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Spain outperforms Europe by gender diversity in tech startups

It’s been clear for a while that Europe’s tech sector has a diversity problem. For example, Atomico’s State of European Tech showed that 93 percent of venture capital investment went to all-male startup founding teams, based on data provided by Dealroom. New data by Dealroom now reveals how the gender imbalance varies per industry.

This data includes all-female and mixed-gender founding teams.

Women are underrepresented almost everywhere, but relatively better represented in industries where the majority of buyers are women. The industries that have the longest way to go are predominantly B2B.

So far the aggregate statistics. Even more interesting are the female-led startups behind the data. And in reality, female-led companies can be found across all industries. Rising stars include Omni:us (helping insurance providers with AI), Einride (transportation system), Cluno (car subscription service).

Other leaders which have raised large amounts of capital incude Orchard Therapeutics (gene therapies), Starling Bank (mobile bank), Darktrace (cyber security), WorldRemit (money transfer business), Westwing (home & living shopping club), Symphogen (cancer treatments).

By country, Spain is in the lead when it comes to gender diversity of founding teams, new Dealroom data shows.

In Spain, examples of fast-gowing female-led startups include OnTruck (shipping marketplace), Topdoctors (directory of physicians and clinical centers in Spain) and Lingokids (educational games for children).

The Dealroom platform allows you to explore the underlying companies in more detail.

Explore the fastest growing female-led startups

4,500 startups & scaleups with all-female or mixed-gender founding teams.