What The VC Landscape Is Really Like For Latin America’s Female Founders

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'Only .4 percent of the $400 billion in venture capital funding deployed between 2009 and 2017 went to Latin American women.'

. As recently as 2018, Chile’s “sociedad conyugal” marriage law still prohibited women from managing joint financial accounts—up to 50 percent of Chileans are currently married under this law. Similar laws have restricted women’s access to credit, capital, and even education across Latin America until the recent past.of partners at the top 100 venture capital firms globally are female.

The Latin American Venture Capital Association identifiedI spoke with six female founders from Latin America who are building companies in the region to learn what it’s like raising capital as a woman in 2019. Collectively, these women have raised over $10 million from investors in the U.S., Mexico, Chile, and Colombia over the past two years and lead startups in industries such as edtech, fintech, security, insurance tech, and biotechnology.

Source: News Formal (newsformal.com)

 

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