In the first year of the initiative we put a strong emphasis on increasing the number of Female Founders applying and ultimately, graduating from the Founder Institute. At the end of 2016, 19% of our graduate companies were founded by women.
After the first year of the initiative, we saw the Female Founder graduation rate increase by 50% Year-over-Year from 2016 to 2017.
We have reached 34.6% female founders in the graduating classes across our top 3 markets: United States, Canada, and Brazil.
Founder Institute hosts a pre-seed accelerator program in 180+ cities and 65+ countries. In 2018, 10+ cities had a greater than 50% female founder graduation ratio.