Exactly one German unicorn is led by a woman

Lisa Marie Münster Lisa Marie Münster | 20.08.2021

The Berlin agency Spreefreunde took a look at the German unicorns and their share of women on the board of directors: It is 13 percent, exactly one German start-up with a valuation of more than one billion US dollars is led by a woman.

It's not surprising when once again a study shows: Women are still underrepresented in the German startup scene. According to Deutsche Startups, Germany has a total of 28 unicorns, but of all these startups valued at over one billion US dollars, only one is led by a woman: Petra von Strombeck has led the social network New Work, founded in 2003, since last year. This corresponds to a share of 3.5 percent.

The event agency Spreefreunde from Berlin pointed this out. The company has also examined the DAX-30 companies and the German unicorns for women at the C-level. Startups also fare poorly at the overall board level: Only 13 percent are female, which in numbers is 23 women alongside 154 men on the board. At the Dax-30 companies, however, the number is not much higher, at 18 percent.


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