IDC European Woman in Venture Capital

EUROPEAN WOMEN IN VC IDC #EUR148997722 © IDC 2022 30 THE VC ECOSYSTEM & DIVERSITY — More Influence is exerted on the portfolio companies 02 Q: Having a Diversity & Inclusion strategy influences our investment decision/ inclusion strategy. Q: We ask our portfolio companies to monitor and report progress made in their diversity & inclusion strategy. Source: IDC Websurvey European Women in VC; n=117 VCs AuM >€25M • The fact that startups requesting funding have a diversity & inclusion strategy does influence the investment decision for 65% of the VCs. • 2/3 of VCs ask their portfolio companies to track & monitor progress made, leaving 1/3 of VCs not tracking any progress. • Though 65% of VCs indicate that having a diversity & inclusion strategy influences their investment decision, this is not reflected in actual investments in female- or mixed-gender-led startup teams, who still do not represent more than 11% of total VC investments. 35% 33% 65% 67% YES NO