2020 DocSend Startup Index: The Funding Divide

The Funding Divide is Real

Our goal through the DocSend Startup Index was to offer founders information and insights into the often opaque world of VC decision-making. While analyzing VC-founder interactions through our platform, it became clear that some of the factors that affect a founders’ ability to fundraise are actually outside of their control. This funding divide can be caused by multiple things including gender or diversity of the founding team, average age of founders, and even where the founding team is based. It’s become clear that a change is needed in how the fundraising marketplace serves minority and underrepresented founders.

Through our research we hope to share critical data on where and how the problem manifests throughout the fundraising process. While we don’t yet know the solution to the clear funding divide, we’re committed to highlighting the data we have available and helping to find a solution.