We tracked 4,369 US startups founded in 2018. Where are they now?
𝗕𝘆 𝗙𝘂𝗻𝗱𝗿𝗮𝗶𝘀𝗶𝗻𝗴 𝗥𝗼𝘂𝗻𝗱 (𝗮𝘀 𝗼𝗳 𝗝𝗮𝗻 𝟭, 𝟮𝟬𝟮𝟱)
1,905 never raised a priced round
2,464 raised a seed round (56.4%)
1,588 have raised Series A (36.4%)
643 have raised Series B (14.8%)
194 have raised Series C (4.4%)
50 have raised Series D or beyond (1.1%)
𝗕𝘆 𝗢𝘂𝘁𝗰𝗼𝗺𝗲 (𝗮𝘀 𝗼𝗳 𝗝𝗮𝗻 𝟭, 𝟮𝟬𝟮𝟱)
15 are now public companies (0.34%)
239 have been acquired (5.5%)
57 have currently private unicorns (1.3%)
1,408 are still live companies (32.2%)
2.707 have closed down (61.9%)
This venture-backed business thing ain't easy.
If you want to see the breakout of outcomes within each round, give me a shout in the comments (I have a second graphic that digs into detail on each stage).
#startups #venturecapital #fundraising #founders
Fresh, never-frozen, non-GMO startup data in your inbox. Subscribe here: https://lnkd.in/gNa_Dk-F
DISCLOSURE: This communication is on behalf of eShares, Inc. dba Carta, Inc. ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. © 2026 Carta. All rights reserved. Reproduction prohibited.
