San Antonio
Metro area · United States · Pop. 2.6M
Enterprise value · 2015–2025
San Antonio grew 4.7× since 2015
Combined enterprise value of every tracked startup headquartered in San Antonio that's still operating today — public and private companies combined, totalled by founding-year cohort.
Adjacent cities by EV
Startup funnel
San Antonio'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.
* 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 San Antonio
Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.
Academia
San Antonio's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to San Antonio.
Vs. similarly-sized ecosystems
How San Antonio stacks up
Peers chosen from the same country (United States), sized closest to San Antonio by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.
Top overview
United States — top cities
Top cities in United States ranked by combined EV. San Antonio'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 |
| 50 | San Antonio | $11.4B | 3.8× | 4 | $151M | 240 |
Premium analytics
What we don't show on this page (yet)
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