New investor report: Women-led startups more likely to get angel support than VC backing
October 30, 2018 | Austin Barnes
Angel investors support 10-times more women-led companies than venture capital-backed investors, revealed a first-of-its-kind report by the Kansas City-based Angel Capital Association.
Marianne Hudson, Angel Capital Association
“It didn’t shock us,” said Marianne Hudson, executive director of the ACA, the world’s largest cohort of angel investors.
Hudson cited previous ACA research that indicated 21 percent of angel investors had been identified as women.
“We could really see some growth there,” she said. “Any events and activities that were giving women momentum had a lot of interest.”
Newly released, the pilot for the ACA’s Angel Funders Report polls 26 angel groups from 17 states and examined factors that impact investor returns and overall entrepreneurial success.
“[Angel Groups] are very excited about this. They can see some real, potential benefits,” Hudson said.
Other highlights of the report include angel investors eager to support first-time entrepreneurs, investment opportunities located in more than twice the number of states as angel investors, and multiple angel investors collaborating to infuse startups with investments in the million-dollar range, Hudson revealed.
Click here to view the full Angel Funders Report.
“I think [collaboration] is a growing trend in that it really shows that angel groups need to work with each other to invest in entrepreneurs so they get the capital that they need,” she said.
Moving forward, the ACA plans to release the report quarterly, Hudson said. Beyond the release of the pilot report, an official launch timeline has not yet been determined.
“An angel investment is only successful if the company is successful,” she added. “I think over time this will give us the kinds of insights that everyone can learn from.”
Routine study of trends in angel investment will further cultivate the entrepreneurial ecosystem, by alerting investors and entrepreneurs to new opportunities in the startup space, Hudson said.
Featured Business
2018 Startups to Watch
stats here
Related Posts on Startland News
Husch Blackwell’s Jeff Simon hopes outreach, Techweek grow KC’s organic startup community
Editor’s note: This story is sponsored by Techweek, but independently produced by Startland News. Give now, get later. That’s the mindset Jeff Simon, managing partner of Husch Blackwell’s Kansas City office, instills in his team of attorneys to not only encourage networking, but also build a stronger Kansas City. Empowering his attorneys with autonomy to…
Whiteboard2Boardroom schools startup on valuable connections
Without Whiteboard2Boardroom, many student-led innovations might be forever stalled in the world of academia. Instead, the program is credited with helping to accelerate the commercialization of such projects to the tune of 129 new jobs and $26.2 million in follow-on funding, according to a recent progress report. W2B has worked with 35 startups and engaged…
Techstars Spotlight: Sexy STEM jobs? They’re not for everyone, NexusEdge says
Shanti Akkineni and Eddie Lin are self-proclaimed “serial job hoppers.” It’s a frustrating reality for many, Akkineni said, because of a lack of mentorship accessibility and job awareness. She herself has experienced employment in five different industries within a decade, she said. “I would go to work Monday morning, sit at my desk and not…
Tech startup to assist in donating American Royal BBQ leftovers
If there’s one thing Kansas City celebrates more than entrepreneurship, it’s barbecue. A local startup, Tappecue, plans to use its technology this weekend at the American Royal BBQ competition to assist in donating leftover food to the hungry. Tappecue is a cloud-based “smart” barbecue thermometer, with which BBQ aficionados can monitor meat temperatures via a…