TLDR:
Female leaders in women’s health have seen positive trends in the first half of 2024, with an increase in funding, average deal sizes, and $50M+ fundraising rounds. However, male CEOs and founders still have an advantage in raising capital. Overall, women’s health companies have received more VC funding compared to previous years, indicating potential for a record year. Despite the disparities, any investment in women’s health is crucial to bring about much-needed change and innovation in the space.
Article Summary:
The first half of 2024 has brought positive momentum to women’s health, with significant investments and support from political figures such as President Biden and Vice President Harris. However, this article focuses on fundraising data for women’s health companies in the first half of the year, comparing it to previous years to analyze investment trends.
Key points highlighted in the article include:
- Women’s health companies received a total of $679.48M in VC funding in 1H 2024, a record high at midyear.
- The average deal size for women’s health companies was $12.58M, the highest in the past five years.
- Male founders and CEOs still outpace female founders and CEOs in raising capital, despite a brief trend reversal in 2023.
- Total VC dollars raised by women’s health companies are trending upwards, with a larger percentage going to $50M+ fundraising rounds.
- Women’s health companies received about 2.5% of VC funding in 1H 2024, slightly above average for the past few years.
- Overall, while there are positive trends in investments, disparities between male and female leaders in fundraising persist in the women’s health sector.
