This year's honorees include Sheila Lirio Marcelo, founder of Care.com; Babba Rivera, founder of Ceremonia; and Arian Simone, founder of Fearless Fund who all are leaders who have demonstrated resilience and innovation, and collectively generated over $9 billion in revenue in 2024.
The selection process for the Female Founders 500 involved evaluating both quantitative metrics, such as revenue growth and funding, and qualitative factors like social media influence and community impact. Notably, this year's list reflects a trend of fewer companies featuring celebrity co-founders, highlighting the prominence of founders who have built their brands independently. The honorees exemplify the strength and adaptability of women entrepreneurs in today's business landscape.
WIE Suite members who made the list include:
And a number of WIE Suite Woman, including Anu Duggal, Sheila Lirio Marcelo, and Kate Ryder. Congratulations to all!
Collectively, these 500 honorees generated approximately $9 billion in revenue for 2024 and secured $10.6 billion in funding - a testament to their significant economic impact. The number of women-owned businesses, between 2019 and 2023, increased at nearly double the rate of those owned by men; and from 2022 to 2023, the rate of growth increased to 4.5 times.
