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Funding for female founders remained consistent in 2023

This is the lowest percentage of venture capital allocated to such teams since 2016, when they picked up 1.6% of all venture funds.

New York City takes the top spot for where women receive the most deals, followed by San Francisco and Los Angeles. “While it has been a large market for a while, it is beginning to close the gap with the Bay Area in terms of investment count activity,” Stanford said. “New York has become a great market for founders of all types, and right now that is showing through its high VC levels in female-founded companies.”

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