All female-founded companies only receive approximately 2% of VC funding in the UK. This has been attributed to several factors, including: lack of financial confidence, limited personal and professional networks, which reduce access and lack of female mentors or VC decision makers.

The gender funding gap can have impacts not only on the micro level and affect people’s day-to-day lives, but can also have significant macro impact,such as missed economic value, reduced innovation and increased inequality,

At Lexo we provide financial education which is designed to enhance confidence, ready-made communities and networks to connect with other founders to discuss the challenges faced by a founder, and mentorship.

We believe that by combining these factors we can work towards closing the gender funding gap.

Whilst our platform is geared towards the specific challenges faced by female founders, we also openly welcome anyone regardless of gender identity.

We’re always grateful to hear any improvements or changes that we could make to improve our tool. Please email us at support@lexo-app.com