Who doesn't like a comeback story? For the startup world, 2021 was one for the history books. Literally.

At Fuzionest, technology startups across diverse industries are our bread and butter, so we keep a close eye on the startup ecosystem—where our clients live and thrive.

In our annual State of Startups Report, we take stock of the trends and milestones that defined the US startup ecosystem over the past year. From funding patterns and founder demographics to emerging business models and cutting-edge technologies, our analysis aims to foster the collaboration and transparency that drive innovation.

We aim to foster the collaboration and transparency that empower innovation by sharing our analyses. On the shoulders of giants… and all that — you get it. But you're here for those sweet startup statistics, right?

• Historic Funding Milestones: 2021 saw startup funding hit unprecedented heights, with mega-rounds accounting for 65% of all funding to tech startups. Series A funding also experienced dramatic growth.
• Healthtech & Fintech Dominate: These sectors continued their reign as the champions of tech startups. One particular market saw an incredible growth rate of 22,000%—yes, you read that right.
• Who Starts Startups?: Explore the demographic shifts among founders, highlighting who’s shaping the future of startups.Unicorn Boom: The US led the global herd of unicorn startups, adding an impressive 269 new unicorns in 2021.
• Navigating Challenges: We analyze causes of startup failures, share failure rates, and offer insights to help startups avoid common pitfalls.Ethical Investing & Climate Change: Concerns like social justice, ethical investing, and climate change have shifted from niche to top-of-mind, reshaping the trajectory of startups and industries alike.
• Expert Insights: The report includes perspectives from CEOs, CTOs, and founders on promising tech breakthroughs and navigating shifting investor and user expectations.

This report isn’t just about publicly available data—it’s enriched with our own field research, analyses, and insights from years of working with leading tech startups in the US and beyond. Collaboration within this ecosystem is the foundation for building a better future, faster.