Gust Startup Trend Map
Gust Startup Map & Trends Analysis – August 2012
Attention startup enthusiasts! Gust is thrilled to have nearly 7,000 new entrepreneurs creating startup profiles each month. To help us visualize the scale and global reach of these entrepreneurs we have put together a monthly startup map, which captures all new startup profiles on Gust. The map showcases new entrepreneur sign-ups that chose to publish their startup profiles between August 1st and August 31st. Entrepreneurs that kept their startup profiles private are labeled “unpublished” in the map and are not included in the trends analysis.
Take a look below!
At first glance, we can see the USA contains the majority of new startups, with a significant 60%, but Canada, India, France, and Brazil are closely following and worth to keep an eye on for future startup growth.
Unsurprisingly the dominant industry for new startups in August is Internet/Web Services, but other top industries include Consumer Products and Services, Media and Entertainment, as well as Financial Services. However, when we compare industries across the top startup countries, we notice there are better performing industries specific to each country. For example, India has the highest percentage of startups in the Education industry, with almost 10%, while other startup leaders such as Brazil have a greater focus on the Industrial/Energy sector.
Almost a quarter of all startups have a product in the development stage, regardless of industry and country location, and less than 10% have a product that is fully ready. If we zoom into the US, we find California is the leading state across all stages, which includes products in concept, development, fully ready, and revenue. 28% of California startups have a product fully ready and 25% are in revenue stage. New York, Florida, and Texas closely follow as top states across all product development stages.
We look forward to presenting September’s startups and sharing the next trend map!
Written by Ilana Grossman
You might also be interested in
In some ways, it is now difficult to imagine a world without accelerators. Many of the globe’s most well-known and disruptive startups were propelled from the hallways of legendary accelerators such as Y Combinator, TechStars, and 500 Startups. AirBnb, Dropbox, Zenefits, Stripe, DigitalOcean, Heroku, Optimizely, Intercom, Reddit, and hundreds of other startup success stories were all briskly brought to life
For three out of four quarters in 2015, New York City’s tech ecosystem has led with more startup funding requests than any other region in the country, including California’s long reigning Silicon Valley. After a dip in Q3, New York rebounded in Q4 claiming nearly 20% of every funding application around the country. California ranked second with 17.8% of total
The Market Diversifies: International Innovation Captures Larger Share Of Startup Funding Applications
In Q3 the global startup ecosystem continued to thrive, with 25% growth over the same quarter last year and up 18% from last quarter, as the innovation economy expands around the world. Quarterly data from Gust, the online platform for the global angel investment industry, reveals that while incumbent leaders show no sign of slowing down, new industries and areas
2015 is shaping up to be a strong year for the startup and early stage investor ecosystem. Total startup funding applications are up across the globe and in multiple sectors, especially in the United States where the surging New York City tech industry is leading a nationwide growth in new startups.
Coming out of the second quarter of the year, the total
Today, Gust is proud to join the U.S. Department of State and several other private sector partners to launch The GIST Network (GIST Net), an interactive online network connecting science and technology entrepreneurs in emerging economies. GIST Net will provide entrepreneurs with the resources and mentorship they need to collaborate, seek funding, and grow their businesses.
This public-private partnership is