Only a Fraction of U.S. IPOs Have Female Founders


This post is by Carmen Ang from Visual Capitalist


women-led IPOs

The Briefing

  • Over the last decade, over 2,000 companies have gone public in the U.S.—but only a fraction of these companies have been female-led
  • Since 2013, only 18 women have founded and led a company through to an initial public offering (IPO) in the United States

Only a Fraction of U.S. IPOs Have Female Founders

Last month, Bumble’s founder and CEO Whitney Wolfe Herd became the youngest female CEO to take a company public in America.

Herd’s achievement generated a lot of buzz, and for good reason—since 2013, fewer than 1% of U.S. companies to go public have been female-led. In other words, Herde has hit a milestone that only about 18 other women in the U.S. have achieved in the last decade.

Using data from Insider, this graphic looks at the number of female-led IPOs in America since 2013.

A Decade of U.S. IPOs

In 2020, four women took their companies public. While that’s double the amount in 2019, it’s still only a drop in the bucket compared to the hundreds of companies that went public with male founders last year.

YearAll Companies that went PublicCompanies with a Female Founder / CEO
20132462
20143092
20151962
20161253
20172171
20182592
20192412
20204424

Interestingly, three of the four companies in 2020 were in the biotech and pharmaceutical industries:

  • Annovis Bio Inc (ANVS), founded by Maria L. Maccecchini, develops drugs for neurodegeneration diseases like (Read more...)