I wish I could say that all of our efforts have made a big difference. But the data suggests otherwise. When I started the Female Founders Alliance in 2017, Pitchbook published data that all-female teams had raised only 2.6% of venture capital the prior year—the number was 2.1% last year. Sixty-two percent of female entrepreneurs still report experiencing bias in the fundraising process. Even when women do raise, they tend to get lower valuations and smaller check sizes, and a much higher bar to raise the next round. 

This despite the fact that when women do get funded, they outperform on business metrics. Research from Boston Consulting Group shows that women-led companies generate twice as much revenue for every dollar of investment when compared to all-male teams. Whether it be out of skill or sheer necessity, female founders consistently do more with less. 

And while they deliver faster exits than all-male teams, these exits are on average smaller. Because even after finding product-market fit, it’s just plain hard to scale a company if you don’t have the requisite capital to do so. And so they sell sooner, delivering solid, if not spectacular, early exits for their investors, and making female-founded IPOs an extremely rare occurrence.

They say that talent is evenly distributed, but opportunity is not. For female founders, the limiting factor has been capital. And that’s about to change.

A vibe shift in venture capital

In all the buzz and hype about AI, there’s a side story I’ve been tracking that has the potential to change the game for female founders. It’s the “tiny teams” story. Consider startups like Anysphere, which scaled their annual recurring revenue to $100 million while having only 20 employees, and ElevenLabs, which reached the same milestone with only 50. For comparison, when cybersecurity company Wiz reached $100 million in ARR in 2022—the fastest company to do so at the time—it had 400 employees. That number gets bigger with prior generations of unicorns.

How did these tiny teams stay tiny? Skill, luck, hard work, and strategic use of AI to keep their operations lean. It remains to be seen if the fast-earned revenue in the examples above is sticky, or if customers are experimenting with AI tools and will leave for the next shiny thing. The need for capital, or the ability to use capital as a moat to outrun competitors, may never fully go away. Still, it is undeniable that a new crop of AI tools makes it possible to build and scale a company at a fraction of the cost than it did even just a year ago. 

As a result, startups don’t look like they used to. Founders are purposefully raising smaller rounds, keeping teams lean, and using AI to scale faster and more efficiently than ever before. As an early-stage investor, I am now consistently meeting founders who have a stated goal of reaching profitability before the Series A. They hope to never raise again. Or if they do, to raise on their own terms, from a position of strength. 

This new trend has a name: seed-strapping. Raising one round and growing profitably from there. And while this might be a threat for growth-stage VC funds, it’s a boon for pre-seed and seed investors like me. AI-powered efficiency means less dilution for me and stronger returns for my LPs. I have never been more excited to be an early-stage VC.

Ladies, run, don’t walk, to adopt AI

The rise of seed-strapping also has exciting implications for women—and for any founder who lacks access to capital. Because if capital is no longer the limiting factor, opportunity becomes more evenly distributed too. 

In the last two decades a host of tools made it cheap and easy to start a company—you could incorporate with Legal Zoom, make a website with Squarespace, set up a store with Shopify, and put ads on Facebook for a fraction of the price, effort, and skill that all such actions used to take offline. AI is doing the same, but on steroids. You can create professional-grade marketing collateral, automate and optimize your outbound sales, use AI agents to power customer support, speed up coding, and even build basic digital products without writing a single line of code. All of this will get better very, very fast.

Some people call this a vibe shift. I’m calling it a power shift. A massive power shift. 

If women can use AI to build companies more efficiently and raise less capital, it changes everything. We already know that women founders excel at driving revenue in a low-resource environment. Now, AI makes it easier for them to scale that revenue, too. And in the process, they own more of their companies, raise capital on their own terms, and deliver even stronger exits for investors.

Outside the insular world of venture capital, there’s evidence suggesting that women at large are adopting AI at a slower pace than men. In doing so, they risk falling further behind in career progression. But early data on female founders is far more encouraging. We recently surveyed the Female Founders Alliance community and found that 79% of female founders are already using AI in their startups, and another 6% is planning to. The top tasks they’re using AI for are product development (53% of founders), and marketing (52%), followed by operations (39%) and customer service (16%). Anecdotally, founders are leveraging AI as an agent, enhancer, and even a thought partner. 

It’s time to build

AI may be the biggest technological breakthrough we will witness in our lifetimes. But as big as that is, it’s an even bigger social paradigm shift. There are very real societal concerns of what AI means for employees. But for entrepreneurs, AI blows the doors of opportunity wide open. That’s why I want to see more women using AI—not just as a tool, but as a core strategy for how they build. It makes me rethink how we support founders at Graham & Walker. 

For the last eight years, we helped founders raise capital. Perhaps going forward, we’ll help founders grow without it.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.