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
Firebrand Ventures inks $17.7M for oversubscribed seed fund
Kansas City-based seed fund Firebrand Ventures has crushed its original goal to create a $7 million seed fund for startups in the Midwest. Led by investor and former Techstars managing director John Fein, the fund raised $17.7 million for tech ventures in the Midwest, exceeding its initial goal by about 250 percent, said Fein. “I’m…
Integrated Roadways testing smart pavement tech in Colorado
Integrated Roadways is launching a pilot test of its smart pavement technology in Colorado in an effort to save lives. In partnership with the Colorado Department of Transportation, Integrated Roadways will install one-half-mile of its smart pavement technology on U.S. 285 near Fairplay, Colorado. The technology, which makes roadways touch-sensitive to vehicle positions, will collect…
Digital Sandbox KC funds four new area tech startups
Four early-stage companies have joined the ranks of the Digital Sandbox KC. The proof-of-concept incubator program is awarding grants to the quartet of startups, two in partnership with the Ennovation Center in Independence, Missouri, and two out of the Innovation Stockyard in St. Joseph, Missouri. “We continue to see a high volume of creative, innovative…
Entrepreneurs’ innovative thinking pays off for smart cities, Think Big co-founder says
There’s a difference between innovation and invention, said Herb Sih, managing partner and co-founder of Think Big Partners. “Invention is a good idea in search of a home — or, as someone said this morning, a solution in search of a problem,” Sih said. “Reverse that: Innovation. It’s a problem in search of a solution.”…