Florida has the U.S.’s second-highest rate of new business production, it ranks high on Fundable’s VC rankings, and Startup America says it’s the No. 3 state for annual revenue per startup, with $1.2 million. Here’s what else helped it hit No. 1:
1. Ambition has a local focus.
Long-standing local economies can spark an innovation gold rush. Miami’s tourism industry, for example, has birthed new hospitality IT startups. In Orlando, startups are focused on medical innovation. And the state’s immigrant community connects back home. “Top companies in the tech scenes in Buenos Aires or Sao Paulo are in Miami now,” says Miami-based serial entrepreneur Susan Amat, chair of Startup Florida.
Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.
YTD: Jan 1, 2026 - Oct 25, 2026 vs Jan 1, 2025 - Oct 25, 2025
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Number of Filings131Prior 126 +4.0%
Target Raise, Total$3.40BPrior $3.54B -3.9%
This YTD
Year prior
Change
Filings
131
126
+4.0%
Target raise
$3.40B
$3.54B
-3.9%
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This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.
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Florida has the U.S.’s second-highest rate of new business production, it ranks high on Fundable’s VC rankings, and Startup America says it’s the No. 3 state for annual revenue per startup, with $1.2 million. Here’s what else helped it hit No. 1:
