Entrepreneurs and investors both know that, for better and worse, the San Francisco Bay Area is the top dog in basically everyone’s rankings of startup hubs. Its history as the cradle of the consumer computer age, present as the home of lots and lots of “unicorns” and penchant for wearing startup-branded hoodies and bringing dogs to the office all make it a lovely and dynamic place to start a company.

But, it’s also foggy and heinously expensive.

For those entrepreneurs and investors who either can’t, or do not want to be based in the Bay Area, the question begs to be asked: Which other hubs of investment activity stand out from the crowd? Which startup hubs performed the best in 2015 relative to the previous few years? In order to answer these questions, we pulled Mattermark’s deal information from over 6,700 Angel, Seed, Series A and Series B investments made in over 4,900 companies based in sixteen different US cities between January 1, 2012 and December 31, 2015.

For those of you readers who want to escape Bay Area rents, or just want to stay closer to your hometown, here is the short answer. Although the dollar amount is kind of arbitrary, let’s say one wanted to be in a city that has an average of $250 million or more annual investment in early stage companies, has general upward momentum in deal making activity over the past few years, and has had a particularly high rate of investment activity in 2015. Surprisingly, only two regions that meet all the criteria are Seattle and the Denver/Boulder area. However, if you’re in the mood to compromise on one of those, places like Austin, TX, Nashville, TN, Raleigh, NC, Washington, D.C., and Salt Lake City, UT are promising alternatives.

For all you table and chart fanatics, this is going to be a really fun read.

Discussion

kenwood

NEW 1 year ago

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kenwood

NEW 1 year ago

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kenwood

NEW 1 year ago

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