Nearly 50% of women founders and women working in tech have experienced harassment, a statistic that has barely budged since 2017.
Despite the #MeToo movement that spurred trending hashtags, diversity pledges among Silicon Valley’s biggest VCs, and tech companies hiring Chief Diversity Officers, women in tech continue to face significant sexism and toxic workplace culture.
Women Who Tech anonymously surveyed 1,003 tech employees, startup founders, and investors about their experiences in tech and startups. The survey identified trends and shifts in the treatment of underrepresented tech founders and employees since 2017. See the results.
In 2017, Women Who Tech partnered with Lincoln Park Strategies to conduct the first iteration of this survey to anonymously poll 950 tech employees, founders, and investors on their experiences working in tech. See the results.
Women are founding startups and companies more than ever before, but face a drastic funding gap when it comes to investors. See the infographic.
Facts and Stats
- 2.8% of all investor funding goes to startups founded by women, while 97.2% of funding is distributed to startups founded by men.
- Private technology companies led by women are more capital-efficient, achieving 35% higher ROI, and, when venture-backed, 12% higher revenue than startups run by men, according to the Kauffman Foundation.
- Women founded companies in First Round Capital’s portfolio outperformed companies founded by men by 63%.
- In 2017, there were 114% more women-owned businesses than 20 years prior.
- The number of women-owned businesses in the U.S. increased by 21% from 2014 - 2019.
- The number of black-women-led startups doubled between 2016 and 2018.
- 41% of women surveyed experienced harassment in tech.
- For women founders who were harassed, 77% experienced sexist harassment and 45% experienced sexual harassment.
- 65% of those who were sexually harassed were propositioned for sex in exchange for funding, introductions, a job, etc.