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Evening Standard
Evening Standard
Business
Simon Hunt

Spotlight on diversity in tech as report finds most LGBTQ+ founders and investors hide their gender or sexuality

(Jonathan Brady/PA)

(Picture: PA Archive)

Fresh questions over a lack of diversity in the tech sector emerged today after a report found 75% of LGBTQ+ founders and nearly 80% of investors withhold their identity from their peers in the ecosystem, potentially resulting in worse health conditions and lower cognitive performance.

Just ⅓ of investors who said they were taking action to support ‘diverse’ founders were doing anything to support LGBTQ+ founders, a report by Proud Ventures found, while some founders shared shocking examples of direct queerphobia and discrimination they faced as part of their fundraising process.

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