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Is Joining the Billion Dollar Club Easier for Consumer or Non-Consumer Tech Startups?


There has been much news lately about the increase in startups with billion-dollar valuations. CB Insights has segmented the data in order to compare Consumer vs. Non-Consumer startups with valuations over $1B.

"What the financing data reveals is that non-consumer focused tech companies generally have to raise more before getting to the $1 billion valuation mark. In fact, median total funding before the company’s first $1B+ valuation round was 26% higher for non-consumer focused tech companies versus their consumer counterparts."

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