A community that percolates with possibility, Miami is powered by a diverse talent pool, thriving industries, global connectivity, and an entrepreneurial spirit that sets it apart. From biotech to beaches, finance to fine art, coding to cafecito, Greater Miami is a world-class business hub where innovation, opportunity, and quality of life converge.
Home to more than 6.2 million residents and a workforce of more than 3.1 million, South Florida is the ideal place for companies that value proximity to a vast creative and diverse talent pool; vibrant, culturally rich neighborhoods; one of the most pro-business tax structures in the country; local incentive programs for businesses; and a local government deeply committed to supporting economic growth.
Designers. Architects. Founders. Makers. Builders.
No matter what they are called, entrepreneurs around the world are drawn to Miami’s diverse startup ecosystem, and funders are following. In fact, Telstra Ventures reported a 44% increase in the number of VC-backed startups in Miami year over year (2021 vs. 2020), making Miami the No. 1 Market in the country by percentage for 2021.* Key sectors driving this thriving tech ecosystem include fintech, logistics tech, health tech, cybersecurity, and crypto.
Miami is powered by a diverse talent pool, thriving industries, global connectivity, and an entrepreneurial spirit that sets it apart. More than 200 incubators, accelerators, nonprofit partnerships, and co-working spaces connect local startups and national entities to foster an environment of development and innovation. Pareto Holdings, Flamingo Capital, and 305 Ventures are some of the funders focused on Miami-based startups.
As an immigrant-driven community, diversity and inclusion are at Miami’s core. The local tech scene is powered by a global pool of innovators that reflect the community’s international population. There’s a spotlight on women and minority founders, with SoftBank, Chase, The Rockefeller Foundation, and others earmarking funds for BIPOC, Hispanic/Latinx, and female-led companies.
No matter what they are called, entrepreneurs around the world are drawn to Miami’s diverse startup ecosystem, and funders are following. Key Numbers For #Miamitech
+81% Tech Sector Growth (2010–2020), with 2,000+ Tech companies in Miami-Dade*
+47% Population Growth for Tech Professionals*
3,000+ Crypto/Blockchain professionals*
30% increase in the net gain of software and IT workers moving to Miami in 2021 (2x influx in 2020)**
Total # of VC deals for Miami-based startups grew 260% in 2021 (highest % in the U.S.)***
+284% YoY: 2021 Investments in Miami FinTech Startups***
+266% YoY: 2021 Investments in Miami Logistics & Industrial Tech Startups***
With $5.33B invested in South Florida startups and late-stage companies in 2020, Miami ranked 9th in the U.S. for total VC funding****
Industry Leaders Calling Miami Home
- 305 Ventures
- ACI Worldwide
- Apollo Capital
- Borderless Capital
- D1 Capital
- Ford Autonomous Vehicles
- Founders Fund
- Pareto Holdings
- Starwood Capital
- Thoma Bravo
**Source: LinkedIn March 2022
***Source: Telstra Ventures, “Tech’s Great Migration: Insights to Emerging Tech Hubs Across the US” (February 2022)
****Source: eMerge 2021 Insights Report