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
Inc. 5000 report: Kansas City retailers among metro’s fastest growing companies
Shoppers are buying, spurring retail growth in Kansas City, according to details gleaned from the 2018 Inc. 5000 fastest-growing companies list. Released Wednesday morning, the report showed a slight dip in performance for Kansas City overall compared to 2017. Three dozen Kansas City-area firms landed on the 2018 Inc. 5000 list, a drop from the…
KC-based Contract Canvas earns finalist slot for WeWork Creator Awards in Nashville
Returning to WeWork’s Creator Awards to pitch Contract Canvas was a defining moment for Chris Brown, as well as the year-old legal startup, he said. “I worked harder on this pitch than perhaps any pitch I’ve ever given,” said Brown, hours after a flight back from meeting with Creator Awards judges in New York City…
LaunchKC nets 32 percent gain in tech startups vying for $500K in prizes; selection under way
LaunchKC is off to the races toward its fourth annual, national grants competition for tech entrepreneurs. The program attracts hundreds of tech entrepreneurs each year – including a 32 percent increase and a near-record 586 applicants this year — to compete for up to $500,000 in grants and an opportunity to build and grow their…
First down for Healthy Hip Hop: Roy Scott teams with Champ for game-changing reboot
If it’s making money, don’t give up on it, said Roy Scott, rapper-turned-founder of Healthy Hip Hop. A new partnership with Champ System — a growing Kansas City sports apparel company with a popular hip hop-inspired mascot — will keep the performance- and tech-based startup in school gymnasiums and beyond as Scott’s company continues a…