Despite tough market, female founders prove resilient in venture capital landscape

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Texas female-founded companies have received nearly $8 billion in investments in more than 1,300 deals over the last 14 years.

Claire Siegel is a founder of Flourish, a subscription-based app offering private and group health coaching.Nearly a decade ago, venture capital funds with a gender diversity strategy were hard to find in the vast heartland of the U.S. between the coasts.

“So that’s been a real focus of ours now, having more of a local network of women investors in VC and we think that Texas is particularly well positioned for that.” Brand said. Having more women decision-makers, or general partners, in venture capital firms can open doors for female founders to access necessary capital and provide limited partners with diversified investment opportunities, the report stated.

 

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