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Sunny Days for Tech: Startups Drawn to Miami’s Emerging Venture Ecosystem

Sunny Days for Tech: Startups Drawn to Miami’s Emerging Venture Ecosystem
Miami skyline on Oct. 27, 2021. Joe Raedle/Getty Images
Rachel Hartman
Rachel Hartman
Business Reporter
|Updated:

Shunning traditional hubs such as San Francisco and New York, entrepreneurs are taking their laptops and heading to—the beach. Miami Beach, that is.

With a skyrocketing number of venture dollars swirling in the air, it seems the breeze is beckoning tech startups to come and test the waters throughout the Miami area. Venture deals have amounted to $3.5 billion this year across 234 transactions, which is nearly three times more than was reported in 2020, according to PitchBook data.
Rachel Hartman
Rachel Hartman
Business Reporter
Rachel Hartman is a freelance writer with a background in business and finance. Her work has appeared in national and international publications for more than 10 years. She resides in Miami and travels frequently.
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