2024 Startup Shutdowns Surge
This is a Carta news story, published by TechCrunch, that relates primarily to Avlok Kohli news.
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2025 will likely be another brutal year of failed startups, data suggests | TechCrunch

74% Informative
TechCrunch gathered data from several sources and found similar trends.
In 2024 , 966 startups shut down, compared to 769 in 2023 , according to Carta .
The primary impetus behind the shutdowns is an obvious one.
AngelList CEO Avlok Kohli has a fairly optimistic take, noting winddowns “are still very low relative to the number of companies that were funded across both years”.
Carta ’s data points to enterprise SaaS companies taking the biggest hit — making up 32% of shutdowns.
Consumer followed at 11% ; health tech at 9% ; fintech at 8% , and biotech at 7% .
Most startups tend to shut down when the coffers are completely dry, though some see the writing on the wall early enough.
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