Reports · Q3 2026

State of the founder graph — Q3 2026

Q3 2026: Facebook alumni started 3 new companies since 2025, more than any other company; San Francisco leads new company formation with 841; the most common sector move is from Software & IT into Artificial Intelligence. The graph now holds 73,739 founders and 42,763 companies.

Generated 2026-09-13 · window 2025–2026 vs 2023–2024
73,739founders in the graph
42,763companies with founders
78,437relationships
218startup mafias

Founder factories, 2025–2026

Companies whose alumni started the most companies founded in 2025–2026. Top: Facebook with 3 new companies started by 3 alumni.

Founder factories, 2025–2026Companies whose alumni started the most new companiesFacebook: 3 companies by 3 alumniFacebook3OpenAI: 2 companies by 4 alumniOpenAI2SigmaOS: 2 companies by 3 alumniSigmaOS2Assort Health: 2 companies by 2 alumniAssort Health2Downtobid: 2 companies by 2 alumniDowntobid2Fullstack Academy: 2 companies by 2 alumniFullstack Academy2Google: 2 companies by 2 alumniGoogle2Portkey: 2 companies by 2 alumniPortkey2Unflow: 2 companies by 2 alumniUnflow2Drapr: 1 companies by 3 alumniDrapr1Guild Education: 1 companies by 3 alumniGuild Education1Real American Beer: 1 companies by 3 alumniReal American Beer1
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Where new companies are being founded, 2025–2026

Cities by companies founded in the window, with known founders. San Francisco 841 (was 569) · New York City 118 (was 178) · London 40 (was 42) · Los Angeles 25 (was 18) · Boston 17 (was 10)

Where new companies are being founded, 2025–2026Companies with known founders, by HQ citySan Francisco: 841 (previous window 569)San Francisco841New York City: 118 (previous window 178)New York City118London: 40 (previous window 42)London40Los Angeles: 25 (previous window 18)Los Angeles25Boston: 17 (previous window 10)Boston17Paris: 16 (previous window 24)Paris16Stockholm: 10 (previous window 3)Stockholm10Seattle: 9 (previous window 19)Seattle9Toronto: 8 (previous window 6)Toronto8Austin: 7 (previous window 9)Austin7Bengaluru: 7 (previous window 14)Bengaluru7Singapore: 4 (previous window 4)Singapore4
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Sectors gaining founders, 2025–2026

Sectors by new companies with known founders. Enterprise Software 748 (was 692) · Industrials & Manufacturing 174 (was 55) · Software & IT 122 (was 76) · Fintech 117 (was 109) · Healthcare 114 (was 131)

Sectors gaining founders, 2025–2026New companies with known founders, by sectorEnterprise Software: 748 (previous window 692)Enterprise Software748Industrials & Manufacturing: 174 (previous window 55)Industrials & Manufacturing174Software & IT: 122 (previous window 76)Software & IT122Fintech: 117 (previous window 109)Fintech117Healthcare: 114 (previous window 131)Healthcare114Artificial Intelligence: 99 (previous window 95)Artificial Intelligence99Consumer: 82 (previous window 95)Consumer82Media & Entertainment: 74 (previous window 101)Media & Entertainment74Education: 41 (previous window 32)Education41Real Estate & Construction: 40 (previous window 40)Real Estate & Construction40Consulting & Services: 31 (previous window 22)Consulting & Services31Marketing & Advertising: 23 (previous window 20)Marketing & Advertising23
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Where founders come from

For each founder, the sector of an earlier company they founded or worked at, against the sector of the company they founded later. Same-sector moves are excluded, so this is a map of crossover, not of volume.

Where founders come fromSector of an earlier company → sector founded laterSoftware & IT → Artificial Intelligence: 59 foundersSoftware & IT → Artificial In…59Consumer → Enterprise Software: 58 foundersConsumer → Enterprise Software58Fintech → Enterprise Software: 47 foundersFintech → Enterprise Software47Software & IT → Developer Tools: 40 foundersSoftware & IT → Developer Too…40Software & IT → Media & Entertainment: 39 foundersSoftware & IT → Media & Enter…39Software & IT → Enterprise Software: 38 foundersSoftware & IT → Enterprise So…38Enterprise Software → Fintech: 37 foundersEnterprise Software → Fintech37Software & IT → Fintech: 32 foundersSoftware & IT → Fintech32Media & Entertainment → Enterprise Software: 25 foundersMedia & Entertainment → Enter…25Healthcare → Enterprise Software: 23 foundersHealthcare → Enterprise Softw…23Media & Entertainment → Software & IT: 21 foundersMedia & Entertainment → Softw…21Software & IT → Crypto & Web3: 21 foundersSoftware & IT → Crypto & Web321
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Serial founders on a streak

Founders who started two or more companies in the last five years. Henrik Åberg, Ariana Adireh Anderson, Yesol Heo, François-Guillaume Ribreau, Ashish Vaswani, Elon Musk.

Serial founders on a streakCompanies founded in the last five yearsHenrik Åberg: 8 companies, latest 2026Henrik Åberg8Ariana Adireh Anderson: 5 companies, latest 2025Ariana Adireh Anderson5Yesol Heo: 5 companies, latest 2024Yesol Heo5François-Guillaume Ribreau: 4 companies, latest 2025François-Guillaume Ribreau4Ashish Vaswani: 4 companies, latest 2023Ashish Vaswani4Elon Musk: 4 companies, latest 2023Elon Musk4Niki Parmar: 4 companies, latest 2023Niki Parmar4Mateusz Pilecki: 3 companies, latest 2026Mateusz Pilecki3Rohan Singh: 3 companies, latest 2026Rohan Singh3Shariq Refai: 3 companies, latest 2026Shariq Refai3Tom Watson: 3 companies, latest 2026Tom Watson3Josh Universe: 3 companies, latest 2025Josh Universe3
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Method. All figures are computed from the founder graph on the generation date: companies with at least one known founder, excluding placeholder entries. “Alumni” means people who founded or worked at a company. The graph is incomplete and community-corrected, so treat rankings as indicative and tell us what we’re missing. Cite as “founders.io, State of the founder graph — Q3 2026”.