European scaleups score 86/100 for commercial strength but just 17/100 for US readiness
Europe's most successful B2B technology scaleups are building strong businesses at home, but data released today shows many still lack the foundations to compete in the US. The inaugural Scaling State...
European technology startups are thriving domestically, but they are struggling to compete in the US, according to the inaugural Scaling Stateside 50 ranking. The assessment, developed by US Expansion Partners, evaluates European scaleups based on commercial strength and readiness for the US market. While these companies score an average of 86 out of 100 for commercial strength, they only achieve a 17 out of 100 for US readiness, indicating a significant gap between their success in their home market and their preparedness for transatlantic expansion.
The ranking, which includes 50 businesses from 15 countries, primarily focuses on the 55 or higher Foundation Score that measures commercial strength across various aspects of the business.
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