Trans founders to VCs: ‘Cut me a check’

There is no data to show how little venture funding goes to trans founders.
All that exists is a report from Backstage Capital saying 1% of all venture funds went to founders openly identifying as LGBTQ+. (According to a recent Gallup poll, 7.1% of Americans identify as LGBT+.)
That’s a staggeringly low amount of funding, although not surprising when considering how homophobia and transphobia could easily slip in and prevent investors from giving money to those they don’t support or understand.


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