Women-Owned Small Businesses
Did you know that 43.2% of small businesses are women-owned, representing 13.5M businesses? Find out more about the record-breaking venture funding raised by women founders in 2021 and the tiny fraction of overall capital raised in the first half of 2022.

U.S. Securities and Exchange Commission
The SEC protects investors, maintains fair, orderly, and efficient markets, and facilitates capital formation. Disclaimer: https://t.co/kQaurNTXAI

-
DYK 43.2% of small businesses are women-owned, representing 13.5M businesses? #WomensHistoryMonth #CapitalRaising
— U.S. Securities and Exchange Commission (@SECGov) March 7, 2023
👉 https://t.co/N2Bwx4cP9D pic.twitter.com/707yfP3Fmv -
In 2021, women founders and co-founders raised a record $64.6 billion in venture funding, and funding in the first half of 2022 remained historically high at $26.3 billion.
— U.S. Securities and Exchange Commission (@SECGov) March 14, 2023 -
Despite record amounts in 2021, women founders’ share of VC funding remains a tiny fraction of overall capital raised. In the first half of 2022, companies with women-only founders received just 2% of VC capital.
— U.S. Securities and Exchange Commission (@SECGov) March 15, 2023 -
Women VC partners were 3x more likely to invest in startups with women CEOs and often yielded superior results — but only 40% of VC firms have a woman checkwriter.
— U.S. Securities and Exchange Commission (@SECGov) March 17, 2023 -
Women held 28% of the Russell 3000 board seats (up from 18% in 2018), and the share of women on boards at VC-backed companies has increased from 7% in 2019 to 14% in 2021
— U.S. Securities and Exchange Commission (@SECGov) March 20, 2023 -
Executive teams with women are 21% more likely to be profitable than all-men teams and are correlated with increased innovation.
— U.S. Securities and Exchange Commission (@SECGov) March 24, 2023
Find more information, including our #SECSmallBiz team’s recommendations to Congress and the Commission, in our 2022 annual report.