On the Rise: 2019 Set a Record for New Female-Led Unicorns
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On the Rise: 2019 Set a Record for New Female-Led Unicorns

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The Briefing

  • In 2019, just 9% of total VC investment dollars went to startups with at least one female founder
  • While there’s still a long way to go to narrow the gender gap in VC funding, progress is being made—last year, 21 female-led businesses achieved unicorn status, compared to just 4 in 2013

On the Rise: 2019 Set a Record for New Female-Led Unicorns

In 2019, more female-led start-ups achieved unicorn status than ever before.

A unicorn is a privately held company that’s valued at $1 billion or more. Last year, 21 new female-led companies hit that valuation mark—a 40% increase compared to 2018.

Within the last decade, the number of female-led unicorns has grown steadily:

YearUnicorns with at least one female founder
20134
20148
20159
20165
20178
201815
201921

One of the startups to achieve unicorn status in 2019 was Away, a travel and lifestyle brand based in New York. After launching in 2016, Away made $12 million in sales in its first 12 months, and in 2019, the company closed $100 million in Series D funding.

Glossier, a direct-to-consumer beauty company, also made the new unicorn list in 2019. Like Away, the New York-based beauty brand raised $100 million in Series D funding—almost double the amount garnered in its $52 million Series C round.

There’s Still Work to Do

While it’s clear that the number of female-led unicorns is increasing, there’s still a wide gender gap in the venture capital and startup landscape.

In 2019, only 9% of VC investment dollars went to companies with at least one female founder. And this proportion of dollars to female/male co-founded companies hasn’t changed much over the years:

YearProportion
20138%
20148%
20159%
20168%
201710%
20189%
20199%

Why does this gap persist? One reason could be the lack of female representation in venture capital leadership. As of 2019, less than 10% of decision-makers at U.S. venture capital firms are women.

In short—things are looking up, but there’s still a ton of progress to be made.

»Interested in learning more about female founders and the VC landscape? Read our full article on The Top Female Founder in Each Country

Where does this data come from?

Source: Crunchbase report, titled “Funding to the Female Founders”.
Notes: The analysis was based on announced funding to companies with founders associated. Crunchbase included private company fundings from seed through latestage venture; excluding private equity rounds.

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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.

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Ukraine war death toll

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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