It is widely known in the global tech industry that female entrepreneurs are facing a massive challenge in raising funds from venture capital firm — so much that Vivoom co-founder and CEO Katherine Hays said that if she were a “21-year-old male in a hoodie,” her company would be “even more appealing” to potential investors.
But the case seems to be different with seed crowdfunding, according to a new report released by PwC and The Crowdfunding Centre.
Called Women Unbound: Unleashing female entrepreneurial potential, the report finds that while men clearly use seed crowdfunding more than women, women are more successful at crowdfunding than men.