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
Fund Me, KC: Family drives KC Pinoy food truck toward brick and mortar
Startland News is continuing its segment to highlight area entrepreneurs’ efforts to accelerate their businesses. This is an opportunity for entrepreneurs — like KC Pinoy Founder Chrissy Nucum — to share their stories to gain a little help from their supporters. Who are you? I’m Chrissy Nucum, owner and operator of KC Pinoy. What does…
Startland News, KCSF moving to new offices at Plexpod Crossroads
Moving day has arrived for Startland News and the Kansas City Startup Foundation. The nonprofit digital magazine and its parent organization are set to establish new roots in the Crossroads arts district by the end of this week. Their destination: Plexpod Crossroads. “Readers shouldn’t see an interruption in news from Startland — as something of a…
Say ‘cheese,’ KC! Cheddies arrive in Hy-Vee stores after Sprint Accelerator success
For the brothers behind Cheddies, maintaining the integrity of their real-cheddar cheese cracker through the transition to larger manufacturing is paramount as the firm scales, they said. “It really is a guilt-free experience,” said Tomas Pergola, describing the snack he created with his brother, Francisco. “A lot of times we feel the need to indulge…
Lenexa-based Athlete Network teams with K-State, Arkansas, Lindenwood on student engagement
A Kansas City-area tech startup is expanding the scope of its social network for athletes, the company announced this week, revealing new partnerships between Athlete Network and three universities with Division 1 sports. The company is collaborating with athletic departments at Kansas State University, Arkansas State University, and Lindenwood University to develop game-changing technology with…