Women-led startups fuel $167 million for the health industry in 2023

By Ruth Olurounbi
Published 2 Min Read

Four women gather around an iPad, smiling; they are backlit by sunlight streaming through a window.
Adobe Stock

Funding for women-led health startups surged more than 2,000% last year, helping drive fund raising of $167 million for the industry, according to a report sponsored by the Bill and Melinda Gates Foundation and prepared by consulting firm Salient Advisory.

Companies founded solely by women received $52 million in funding, representing 31% of all funding dollars allocated last year, according to the report.

Ruth Olurounbi

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