Female founders in game companies got 0.11% of game VC deals in 2024 | The DeanBeat
1 min read
Summary
According to PitchBook, women-founded game companies received just 215.7moftheestimated19.4bn invested in the sector in 2024, an estimated 0.11% of total VC deal value and a slight decrease on the 0.18% reported in 2023.
Female representation among U.S. funded technology start-ups is low, but is worse in the games industry.
There has been increased attention on the topic and a “#2Percent” social media campaign highlighting the fact that women founders receive just 2% of venture capital funding.
However, the Trump administration’s attempts to make diversity, equity and inclusion (DEI) illegal in government could negatively affect efforts to increase the amount of money raised by women-led companies.
There is also evidence of bias in the questions women are asked whenpitchingfor funds, compared with those asked of men.
Some women game entrepreneurs feel it is a difficult time to be pitching, but others are confident that the numbers will improve over time.
Research shows that female-led start-ups often outperform those led by men.