50inTech is a company.
50inTech is a company.
50inTech has raised $2.0M across 1 funding round.
Key people at 50inTech.
50inTech has raised $2.0M in total across 1 funding round.
Key people at 50inTech.
50inTech has raised $2.0M in total across 1 funding round.
50inTech's investors include 83North, Alven, General Catalyst, La Famiglia, Serena Capital, Alexis Le-Quoc, Bastian Nominacher.
50inTech is a Paris-based startup founded in 2018 that builds tools and communities to promote gender diversity, equity, and inclusion (DEI) in the tech industry.[1][2][3] It connects women in tech with inclusive companies via a bias-reducing matching algorithm, offers career masterclasses, and provides SaaS products like GenderScore—a data-driven platform for tracking DEI metrics—and GenderHire, an inclusive sourcing tool integrated with applicant tracking systems (ATS) using data from 30,000 women's LinkedIn profiles.[1][2][3] Serving women professionals, tech companies, and DEI teams, 50inTech addresses underrepresentation (e.g., only 10% of tech startups founded by women) by enabling measurable improvements in hiring, retention, and team performance, with €1.5M ($1.6M) raised in a 2023 seed round from investors like Inco Investissements and Bpifrance.[1][3]
The company has raised $730K total earlier, achieving seed-stage growth with products focused on recruitment bias reduction and DEI KPIs, fostering an ecosystem of allies including entrepreneurs, investors, and journalists committed to parity.[1][3][4]
50inTech emerged in 2018 in Paris, France, as an online community uniting women in tech and allies to make digital sectors more equal through networking and resources.[1][4] Founders, including CEO Patricia Ramade (noted in coverage), responded to stark gender gaps—like just 3% of tech startups chaired by women—launching a beta platform at VivaTech 2019 backed by partners like AXA.[1][3][4] Early traction built on advocacy, evolving from a networking hub to tools like GenderHire for bias-free sourcing, then expanding to GenderScore amid DEI fatigue in tech firms lacking metrics.[3][4] Pivotal moments include a 2023 €1.5M seed raise, shifting focus to SaaS for measurable DEI impact.[3]
50inTech rides the DEI measurement trend, where tech firms face pressure to quantify diversity amid burnout in qualitative efforts, aligning with evidence that diverse teams outperform others.[3][4] Timing is key post-2023 funding, as regulations and investor scrutiny demand KPIs—e.g., only 9-10% female-founded tech/health startups—positioning it against market forces like talent shortages in engineering.[1][3][4] It influences the ecosystem by creating feedback loops for better policies, recruitment, and performance, potentially standardizing tools like InclusionScore to drive industry-wide parity.[3]
50inTech is poised to scale its SaaS pivot, iterating GenderScore into broader inclusion metrics while expanding beyond gender via data from more profiles and ATS partnerships.[3] Trends like AI-driven DEI auditing and EU mandates will accelerate adoption, evolving its influence from community builder to essential analytics provider for tech HR. As it proves diverse teams' ROI, expect deeper enterprise penetration, tying back to its core mission of turning parity from ideal to measurable reality.[2][3]
50inTech has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in October 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2023 | $2.0M Seed | 83North, Alven, General Catalyst, La Famiglia, Serena Capital, Alexis Le-Quoc, Bastian Nominacher |
