United States

Miami

Late-Globalization Phase
MEMBERS:
Knight Foundation

Our sights are set on making Miami a community where globally relevant innovations thrive. Rather than copying any other city, we are charting a distinct, multicultural path toward becoming a tech epicenter; one that is uniquely Miami.

Rebecca Danta
Managing Director, Miami Angels

Sub-sector Strengths

Life Sciences

The Cambridge Innovation Center houses 250 early and mid-stage companies and a wet lab for early-stage Biotech startups. Biscayne Neurotherapeutics, a clinical-stage biotechnology company, was acquired for $185 million in 2018. Tissuetech, a pioneer of birth-tissue regenerative medicine, raised $82.3 million in Series C funding in 2019.

Edtech

Hero K12, based near Miami, builds applications to track student behavior and received $150 million in 2017. Nearpod, a mobile app that enables teachers to create and share interactive multimedia presentations with their students, raised $21 million in Series B funding in 2017.

Why you should invest in Miami

TOTAL EARLY STAGE FUNDING
$519 m
GLOBAL AVG.
$431 m
ECOSYSTEM VALUE
$18 bn
GLOBAL AVG.
$10.5 bn
Top 15 North American Ecosystem
Funding
Top 15 North American Ecosystem
Performance
6
Exit Growth
INDEX
8
Investor Activity
INDEX
6
Funding Growth
INDEX

Reasons to move your startup to Miami

MEDIAN SEED ROUND
$725 k
GLOBAL AVG.
$494 k
MEDIAN SERIES A ROUND
$1.8 m
GLOBAL AVG.
$2.7 m
SOFTWARE ENGINEER SALARY
$77 k
GLOBAL AVG.
$42.1 k

Global Community

Startups can tap into one of the most diverse talent pools in North America. Miami is the #4 city in the U.S. in Latino entrepreneurship and has one of the highest percentages of immigrant-owned businesses. This diversity also allows companies to test ideas across a wide range of potential customers.

COVID-19 Policy

The state of Florida launched the Small Business Emergency Bridge Loan Program to provide short-term working capital support to small businesses with up to 50 employees. Loans are interest-free for one year; after that, the interest rate rises to 12%.

Startup Community

Startup Genome
Members

Startup Genome
Partners

500 Startups
Miami Angels
Endeavor Miami
eMerge Americas
Venture Cafe Miami
Refresh Miami
Venture for America
Florida International University
University of Miami
LAB Miami
Babson WIN
Idea Center at Miami Dade College
CIC Miami
Code Fever
The Venture City
WeWork
WhereBy.Us

Featured Articles from
Local Ambassadors

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