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Metro area · North America

Miami

Metro area · United States · Pop. 6.2M · #14 city by EV

A public taster of the full Miami ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

$619B+67%
Combined startup EV
$2.9B
VC invested (last 12mo)
2,736
Tracked startups
#38/ 199
Unicorns per 1M people · cities rank
🦄 Unicorns
33
33 live $1B+ companies
💎 Decacorns
5
$10B+ tier
🐎 Thoroughbreds
28
Top 1% growth · $500M+

Enterprise value · 2015–2025

Miami grew 18.7× since 2015

Combined enterprise value of every tracked startup headquartered in Miami that's still operating today — public and private companies combined, totalled by founding-year cohort.

0 $175B $350B $525B $700B Miami · $619B 2015 2018 2021 2024 2025

Adjacent cities by EV

Startup funnel

Miami's power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
603
Seed
506
Series A
416
Series B
192
Series C
95
Unicorn
29
Decacorn
5

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Notable companies

Top private companies in Miami

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Decacorns $10B+ valuation 5
Citadel SecuritiesChewyUltimate SoftwareOpenEvidenceCelsius
Unicorns $1B+ valuation 29
MDLIVEFlowBetterflyMSP RecoveryKaseyaCentral ReachModMedVultrUpHealthMARA HoldingsPicsArteMedOPKO HealthJetSmarterDomaREEF TechnologyMoonPayMagic LeapJeevesTechnisys+9 more
Thoroughbreds+ $100M+ revenue 26
ChewyPalantirCelsiusKaseyaNeueHealthMARA HoldingsModMedOPKO HealthDomaMagic LeapJushiCranewareTerran OrbitalOpenEvidenceMoonPayNewAmsterdam PharmaCitadel SecuritiesShipMonkBioStem TechnologiesUnybrands

Academia

Miami's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Miami.

University-linked startup formation
19
University spinouts
424
Total alumni-founded companies
259
Of which startups (<$15M raised)
122
Breakouts ($15M-100M)
43
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Miami stacks up

Peers chosen from the same country (United States), sized closest to Miami by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
$2T
$1.2T
$1.2T
Miami
$619B
$399B
$256B
$195B
EV growth (5-yr ×) vs current EV
peer median 4.0× 1.1× 74.1× 147.0× $5.1B $321B $20.1T EV growth (5yr ×) Combined enterprise value (log) Bay Area Seattle Austin New York City Boston Los Angeles San Diego Washington DC Chicago Dallas Philadelphia Research Triangle Phoenix Atlanta Salt Lake City Denver Minneapolis–Saint Paul Houston Miami

Top overview

United States — top cities

Top cities in United States ranked by combined EV. Miami's row is highlighted.

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 Bay Area $20.1T 7.9× 777 $157B 24.3K
2 Seattle $3.1T 10.6× 68 $6.6B 2,935
3 Austin $2T 14.0× 56 $8.1B 2,481
4 New York City $1.7T 5.3× 296 $31.2B 16.4K
5 Boston $1.2T 4.7× 185 $13.6B 6,194
6 Los Angeles $1.2T 5.8× 133 $18.3B 8,432
7 Miami $619B 12.9× 33 $2.9B 2,736
8 San Diego $399B 6.2× 52 $3.3B 2,230
9 Washington DC $317B 4.2× 45 $3.5B 2,318
10 Chicago $256B 3.5× 50 $2.1B 2,924
11 Dallas $195B 3.9× 31 $1.5B 1,866
12 Philadelphia $143B 6.8× 13 $2.1B 2,109

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Miami dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Miami's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Miami's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
Miami's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where Miami's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in Miami
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Miami
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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