game of thrones
Venture funding to women-led startups fell to just 2.8% of all capital raised so far in 2023, Carta data shows.
  • Venture capital's funk continued in the third quarter and shows no sign of stopping.
  • New data from Carta shows the sparse flow of funds has had an outsized impact on women founders.
  • Women-only teams pulled in 2.8% of all venture funding in 2023, the lowest tally in four years.

In the midst of a sharp pullback in venture capital investment, women founders are feeling the chill more than men.