In 2021, there were an estimated 12.5 million women-owned businesses in the US, generating nearly $1.8 trillion in revenue and employing over 9.4 million people. This results in an estimated $3.1 trillion economic impact.
Women start an average of 1,817 new businesses per day in the US, which is an increase of 58% compared to the number of new businesses started by women in 2019.
The number of women-owned businesses has grown by 58% since 2014, which is 1.5 times the national average.
Women-owned businesses make up 42% of all businesses in the US.
Women-owned businesses receive only 2% of venture capital funding, despite representing 42% of all businesses in the US.
For every dollar of funding, startups founded or co-founded by women generated 78 cents in revenue, while male-founded startups generated only 31 cents in revenue.
According to a report by the National Association of Women Business Owners (NAWBO),
women-owned businesses created more than 1.8 million jobs between 2007 and 2018.