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Investors are continuously seeking profitable investment opportunities in startups and, hence, for effective decision-making, need to predict a startup's probability of success. Nowadays, investors can use not only various fundamental…

Machine Learning · Computer Science 2024-09-10 Abdurahman Maarouf , Stefan Feuerriegel , Nicolas Pröllochs

Predicting the success of startup companies is of great importance for both startup companies and investors. It is difficult due to the lack of available data and appropriate general methods. With data platforms like Crunchbase aggregating…

Machine Learning · Computer Science 2021-12-16 Dafei Yin , Jing Li , Gaosheng Wu

Predicting the success of start-up companies, defined as achieving an exit through acquisition or IPO, is a critical problem in entrepreneurship and innovation research. Datasets such as Crunchbase provide both structured information (e.g.,…

Machine Learning · Computer Science 2025-10-14 Rabeya Tus Sadia , Qiang Cheng

Startups often represent newly established business models associated with disruptive innovation and high scalability. They are commonly regarded as powerful engines for economic and social development. Meanwhile, startups are heavily…

Computational Finance · Quantitative Finance 2024-06-11 Lele Cao , Vilhelm von Ehrenheim , Sebastian Krakowski , Xiaoxue Li , Alexandra Lutz

We consider in this paper the problem of predicting the ability of a startup to attract investments using freely, publicly available data. Information about startups on the web usually comes either as unstructured data from news, social…

Computational Engineering, Finance, and Science · Computer Science 2022-04-14 Mariia Garkavenko , Eric Gaussier , Hamid Mirisaee , Cédric Lagnier , Agnès Guerraz

Investors are interested in predicting future success of startup companies, preferably using publicly available data which can be gathered using free online sources. Using public-only data has been shown to work, but there is still much…

Machine Learning · Computer Science 2023-12-12 Emily Gavrilenko , Foaad Khosmood , Mahdi Rastad , Sadra Amiri Moghaddam

We address the issue of the factors driving startup success in raising funds. Using the popular and public startup database Crunchbase, we explicitly take into account two extrinsic characteristics of startups: the competition that the…

General Finance · Quantitative Finance 2019-06-10 Clement Gastaud , Theophile Carniel , Jean-Michel Dalle

In the Venture Capital (VC) industry, predicting the success of startups is challenging due to limited financial data and the need for subjective revenue forecasts. Previous methods based on time series analysis often fall short as they…

Computational Finance · Quantitative Finance 2025-03-25 Zitian Gao , Yihao Xiao

Background: Predicting startup success with machine learning is a rapidly growing field, yet findings on key predictors are often fragmented and context-specific. This makes it difficult to discern robust patterns and highlights a need for…

Computational Engineering, Finance, and Science · Computer Science 2025-07-15 Seyed Mohammad Ali Jafari , Ali Mobini Dehkordi , Ehsan Chitsaz , Yadollah Yaghoobzadeh

Company fundamentals are key to assessing companies' financial and overall success and stability. Forecasting them is important in multiple fields, including investing and econometrics. While statistical and contemporary machine learning…

Statistical Finance · Quantitative Finance 2025-06-04 Felix Divo , Eric Endress , Kevin Endler , Kristian Kersting , Devendra Singh Dhami

This study develops an interpretable machine learning framework to forecast startup outcomes, including funding, patenting, and exit. A firm-quarter panel for 2010-2023 is constructed from Crunchbase and matched to U.S. Patent and Trademark…

Machine Learning · Computer Science 2025-10-13 Saeid Mashhadi , Amirhossein Saghezchi , Vesal Ghassemzadeh Kashani

Artificial intelligence is an emerging topic and will soon be able to perform decisions better than humans. In more complex and creative contexts such as innovation, however, the question remains whether machines are superior to humans.…

Artificial Intelligence · Computer Science 2021-05-10 Dominik Dellermann , Nikolaus Lipusch , Philipp Ebel , Karl Michael Popp , Jan Marco Leimeister

Crowdfunding has emerged as a widespread strategy for startups seeking financing, particularly through reward-based methods. However, understanding its economic impact at both micro and macro levels requires thorough analysis, often…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-02-23 Giuseppe Pipitò , Emanuele Macca

Benchmarks such as SWE-bench and ARC-AGI demonstrate how shared datasets accelerate progress toward artificial general intelligence (AGI). We introduce VCBench, the first benchmark for predicting founder success in venture capital (VC), a…

We consider the problem of evaluating the quality of startup companies. This can be quite challenging due to the rarity of successful startup companies and the complexity of factors which impact such success. In this work we collect data on…

Applications · Statistics 2018-07-10 David Scott Hunter , Ajay Saini , Tauhid Zaman

We present a novel framework that bridges the gap between the interpretability of decision trees and the advanced reasoning capabilities of large language models (LLMs) to predict startup success. Our approach leverages chain-of-thought…

Artificial Intelligence · Computer Science 2025-04-17 Jack Preuveneers , Joseph Ternasky , Fuat Alican , Yigit Ihlamur

Occupational outcomes like entrepreneurship are generally considered personal information that individuals should have the autonomy to disclose. With the advancing capability of artificial intelligence (AI) to infer private details from…

Computer Vision and Pattern Recognition · Computer Science 2025-03-11 Martin Obschonka , Christian Fisch , Tharindu Fernando , Clinton Fookes

While small businesses are increasingly turning to online crowdfunding platforms for essential funding, over 40% of these campaigns may fail to raise any money, especially those from low socio-economic areas. We utilize the latest…

General Economics · Economics 2024-07-16 Teng Ye , Jingnan Zheng , Junhui Jin , Jingyi Qiu , Wei Ai , Qiaozhu Mei

This study proposes a method for predicting startup inclusion, estimating the probability that a venture capital fund will invest in a given startup. Unlike general recommendation systems, which typically rank multiple candidates, our…

Computational Engineering, Finance, and Science · Computer Science 2025-12-01 Koutarou Tamura

Medical crowdfunding is a popular channel for people needing financial help paying medical bills to collect donations from large numbers of people. However, large heterogeneity exists in donations across cases, and fundraisers face…

Machine Learning · Computer Science 2019-11-25 Tong Wang , Fujie Jin , Yu Hu , Yuan Cheng
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