Top US Startup Ecosystems Ranked for May 2024

Top US Startup Ecosystems Ranked for May 2024

Author:Β 

Peter Walker

|

Read time:Β 

1 minute

Published date:Β 

May 14, 2024

Based on $44.8B in priced round investment over the past 12 months: Bay Area grew its share to 39.8% while NYC and Boston remain neck and neck for the...

LinkedIn: Top US Startup Ecosystems Ranked for May 2024

New ranking of the top startup ecosystems in the US - top 5 things to know.

Data by metro area, includes $44.8 billion in priced round investment over the last 12 months on Carta. Ecosystems must have 25+ rounds to be included.

𝗧𝗼𝗽 𝟱 π—§π—΅π—Άπ—»π—΄π˜€ 𝗧𝗼 π—žπ—»π—Όπ˜„

1. Bay Area still holds the lead - and it has actually grown its share over the last 12 months (39.8% share).

2. NYC and Boston are neck and neck for second place!

3. LA - down in many sectors, but first in Consumer.

4. Is San Diego out-growing the "only Biotech" label? Strong showing in SaaS and Consumer there.

5. Austin is a little a bit of everything!

Share with friends, use in debates :) and if you want the static graphic for the full ranking, comment below πŸ™

More data out from us every week in our Data Minute newsletter: https://lnkd.in/gNa_Dk-F

#cartadata #startups #fundraising #venturecapital #founders

Peter Walker
Author: Peter Walker
Peter Walker runs the Insights team at Carta, focused on discovering key data and narratives across the private capital ecosystem. In a former life, he was a marketing executive for a media analytics startup and led the data visualization team at the Covid Tracking Project.

DISCLOSURE: This communication is on behalf of eShares, Inc. dba Carta, Inc. ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. Β© 2026 Carta. All rights reserved. Reproduction prohibited.