IDC European Woman in Venture Capital

EUROPEAN WOMEN IN VC IDC #EUR148997722 © IDC 2022 80 POLAND Source: IDC Research European Women in VC; n=303 VCs AuM >€25M, n=822 GP’s Work — 2 stars Money — 2 stars Knowledge — 2 stars Time — 2 stars Power — 1 star Women in Poland have a relatively weak starting position when it comes to gender equality in all its aspects. Though in all areas there is room for improvement. Poland lacks role models in particular with almost no females in leading positions. GP Balance — Poland Poland Firepower Male 100% Female 0% 100% 0% Diversity from a Funding Perspective • Poland, with one of the largest economies of the CEE, has a low balance of female GPs and as such also limited access to funding for women. There are female led VCs, like Black Swan or Experior. However, these do not have funds >€25M. The funds in Poland with > €25M AuM do not have female GPs. Overall, the country is not well positioned when it comes to gender equality in general, especially ranking low in the area of power. There are limited government driven initiatives to improve the situation. However, there are commercial initiatives.  • European Women in VC (also the initiator of this study) is a community of women investors (managing partners and founders of VC funds and business angels). It was originally a joint initiative of women from CEE countries with the mission to strengthen women’s presence in the VC industry in Europe and recognise the role of women in the VC world.  Startup Perspective • As technology plays a crucial role in the development of the startup and VC scene, Poland is an active member of initiatives focusing on shaping the tech workforce such as Girls in Tech or Coding-girls or Geek Girls Carrots. One of the main events focusing on women in technology is Perspektywy Women in Tech annual conference.  • In 2021 PSIK (Polish VC and PE Association) together with a local chapter of Level 20 proposed steps aiming at increasing the number of women in PE, for example launching a mentoring program to help retain and develop high-potential women in the industry.  • From an entrepreneurial point of view, there is a limited set of (co) female led startups. The notable ones are Tylko, Mindgram, Yosh, CashDirector and Nevomo. #of startups from >=2010 that that received funding Source: Dealroom Startup Data Male Female Mix 2017 2018 2019 2020 2021 83 % 10 % 7 % 87 % 86 % 85 % 82 % 6 % 6 % 5 % 7 % 11 % 7 % 8 % 10 %