The Representation of Female Leaders and Women Working in the European Tech Startup Ecosystem

Methodology & Metrics

Ranking Methodology

The ranking is a weighted average of the following factor scores:

  • Number of female founders: 35%
  • Percentage share of female founders: 5%
  • Total early-stage funding (number) of female founders from 2016 onwards: 20%
  • Percentage share of early-stage funding (number) of female founders from 2016 onwards: 10%
  • Exits for all female founders from 2016 onwards: 20%
  • Percentage share of exits (number) of female founders from 2016 onwards: 10%

Source: Crunchbase for insights into female founders and ranking, LinkedIn for the statistics on women in tech.

Metric Criteria

For ranking and funding-related statistics, the following methodology was used:

  • Number of tech startups founded in or after 2010.
  • Leaders in the context: Founder, CEO, Chief Executive Officer, Co-founder
  • Only primary organizations were considered. If an individual founded two startups, the count was considered as one. This is the same for funding and exits.
  • If a startup has two female founders, the count was considered for both founders. The same count was used for male founder statistics.
  • For early-stage funding, deal dates in and after 2016 were considered.

LinkedIn data is based on all members who work within the information technology and engineering function groups across all industries and their self-reported gender.