Y Combinator startups received more than $ 1 billion funding in total



Whiteboard contributor Balazs Szabo did some digging in seed-db.com, and he came up with this gem: all the Y Combinator startups, taken together, have raked in more than $ 1 billion in funding, as he reports on his blog CEE Startups. Various disclaimers and caveats about the quality data in seed-db apply, of course (see their site), but still.

Another fun fact is this: the Y Combinator companies have amassed more funding than all the other 152 accelerators worldwide combined. Of course, Y Combinator is one of the longest running startup accelerators, which may account for a part of the skewed result.

All Accelerator without Y Combinator (N=152) Y Combinator
Companies accelerated 1937 479
Jobs created 4892 1548
Number of exits 68 57
Funding (USD) 801 695 421 USD 1 009 779 400 USD

Source: CEE Startups based on  http://www.seed-db.com [2] (10.03.2013)

But it’s not like all startups are created equal, even when they get accepted into Y Combinator. Like in the App Store (and the real world), you can expect a very small percentage of startups to account for the lion’s share of this funding.

So I decided to take a look at the top 20 of Y Combinator heavyweights. As I expected, the ranking shows that of the 500 companies funded, the top 20 startups like Dropbox, Airbnb, Xobni and Stripe, account for $ 727 million in financing, or 72 %. The one percent (just five startups) account for almost half (48 % or approximately $ 487 million) of the total funding.

NAME COHORT FUNDING EXIT PRICE STATUS EMPLOYEES
1 Dropbox jun/07 $ 257,200,000 n/a Operating 221
2 AirBnb jan/09 $ 119,820,000 n/a Operating
3 Xobni jun/06 $ 41,752,000 n/a Operating
4 Stripe jun/10 $ 38,000,000 n/a Operating
5 Loopt jun/05 $ 32,006,000 $ 43,000,000 Exited
6 Scribd jun/06 $ 25,762,000 n/a Operating 40
7 Hipmunk jun/10 $ 20,215,000 n/a Operating 16
8 Bump jun/09 $ 19,900,000 n/a Operating
9 WePay jun/09 $ 19,150,000 n/a Operating 40
10 Clustrix jan/06 $ 18,750,000 n/a Operating
11 42floors jan/12 $ 17,700,000 n/a Operating
12 OMGPOP jun/06 $ 16,600,000 $ 210,000,000 Exited 50
13 Songkick jun/07 $ 16,515,000 n/a Operating
14 Five Stars jan/11 $ 16,050,000 n/a Operating 50
15 RapGenius jun/11 $ 15,000,000 n/a Operating
16 Heroku jan/08 $ 13,020,000 $ 250,000,000 Exited 80
17 Codecademy jun/11 $ 12,500,000 n/a Operating
18 Mixpanel jun/09 $ 12,000,000 n/a Operating
19 Meteor jun/11 $ 11,200,000 n/a Operating
20 Pebble Technology jan/11 $ 11,050,000 n/a Operating

Together accelerators worldwide created 6408 jobs, as you can see in this table:

Number of registered programs worldwide

151

Companies accelerated

2416

Number of successful exits

124

Sum of exit value $ 1 130 258 600
Total funding $ 1 793 109 821
Jobs created

6408

Source: CEE Startups based on  http://www.seed-db.com (03.03.2013.)

[Read more at CEE Startups][Photo: Y Combinator co-founder Jessica Livingstone, by Robert Scoble, Flickr]

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Raf Weverbergh

Editor of whiteboard. Raf Weverbergh was a magazine journalist whose work appeared in magazines like Rolling Stone, Playboy, Mail on Sunday, Publico and South China Morning Post. He is the co-founder of FINN, a corporate communications agency where he advises startups and multinationals on their PR and Mustr, the easiest media database for PR professionals. You can contact him on Twitter, Linkedin or Skype (rafweverbergh).

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