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
The metric that your startup needs to measure: Net promoter score
Startups are full of uncertainty — and prospective clients know that. Credibility and reputation are both keys to a company’s ability to not only sell a product or service, but also to create brand ambassadors that will promote it to friends and others. As the saying goes, your customers are your best salespeople. “If you…
Comcast launches new gigabit service in Kansas City metro
The Kansas City gigabit market just become more crowded. In addition to Google Fiber and AT&T, Comcast has now joined the ranks of Kansas City Internet providers offering gigabit speeds. In 2017 Comcast will begin to roll out residential gigabit Internet service to customers in the Kansas City suburban area. The company will deliver the…
Four female entrepreneurs will represent KC in UberPITCH contest
Four Kansas City entrepreneurs will be celebrating global entrepreneurship week on the East Coast as they vie for part of a $120,000 pie. Kansas City’s representatives — which are listed below — represent a diverse set of industries, including tech, health and agriculture. Kansas City was one of five participating cities in UberPITCH — a…
Google Fiber launches ‘gigabit community’ effort in KCK
In a world where the Internet is used to search for jobs, pay bills and finish homework — Google Fiber aims to use its gigabit service to leverage equal opportunity. In conjunction with a host of community partners, Google Fiber on Wednesday launched its first gigabit communities site in Kansas City, Kan. to help close the…