Miami has quickly become one of the biggest startup tech hubs in America. The diverse culture and recent influx of venture capital funds is creating a safe haven for Miami startups to thrive. Following the companies that are becoming successful is a quick and easy way to learn what works and follow in their footsteps.
Learn exactly what startups are making waves in the magic city and get access to the investors, funding amounts, and industries that are all leading the charge.
Top Startups in Miami to Follow
Every year, new startups pull to the forefront of their industry through exciting innovation, tech, and industry-disrupting business models. We’ve rounded up the top Miami startups of 2024 that startup lovers, investors, and aspiring entrepreneurs should follow.
Disclaimer: With so many exciting Miami startups launching and growing, we aren’t able to cover them all. Furthermore, the startups that are listed below are not officially ranked and are listed in no particular order.
1. Novo
- Industry: Fintech
- Founders: Michael Rangel, Tyler McIntyre
- Founded In: 2016
- Funding: $295.5 Million
- Investors Include: GGV Capital, Crosslink Capital
Novo is a trailblazing fintech startup with a singular mission: transforming the way small businesses handle their banking needs. This innovative company merges advanced technology with customer-centric design to offer a powerful, yet user-friendly, banking platform.
As an impressive addition, Novo’s integration capabilities with popular ecommerce and accounting tools like Shopify and Xero ensure a seamless banking experience, catering to the multifaceted needs of today’s entrepreneurs.
2. Moderne
- Industry: Cybersecurity and Information Technology
- Founder(s): Jonathan Schneider and Olga Kundzich
- Founded In: 2020
- Funding: Series A, $19.7 Million
- Investors Include: Intel Capital, True Ventures, and Mango Capital
Moderne is a code automation and remediation software that works to conduct API changes, identify and confront vulnerabilities, and improve the quality of hundreds of millions of lines of code within a couple seconds. With continuous improvement facilitated by the Moderne platform, code security sees major improvement.
3. Influur
- Industry: Influencers
- Founders: Alessandra Angelini, Fefi Oliveira, Paula Coleman, Valeria Angelini
- Founded In: 2021
- Funding: $5.8 Million
- Investors Include: Magma Partners, Latin World Entertainment
Influencers have taken over social media and millions of users look to them for advice on the best products or services in the market. By leveraging this huge market awareness, Influur is looking to become the platform that helps bridge the gap between influencers and major brands.
Once a brand signs on to the platform, they can set up a marketing campaign they want to run and have influencers reach out to them to apply. This helps brands find the right type of influencer for them, and it also secures funding so that brands don’t lose out on valuable resources.
4. Yuga Labs
- Industry: Non-Fungible Tokens (NFTs)
- Founders: Greg Solano, Wylie Aronow
- Founded In: 2021
- Funding: $450 Million
- Investors Include: Lightspeed Venture Partners, Coinbase, and Tiger Global Management
The world of NFTs has opened up a huge hole for companies to create innovative services that have never existed before. Yuga Labs is attempting to create a blockchain tech company that develops NFTs and digital collectibles for other brands.
The company partners with different brands and helps create NFTs and digital collectibles all based on the Apecoin token. Yuga Labs looks to be one of the leading contributors to Web3 by implementing and creating easy access for brands to be part of the change.
5. CoinRoutes
- Industry: Cryptocurrency
- Founders: Dave Weisberger, Ian Weisberger
- Founded In: 2017
- Funding: Series B, $34 Million
- Investors Include: Mirana Ventures, Ayon Capital, and Celsius Network
As crypto becomes a larger part of the world’s economy due to its blockchain technology, CoinRoutes is helping everyone jump on board by creating crypto trading software. This allows anyone looking to trade in crypto, in the same way you would the stock market, to have easier access to data points that could help increase returns.
The platform promises to lower exchange fees, achieve better prices, and allow traders to use up to 50 different exchanges with just one interface. CoinRoutes has built several SaaS trading techs such as algorithms, market access, TCA, and market data that all traders require for the crypto market.
6. Crown Affair
- Industry: Consumer Goods and Beauty
- Founder(s): Dianna Cohen
- Founded In: 2019
- Funding: Debt Financing, $8.8 Million
- Investors Include: True Beauty Ventures, Rose Street Capital, and Montage Ventures
Crown Affair is a luxury haircare brand that pairs stunning design and exceptional quality to deliver an at-home hair experience unlike any other. Scientists from across the globe develop each product with an emphasis on clean ingredients and formulas without sulfates and parabens.
7. GamerGains
- Industry: Gaming and Blockchain
- Founder(s): Jonathan Brovda and Jake Brovda
- Founded In: 2021
- Funding: Seed, $5.8 Million
- Investors Include: Winklevoss Capital, Alumni Ventures, and Global Founders Capital
The gaming industry is always open to new technologies being integrated into existing systems and crypto is no different. With GamerGains, users are able to connect their gaming accounts to GamerGains in order to earn crypto as they play their favorite games. All users have to do is complete challenges and achievements in order to unlock more crypto.
Gamers can even wager their crypto with other users to accrue even more rewards. Anyone using Xbox, PlayStation, or Stream can connect to the service and start earning crypto.
8. Fanatiz
- Industry: Sports
- Founder(s): Matias Rivera
- Founded In: 2017
- Funding: Series B, $17 Million
- Investors Include: 777 Partners, Rhombuz VC, and TRUE Capital Management
Fanatiz is a sports streaming platform that offers live sports channels across various platforms — from iOS to Chromecast. Targeting Latin American audiences, Fanatiz makes watching the sports its audiences are most passionate about easy — regardless of the network or league. All fans need is a stable internet connection and a Fanatiz account.
9. OneOf
- Industry: NFT
- Founders: Lin Dai, Joshua James, Adam Fell, Jared Christopherson, Bill Tai, Suna Said
- Founded In: 2021
- Funding: $12.6 Million
- Investors Include: Sangha Capital, Tezos Foundation, and Snow Hill Partners
Another company on this list that is focusing on creating NFTs for a specific industry is OneOf. They’ve set their sights on the music industry, but they have also taken an interest in sports-related NFTs as well.
By connecting fans with the Web3 experience, they can take advantage of purchasing their own NFTs using crypto, debit cards, or credit cards.
10. Dispatch
- Industry: Fintech and Financial Services
- Founder(s): Robert Nance, Madalyn Armijo, and Rafi Lurie
- Founded In: 2022
- Funding: Seed, $14.9 Million
- Investors Include: Great Oaks Venture Capital, F-Prime Capital, and CoFound Partners
Financial institutions, fintech companies, and financial advisors use Dispatch to manage client data across their entire technology stack, including popular business software like Salesforce and Wealthbox. The Dispatch platform makes onboarding new clients quick and easy while also reducing errors that occur frequently with manual data entry.
Fintech clients also can leverage Dispatch to build seamless customer experiences through integrations that inform user-friendly workflows and two-way data syncing.
11. Goody
- Industry: Ecommerce and Software
- Founder(s): Edward Lando
- Founded In: 2020
- Funding: Series A, $32.1 Million
- Investors Include: New Enterprise Associates, Global Founders Capital, and SoftBank Latin America Ventures
Used by Google, Stripe, and Dropbox, Goody is a business gifting platform that makes it easy to send corporate gifts to clients or employees — no address needed.
The platform works through text message, notifying the recipient directly through their mobile phone. Recipients can then exchange gifts or accept them, and then add their address securely.
Goody is an especially powerful tool for sales teams, allowing them to secure more meetings and make strong impressions with potential or existing clients. Plus, the platform integrates with more than 30 sales platforms to enable teams to track gifts and measure results.
12. Huddle
- Industry: Product Development
- Founder(s): Michael Saloio and Stephanie Golik
- Founded In: 2020
- Funding: Seed, $3.4 Million
- Investors Include: Miami Angels, Outlander VC, and Wave Capital
Huddle is a business-to-business (B2B) startup that pairs startups with pop-up product development teams from designers to builders. Users simply submit a request with information about a company, get paired with a team of top startup-savvy staff, and jump into action. Through Huddle, brands receive an experienced partner with which to launch their product and go to market with a splash.
13. Flex
- Industry: Fintech
- Founder(s): Hadi Solh and Zaid Rahman
- Founded In: 2020
- Funding: Debt Financing, $123 Million
- Investors Include: Home Depot Ventures, Florida Funders
Flex is a financial platform with everything businesses need to manage their finances with ease. The platform streamlines everything from business banking and payments to expense management. Plus, Flex offers a corporate credit card with flexible credit limits for growing businesses and individual employee credit cards at no extra cost.
The Flex platform is built to scale, making it a great partner to startups. Each included feature helps businesses reach their goals while supporting their financial wellness.
14. 8Base
- Industry: Web Applications
- Founders: Albert Santalo
- Founded In: 2017
- Funding: Series A, $15.3 Million
- Investors Include: Techstars, Alumni Ventures, and Strawberry Creek Ventures
As a tech entrepreneur with a lot of ideas, it can be difficult seeing them all through to fruition. If you had some help on the coding end that you could use to develop and create innovative applications, ideas would become reality much quicker. All that is possible with 8Base, which helps build web applications with a low-code JavaScript framework that’s built specifically for developers.
There are a host of libraries and other application components to use, and many teams can work together from developers to designers to product managers. Businesses are able to build powerful and scalable backend programs without all the technical development skills needed.
FAQs
Is Miami good for startups?
Yes, Miami is great for startups. As of April 2022, Miami is the No. 1 tech job growth city in the US as well as the No. 1 tech job migration city. They are also the No. 1 in the Southeast US in terms of venture capital dollars invested. The big change has primarily come from the COVID-19 pandemic, where Silicon Valley workers moved to different cities for lower tax breaks and other allowances.
How many startups are in Miami?
There are a lot of startups in Miami, and the city is becoming a major hub for tech innovation. There are around 248 startups for every 10,000 people in the city.
What are popular startup industries in Miami?
Tech is becoming a huge industry in Miami with a focus on Web3 applications like NFTs and cryptocurrency. There is also a focus on the gaming industry and integrating NFTs and crypto to enhance the experience for gamers. FinTech and Clean Tech are also industry leaders in the city.
What are some successful Miami startups?
One of the most successful startup companies out of Miami has been Novo, an online banking system for businesses. Others include Papa, Pipe, H.I.G. Capital, and REEF technology.
How do I start a startup in Miami?
In order to launch a startup in Miami, you’ll need to follow several crucial steps. You’ll want to develop your startup idea, create a roadmap to success, build your team, and formally establish your startup in Florida. Then, you’ll need to secure funding, set up accounting, establish the brand, and launch and scale your startup.