Human just secured $10 mil in funding and it's kind of a big deal...
👉 Background: Human is a startup that aims to help doctors and patients access the best info about chronic neurological conditions...
👉 What happened: The startup has just secured $10 million in funding and aims to reduce the need to resort to Dr Google and find 10,456 illnesses for the sniffles (we all do it!).
👉 What else: This makes Human's seed round the largest ever by an all female founded startup in Australia.
💡While the number of female founded startups has come far, there's still a long way to go. The Female Founder Funding Report contains some pretty alarming stats about female founded startups in Oz.
💡 Just 4% of venture capital and private investment went to solely female-founded startups between 2017 and 2021. And female founded teams raised significantly less than male teams per round.
💡Thankfully, we're starting to see more female founded or led unicorns popping up in the US, like Bumble and ClassPass. But Australia has been slow to catch up.
Sign up for Flux and join 100,000 members of the Flux family