Chicago VCs still prioritizing diversity after a tumultuous year. Here's why.

By Alex Zorn - Staff Reporter

June 14, 2023, 02:08pm CDT

For the first time, the majority of employees at first-time VC funds in Chicago — 50.75% — are women.

That's according to the 2022 VC diversity report released by Chicago:Blend on Wednesday that shows that when it comes to female representation, the newer funds are the ones leading the charge.

"What that's telling us is that more people are launching their own funds in a way that is different, in a way that is more inclusive, that is bringing more underrepresented folks off the sidelines," Chicago:Blend CEO Joey Mak told Chicago Inno.

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Chicago:Blend