Women Represent Only 23% of Leadership in Startups
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Women Represent Only 23% of Leadership in Startups

Rafaella Vieira
3 min
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Overview of this edition:

Diversity in Focus: New data on diversity among Brazilian startup founders

⏩ Did you see this?

Check out the rounds of the week

🇧🇷 Brazil

Monuv, a startup specializing in AI-driven video analysis and management for security threat detection, raised USD$453K from Indicator Capital and Invest Tech. This brings Monuv’s total funding to USD$1.9M in this round

IDGeo, an AgriTech specializing in AI solutions for monitoring and managing agricultural areas, secured USD$1M from Banco do Brasil's CVC

Bready, a FoodTech that developed a solution for creating super breads, raised USD$104K from EqSeed

🇲🇽 🇨🇱 LatAm

Digitt, a Mexican FinTech, raised USD$50M in a debt round from CoVenture Management

Splight, a Chilean startup using AI and data science to optimize operations in the renewable energy sector, secured USD$12M

⏩ Entrepreneurial Map 2024

Profile of startup founders in Brazil: women represent only 23% of leadership roles

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A new study reveals valuable insights into the profile of startup founders in Brazil, highlighting issues of gender, racial identity, geographic location, education, and AI usage. The “Entrepreneurial Map: Who Are the Startup Founders in Brazil?” study was developed by Startup Copilot, the innovation arm of Sling Hub, a LatAm innovation data platform, in partnership with market leaders.

The study provides a comprehensive overview of startup founders in Brazil, emphasizing the importance of diversity, educational qualification, and technological innovation for the development of the entrepreneurial ecosystem.

👩‍🧔‍♂️Gender and Age Range

Leadership in Brazilian startups is still predominantly male, with men occupying 76% of leadership positions, while women represent 23%. The most representative age group is 35-39 years (23%), followed by 30-34 years (19%). Only 5% of founders are over 60 years old. Among women, 67% are under 49 years old, with 11% being 50 years or older. For men, 75% are under 49 years old and 25% are 50 years or older.

🏳️‍🌈 Racial Identity, PCD and LGBTQIAPN+

Among respondents, 73% identify as white, 18% as mixed race, 5% as black, and 3% as Asian. No professionals identified as indigenous. 3% of respondents are PWD (People with Disabilities), while 9% identified as part of the LGBTQIAPN+ community.

Camila Farani, a leader in diversity, highlights: 

"Diversity and inclusion are essential pillars for creating a more equal and just world. As a black and bisexual woman in a leadership position, I see daily how diversity makes everything more creative and innovative."

Download the report for free and stay informed about other data on startup leadership. The study revealed information about Geographic Region, Education, Startup Experience, Salary, and the use of Artificial Intelligence.

Download the report here

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