12/19/2023 0 Comments Folx health founderDaylight is designed to reward queer folks for spending in line with their values, whether that’s through providing financial education or helping the queer community while using your card. banking platform specifically catered to and created by the LGBTQ+ community. Here are seven startups uplifting the LGBTQ+ community.ĭaylight is a U.S. Even so, queer founders and diversity-focused venture capital funds are making significant strides for the benefit of the LGBTQ+ community. The message is clear: Being openly queer in the startup space still presents difficulties, despite an apparent increase in diversity and inclusion efforts. StartOut, a nonprofit established for LGBTQ+ entrepreneurs, reports that 37% of queer founders chose to remained closeted, 12% of whom say their decision was dictated by their concerns over hurting their startups’ fundraising chances. startups led by underrepresented founders. That number comes from Backstage Capital, a fund that invests in U.S. Less than 10% of all venture capital deals go to women, people of color and LGBTQ+ founders. While some progress has been made, much of the conversation is still rooted in catering to optics as opposed to learning and evolving based on hard data. In recent years, tech startups have begun to realize the importance of prioritizing the importance of diversity and inclusion in both individual hiring efforts and industry-wide representation.
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