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Expand chart
Icons by Gan Khoon Lay via the Noun Project; Chart: Lazaro Gamio / Axios

Over 91% of decision-makers at U.S. venture capital firms are men, according to a new Axios analysis.

The upside: The nearly 9% mark for women is an increase from 7% at this time in 2017 and from 5.7% in 2016.

The downside: It's still single-digit territory, despite a year of heavy emphasis on the venture industry's gender imbalance.

The methodology: PitchBook provided a list of all U.S.-based VC firms that had raised at least one fund of at least $100 million between 2013 and 2017. We then examined the firms' websites to determine the decision-making level of investment management, sometimes using supplemental information like SEC filings. We excluded administrative staffers (COO, CFO, IR, marketing, etc.). In short, we were looking for people who can write checks.

Specific numbers: We found 91 of 1,015 decision-makers at 232 U.S.-based VC firms were were women, compared to 72 out of 1,019 last year at 227 firms. Remember that the sample changes a bit, due to a different 5-year fundraising period.

Go deeper

49 mins ago - World

Tunisian president ousts prime minister, suspends parliament amid unrest

Tunisians stage a protest in response to the problems in the health sector in the country, demanding the resignation of the government and the dissolution of the parliament in Tunis on July 25. Photo: Yassine Gaidi/Anadolu Agency via Getty Images

Tunisian President Kais Saied announced Sunday that he had dismissed the country's prime minister and frozen the parliament amidst mass protests in the country, Reuters reports.

Why it matters: The move, which comes on the 64th anniversary of Tunisia's independence, escalates Saied's longstanding feud with Prime Minister Hichem Mechichi and poses a challenge to the 2014 constitution that "split powers between president, prime minister and parliament," per Reuters.

Updated 4 hours ago - Politics & Policy

Pelosi appoints GOP Rep. Kinzinger to Jan. 6 committee

House Speaker Nancy Pelosi (D-Calif.) announced Sunday that she has appointed Rep. Adam Kinzinger (R-Ill.) to serve on the House select committee investigating the Jan 6. Capitol riot.

Why it matters: Pelosi's announcement comes after she rejected two of the five Republican appointments offered by House Minority Leader Kevin McCarthy (R-Calif.).

USCP chief: Officers testifying before Jan. 6 committee "need to be heard"

Thomas Manger, the new chief of the U.S. Capitol Police, Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

New Capitol Police chief Tom Manger said officers testifying before the Jan. 6 select committee this week "need to be heard."

Driving the news: The select committee's first hearing is set to take place on Tuesday and will feature testimony from law enforcement officers who were subject to some of the worst of violence during the insurrection.

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