Enterprise Weekly #395: Closing The Gender Pay Gap, #Womenterprise Research, and More
This week, J. Thelander Consulting revealed that while the gender pay gap in PE and VC is shrinking overall, it widens as firms’ AUM and job title increase, in terms of both cash and carry.
Thinking through what this means, it’s likely most senior leaders (ie. those with the most influence) are still predominantly men, with women holding more junior rankings. This may be a sign that the gender diversity movement is still in its early days and/or that women are recognizing the disparity and leaving the field in search of better opportunities.
Either way, the gender disparity in firms reflects the gender disparity we see in funding for female-founded startups, where there’s only been marginal improvement in the last year. The solution?
Unfortunately, we know that these numbers are even worse when we talk specifically about female-founded enterprise startups (see our 2021 #Womenterprise Report for more data).
With so much more to do here, we’re kicking off research for our updated #Womenenterprise Report and we have one favor to ask our community:
🚨If you are or know any enterprise female founders, please send them our way so we can add then to our Women Founders of Enterprise Startups Database and keep our data as comprehensive as possible.🚨
📚 Read more news:
Business Insider: How Cost Cutting Could Impact Goldman Sachs's Massive Transformation Under CEO David Solomon
Financial Times: Market Downturn Sparks Longest US Tech IPO Drought in Over 20 Years
TechCrunch: Morgan Stanley to Pay $35M After Hard Drives with 15M Customers’ Personal Data Turn Up In Auction
WSJ: Automation & AI May Be Safe From Tech Budget Cuts, Says Databricks CEO
The Verge: Uber Blames Lapsus$ Hacking Group for Security Breach
Have a great weekend!
📚 More to follow:
Company: RippleMatch
Role: Director of Product
Technology: Enterprise Recruiting Software
Funding: $79.2M from Work-Bench, Invus Opportunities, G20, Accomplice, Bullpen Capital, AlleyCorp, Goldman Sachs Asset Management, and others
Looking for a new job? Send us your LinkedIn!
⭐ Company of the Week ⭐
Dopt raises $5.1M led by Unusual Ventures
Future of Work • Seed • Oakland, CA
Founders: Alon Bartur (CEO), Phil Vander Broek (CPO), Joe McKenney (CTO)
TrueFoundry raises $2.3M led by Surge
Infrastructure / Dev Tools • Seed • San Francisco, CA
DynamoFL raises $4.2M led by Y Combinator, Global Founders Capital and Basis Set
Data / AI / Machine Learning • Seed • San Francisco, CA
Andgo Systems raises $5.6M led by First Ascent Ventures and Waterline Ventures
Future of Work • Series A • Saskatoon, Canada
OneLayer raises $6.5M led by Koch Disruptive Technologies
Risk / Security • Series A • Tel Aviv, Israel
The Muse raises $8M led by MBM Capital
Future of Work • Venture • New York, NY
Motion raises $13M led by SignalFire
Collaboration / Productivity • Series A • San Francisco, CA
Remofirst raises $14.1M led by Mouro Capital and QED Investors
HR Tech • Seed • San Francisco, CA
Brightflow raises $15M led by Haymaker Ventures
Future of Work • Series A • San Francisco, CA
Codacy raises $15M led by Bright Pixel Capital
Infrastructure / Dev Tools • Series B • Lisbon, Portugal
Codi raises $16M led by Andreessen Horowitz
HR Tech • Series A • San Francisco, CA
Superb AI raises $16M led by Korea Development Bank and Premier Partners
Data / AI / Machine Learning • Series B • San Mateo, CA
Sequence raises $19M led by Andreessen Horowitz
Future of Work • Seed • London, UK
SecurityPal raises $21M led by Craft Ventures
Risk & Security • Series A • San Francisco, CA
Ledgy raises $22M led by NEA, Sequoia and Others
Future of Work • Series B • Zurich, Switzerland
Knoetic raises $36M led by EQT Ventures
HR Tech • Series B • New York, NY
Sievo raises $44M led by Susquehanna Growth Equity
Future of Work • Venture • Chicago, IL
DataGuard raises $61M led by Morgan Stanley Expansion Capital
Risk / Security • Series B • Munich, Germany
Deep Instinct raises $62.5M led by BlackRock
Risk / Security • Venture • New York, NY
Malwarebytes raises $100M led by Vector Capital
Risk / Security • Private Equity • Santa Clara, CA