Israel Has Few Women Tech Entrepreneurs and Even Fewer Get Funded
Extent of gender imbalance revealed in new data
Asaf Shalev | 16:24, 09.11.17
An analysis of data about Israel’s startups and their founders reveals the extent of the gender imbalance in the ranks of tech entrepreneurs, especially among funded startups. The data was supplied to Calcalist by Start-Up Nation Central (SNC), a Tel Aviv-based non-profit organization that manages a database of Israeli tech companies.
Only 10.5% out of the 4,247 founders listed in the SNC’s database whose startups were founded since 2014 are women. An even smaller proportion of women have been able to attract outside investment for their ventures. Of the 387 founders whose startups have raised more than just seed investments, only about 5% are women. Since 2014, 80 Israeli startup founders have reached the rarefied air of ventures that have gone public, gotten acquired, or raised Series B or C funding. None of them are women. The data also reveals which types of startups are more likely to be founded by women. There are relatively high number of women among founders of startups focused on health and education. But in the “Security and Safety Technologies” category, women make up only 15 of 445 founders, or 3.37%.