From 104,000 applications to 290 follow-on rounds
Every founder who applied to an Antler residency in 2024, stage by stage
| Stage | Count | Share of the stage before |
|---|---|---|
| Applied: Founders applying to a residency | 104,000 | |
| Joined a residency: Selected after interviews | 3,100 | 3.0% |
| Invested at pre-seed: Teams formed and backed | 610 | 19.7% |
| Raised a follow-on: Seed round within 18 months | 290 | 47.5% |
Source: Example data, replace with the report’s source. Bar widths are on a log scale so the later stages stay readable.