Despite the disparity in funding, start-ups founded or co-founded by women generate 10 per cent more in cumulative revenue over a five-year period.
According to the report, for every dollar of funding, women-led start-ups generated 78 cents, while male-founded start-ups generated less than half of that - just 31 cents.
"Businesses founded by women ultimately deliver higher revenue - more than twice as much per dollar invested - than those founded by men, making women-owned companies better investments for financial markets," the report said.
"...the disparity in funding is not due to qualitative differences in pitches or underlying businesses. Our results strongly suggest that gender plays a significant role," it added.
To determine the funding gap, BCG partnered MassChallenge, a US-based global network that offers startup businesses access to mentors, industry experts and other resources and analysed five years of investment and revenue data.
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