More than $1.5 trillion was invested in global VC deals from 2010 to 2019, according to Crunchbase, a business information website. According to VC firm Backstage Capital, less than 1% of U.S. deals favor LGBT+ founders. In 2020, 2.3% of funding went to women-led startups; in 2019, it was 2.8%, Crunchbase figures show.
Here is a list of several investment firms that support the LGBTQA+ entrepreneurial community
LGBT Capital is principally focussed on the LGBT Consumer segment as a credible investment sector and demonstrates the business case for advancements in LGBT equality and inclusion globally.
Backstage Capital has invested in more than 170 companies led by underrepresented founders. They understand that less than 10% of all venture capital deals go to Women, People of Color, and LGBT founders. Other VCs see this as a pipeline problem. They see it as the most significant opportunity in investment.
Wells Fargo‘s commitment to the LGBTQ community dates back to 1987 when they added sexual orientation to their nondiscrimination policy. Since then, Wells Fargo has become one of the most visible companies in the community through diverse initiatives.
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