Women in Venture: Changing the Face of Early-Stage Funders
Funding is a challenge for all early-stage companies. But, it is especially difficult for female founders.
Men receive 9x more financing for their companies than women, according to the National Women’s Business Council’s Access to Capital by High Growth Women-Owned Businesses report.
Canada has taken a strong leadership role in championing the next generation of women founders, yet statistics like the one above highlight that access to capital remains a major barrier for women interested in launching and scaling successful businesses.
Angel investors and venture capitalists play a critical role in driving change for the next generation of entrepreneurs, and for Canada. They are the most significant source of risk capital for startup and early-stage businesses across the country, bringing not only finance (combined 2017 investment of $901.6M), but vital business experience and expertise that enable businesses to achieve their high growth potential.
Yet the proportion of female founders to the total number of female investors remains extremely low. Without representation on both sides of the table – among both entrepreneurs and early-stage funders – we won't see real change.
In partnership with Female Funders, we’re happy to be releasing the Women in Venture report at Startupfest 2018. This report represents the beginning of a project that we’ve undertaken to understand one important piece of the puzzle: who is on the other side of the table?
“Throughout my work at both Female Funders and Highline BETA, I often find myself on panels or in private conversations where I am given the opportunity to champion women investors in our ecosystem.
Until now, when asked about the gender makeup of investors in Canada, I and my colleagues in venture have been forced to rely on data that is outdated, incomplete, or US-centric.
If Canada’s venture ecosystem is going to drive change, first we need to know where we stand.”
Lauren Robinson
Executive Director, Female Funders
General Partner, Highline BETA
We agree with Lauren. If Canada’s early-stage ecosystem is going to drive change for all entrepreneurs, we first need to know where we stand so we can develop strategies to help them grow.

Laura Curk is the Director of Marketing at Hockeystick, responsible for managing its marketing strategy, amplifying the company’s voice and other communication initiatives from concept to execution. As a seasoned marketing and communications specialist, she has spent years creating fresh and innovative communications strategies for a variety of organizations, from tech startups to large institutions, and has held numerous leadership positions in the startup and academic sectors. Laura obtained her BA at Wilfrid Laurier University and often describes her work at Hockeystick as an MBA in itself. When she isn’t working, Laura leads a very active lifestyle with her husband; they can often be found running, biking, sailing or skiing around the world.
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