Miami
The latest data and trends in Miami's startups, venture capital, exits and innovation.
Raised in Q3 2026
$1.0B
VC funding · closed quarter
Raised in 2026 Q1-3
$2.4B
VC funding · year to date
Combined enterprise value
$739.7B
VC-backed Miami startups · founded 1990+
Unicorns
43
$1B+ valuation or exit
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Sponsor this guide →Annual venture capital
Funding into Miami startups has grown nearly tenfold over the past five years, reaching $2.9B in 2025. With $2.4B raised in the first 9 months of 2026, the full year is on track to land at $3.2B, a +13% change versus 2025. The chart below shows annual funding totals; the latest year is annualised from observed-to-date data and represents the renderer's projection, not a closed quarter.
Quarterly venture capital
Yearly totals mask the quarter-by-quarter rhythm. The chart below shows Miami startups funding raised in each of the last 21 complete quarters through Q3 2026. All bars are actual closed-quarter sums, no projections, no in-progress quarters.
Miami venture capital raised by stage
How capital deployed into Miami startups is split across round sizes. In the trailing four quarters, 51% of capital landed in scaleup ($100M+) rounds, 41% in breakout ($15–100M), and 9% across startups (under $15M). Each panel below stacks the canonical sub-bands across Q3 2022 → Q3 2026.
Miami venture capital raised by stage, quarterly
Startup
Breakout
Scaleup
Most active investors in Miami
The most active investors in Miami startups ranked by the number of disclosed VC rounds they've participated in. Y Combinator leads with 53 rounds, followed by Techstars at 42. The table shows the top ten with their firm type, the rounds they've joined and the companies they've backed here (follow-on rounds make the first larger), and headquarters.
Most active Miami investors
| # | Investor | Type | Miami rounds | Miami companies | HQ |
|---|---|---|---|---|---|
| 1 | Accelerator | 53 | 30 | San Francisco, United States | |
| 2 | Accelerator | 42 | 36 | New York City, United States | |
| 3 | Florida Funders |
Venture capital | 34 | 20 | Tampa, United States |
| 4 | Venture capital | 32 | 24 | New York City, United States | |
| 5 | Miami Angels |
Angel fund | 28 | 21 | Miami, United States |
| 6 | Venture capital | 27 | 18 | Menlo Park, United States | |
| 7 | Fuel Venture Capital |
Venture capital | 25 | 15 | Miami, United States |
| 8 | Venture capital | 24 | 16 | San Francisco, United States | |
| 9 | Venture capital | 23 | 12 | New York City, United States | |
| 10 | Venture capital | 22 | 16 | Palo Alto, United States |
Source: Dealroom.co
Top companies
Two views of leadership in Miami startups: the most-funded companies all-time on the left, and the hottest companies right now by Dealroom Signal on the right. Total-funding figures include all capital sources tracked by Dealroom (VC plus grants, project finance, and other instruments). Signal is Dealroom's live growth ranking, these are the firms with the strongest recent momentum across team, timing, growth, and completeness.
Top funded
All-time total funding (includes non-VC sources)
- 1
Magic LeapPlantation, United States$3.7B - 2
PalantirAventura, United States$2.7B - 3
NeueHealthDoral, United States$1.6B - 4
Citadel SecuritiesMiami, United States$1.1B - 5
OpenEvidenceMiami, United States$1.0B - 6
Plant Agricultural SystemsFort Lauderdale, United States$800M - 7
KaseyaMiami, United States$699M - 8
DomaMiami, United States$478M - 9
FlowBay Harbor Islands, United States$450M - 10
Yuga LabsCoral Gables, United States$450M
Hottest (Dealroom Signal)
Ranked by Dealroom's growth indicator
- 1
OpenEvidenceMiami, United States96 - 2
eMedMiami, United States95 - 3
VultrWest Palm Beach, United States95 - 4
FlexMiami, United States95 - 5
Hydra HostMiami, United States94 - 6
SyncromuneFort Lauderdale, United States94 - 7
NodalMiami Beach, United States94 - 8
FelixMiami, United States93 - 9
ExowattMiami, United States93 - 10
Healthy TogetherMiami, United States93
Source: Dealroom.co
Notable rounds
In 2026 Q1-3 (year to date), the largest VC rounds in Miami startups reveal where capital is consolidating. The table below lists the 15 biggest rounds by amount, with date, company, round type, and lead investors; rounds without a public amount sit at the bottom with the amount left blank. Exits sit in the Unicorns & Exits section.
Biggest Miami rounds · Last 12 months to end of Q3 2026 (Top 15 rounds)
| Date | Company | Amount | Round | Lead investors |
|---|---|---|---|---|
| Sep 2026 | OpenEvidence | $250M | LATE VC | Andreessen Horowitz, Byers Capital |
| Jan 2026 | OpenEvidence | $250M | SERIES D | DST Global, Thrive Capital |
| Mar 2026 | eMed | $200M | SERIES A | Aon |
| Oct 2025 | MDLIVE | $200M | GROWTH EQUITY VC | SBI Group |
| Oct 2025 | OpenEvidence | $200M | SERIES C | Blackstone, Bond |
| Oct 2025 | BOND | $160M | GROWTH EQUITY VC | KKR |
| Feb 2026 | ILiAD Biotechnologies | $115M | SERIES B | RA Capital Management |
| Sep 2026 | Jeeves | $110M | SERIES D | CoinFund |
| Feb 2026 | Ubicquia | $106M | SERIES D | 67 Capital, Marunouchi Innovation Partners |
| Sep 2026 | Split Pay | $100M | SERIES B | Khosla Ventures |
| Jun 2026 | Hydra Host | $100M | SERIES A | Kindred Ventures |
| Mar 2026 | OpenFX | $94M | SERIES A | Accel, Atomico |
| Sep 2026 | Felix | $87M | SERIES B | Andreessen Horowitz |
| Feb 2026 | SynthBee | $80M | GROWTH EQUITY VC | Crosspoint Capital Partners |
| Aug 2026 | Exuma Biotech | $70M | LATE VC |
Biggest Miami rounds · 2026 Q1-3 (year to date) (Top 15 rounds)
| Date | Company | Amount | Round | Lead investors |
|---|---|---|---|---|
| Sep 2026 | OpenEvidence | $250M | LATE VC | Andreessen Horowitz, Byers Capital |
| Jan 2026 | OpenEvidence | $250M | SERIES D | DST Global, Thrive Capital |
| Mar 2026 | eMed | $200M | SERIES A | Aon |
| Feb 2026 | ILiAD Biotechnologies | $115M | SERIES B | RA Capital Management |
| Sep 2026 | Jeeves | $110M | SERIES D | CoinFund |
| Feb 2026 | Ubicquia | $106M | SERIES D | 67 Capital, Marunouchi Innovation Partners |
| Sep 2026 | Split Pay | $100M | SERIES B | Khosla Ventures |
| Jun 2026 | Hydra Host | $100M | SERIES A | Kindred Ventures |
| Mar 2026 | OpenFX | $94M | SERIES A | Accel, Atomico |
| Sep 2026 | Felix | $87M | SERIES B | Andreessen Horowitz |
| Feb 2026 | SynthBee | $80M | GROWTH EQUITY VC | Crosspoint Capital Partners |
| Aug 2026 | Exuma Biotech | $70M | LATE VC | |
| Jul 2026 | Flex | $70M | SERIES B | The Halo Fund |
| Jul 2026 | State Affairs | $70M | GROWTH EQUITY VC | Adam Hansmann, Alumni Ventures |
| Jan 2026 | Indigo | $50M | SERIES B | Rubicon Founders |
Biggest Miami rounds · Q3 2026 (Top 15 rounds)
| Date | Company | Amount | Round | Lead investors |
|---|---|---|---|---|
| Sep 2026 | OpenEvidence | $250M | LATE VC | Andreessen Horowitz, Byers Capital |
| Sep 2026 | Jeeves | $110M | SERIES D | CoinFund |
| Sep 2026 | Split Pay | $100M | SERIES B | Khosla Ventures |
| Sep 2026 | Felix | $87M | SERIES B | Andreessen Horowitz |
| Aug 2026 | Exuma Biotech | $70M | LATE VC | |
| Jul 2026 | Flex | $70M | SERIES B | The Halo Fund |
| Jul 2026 | State Affairs | $70M | GROWTH EQUITY VC | Adam Hansmann, Alumni Ventures |
| Jul 2026 | RapidPulse | $48M | SERIES B | Medtronic, S3 Ventures |
| Aug 2026 | TravelX | $45M | SERIES A | KaszeK Ventures |
| Sep 2026 | Comp AI | $34M | SERIES A | Grand Ventures, Roo Capital |
| Aug 2026 | Maximum | $30M | SEED | CRV |
| Jul 2026 | Pediatrica Health Group | $28M | SERIES B | Valspring Capital |
| Sep 2026 | Persona AI | $10M | SEED | Vine Ventures |
| Aug 2026 | Prosper Health | $10M | EARLY VC | Maverick Ventures |
| Aug 2026 | Genera | $10M | SEED | First Round Capital |
Source: Dealroom.co · Updated 12 Oct 2026
Unicorns & exits
Miami startups have minted 43 unicorns to date. Dealroom defines a unicorn as a company that has reached a $1B+ valuation or exit (verified and manually reviewed; other lists use different criteria, this is ours). Of those, 7 are decacorns, companies at a $10B+ valuation. The ecosystem also counts 28 thoroughbreds: companies generating $100M+ in revenue (a separate lens from unicorns, with some overlap). The chart below shows the cumulative count climbing each year, with the line tracking new unicorns minted in that year, peaking at 9 in 2021. On exits, the sector has produced 194 tracked exits since 2019 representing $80.9B in disclosed value. Notable exits in the data include Palantir ($22.0B, 2020), followed by NeueHealth ($11.2B, 2021), Ultimate Software ($11.0B, 2019).
The Miami startup funnel
Entrepreneurship is a power law. Of every Miami startup founded, only a fraction attract venture capital, and far fewer climb each successive funding level. This funnel traces VC-backed Miami startups from first cheque through to the rarest valuation outcomes. Mouth figures are annual means (2010–2024); pool stages count VC-backed companies founded since 1990 by total funding.
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Pool of VC-Backed Startups
$100K+ total funding
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Florida Funders
Miami Angels
Fuel Venture Capital


