Black and Latinx Women Founders Who Raised $1M More than Doubled Over Last 2 Years, Report Finds

The number of Black and Latinx women founders raising nine figures in the U.S. more than doubled over the last two years, but entrepreneurs who identify in these groups still receive less than 1% of all venture funding.

That’s according to a new data from the startup digitalundivided released this month via its latest ProjectDiane report. Released every two years since 2016, it seeks to put numbers behind the entrepreneurial experience of founders who are women of color.

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