<ul data-eligibleForWebStory="true"><li>Former operators transitioning to founders are three times more likely to secure seed funding, raising $101 million in 2024, a 243% increase from 2023.</li><li>Operator-led startups captured 11.5% of all venture funding in 2024, up from 6% in 2023.</li><li>The rise in funding is attributed to various factors like ESOP buybacks, talent returning from the US, and impact of layoffs.</li><li>Around 238 former operators founded new ventures between 2022 and 2024.</li><li>Operator-founded startups average a seed round of $1.56 million, outperforming other startups.</li><li>Prominent examples include founders of Kissht launching Rezolv and Upgrad's founder starting Borderplus.</li><li>Fintech and insurtech attracted the most investment between 2022 and 2024, followed by energy, sustainability, and supply chain tech.</li><li>Founders moved into sectors like fintech, insurtech, ecommerce, edtech, SaaS, and healthcare with their new startups.</li></ul>

Former startup execs bag $101 million in seed funds for new ventures in 2024, up 243% YoY: Report

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