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State · North America

Florida

State · United States · Pop. 23.4M · #15 region by EV

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

$729B+57%
Combined startup EV
$3.9B
VC invested (last 12mo)
4,511
Tracked startups
#29/ 69
Unicorns per 1M people · regions rank
🦄 Unicorns
49
49 live · +5 new in 2025 (incl. 0 new decacorns)
💎 Decacorns
7
$10B+ tier
🐎 Thoroughbreds
42
Top 1% growth · $500M+

Enterprise value · 2015–2025

Florida grew 13.9× since 2015

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

0 $200B $400B $600B $800B Florida · $733B 2015 2018 2021 2024 2025

Adjacent regions by EV

Top sub-locations

Inside Florida: top 7 metros

Metros inside Florida ranked by combined enterprise value, paired with their 5-year growth multiplier.

By enterprise value
1 Miami $619B
2 Jacksonville $40.5B
3 Tampa $33.2B
4 Orlando $22.6B
6 Melbourne (US) $2.8B
By 5-yr EV growth
1 Miami 13×
2 Jacksonville 5.4×
3 Orlando 4.8×
6 Melbourne (US) 3.3×
7 Tampa 3.1×

Startup funnel

Florida'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
990
Seed
832
Series A
650
Series B
316
Series C
152
Unicorn
43
Decacorn
7

* 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 Florida

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 7
Citadel SecuritiesFanaticsBlack KnightUltimate SoftwareChewyOpenEvidenceCelsius
Unicorns $1B+ valuation 43
TENEX.AIDomaOPKO HealthVultrAerocare HoldingsLuminarMoonPayITEL LaboratoriesREEF TechnologyD-Wave QuantumThreatLockerStaxMagic LeapFinxactMARA HoldingsCirkulMDLIVERedwireBetterflyCAST AI+23 more
Thoroughbreds+ $100M+ revenue 38
ChewyPalantirCelsiusKaseyaTrulieveNeueHealthMARA HoldingsNeoGenomics LaboratoriesPax GlobalModMedOPKO HealthRedwireDomaMagic LeapReliaQuestJushiAxoGenTreace Medical ConceptsCranewareTerran Orbital

Academia

Florida's academic flywheel

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

University-linked startup formation
37
University spinouts
1,533
Total alumni-founded companies
951
Of which startups (<$15M raised)
441
Breakouts ($15M-100M)
141
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Florida stacks up

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

Combined enterprise value
EV growth (5-yr ×) vs current EV
peer median 4.4× 1.6× 16.1× 30.6× $5.2B $337B $21.7T EV growth (5yr ×) Combined enterprise value (log) California Western United States (Pacific, excl. Bay Area) Northeastern United States Washington (State) Texas New York State Southeastern United States Massachusetts Midwestern United States Western United States (Mountain) Illinois Pennsylvania New Jersey Colorado Florida

Top overview

United States — top regions

Top regions in United States ranked by combined EV. Florida's row is highlighted.

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 California $21.7T 7.7× 976 $180B 36.4K
2 Western United States (Pacific, excl. Bay Area) $4.8T 8.1× 279 $29.9B 16.3K
3 Northeastern United States $3.5T 4.9× 571 $52.8B 30.2K
4 Washington (State) $3.1T 10.6× 72 $7.3B 3,203
5 Texas $2.3T 10.0× 107 $11.2B 6,215
6 New York State $1.5T 5.4× 270 $29.9B 15.3K
7 Southeastern United States $1.3T 5.3× 145 $11.4B 13.6K
8 Massachusetts $1.2T 4.5× 184 $13.5B 5,968
9 Florida $729B 9.7× 49 $3.9B 4,511
10 Midwestern United States $654B 3.6× 104 $9.2B 10.8K
11 Western United States (Mountain) $346B 4.0× 86 $9.1B 5,151
12 Illinois $264B 3.4× 51 $2.2B 3,354

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 Florida dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Florida's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Florida'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
Florida'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 Florida'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 Florida
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Florida
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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