Startups are growing faster than ever, thanks to the GenAI boom. Pre AI, the gold standard for an enterprise startup, was hitting $1 million in annual recurring revenue (ARR) within its first year.
Today, an average AI company is clocking in $2.1 million in the same timeframe, with the top 1% racing past $5.3 million, according to analysis by VC firm a16z.
In fact, these companies are raising Series A funding just seven months after monetisation, a pace unheard of in startup history.
ET GenAI Hackathon first edition wraps up; Bold Ideas win big2026-04-30T15:15:38Z
