Tampa Bay is holding its own when it comes to female-led startups getting funding in the state.
The region raised $512 million across 153 deals through November of this year, according to Pitchbook's "All In: Female Founders in the U.S. VC Ecosystem" report. The state as a whole garnered $3.8 billion invested across 799 deals.
While the numbers are strong, there still is a slowdown in funding female-led startups in general. In 2021, 2.4% of the total available funds went to startups led solely by women.
The San Francisco area took the top spot for female-led teams winning funding, with $62 billion spread across 5,309 deals.
Miami had the most funding in the Sunshine State, with $2.5 billion across 439 deals. Orlando rounded out the top three in Florida with $295 million across 63 deals. Tampa's neighboring Sarasota region had $51 million invested across 13 deals.
Here's more on Tampa Bay's tech scene below:
Of the $512 million invested:
- $100 million was given to solely female-owned startups across 40 deals
- $412 million was given to startups that had both female and male owners across 113 deals
- $81 million across 27 deals came from early VC funding
- $139 million across 79 deals came from angel/seed funding
- $296 million across 46 deals came from later VC funding
Tampa Bay industry breakdown
- Software: $252 million across 64 deals
- Health care services and systems: $98 million across 31 deals
- Pharma and bio: $79 million across 15 deals
- B2B services: $30 million across 11 deals
- Other: $45 million across 20 deals
Across the nation
- New York had the second-highest amount of female-led startups receiving funding, with $35 billion spread across 4,894 deals
- Los Angeles followed, with $16.9 billion across 2,482 deals
- Boston, San Jose and Seattle-based companies rounded out the top five spots
- Software startups received the most funding across the nation, garnering $19.3 billion in San Francisco alone