🎸NASHVILLE ECOSYSTEM

Nashville Startup Ecosystem

Healthcare tech hub with music tech, fintech, and logistics focus. Rapidly growing ecosystem with lower costs.

1,000+ startups2 unicornsLast updated: January 2025

Ecosystem Overview

💰 Funding

$1.5B+ in total funding, with growing access to VCs and angel investors.

👥 Talent

50K+ tech workers and access to Vanderbilt University talent.

🏢 Infrastructure

8 accelerators, 15 co-working spaces, and growing support networks.

Key Strengths

Strong healthcare tech ecosystemMusic tech and entertainment industryLower costs compared to major citiesRapidly growing startup sceneAccess to Vanderbilt University talentBusiness-friendly environment

Key Industries

Healthcare TechMusic TechFintechLogisticsE-commerceReal Estate Tech

Cost of Living

$1,400/mo
Average 1BR Rent
$1,800/mo
Average 2BR Rent
98
Cost of Living Index (100 = National Average)

Frequently Asked Questions

Why is Nashville a good city for startups?

Nashville offers a rapidly growing startup ecosystem with strong healthcare tech focus, lower costs than major tech hubs, music tech industry, and growing fintech presence. The city has a vibrant startup scene with strong presence in healthcare tech, music tech, and fintech.

What are the top accelerators in Nashville?

Top accelerators include Jumpstart Foundry, The Nashville Entrepreneur Center, and Techstars Nashville. The ecosystem also benefits from strong healthcare industry connections and music industry presence.

How much does it cost to start a startup in Nashville?

Nashville has a cost of living index of 98 (2% below national average), making it one of the most affordable major startup hubs. Average rent for a 1-bedroom is around $1,300/month, allowing startups to significantly extend their runway.

What industries are strongest in Nashville?

Nashville is particularly strong in healthcare tech, music tech, fintech, and logistics. The city's position as a major healthcare hub (home to HCA Healthcare and many healthcare companies) makes it ideal for healthcare tech startups.

Is Nashville good for healthcare tech startups?

Yes, Nashville is one of the best cities for healthcare tech startups due to its position as a major healthcare hub, proximity to major healthcare companies, strong healthcare talent pool, and growing healthcare tech ecosystem.

What VCs are active in Nashville?

Active VCs include Jumpstart Foundry, Solidus Company, and Frist Cressey Ventures. Many national VCs also invest in Nashville startups, recognizing the opportunities in healthcare tech and the value proposition of lower costs.