Female-founded Wedo Smashes Glass Ceiling With $3 Million Raised
Wedo is proud to announce the successful closing of its first $2.3 million of seed round. This brings total investment raised by the female-founded freelancer startup to $3 million. Wedo is an American and European communication and financial platform. It aims to help people take charge of and monetize their online business.
The startup world’s persistent glass ceiling
According to PitchBook, startups with all-male founders raised around 75 percent of all rounds in the last three years. This number highlights the barriers female founders still face in the startup world. The pandemic has only exacerbated these challenges. VC funding to female founding teams dropped from 3.4 percent to 2.4 percent over the past year.
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