As pre-seed and seed rounds become increasingly competitive, busy VCs have even less time to look at every pitch deck sent their way. This means founders are under the gun to build engaging decks that quickly command attention from investors amid noisy, crowded markets.
The fundraising blockers black female founders experience today are the same prejudices we’ve dealt with our whole lives. Most VCs assume we aren’t as intelligent as they are, or that we’re an investment risk.
Despite averaging 57 percent more investor meetings than their peers, black female founders raised less money than any other demographic in 2021—the only teams not to break the $1M mark in funding averages.