No More Hustleporn: Founders Who Raised a Series A
Tweet by Drake Dukes
Data Dealer 📈 I discover interesting companies and one-of-a-kind founders at scale using data. 🔎 How else was I supposed to make friends during the pandemic?
Pitchbook charges over $20K for funding insights & doesn’t let you share the information…
I say liberate the data! 🔐
So our team put together a list of all 5K+ founders that raised a Series A within the last year.
RT this tweet & I’ll DM you the list
Here’s our insights
Quick Facts ☑️
Avg Time From Company Inception to Series A - 4 years, 4 months
Avg Series A Round Size - $16.7M
Avg Total Funding Amount - $20.7M
Avg Size of Founding Team - 2 (Max - 10)
Avg Team Size - 53 Employees
After raising a Series A in last 365, 27 companies exited Largest Deals 💰
Perch | $775M (@SoftBank)
Transmit Security | $543M (@generalatlantic & @insightpartners)
Centessa Pharma | $250M (@generalatlantic)
Flink Food | $240M (@Prosus_Ventures & @bondcap)
bung | $229M (@pollencap)
The US is in the lead with 1.2K companies with Series A deals
Here’s the breakout of the other countries:
United Kingdom 🇬🇧 - 225
India 🇮🇳 - 109
Germany 🇩🇪 - 105
France 🇫🇷 - 86
Canada 🇨🇦 - 82
Israel 🇮🇱 - 72
Brazil 🇧🇷 - 42
Switzerland 🇨🇭- 39
Spain 🇪🇸 - 38
Others (283)
The top sectors currently receiving Series A funding are:
1. Software
2. Information Technology
3. Artificial Intelligence
4. SaaS
5. FinTech
6. Health Care
7. Machine Learning
Notables:
E-Commerce (12th), Blockchain (21st), Cybersecurity (30th)
Most Active Investors In These Companies Up To Series A:
1. @ycombinator
2. @avgfunds
3. @Techstars
4. @svangel
5. @FjLabs
6. @PlugandPlayTC
7. @a16z
8. @generalcatalyst
Other Notables:
@coinbase (16th), Tiger Global (20th), @naval (324th)
What about insights into these Series A founders?
They come from these universities / organizations…
1. @Stanford
2. @ycombinator
3. @MIT
4. @Harvard
5. @UCBerkeley
6. @TelAvivUni
7. @Cambridge_Uni
8. @StanfordGSB
9. @UniofOxford
10. @UMich
Series A founders hold prior experiences from these companies:
1. @Google
2. @Microsoft
3. @McKinsey
4. @GoldmanSachs
5. @IBM
6. @IDF
7. @BCG
8. @BainAlerts
9. @Uber
10. @Facebook
Other Notables:
@salesforce (18th), @Apple (20th), @amazon (28th)
Here is the FounderDNA™ of Series A founders (5,121):
62% are Serial Founders
33% are Technical Founders
5% are Former FAANG
39% had a Prior Exit
39% have Masters Degrees
14% have Doctorate Degrees
17% have a Top10 Education
88% Male / 12% Female
Avg. Age at Series A - 39 Yrs
Series A companies have budget, are hiring like crazy, and need to go big ! 🚀
The dataset includes the founders emails & Twitter handles in case you want to connect.
So think of it like:
Pitchbook + Crunchbase + LinkedIn + CB Insights + ZoomInfo
RT & DM me for the data ✔️
Twitter is crazy. Liberate the data!
Here’s the link if I missed anyone:
app.launchgravity.com/data-drops/fou…