Women underrepresented in start-up leadership roles and major funding rounds: Report
Australian female founders have only attracted $3 million in funding compared to their male counterparts who have raised an excess of $50 million, according to a survey of 63 VC-backed Australian startups.
The report, Australian Startup Salary Guide 2019/2020 from startup talent and growth firm Think & Grow and Amazon Web Services also showed women are also underrepresented in executive positions in Australian start-ups.
The research is based on the salary analysis of 1000 individuals working across 63 VC-backed Australian startups and provides insights into the salaries and composition of the Australian startup ecosystem.
While women may not be in executive roles, they account for the majority of low-level roles.
The report said women comprise 66 per cent of accounting roles, 55 per cent in customer service and 77 per cent in office manager roles.
Those startups surveyed who had raised between $10 million and $50 million, women were absent in roles including CFO, CTO/VP Engineering, VP/Head of Sales or Head of Operations.
Conversely, they held 75 per cent of senior marketing roles, 50 per cent of senior HR roles and 66 per cent of data scientist roles.
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