Former startup execs bag $101 million in seed funds for new ventures in 2024, up 243% YoY: Report

Share via:


Former operators or executives who have moved from scaling existing businesses to founding their own ventures are three times more likely to raise seed rounds, according to a report by data intelligence platform Tracxn.

Operator-led startups raised $101 million in 2024, marking a 243% increase compared to 2023. They accounted for 11.5% of all venture funding in 2024, up from just 6% the year before. The funding remains significantly higher than the $53 million raised in 2022, the report commissioned by early-stage venture capital firm RTP Global…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Former startup execs bag $101 million in seed funds for new ventures in 2024, up 243% YoY: Report


Former operators or executives who have moved from scaling existing businesses to founding their own ventures are three times more likely to raise seed rounds, according to a report by data intelligence platform Tracxn.

Operator-led startups raised $101 million in 2024, marking a 243% increase compared to 2023. They accounted for 11.5% of all venture funding in 2024, up from just 6% the year before. The funding remains significantly higher than the $53 million raised in 2022, the report commissioned by early-stage venture capital firm RTP Global…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Agentic Coding: How Google’s Jules Compares to Claude Code

After my successful use of Claude Code, I...

Apple @ Work: What’s new for IT teams with...

Apple @ Work is exclusively brought to you...

Anne Wojcicki’s nonprofit reaches deal to acquire 23andMe

Beleaguered genetic testing company 23andMe announced Friday that...

Popular

Upcoming Events