This year, Carta's Annual Equity Report provides a comprehensive analysis of how equity and opportunities in the U.S. venture ecosystem are distributed by race, ethnicity, and gender. Drawing from anonymized data from tens of thousands of startups and over 1.5 million employees, the report uncovers both progress and persistent disparities across the entrepreneurial landscape.
Key Findings:
-
Startup Employees:
- In 2024, 33% of new hires came from non-white backgrounds, ending a three-year decline in racial diversity among startup hires
- Men continue to dominate new hires across all racial and ethnic groups, receiving a disproportionately larger share of issued equity


What's Next?
While some areas have seen measurable progress, the report highlights ongoing inequities in hiring, funding, and equity distribution, especially for women and underrepresented groups in leadership roles.
Curious to learn more?
Dive into the full report for detailed data and analysis, and join the conversation about shaping a more equitable future for startups.
Read the Full Report →
Share your thoughts! How can we foster greater diversity in the venture ecosystem? Let us know what you think in the comments.
------------------------------
Brent Devey
------------------------------