Total VC funding raised by Black and Latina female founders in the U.S. 2018-2019

In the United States, Latinx women-founded companies raised a higher volume of venture capital funds than Black women-founded companies from 2018 to 2019. During this time period, companies founded by Latinx women raised 1.03 billion U.S. dollars, while companies founded by Black women raised only 700 million U.S. dollars, around 30 percent less.

Overall, Latinx women-led companies were able to raise more VC funding than Black women-led companies from 2018 and 2019. This aligns with the fact that in 2018, more Latinx women than Black women were able to raise over one million U.S. dollars in venture funding. However, this changed in 2020, when more Black women than Latinx women raised over one million U.S. dollars in funding.