Florida Startup Ecosystem Map Powered by Embarc Collective Embarc Collective
Women in the ecosystem

Closing the Glaring Gap

Women start close to half of America's new businesses and own more than four in ten of them — a larger share in Florida than in the country as a whole. This page maps the organizations backing them, and takes its name from the Embarc Collective programme that has trained Florida's women investors every year since 2020.

Figures current as of 2026-08-26 · 23 cited sources · every number below is footnoted
49%
of new US businesses in 2024 were started by women, up from nearly 30% in 20198
46.4%
of Florida businesses are women-owned, against 44.6% nationally on the same measure9,10
#4
Tampa Bay's rank among the top 50 US metros for women-owned businesses11
39.1%
of active US angel investors are women — far closer to parity than institutional venture12
50
Florida women trained per Glaring Gap cohort, every year since 20206,2

The momentum, and the gap

Two things are true at once, and this page states both.

Women now start about half of all new businesses in the United States, own 40.6% of them, and are adding businesses at roughly twice the rate men are.8,13 Florida is ahead of that national rate: 46.4% of Florida businesses are women-owned, which puts the state third in the country by count and second by employer firms.9

At the same time, all-women founding teams took 1.1% of American venture dollars in 2025.14 That number has barely moved in a decade.

The distance between those two facts is what Embarc Collective named the Glaring Gap. The rest of this page is about who is closing it — starting with the organizations a founder or a prospective investor can actually walk into.

What is compounding

Growth rates, not levels — these are the numbers moving in the right direction.
12.1%growth in women-owned businesses from 2022 to 2025, against 6.3% for men-owned — close to double the rate13
~20%growth in women-owned employer firms between 2017 and 2023, from 1,134,549 to 1,356,990. This one is observed Census data rather than a projection15
49.8%growth in minority women-owned employer firms over the same six years — roughly two and a half times the overall rate15
11% → 20%women's share of senior investment partner roles at surveyed US venture firms, across five survey waves from 2016 to 202416
26.7%of women entrepreneurs' angel pitches convert to investment, against 22.6% market-wide12
78¢of revenue per venture dollar at women-founded startups, against 31¢ at male-founded ones, on less than half the average investment17

What has not moved

Stated plainly, because a page that only listed the good numbers would not be worth citing.
1.1%of US venture dollars went to all-women founding teams in 2025 — $3.2B across 794 deals, against $191.1B to all-male teams. Down from 2.1% the year before14
6%of US venture deals went to all-women teams, so this is not only a cheque-size effect14
4.6%of US business revenue comes from women-owned businesses, against 40.6% of firms. Note the denominator: publicly held and unclassifiable firms hold 63.2% of revenue, so this is not a clean women-versus-men split13
>40%of 2025's record $73.6B to female-founded companies came from just two firms, Anthropic and Scale AI. Remove them and the record disappears18
127women-led venture funds closed $2.45B in 2025 — down from 170 funds and $3.88B in 202419
$10.2Tin additional annual US revenue if women-owned businesses matched the average revenue of men-owned ones. The gap has a price11

Read those two columns together and a pattern shows up: the further a measure sits from institutional venture capital, the closer women are to parity. Business formation is at about half.8 Angel investing is at 39.1%.12 Senior venture partner roles are at 20%.16 All-women teams' share of venture dollars is at 1.1%.14

That ordering is why a programme aimed at training investors rather than founders is a reasonable place to intervene, and it is the premise the Glaring Gap Summit has run on since 2020.1 Over the ten years to 2024, venture deal count for all-female-founded companies grew at a 5.5% compound annual rate against 1.1% for all-male-founded ones — slow, but compounding in the right direction.20

Where Florida stands

Florida is not an average state on this measure. It is one of the strongest.

46.4% of Florida businesses are women-owned — 1,393,979 of them, including 115,979 with employees — against 44.6% nationally on the identical measure.9,10 Rank the states on that same table and Florida comes third for women-owned businesses overall and second for women-owned employer firms, behind only California; those ranks are derived from the profiles rather than printed in them.9

Three Florida metros placed in the national top ten for women-owned business clout in 2024: Tampa–St. Petersburg–Clearwater fourth, Miami–Fort Lauderdale–West Palm Beach fifth, Jacksonville sixth. Tampa grew its women-owned firms 38.4% and their employment 50.2% over five years; Miami has the highest density of women-owned businesses in the country, at 5,205 per 10,000 women.11

The venture picture is the harder half, and the contrast within a single year is the sharpest number on this page. In 2025, South Florida startups with at least one woman founder raised $478 million across 70 deals — 12% of the region's dollars — down from $806 million the year before, in a year when total South Florida startup funding rose 49%.21 All-women teams accounted for $82 million of it, about 2%.21

Two caveats worth carrying. Those metro rankings are from the 2025 edition, measuring 2024; in the 2026 edition no Florida state or metro appears in the top ten at all.11 And Florida's ownership lead does not carry through to scale: 8.3% of women-owned Florida businesses have employees, against 16.7% of men-owned ones.9

46.4%of Florida businesses are women-owned, against 44.6% nationally on the identical measure — 1,393,979 businesses, 115,979 of them with employees9,10
3rd / 2ndFlorida's national rank for total women-owned businesses, and for women-owned employer firms — derived by ranking all 50 state profiles and DC on the same table9
4 · 5 · 6Tampa Bay, Miami and Jacksonville's ranks among the top 50 US metros for women-owned businesses in 202411
38.4%growth in Tampa Bay's women-owned firms from 2019 to 2024, with employment at those firms up 50.2%11
5,205women-owned businesses per 10,000 women in metro Miami — the highest density in the nation11
12% ↓of South Florida venture dollars went to startups with a woman founder in 2025 — $478M, down from $806M, in a year total regional funding rose 49%21

The Glaring Gap, year by year

The Glaring Gap started as a measurement problem. Embarc Collective launched the Glaring Gap Report in 2020 to establish what the gap between women and men actually was in Florida — in founding startups, in raising investment, and in writing cheques.1 The Summit was the action attached to it: identify fifty women a year and train them to evaluate a startup investment.

Two Reports were published, in 2020 and 2021. The Summit has run every year since.3,7

2020 · 1st Summit

The Report establishes the baseline, and the first cohort is trained

The first Glaring Gap Report found that over the decade to 2019, women-led Florida startups had received 11% of the state's early-stage venture dollars while raising 17% of the rounds, that only 15% of Florida investment firms had any woman on the team, and that 8% had a woman in an investment or leadership role.1 The first Summit followed: 50 women from across Florida — college students, mid-career professionals and accredited investors — through an investing-fundamentals curriculum with Angela Lee of 37 Angels and Columbia Business School.2

Three virtual days · supported by JPMorgan Chase · keynote by Alexa von Tobel
2021 · 2nd Summit

The second Report, and the last one

The 2021 Report found women-founded Florida companies took 8% of the state's venture dollars in 2020, up from 7.2% in 2019 but behind the 11% national figure; that 18% of new Florida startups had a woman founder, down from 23%; and that women in investment roles at Florida firms rose 36%, from 28 to 38.3 No further edition of the Report has been published.

Three virtual days in November · supported by JPMorgan Chase
2022 · 3rd Summit

In person, and past 150 women trained

The third Summit moved in person under ReliaQuest sponsorship, with sessions on due diligence, startup valuations, venture math, equity crowdfunding and developing an investor point of view. By this point the programme had trained over 150 women across Florida.4

Sponsored by ReliaQuest · the partnership also created the ReliaQuest Auditorium at Embarc Collective
2024

Two days at the ReliaQuest Auditorium

The 2024 Summit ran on 23 and 24 October under the line “We believe women leaders will build and fund the future of Florida.” Embarc published no participant count for that year.5

23–24 October · ReliaQuest Auditorium @ Embarc Collective
2025 · 6th Summit

Fifty women, two days, risk and valuation

The sixth-year Summit equipped fifty Florida-based women — accredited investors, emerging professionals and college leaders — with training in risk taking, startup valuations, building relationships, and the venture capital considerations behind building a startup investment portfolio.6

Sponsored by Hillsborough County EDi2 and RSM
2026 · Running now

Fifty current and future women investors, 26–27 August

The current Summit convenes 50 current and future women investors “to lead, fund, and impact the future of Florida”, across two days with a founder showcase on the second.7

26–27 August · program sponsor Suncoast · travel sponsor Delta · partners A-LIGN, Tampa General Hospital and the University of South Florida

Embarc Collective's record

Embarc Collective runs the Glaring Gap, so its own record belongs on this page rather than in a footnote.

Fifty women have been trained per cohort every year since 2020, and the programme had passed 150 women across Florida by 2022 — the last year for which Embarc published a cumulative figure.4,6 A Florida Senate funding request filed by Embarc records that 27% of its membership was female as of 2023.22 Its 2022 Impact Report records that nearly 67% of member programming speakers came from underrepresented backgrounds — a broader measure than gender, and worth reading as such.23

Embarc has not published a breakdown of its coaching team by gender, or a portfolio-wide count of women-founded member companies, so neither appears here. Where a number is not public, this page leaves the space empty rather than filling it.

50Florida women trained per Glaring Gap cohort, every year since 20206
150+women trained across the first three cohorts, the last cumulative total Embarc published4
7consecutive annual Summits, 2020 through the one running now7
27%of Embarc Collective's membership was female as of 202322
~67%of member programming speakers came from underrepresented backgrounds in 2022 — a broader measure than gender23

62 organizations backing women founders

These are organizations whose stated purpose is backing women founders or training women investors — accelerators, funds, angel networks, university programmes and nonprofits. Every one was checked against its own website, and every pin was checked to fall inside the state it claims.

With two exceptions this list appears here and nowhere else on the site — it is a national reading list for a Florida founder or a prospective investor deciding where to apply, not a second directory competing with the Florida one. The two organizations that also hold a full record in the Florida directory are marked, and link through to it.

One absence is worth naming. Florida's twelve entries are all Women's Business Centers, chambers and membership communities — real support, and free at the point of use. We could not verify a single currently-operating, Florida-headquartered venture fund, angel network or accelerator dedicated to women founders. The Florida attempts we checked have either wound down or cannot be confirmed as active. That gap is the Glaring Gap in its most literal form, and it is why the Summit trains investors rather than founders.

Alabama — 0 organizationsArizona — 1 organizationArkansas — 0 organizationsCalifornia — 10 organizationsColorado — 1 organizationConnecticut — 1 organizationDelaware — 0 organizationsDistrict of Columbia — 2 organizationsFlorida — 12 organizationsGeorgia — 1 organizationIdaho — 0 organizationsIllinois — 2 organizationsIndiana — 1 organizationIowa — 1 organizationKansas — 1 organizationKentucky — 0 organizationsLouisiana — 0 organizationsMaine — 0 organizationsMaryland — 1 organizationMassachusetts — 1 organizationMichigan — 1 organizationMinnesota — 2 organizationsMississippi — 0 organizationsMissouri — 1 organizationMontana — 1 organizationNebraska — 0 organizationsNevada — 1 organizationNew Hampshire — 0 organizationsNew Jersey — 1 organizationNew Mexico — 1 organizationNew York — 8 organizationsNorth Carolina — 0 organizationsNorth Dakota — 0 organizationsOhio — 1 organizationOklahoma — 1 organizationOregon — 1 organizationPennsylvania — 0 organizationsRhode Island — 0 organizationsSouth Carolina — 0 organizationsSouth Dakota — 0 organizationsTennessee — 0 organizationsTexas — 4 organizationsUtah — 2 organizationsVermont — 0 organizationsVirginia — 0 organizationsWashington — 1 organizationWest Virginia — 0 organizationsWisconsin — 1 organizationWyoming — 0 organizationsAll Raise — West Hollywood, CAAstia — San Francisco, CABBG Ventures — New York, NYBabson College — Frank & Eileen Institute for Women and Allies (WIN Lab) — Wellesley, MABlack Girl Ventures Foundation — Washington, DCBroadway Angels — San Francisco, CAChingona Ventures — Chicago, ILChloe Capital — Ithaca, NYCowboy Ventures — Palo Alto, CADivInc — Austin, TXFearless Fund — Atlanta, GAFemCity — Miami, FLFemale Founders Fund — New York, NYFlorida Women's Business Center — Delray Beach, FLForerunner Ventures — San Francisco, CAGlaring Gap Summit (Embarc Collective) — Tampa, FLGolden Seeds — New York, NYGraham & Walker — Seattle, WAHalogen Ventures — Los Angeles, CAHow Women Invest — San Francisco, CAIlluminate Ventures — Oakland, CAJacksonville Women's Business Center — Jacksonville, FLMaryland Women's Business Center — Rockville, MDMichigan Women Forward — Detroit, MIMontana Women's Business Center (Prospera Business Network) — Bozeman, MTNAWBO Orlando — Orlando, FLNAWBO South Florida — Fort Lauderdale, FLNevada Women's Fund — Reno, NVOneKC for Women — Kansas City, MOPipeline Angels — Newark, NJPortfolia — San Mateo, CASofia Fund — Minneapolis, MNSpringboard Enterprises — New York, NYTampa Bay Women's Business Centre — Tampa, FLTexas Woman's University Center for Women Entrepreneurs — Denton, TXThe Artemis Fund — Houston, TXThe Helm — New York, NYThe Iowa Center Women's Business Center — Des Moines, IAThe Startup Ladies — Indianapolis, INTrue Wealth Ventures — Austin, TXVEST — Oklahoma City, OKWBEC-West — Mesa, AZWESST — Albuquerque, NMWisconsin Women's Business Initiative Corporation (WWBIC) — Milwaukee, WIWomen Business Owners of North Florida — Jacksonville, FLWomen Founders Network — Los Angeles, CAWomen Tech Council — Salt Lake City, UTWomen in Tech & Entrepreneurship (WTE) — Tampa, FLWomen's Business Center of Utah — Salt Lake City, UTWomen's Business Development Center (WBDC) — Chicago, ILWomen's Business Development Council — Stamford, CTWomen's Business Enterprise National Council (WBENC) — Washington, DCWomen's Capital Connection — Overland Park, KSWomen's Chamber of Commerce of Palm Beach County — West Palm Beach, FLWomen's Investor Network (Rockies Venture Club) — Denver, COWomen's Small Business Accelerator of Ohio (WSBA) — Dublin, OHWomen's Venture Fund — New York, NYWomenVenture — St. Paul, MNWorking Women of Tampa Bay — Tampa, FLXcelerate Women — Portland, ORdigitalundivided — New York, NYweVENTURE Women's Business Center — Melbourne, FL
Organizations per state none 1 2 3–4 5+
62 organizations
Nonprofit / community

FemCity

Miami, FL· operates nationally· Florida

Miami-headquartered membership community for women entrepreneurs and professionals, running masterclasses, mentorship circles and chapters across the US and Canada.

Nonprofit / community

Florida Women's Business Center

Delray Beach, FL· Florida

SBA-funded Women's Business Center serving Palm Beach and Broward counties with free one-to-one counselling, training and mentoring.

Nonprofit / community

Jacksonville Women's Business Center

Jacksonville, FL· Florida

SBA-funded Women's Business Center run by the JAX Chamber Foundation, delivering counselling, mentoring and an Entrepreneur Certificate Program across Northeast Florida.

Nonprofit / community

NAWBO Orlando

Orlando, FL· Florida

Central Florida chapter of the National Association of Women Business Owners, providing mentorship, programming and networking from startup through scale.

Nonprofit / community

NAWBO South Florida

Fort Lauderdale, FL· Florida

Chapter of the National Association of Women Business Owners serving Broward, Miami-Dade and Palm Beach counties through monthly meetings, education and peer networking.

Nonprofit / community

Tampa Bay Women's Business Centre

Tampa, FL· Florida

Run by the Helen Gordon Davis Centre for Women, the only SBA-designated Women's Business Centre on Florida's west coast since 2013, covering six Tampa Bay counties.

Nonprofit / community

Working Women of Tampa Bay

Tampa, FL· Florida

Tampa membership community for women in business, running year-round networking and education and operating the WW Foundation, which awards seed funding to women entrepreneurs.

Nonprofit / community

All Raise

West Hollywood, CA· operates nationally

501(c)(3) nonprofit working to increase the number of women and nonbinary decision-makers writing cheques at US venture firms.

Nonprofit / community

Astia

San Francisco, CA· operates nationally

Nonprofit and investment platform, founded in 2000, that sources and funds high-growth companies led by women through the Astia Fund and Astia Angels.

Venture fund

BBG Ventures

New York, NY· operates nationally

A pre-seed and seed venture firm with a long track record of backing women-founded companies.

Angel network

Broadway Angels

San Francisco, CA· operates nationally

Invitation-only angel network of senior women investors and technology executives who write personal cheques into early-stage startups.

Venture fund

Chingona Ventures

Chicago, IL· operates nationally

A Chicago pre-seed venture firm founded by Samara Hernandez that backs women- and minority-founded startups.

Venture fund

Chloe Capital

Ithaca, NY· operates nationally

A seed-stage venture firm investing in women-led companies that also runs city-based accelerator cohorts.

Venture fund

Cowboy Ventures

Palo Alto, CA· operates nationally

Seed-stage venture firm founded and led by Aileen Lee, one of the earliest woman-founded institutional seed funds in Silicon Valley.

Nonprofit / community

digitalundivided

New York, NY· operates nationally

A nonprofit running founder programs and capital-access initiatives for women entrepreneurs from underrepresented communities.

Accelerator

DivInc

Austin, TX· operates nationally

An Austin nonprofit accelerator for underrepresented founders that runs a dedicated Women in Tech accelerator.

Venture fund

Fearless Fund

Atlanta, GA· operates nationally

A venture firm built by women of color to invest in women-of-color-led businesses at pre-seed through Series A.

Venture fund

Forerunner Ventures

San Francisco, CA· operates nationally

Early-stage consumer-focused venture firm founded by Kirsten Green, reporting $3B in assets under management.

Angel network

Golden Seeds

New York, NY· operates nationally

A national angel investment network whose members fund women-led startups.

Venture fund

Graham & Walker

Seattle, WA· operates nationally

Seattle venture fund that grew out of the Female Founders Alliance, investing in women-led early-stage startups and running free Founder Day programs.

Venture fund

Halogen Ventures

Los Angeles, CA· operates nationally

Early-stage venture fund investing exclusively in consumer technology companies led by women.

Venture fund

How Women Invest

San Francisco, CA· operates nationally

San Francisco venture firm investing exclusively in female-founded companies while building a pipeline of women limited partners.

Venture fund

Illuminate Ventures

Oakland, CA· operates nationally

Seed-stage B2B/enterprise software fund founded by Cindy Padnos with an explicit thesis that diverse teams inclusive of women outperform.

Nonprofit / community

Michigan Women Forward

Detroit, MI

A Detroit-based CDFI that lends to and coaches women entrepreneurs and runs the WomanUp & Pitch competition.

Foundation / funder

Nevada Women's Fund

Reno, NV

Reno-based women's foundation funding scholarships, career advancement and community programs for women across northern Nevada.

Nonprofit / community

OneKC for Women

Kansas City, MO

A Kansas City organization supporting women entrepreneurs, whose angel-investing work runs through the affiliated Women's Capital Connection.

Angel network

Pipeline Angels

Newark, NJ· operates nationally

An angel network of women and non-binary investors that trains new angels and funds underrepresented founders.

Venture fund

Portfolia

San Mateo, CA· operates nationally

Venture investing platform founded by Trish Costello that lets women invest together through themed funds in areas such as women's health, active aging and sustainability.

Angel network

Sofia Fund

Minneapolis, MN

A Minneapolis angel investment group led by women that puts $100,000-$500,000 into women-led growth companies.

Nonprofit / community

Springboard Enterprises

New York, NY· operates nationally

A national nonprofit accelerator network that prepares women-led technology and life-sciences companies to raise capital.

Venture fund

The Artemis Fund

Houston, TX· operates nationally

Houston's first female-led, female-focused venture fund, leading seed rounds for women founders in fintech, commerce and care.

Venture fund

The Helm

New York, NY· operates nationally

An early-stage venture firm investing in companies with at least one female founder.

Nonprofit / community

The Startup Ladies

Indianapolis, IN

An Indiana membership organization that educates, connects and funds women business owners and trains new women investors.

Venture fund

True Wealth Ventures

Austin, TX· operates nationally

An Austin seed-stage venture firm that invests exclusively in women-led companies improving human and environmental health.

Venture fund

VEST

Oklahoma City, OK· operates nationally

An Oklahoma City-based women's peer network founded by Erika Lucas, paired with VEST Her Ventures, which invests in women-led care-economy and future-of-work startups.

Nonprofit / community

WBEC-West

Mesa, AZ

Regional WBENC partner that certifies Women's Business Enterprises and connects certified women-owned firms to corporate and government buyers across the western states.

Nonprofit / community

WESST

Albuquerque, NM

New Mexico nonprofit — originally the Women's Economic Self-Sufficiency Team — providing training, consulting, business incubation and CDFI lending to entrepreneurs statewide.

Nonprofit / community

Women Founders Network

Los Angeles, CA

Los Angeles 501(c)(3) that runs an annual Fast Pitch competition awarding cash grants to women founders plus investor-training programs for college and high-school women.

Nonprofit / community

Women Tech Council

Salt Lake City, UT· operates nationally

National nonprofit headquartered in Salt Lake City focused on the economic impact of women in technology, from K-12 STEM through the boardroom.

Nonprofit / community

WomenVenture

St. Paul, MN

A Twin Cities nonprofit that trains, coaches and lends to women starting and growing businesses.

Nonprofit / community

Xcelerate Women

Portland, OR

Oregon 501(c)(3) — formerly the XXcelerate Fund — providing coaching, peer mentorship and growth education to women business owners statewide.

These organizations are listed only on this page. They sit outside the Florida directory, the regional map and site search on purpose — this is a curated national reading list for founders and prospective investors, not a second directory. The Florida organizations in the main map are over here.

What to do with this

If you are building in Florida, the nearest doors are the Florida ones — and the state's position is better than the national averages suggest.9

If you are thinking about writing cheques rather than raising them, that is where the numbers say the leverage is. Women are 39.1% of American angels but 20% of senior venture partners, and the Glaring Gap Summit exists to move the second number by training the first.12,16

And if you are quoting any figure from this page, follow its footnote first. The measures here are not interchangeable: dollars are not deals, all-women teams are not women-inclusive teams, and employer firms are not all firms.

Footnotes

Numbered in order of first appearance on this page. Every entry is listed in full, with what it supports, on the sources page.

  1. 2020 Glaring Gap Report Embarc Collective embarccollective.com · retrieved 2026-08-26 · full entry
  2. Recap: 2020 Glaring Gap Summit Embarc Collective embarccollective.com · retrieved 2026-08-26 · full entry
  3. 2021 Glaring Gap Report Embarc Collective embarccollective.com · retrieved 2026-08-26 · full entry
  4. Recap: 2022 Glaring Gap Summit Embarc Collective embarccollective.com · retrieved 2026-08-26 · full entry
  5. Glaring Gap Summit 2024 Embarc Collective embarccollective.com · retrieved 2026-08-26 · full entry
  6. Recap: 2025 Glaring Gap Summit Embarc Collective embarccollective.com · retrieved 2026-08-26 · full entry
  7. Glaring Gap Embarc Collective embarccollective.com · retrieved 2026-08-26 · full entry
  8. The Impact of Women-Owned Businesses, 2026 Report Ventureneer, CoreWoman and WIPP Education Institute, commissioned by Wells Fargo, citing Gusto Insights Group wippeducationinstitute.org · retrieved 2026-08-26 · full entry
  9. Florida 2025 Small Business Profile U.S. Small Business Administration, Office of Advocacy advocacy.sba.gov · retrieved 2026-08-26 · full entry
  10. United States Small Business Profile, 2025 U.S. Small Business Administration, Office of Advocacy advocacy.sba.gov · retrieved 2026-08-26 · full entry
  11. The 2025 Impact of Women-Owned Businesses: Key figures on women entrepreneurs by geography Wells Fargo Bank, N.A. smallbusinessresources.wf.com · retrieved 2026-08-26 · full entry
  12. The Angel Market in 2024: A Stable Market Before the AI Frenzy Center for Venture Research, University of New Hampshire (Jeffrey Sohl) paulcollege.unh.edu · retrieved 2026-08-26 · full entry
  13. The Impact of Women-Owned Businesses: 2026 Report Ventureneer, CoreWoman and WIPP Education Institute; commissioned by Wells Fargo smallbusinessresources.wf.com · retrieved 2026-08-26 · full entry
  14. Female funding sets record nationally, but there's more to this story WLRN / Refresh Miami (Nancy Dahlberg), reporting PitchBook's 2025 US All In: Female Founders in the VC Ecosystem wlrn.org · retrieved 2026-08-26 · full entry
  15. Census Bureau Provides Resources, Data Tools, Website for Small Businesses US Census Bureau census.gov · retrieved 2026-08-26 · full entry
  16. VC Human Capital Survey, 5th edition Venture Forward and the National Venture Capital Association (NVCA), with Deloitte ventureforward.org · retrieved 2026-08-26 · full entry
  17. Report: Women-Owned Startups Deliver Twice as Much Per Dollar Invested as Those Founded by Men MassChallenge (reporting joint BCG / MassChallenge research) masschallenge.org · retrieved 2026-08-26 · full entry
  18. Venture dollars to female founders doubled to a record $73 billion last year—but Anthropic and Scale AI skewed the data Fortune (reporting PitchBook's US All In report) fortune.com · retrieved 2026-08-26 · full entry
  19. A complete list of all the women-led venture funds raised in 2025 Venture Capital Journal (exclusive research) venturecapitaljournal.com · retrieved 2026-08-26 · full entry
  20. Female-Founded Unicorns Surge in New VC Deal Report from PitchBook Site Selection Magazine, quoting PitchBook's 2024 US All In report siteselection.com · retrieved 2026-08-26 · full entry
  21. Female funding sets record nationally, but there's more to this story Refresh Miami (reporting PitchBook data) refreshmiami.com · retrieved 2026-08-26 · full entry
  22. Local Funding Initiative Request FY2024-2025 — "Embarc Collective - Increasing Access for Florida-Based Startups" (S2139) The Florida Senate (requestor: Tampa Bay Innovation Hub, dba Embarc Collective; Senate sponsor Ed Hooper) flsenate.gov · retrieved 2026-08-26 · full entry
  23. 2022 Annual Impact Report, "Member Programming" (printed p.15 = PDF page 18) Embarc Collective embarccollective.com · retrieved 2026-08-26 · full entry
This page is an independent reading of public data. Figures on women's participation in entrepreneurship are measured on different bases — dollars against deals, all-women teams against women-inclusive teams, employer firms against all firms — and are not interchangeable. Each footnote records the basis its figure uses; follow it to the source before quoting a number.