Miami Startup Ecosystem
Emerging startup hub with strong fintech, crypto, and real estate tech focus. Gateway to Latin America with growing tech scene.
Ecosystem Overview
💰 Funding
$2B+ in total funding, with growing access to VCs and crypto investors.
👥 Talent
50K+ tech workers and access to University of Miami and FIU talent.
🏢 Infrastructure
10 accelerators, 25 co-working spaces, and growing support networks.
Key Strengths
Key Industries
Cost of Living
Top Accelerators
Top Funding Sources
Notable Companies
Frequently Asked Questions
Why is Miami a good city for startups?
Miami offers a rapidly growing startup ecosystem with no state income tax, strong fintech and crypto focus, gateway to Latin America, lower costs than major tech hubs, and an attractive lifestyle. The city has seen significant growth with $2B+ in funding and 5+ unicorns, particularly in fintech and crypto.
What are the top accelerators in Miami?
Top accelerators include Endeavor Miami, 500 Startups Miami, and TheVentureCity. The ecosystem is also supported by co-working spaces like WeWork and LAB Miami. Many accelerators focus on Latin America expansion and fintech.
How much does it cost to start a startup in Miami?
Miami has a cost of living index of 123 (23% above national average), making it more affordable than SF/NY. Average rent for a 1-bedroom is around $2,000/month. Combined with no state income tax, this makes Miami attractive for startups looking to extend their runway.
What industries are strongest in Miami?
Miami is particularly strong in fintech, crypto/blockchain, real estate tech, and Latin America-focused startups. The city has become a major hub for crypto companies and fintech startups serving Latin American markets.
Is Miami good for fintech and crypto startups?
Yes, Miami has emerged as a major fintech and crypto hub, with many companies relocating from other cities. The city's mayor has been actively promoting Miami as a crypto-friendly destination, and the ecosystem has strong connections to Latin American markets, making it ideal for fintech startups.
What VCs are active in Miami?
Active VCs include TheVentureCity, eMerge Americas, and Rokk3r Labs. Many Bay Area and New York VCs also actively invest in Miami startups, recognizing the opportunities in fintech, crypto, and Latin America expansion.
Compare with Other Ecosystems
🗽 New York
World's fintech capital with more capital. Higher costs but more opportunities.
Compare →🌴 Los Angeles
Similar consumer focus. Higher costs but more established ecosystem.
Compare →🍑 Atlanta
Similar size and costs. Strong logistics and enterprise focus.
Compare →🌴 Tampa
Similar Florida location. Lower costs and growing tech scene.
Compare →