Which startup industries hold the top spots in key states?
Aggregated the total capital invested across all Carta cap table customers in 2022 for 7 key venture capital states. A few key points about the industry breakdown:
1. SaaS reigns. SaaS received the most funding in 5 of 7 key markets last year.
2. Biotech has a second home outside the Bay in MA.
3. Florida doesn't have a real dominant startup industry - yet (maybe web3 in the future?) 4. Consumer is 4th in almost every key market.
5. Healthtech moved up this list from last year in 3 states.
6. Everyone says hardware doesn't get funding - but it makes the top 5 in many mature VC ecosystems.
Which sector will dethrone SaaS in the coming years?
#cartadata #startups #industry
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