Of all the American startup ecosystems, Miami is perhaps the most international, as it is heavily intermixed with the Latin American tech landscape. Miami boasts a variety of industries and a bustling nightlife, and people are constantly taking their talents to South Beach, even though technical talent remains a pressing need. Neighboring cities Boca Raton, Fort Lauderdale, Dania Beach, and Hollywood also draw in significant VC interest. Though capital continues to increase, ample funding past the seed round is still hard to come by. The northern capital of South America is also the birthplace of the Cuban Sandwich, and it has only snowed once in Miami’s meteorological history.
VC FUNDING: $756.9M
DEALS: 136
EXITS: 84
5 YEAR YoY FUNDING GROWTH: 44.9%
5 YEAR YoY DEAL GROWTH: 17.0%
Source: CB Insights