This statistic displays the developmental stage for startups in Europe, based on a survey of startups in 2018. Of European startups, over 46 percent are at the startup stage of development, where they are just about able to offer a marketable product or service. A further 33.7 percent of startups are at the growth stage where they have created a product or service and have also demonstrated high sales or value growth. Only 1.5 percent of startups are at later stage, where the company is considered to be an established player in its particular market.
Distribution of startups in Europe in 2018, by development stage
The source adds the following information regarding methodology: "The data for the EU Startup Monitor 2018 was collected from February-May 2018 with an online survey directly targeted at founders and C-level employees of start-ups, in cooperation with many practitioner supporters, start-up associations and a variety of ecosystem stakeholders. All EU Member States were encouraged to participate and sufficient data was generated for 18 countries, so that the results present a comprehensive overview of the current startup landscape."
** The source adds the following information about what the developmental stages mean.
Seed stage means the founders are in the process of idea generation and have not yet generated any revenue.
Startup stage implies the founders are on the verge of offering a marketable product/service and of generating first revenues and/or customer value.
Growth stage is defined as startups that have succeeded in creating a marketable product/service and have shown high sales/customer value growth.
Later stage indicates that the organization is an established player and/or are planning an exit through an initial public offering.
Steady stage startups are those with stagnating or even decreasing growth rates.
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ESM. (November 21, 2018). Distribution of startups in Europe in 2018, by development stage [Graph]. In Statista. Retrieved November 29, 2023, from https://www.statista.com/statistics/879428/startup-stage-of-development-in-europe/
ESM. "Distribution of startups in Europe in 2018, by development stage." Chart. November 21, 2018. Statista. Accessed November 29, 2023. https://www.statista.com/statistics/879428/startup-stage-of-development-in-europe/
ESM. (2018). Distribution of startups in Europe in 2018, by development stage. Statista. Statista Inc.. Accessed: November 29, 2023. https://www.statista.com/statistics/879428/startup-stage-of-development-in-europe/
ESM. "Distribution of Startups in Europe in 2018, by Development Stage." Statista, Statista Inc., 21 Nov 2018, https://www.statista.com/statistics/879428/startup-stage-of-development-in-europe/
ESM, Distribution of startups in Europe in 2018, by development stage Statista, https://www.statista.com/statistics/879428/startup-stage-of-development-in-europe/ (last visited November 29, 2023)
Distribution of startups in Europe in 2018, by development stage [Graph], ESM, November 21, 2018. [Online]. Available: https://www.statista.com/statistics/879428/startup-stage-of-development-in-europe/