The Wall Street Journal Shares How Hugh & Grace and Other Startups With Women Founders Struggle to Boost Funding In Venture Capital

Regina Gwynn, co-founder of Black Women Talk Tech, which seeks to improve funding for Black female entrepreneurs.

PHOTO: BLACK WOMEN TALK TECH

Some progress has been made at young companies, but a surge of giant late-stage funding deals largely left female entrepreneurs on the sidelines

Sara Jensen believes venture capitalists want to back female entrepreneurs. That’s why, when it came time for the startup she launched with her husband to raise seed-stage funding, she took charge of reaching out to investors.

“I’ve seen people respond to me and wanting to support a female co-founded business,” said Ms. Jensen, co-chief executive of skin-care brand Hugh & Grace, which secured a funding round led by women-focused XFactor Ventures in September.

Published on October 12, 2020 by Yuliya Chernova. Read the original article here.