A new study by Sista and the Boston Consulting Group shows that women are very little present in national digital start-ups.
A year ago, French Tech made a commitment to equality between men and women. The observation is simple: today there are still too few women working in the tech sectors. It is clear that even if some are trying to improve parity within their workforce, others seem, on the contrary, very far from these concerns.
20% of start-ups, a minority
For several years, many digital companies have implemented a number of actions to improve parity. But things are progressing very, very slowly, as revealed by this barometer established by the Sista collective and the Boston Consulting Group.
We cannot say the opposite: in terms of parity, France is lagging behind. Indeed, in 2022, only 20% of start-ups created in France had at least one woman among their founders. A low figure, and also below the European average, the latter being 22%. But that’s not the most worrying thing.
Projects led by women are underfunded
The levels are indeed even lower in terms of investments. Start-ups made up entirely of women represent only 7% of fundraising, and worse, barely 2% of investments. When we compare these companies to those made up exclusively of men, we can observe that so-called “female” start-ups attract on average 4 times less funding than their male counterparts.
Finally, they rarely have access to major financial transactions. Last year, they were only two to have raised funds of more than 50 million euros, while there were 214 among men. Why such differences? For Leila Hamidou, associate director at Boston Consulting Group, the answer lies in the composition of companies at the head of investments where men are more represented. The latter tend to fund mostly male businesses. Should we therefore first ask for parity in finance?
Source : France Info
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