Session: Overcoming the Funding Gap: How women in tech can win funding battles
Obtaining funding is crucial for any business, but it can be incredibly challenging for women in the tech industry. According to a National Center for Women & Information Technology study, only 2.7% of venture capital funding goes to women-led startups. This funding gap can be frustrating and demoralizing, but it's important to remember that it's not insurmountable. With the right strategies and mindset, women in tech can overcome this challenge and win the battle for funding.
- Diversity in the tech industry has led to better decision-making, increased innovation, and higher financial performance. Companies with diverse leadership are more likely to succeed long-term, and investors are taking note.
- A study by McKinsey found that companies with higher diversity are 35% more likely to have financial returns above their respective national industry medians.
Hilda Mwangi is a chief financial officer (CFO) at HAZ Advisors. She leads the M&A, Tech, and Consumer group functions, working with numerous clients across multiple verticals.
Hilda brings a 20-year track record of financial leadership, fundraising, and accelerating growth in the corporate world, startups, and international organizations ready to scale. Her deep expertise in business planning, financial modeling, management, and long-term strategic planning has helped multiple clients fundraise and scale.
A veteran of private equity and investing, Hilda previously served as VP of Finance at Nester Inc, a Golden Gate Capital and GIC portfolio company. She was responsible for the company's financial management, including developing and implementing financial strategies, M&A activity, management of cash flow, and raising capital. Hilda joined Neustar Inc. in 2005.
Hilda received an executive MBA from Willamette University Business School and a Bachelor of Science in Finance from Eastern Oregon University.