What makes a startup successful or a failure? Follow trending informative numbers and facts before getting started.
- The average time between funding rounds from Seed to Series A is 18 months, Series A to B is 10-18 months, and Series B to Series C is 27 months. Carta
- Once you get to a Series B or C round, you’ll probably work for 15 to 20 months before bringing in new capital. Forbes
- 41.5% of all entrepreneurs are women, while 58.5% are men. Zippia
- In 2022, U.S. healthcare startups were the strongest industry, bringing in $12.6 billion in revenue. Fierce Healthcare
- The number one reason why startups fail is due to misreading market demand — this is found in 42% of cases. CBInsights
- About 1% of startups evolve into a unicorn startup, like Uber, Airbnb, Slack, Stripe, and Docker. CBInsights
- 1 in 3 begin their small business with less than $5,000. Small Business Trends
- Large unicorn startups, such as Airbnb and Uber, have taken a billion dollars or more in debt in order to become more successful. PitchBook
- 23% of startups mentioned team issues leading to failure. Entrepreneur
- Experience alone does not make a team successful — soft skills such as “entrepreneurial passion” and “shared strategic vision” are required as well. Harvard Business Review
- The average age of tech startup founders is 45. Entrepreneur
- Recognize that personalized marketing will become important to the success of your startup. Startupbasics
Source: Embroker