IDC European Woman in Venture Capital

EUROPEAN WOMEN IN VC IDC #EUR148997722 © IDC 2022 103 UNITED KINGDOM Source: IDC Research European Women in VC; n=303 VCs AuM >€25M, n=822 GP’s Source: Dealroom Startup Data Work — 4.5 stars Money — 2.5 stars Knowledge — 4.5 stars Time — 3.5 stars Power — 3.5 stars Note that UK macro economic numbers have not been adjusted for 2021, since they are no longer part of the EU. In general, though, the UK scores above average when it comes to gender equality. High scores in work and knowledge are mainly due to the high level of segregation in employment as well as in education. GP Balance — United Kingdom Firepower Male 90% Female 10% 95% 5% Diversity from a Funding Perspective • Diversity from a Funding Perspective • The gender funding balance in the UK is above the European average. There have been improvements in the work indicator. Particularly the FTE rate has risen for both women and men, narrowing the gap as well as in the Power indicator, where the share of women on boards of the largest companies has increased. • As a leading country in Europe, the UK does a lot to promote gender diversity. The BVCA (British Venture Capital Association) together with numerous others aims to turn the situation around. A selection of initiatives: • According to a recent survey from the British Venture Capital Association , out of the 52 investment firms surveyed with less than £100M assets under management (AUM), 25% still have all-male investment teams. Although this figure has improved over the years, there is still room to improve equality in funding. • Diversity VC: Driving Diversity, Equity and Inclusion in Venture Capital. Diversity VC works with entrepreneurs, investors and universities in order to create an industry that is free from bias. It does so through 4 pillars: • The Standard — which is a benchmark for Diversity, Equity & Inclusion best practices in VC • Pathways — focuses on internships and career development for underrepresented candidates. • Resources — industry reports, insights, and guidance • Community — A diverse learning network of VC professionals The Diversity standard, a third-party certification of a VCs’ recruitment, culture, dealflow, and portfolio guidance policies compared to DEI best practices. is unique in the industry and helps VCs to achieve their DEI goals.