That single-digit number might not sound like a great start for female founders working to close the gender gap in VC, but it is. Why? Because in 2018, roughly 11% of the total unicorns involved female founders, and as we wrap up the first quarter of 2019, that share has more than doubled to 27%.
This month saw two businesses founded solely by women become the latest unicorns on the block: Glossier reached billion-dollar status on March 19, and two days later, Rent the Runway followed. And as more female-led companies secure significant investments, the future is looking bright.
As Women's History Month draws to a close, we're highlighting several women who helped build unicorns in different sectors across the US and the companies they created.