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
Nearly 30 percent of InvestMidwest applicants from Kansas City
Young Kansas City companies are hungry for investor dollars and connections — as evidenced by dozens of metro startups and businesses applying for next month’s InvestMidwest Venture Capital Forum. Of the more than 140 applications from entrepreneurs in 19 states seeking to pitch their companies, 18 hail from Kansas City, Missouri, and 10 call Overland Park…
Made in Kansas City named TeamKC MVP for celebrating KC pride, promoting talent
With its sprawling footprint and focus on local creatives, Made in Kansas City is among the most valuable brands in the metro, TeamKC announced Friday, touting the startup as an economic development driver worthy of its MVP award. Made in KC — founded in 2015 as a retailer of Kansas City-centric and locally designed and made…
After expanding West Bottoms production, Convivial shaping new botanical concept in Crossroads
Bootstrapped design and manufacturing company Convivial is reaching out with a clay-covered hand from its West Bottoms production space to plant a Crossroads retail concept, said Chentell Shannon. “I feel grateful and I feel honored and excited and scared — I mean, growing a business is scary,” laughed Shannon, founder of Convivial. Having delivered handmade…
SPN report: KC underperformed on venture deals by $100M in 2018, despite cool jobs and connectivity
Google Fiber infrastructure and cool tech jobs alone aren’t enough to power a vibrant startup ecosystem rich with venture-backed investments, according to a new report that takes a critical look at Kansas City’s place within the Midwest economy. “The [Kansas City] community boasts the fastest broadband speed and is competitive in most of the other…