What data can you use to identify disruptive startups?

2 Product differentiation and innovation

Another data point to consider is the product differentiation and innovation that the startup offers. Disruptive startups often have a unique value proposition that sets them apart from the competition and creates a loyal customer base. You can use data from product reviews, ratings, feedback, testimonials, or case studies to evaluate the product quality, features, benefits, and customer satisfaction. A high product differentiation and innovation indicates a strong competitive advantage and a loyal customer base.

3 Team expertise and diversity

A third data point to examine is the team expertise and diversity that the startup has. Disruptive startups usually have a talented and diverse team that can execute the vision, solve problems, and adapt to changes. You can use data from resumes, LinkedIn profiles, references, or interviews to assess the team skills, experience, education, and background. A high team expertise and diversity indicates a strong human capital and a collaborative culture.

4 Traction and momentum

A fourth data point to monitor is the traction and momentum that the startup has. Disruptive startups often have a rapid and consistent growth in key metrics, such as users, customers, revenue, retention, or referrals. You can use data from financial statements, dashboards, reports, or newsletters to track the startup's performance, progress, and achievements. A high traction and momentum indicates a strong market fit and a scalable business model.

5 Funding and valuation

A fifth data point to check is the funding and valuation that the startup has. Disruptive startups often attract significant funding from reputable investors, who validate their potential and provide resources and guidance. You can use data from Crunchbase, PitchBook, AngelList, or SEC filings to verify the startup's funding history, amount, round, stage, and valuation. A high funding and valuation indicates a strong investor confidence and a favorable market position.

6 Vision and mission

A sixth data point to review is the vision and mission that the startup has. Disruptive startups often have a clear and compelling vision and mission that inspire their team, customers, partners, and investors. You can use data from websites, blogs, social media, press releases, or pitches to understand the startup's purpose, goals, values, and impact. A high vision and mission indicates a strong brand identity and a social responsibility.