Data: PitchBook; Note: Includes female founded and co-founded companies; Chart: Axios Visuals
The decline in venture funding for U.S. female-founded startups has stabilized, but remains far below its 2021 peak and is increasingly concentrated in a few sectors and companies, per PitchBook.
The big picture: While the number of deals going to female-led companies has slipped, capital allocation has started shifting to later stages.