Datastream
Only a Fraction of U.S. IPOs Have Female Founders
The Briefing
- Over the last decade, over 2,000 companies have gone public in the U.S.—but only a fraction of these companies have been female-led
- Since 2013, only 18 women have founded and led a company through to an initial public offering (IPO) in the United States
Only a Fraction of U.S. IPOs Have Female Founders
Last month, Bumble’s founder and CEO Whitney Wolfe Herd became the youngest female CEO to take a company public in America.
Herd’s achievement generated a lot of buzz, and for good reason—since 2013, fewer than 1% of U.S. companies to go public have been female-led. In other words, Herde has hit a milestone that only about 18 other women in the U.S. have achieved in the last decade.
Using data from Insider, this graphic looks at the number of female-led IPOs in America since 2013.
A Decade of U.S. IPOs
In 2020, four women took their companies public. While that’s double the amount in 2019, it’s still only a drop in the bucket compared to the hundreds of companies that went public with male founders last year.
Year | All Companies that went Public | Companies with a Female Founder / CEO |
---|---|---|
2013 | 246 | 2 |
2014 | 309 | 2 |
2015 | 196 | 2 |
2016 | 125 | 3 |
2017 | 217 | 1 |
2018 | 259 | 2 |
2019 | 241 | 2 |
2020 | 442 | 4 |
Interestingly, three of the four companies in 2020 were in the biotech and pharmaceutical industries:
- Annovis Bio Inc (ANVS), founded by Maria L. Maccecchini, develops drugs for neurodegeneration diseases like Alzheimer’s and Parkinson’s
- Ayala Pharmaceuticals (AYLA), founded by Roni Mamluk, is a clinical-stage oncology business focused on rare cancers
- Athira Pharma (ATHA), founded by Leen Kawas, is a therapeutics company focused on Alzheimer’s disease
The fourth company, Amesite (AMST), founded by Ann Marie Sastry, develops AI software for learning institutions.
Important Note on Methodology
It’s important to note that this list excludes companies that went public with a female CEO who wasn’t an original founder.
However, Insider points out that even those figures are relatively small—only 9 extra companies would have made the list in 2020 if that was the case.
» Like this? Then you might enjoy this article The Top Female Founder in Every Country
Where does this data come from?
Source: Insider
Details: Data based on companies that are currently publicly traded. Companies that went public with a female CEO who was not the founder were excluded from the list.
Datastream
Charted: The Ukraine War Civilian Death Toll
Using data from the UN, this chart shows civilian death toll figures resulting from Russia’s invasion of Ukraine.

The Briefing
- In total, since the war began in February there have been over 7,031 Ukrainian civilian deaths
- Most of the civilian casualties recorded were caused by the use of explosive weapons, such as missiles and heavy artillery
Charted: The Ukraine War Civilian Death Toll
Russia’s war of aggression in Ukraine has wrought suffering and death on a mass scale, with many Russian attacks targeted at civilians.
We’ve created this visual using data from the UN Office of the High Commissioner for Human Rights (OHCHR) to better understand how many civilians have died in Ukraine as a result of the war, as well as how many were injured and how many were children.
The Numbers
As of early December, it is reported that 7,031 people in Ukraine have died because of the war — 433 of them children. Another 11,327 have been injured, 827 of which are children. In total, this is over 18,000 people killed or injured.
The figures are difficult to verify due to differing reports coming out of both Russia and Ukraine. The UN OHCHR anticipates that the numbers could be even higher.
The State of the Conflict
The war began on February 24th, 2022 and less than a year in, millions of people have been displaced by the conflict, and thousands of civilians have been injured or killed.
According to the UN, most of the civilian deaths have been caused by wide-ranging explosives such as heavy artillery shelling, missiles, and air strikes, and have been concentrated in Donetsk and Luhansk and in other territory still held by Ukraine.
Additionally, new estimates from Kyiv report approximately 13,000 Ukrainian military or soldier deaths, which has yet to be confirmed by the army.
Where does this data come from?
Source: The United Nations Office of the High Commissioner for Human Rights monthly reports on civilian deaths in Ukraine.
Note: Data on deaths and injuries can vary wildly depending on the source.
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