The Startup Ecosystem of Philadelphia
Philadelphia has 941 startups in our sample database. This represents about 1% of The United States’s startups. Philadelphia is the 15th best startup ecosystem in The United States.
CITY RANKING
Since 2024, Philadelphia lost 2 spots in the Global Startup Ecosystem Index, having now positioned itself as 35th worldwide.
National Ranking
In United States
Regional Ranking
In North America
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Philadelphia Top Startup Industries
22 startups
105 startups
30 startups
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Ecosystem HealthCheck
Philadelphia Ecosystem Health Check
The health check tables allow you to look at the performance Philadelphia has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
- Overperformance
- Performance equal to global ranking
- Underperformance
ECOSYSTEM
Browse the startup ecosystem database of Philadelphia
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Startup Ecosystem Charts
Startup Funding in Philadelphia2017 - 2024
Startup Funding in Philadelphia 2017 - 2024
From 2022 to 2023, startup funding in Philadelphia has decreased by 47.36%. During this period, the number of deals in Philadelphia has decreased by 12.56%. Since 2017, total startup funding in Philadelphia exceeded US$ $18.57B.
Average Funding in 2023
$6.42M
Funding in 2023
$1.25B
Deals in 2023
195
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Philadelphia
Global Rank
Philadelphia is ranked within the top 40 startup ecosystems globally.
Top Industries
Philadelphia’s startups excel particularly in Foodtech where it ranks 11 and in Healthtech, and Marketing & Sales. Find out more
Top Cities for Startups in United States - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
1st 0 | 1st 0 | 710.966 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 2nd 0 | 251.377 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 4th 0 | 121.937 | 00.00 | 00.00 | 00.00 | |
4th 0 | 5th 0 | 109.679 | 00.00 | 00.00 | 00.00 | |
5th 0 | 12th 0 | 52.052 | 00.00 | 00.00 | 00.00 | |
6th 0 | 15th 0 | 42.256 | 00.00 | 00.00 | 00.00 | |
7th + 1 | 17th + 4 | 41.259 | 00.00 | 00.00 | 00.00 | |
8th - 1 | 19th - 1 | 37.971 | 00.00 | 00.00 | 00.00 | |
9th 0 | 24th - 2 | 34.098 | 00.00 | 00.00 | 00.00 | |
10th 0 | 25th + 1 | 33.768 | 00.00 | 00.00 | 00.00 |
Startups
Notable Startups in Philadelphia
ECOSYSTEM
Why should you join Philadelphia's Startup Ecosystem?
Overview
Within Philadelphia there is an increased attraction for entrepreneurs to set up their startups in industries such as Foodtech, Healthtech, Marketing & Sales. These three industries represent about 17% of the startups represented on the Startup Ecosystem Map of Philadelphia.
15th
National Rank
16th
Regional Rank
Overview
Philadelphia is The United States' 15th best startup ecosystem and is ranked 16th in North America. With a population of 2M - 10M people, Philadelphia is ranked 35th in the world. The city has some notable startup success stories including DuckDuckGo and its startup ecosystem infrastructure is strengthened by organizations such as Comcast and WeWork Northern Liberties.
ECOSYSTEM
Startup Infrastructure in Philadelphia
BLOG
Recent Posts
Mon Apr 14 2025
From Service-Based to Product-Based Economy – Lessons from North Macedonia
In this special episode of the Startup Ecosystem Podcast, we revisit a conversation from two years ago, recorded during a visit to North Macedonia. Eli David Rokah, CEO of StartupBlink, sits down with Igor Madjov, founder of Startup Macedonia, to explore how Skopje is evolving from a service-based IT outsourcing city into a product-driven startup […]
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Thu Mar 06 2025
The Impact of Government Support on Startups
A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]