Female-founded Wedo Smashes Glass Ceiling With $3 Million Raised – Wedo AI | Your All In One Business Tool

Female-founded Wedo Smashes Glass Ceiling With $3 Million Raised

Mar 21, 2022 | FinTech, News: Articles, Tech

Glass Ceiling smashed
Female founder Indiana Gregg has broken through the barriers hindering women from success in the traditionally male startup world.

Wedo is proud to announce the successful closing of its first $2.3 million of seed round. This brings total investment raised by the female-founded freelancer startup to $3 million. Wedo is an American and European communication and financial platform. It aims to help people take charge of and monetize their online business.

The startup world’s persistent glass ceiling

According to PitchBook, startups with all-male founders raised around 75 percent of all rounds in the last three years. This number highlights the barriers female founders still face in the startup world. The pandemic has only exacerbated these challenges. VC funding to female founding teams dropped from 3.4 percent to 2.4 percent over the past year.

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