Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Dear Qualtrics
By
Accel
Ryan Sweeney
16 Aug
2023
11 Nov
2018
—Ryan Sweeney
11 Nov
2018
Oh no!
Former employees of European and Israeli unicorns are founding the next wave of startups as the region’s flywheel of talent continues to spin. Join us as we explore trends from the emergent companies, and examine the journey from unicorn employee to tech founder. Download the report below.
The number of tech-enabled startups founded by former employees of 248 European and Israeli unicorns
The percentage of these new startups that have already gone on to secure private funding
More than half of companies built by former employees were founded in the same city as the unicorn, resulting in thriving tech hubs developing in cities where unicorns have been created
The European and Israeli tech ecosystem continues to be a powerhouse of innovation and ambition. Despite a difficult macroeconomic climate, we're seeing a surge in entrepreneurial talent, particularly in sectors such as fintech and AI. Our data shows a striking trend: nearly 1,500 startups sprouted from the roots of European and Israeli unicorn companies, once again demonstrating that they continue to be thriving founder factories. This region is not just launching startups; it's creating seasoned founders equipped with deep industry insights and, in the current environment, the experience to build enduring and resilient businesses that can achieve sustainable growth.”