Bonfire Ventures

Jennifer Richard Talks to Entrepreneur Mag about Female Inequity in VC

On March 21, 2022, Jennifer Richard revealed in an Entrepreneur Magazine interview that female founders received only 2.2 percent of the $85 billion in venture capital funding last year, with women of color obtaining less than 1 percent, highlighting significant ongoing inequities in VC support.

On March 21, 2022, Jennifer Richard discussed the ongoing inequity faced by female founders in venture capital funding in an interview with Entrepreneur Magazine. She highlighted that out of $85 billion in VC funding last year, only 2.2 percent went to female founders. Furthermore, every year, women of color receive less than 1 percent of total funding. These statistics underscore the persistent challenges and disparities that women, especially women of color, encounter when seeking venture capital support.