The State of StartupsSM in the Southeast Report is Out!

We’re excited to share the results of our client, BIP Capital’s, The State of Startups^SM in the Southeast report. The report’s purpose is to deliver a comprehensive overview of the venture capital and startup ecosystem in this region.

In this second annual write-up, BIP Capital has taken an in-depth look at startup activity throughout nine states in the southeastern United States over the five-and-a-half-year time period from January 1, 2013, through June 30, 2018.

The 2018 report reveals some interesting facts and trends, including:

• The number of startups and venture capital funds in the region continues to increase, reflecting the maturation of the startup ecosystem in the Southeast.
• Funding in the Southeast has grown significantly since 2016 – averaging 20.6 percent annual growth over the last two years (we are currently on pace for $6 billion this year).
• Increasingly, large venture capital funds from the technology “Innovation Hubs” (Boston, San Francisco Bay Area and New York) are spending more and more time in the Southeast as their interest in the region grows. You can see the presence of these firms in the state-by-state recap in the report.

The State of Startups^SM in the Southeast report goes into incredible detail on the region’s investment and startup activities. You can download it free here.