United States

Austin #19

Late-Globalization Phase

As the Austin startup ecosystem has matured, our work at Tech Ranch has evolved to connect this ecosystem's future to the world, especially around the areas that have developed in Austin around impact innovation.

Kevin Koym
CEO and Founder of Tech Ranch Austin

Sub-sector Strengths

Cleantech

Austin is home to the University of Texas’ Clean Energy Incubator, one of the longest-established energy and cleantech incubators in the United States. Austin is also home to successful companies like Energy Curb and Banyan Water. A Local startup MTPV, which offers semiconductor chips to convert waste heat to electricity raised $17.9 million in 2018.

Cybersecurity

SailPoint, an identity and access management provider, raised $240 million in an IPO valuing the company at more than $1 billion. ClearDATA, a managed cloud provider, raised $26 million in 2018. Spycloud, an ATO prevention platform, raised $21 million in 2019. Austin was selected as the site for the new U.S. Army Futures Command, which will modernize the Army and invest in science, technology, and engineering.

Why you should invest in Austin

TOTAL EARLY STAGE FUNDING
$1.7 bn
GLOBAL AVG.
$431 m
ECOSYSTEM VALUE
$17 bn
GLOBAL AVG.
$10.5 bn
Top 15 Global Ecosystem
Knowledge
Top 20 Global Ecosystem
Talent
10
Exit Growth
INDEX
9
Investor Activity
INDEX
6
Funding Growth
INDEX

Reasons to move your startup to Austin

MEDIAN SEED ROUND
$804 k
GLOBAL AVG.
$494 k
MEDIAN SERIES A ROUND
$5 m
GLOBAL AVG.
$2.7 m
SOFTWARE ENGINEER SALARY
$83 k
GLOBAL AVG.
$42.1 k

Growth Market

Austin is one of the fastest growing cities and offers startups a wide array of market opportunities and access to capital. In Surge Cities Index analysis, it ranked third in the U.S in population growth, third in its density of high-growth companies and sixth in its rate of job creation.

COVID-19 Policy

The U.S. Small Business Administration announced plans to offer designated states & territories low-interest federal disaster loans at an interest rate of 3.75% for working capital to small businesses suffering substantial economic setbacks as a result of the COVID-19.

Startup Community

Startup Genome
Partners

3 Day Startup
Austin Technology Incubator
BuiltIN
Capital Factory
Central Texas Angel Network
St. Edward’s University
Tech Ranch
Techstars Austin
University of Texas Austin
WeWork
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Get connected

Are you interested in diving deeper into this ecosystem? Drop us a message. Our Ambassadors and Partners can plug you in.