The vast majority of tech startup founders and investors who identify as LGBTQ+ in the UK hide their identity from industry peers, according to a new survey.
The number of investors who conceal their gender identity and/or sexual orientation was only slightly higher than the number of founders who do so, at a rate of 80% to 75%, respectively.
The data report, which was released on 7 February by Proud Ventures, a UK collective of LGBTQ+ investors and venture capitalists, also highlighted that not enough action is being taken to make sure queer founders feel supported.
Women, lesbians and gender minorities more generally were found to face steeper barriers to progressing than cisgendered gay men.