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The Startup Ecosystem of Boston Area

Boston Area has 3,312 startups in our sample database. This represents about 5% of The United States’s startups. Boston Area is the 4th best startup ecosystem in The United States.

CITY RANKING

Boston Area kept its position stable in the Global Startup Ecosystem Index of 2024, ranking 5th.

National Ranking

4th
0
In United States

Regional Ranking

4th
0
In North America

Global Ranking

5th
0
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Boston Top Startup Industries

Energy & Environment icon
Energy & Environment
#2 worldwide

65 startups

Healthtech icon
Healthtech
#2 worldwide

332 startups

Foodtech icon
Foodtech
#4 worldwide

37 startups

Ecosystem HealthCheck

Boston Ecosystem Health Check

The health check tables allow you to look at the performance Boston 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
IndustryGlobal rankMomentum YoYNumber of Startups
Global513312
Energy & Environment20145
Healthtech00.0000.0000.00
Foodtech00.0000.0000.00
Software & Data00.0000.0000.00
Edtech00.0000.0000.00
Hardware & IoT00.0000.0000.00
Ecommerce & Retail00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Boston

Download list
Athenahealth startup logo
Healthtech | Health Care
Unranked
Unranked
Suno startup logo
Software & Data | Artificial Intelligence
Unranked
TechTarget startup logo
Marketing & Sales | Adtech
Unranked
Analog Devices startup logo
Software & Data | Software and Data-Other
Unranked
Temu startup logo
Ecommerce & Retail | Consumer Goods
Unranked
Unranked
Creatio startup logo
Software & Data | Web Development
Unranked
Unranked
Jobcase startup logo
Software & Data | Data Analytics
Unranked
Mendix startup logo
Software & Data | Apps
Unranked

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Startup Ecosystem Charts

Startup Funding in Boston2017 - 2024

Startup Funding in Boston 2017 - 2024

From 2022 to 2023, startup funding in Boston has decreased by 28.97%. During this period, the number of deals in Boston has decreased by 30.83%. Since 2017, total startup funding in Boston exceeded US$ $134.37B.

Average Funding in 2023

$22.24M

Boston
United States
+2.68% YoY

Funding in 2023

$15.37B

Boston
United States
-28.97% YoY

Deals in 2023

691

Boston
United States
-30.83% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B03507001,0501,400

Ecosystem

The Startup Ecosystem in Boston

Our startup ecosystem map for Boston Area includes a sample of 3,312 tech companies. We have identified as unicorns 36 startups that have passed the USD 1 billion valuations. Contributing to the vitality of this startup ecosystem are the 9 pantheon member entities. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Boston Area is ranked within the top 10 startup ecosystems globally.

Top Industries

Boston Area’s startups excel particularly in Energy & Environment where it ranks 2 and in Healthtech, and Foodtech. Find out more

Top Cities for Startups in United States - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
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
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Download CSV file
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Startups

Notable Startups in Boston
Athenahealth startup icon
Athenahealth
Preply startup icon
Preply
Suno startup icon
Suno

ECOSYSTEM

Why should you join Boston's Startup Ecosystem?

Overview

Within Boston Area there is an increased attraction for entrepreneurs to set up their startups in industries such as Energy & Environment, Healthtech, Foodtech. These three industries represent about 13% of the startups represented on the Startup Ecosystem Map of Boston Area.

4th

National Rank

4th

Regional Rank

Overview

Boston Area is The United States' 4th best startup ecosystem and is ranked 4th in North America. With a population of 2M - 10M people, Boston Area is ranked 5th in the world. The city has some notable startup success stories including Athenahealth and its startup ecosystem infrastructure is strengthened by organizations such as General Catalyst and Starlab Studio.

ECOSYSTEM
Startup Infrastructure in Boston
With a large variety of initiatives, Boston Area's startup ecosystem stands out from other cities in North America. Boston Area offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Boston Area's most prominent support initiatives:

BLOG

Recent Posts

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The Impact of Government Support on Startups

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