During the COVID-19 pandemic in 2020, female founders around the world were surveyed in an attempt to gain insight regarding the unique struggles they have faced. These founders reported on their biggest challenges, and whether or not they were currently engaged in fundraising. The biggest reported challenge was customer acquisition, and this was true for founders who were engaged in fundraising as well as those who were not. Only **** percent of founders who were engaged in fundraising struggled with finding product-market fit, while **** percent of founders who were not engaged in fundraising struggled with the same issue.
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500 Startups. (May 7, 2020). Leading challenges faced by female startup founders during the coronavirus (COVID-19) pandemic globally in 2020, by fundraising status [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 23, 2026, from /statistics/1206479/female-founders-challenges-during-pandemic/
500 Startups. "Leading challenges faced by female startup founders during the coronavirus (COVID-19) pandemic globally in 2020, by fundraising status." Chart. May 7, 2020. ÌÇÐÄÆÆ½â°æ. Accessed July 23, 2026. /statistics/1206479/female-founders-challenges-during-pandemic/
500 Startups. (2020). Leading challenges faced by female startup founders during the coronavirus (COVID-19) pandemic globally in 2020, by fundraising status. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 23, 2026. /statistics/1206479/female-founders-challenges-during-pandemic/
500 Startups. "Leading Challenges Faced by Female Startup Founders during The Coronavirus (Covid-19) Pandemic Globally in 2020, by Fundraising Status." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 7 May 2020, /statistics/1206479/female-founders-challenges-during-pandemic/
500 Startups, Leading challenges faced by female startup founders during the coronavirus (COVID-19) pandemic globally in 2020, by fundraising status ÌÇÐÄÆÆ½â°æ, /statistics/1206479/female-founders-challenges-during-pandemic/ (last visited July 23, 2026)
Leading challenges faced by female startup founders during the coronavirus (COVID-19) pandemic globally in 2020, by fundraising status [Graph], 500 Startups, May 7, 2020. [Online]. Available: /statistics/1206479/female-founders-challenges-during-pandemic/