In venture capital, we know there is a problem with gender diversity. According to Crunchbase, just 2.8% of funding went to women-led startups in 2019 before falling to 2.3% in 2020. And that 2.8% figure was an all-time high.
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iSelect hosts a Deep Dive webinar on a novel innovation topic on the first and third Wednesdays of each month at 9 a.m. central. Our most recent session focused on how many food producers are now using digital technology to stay ahead of the curve and bring innovative new products to market faster than ever before. We spoke with iSelect venture associate, David Yocom, about what this all means for the foods we eat and the companies that make it all.
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Healthcare is massive economic burden in this country. According to the National Health Expenditure Accounts, the federal agency that has tracked healthcare spending in the U.S. since the 1960s, it now totals roughly $3.5 trillion per year, or more than $10,000 per person. As a percentage of GDP, health spending accounts for nearly 18%.
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The world of venture capital is growing fast. In fact, 2018 was the biggest year for venture capital investments on record, with firms spreading approximately $131 billion across 8,949 deals, according to data published by PitchBook and the National Venture Capital Association. Although the total spent was much more than the previous year’s $83 billion, the number of deals fell by 5%, down from 9,400 the previous year.
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