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The Startup Ecosystem of Monterey

Monterey has 40 startups in our sample database.

CITY RANKING

In 2024, the startup scene of Monterey shows much promise after advancing in the Global Ecosystem Index by 27 spots.

National Ranking

97th
+
14
In United States

Regional Ranking

111th
+
15
In North America

Global Ranking

338th
+
27
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Monterey Top Startup Industries

Healthtech icon
Healthtech
#174 worldwide

4 startups

Ecommerce & Retail icon
Ecommerce & Retail
#215 worldwide

1 startups

Software & Data icon
Software & Data
#361 worldwide

7 startups

Ecosystem HealthCheck

Monterey Ecosystem Health Check

The health check tables allow you to look at the performance Monterey 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
Global338194233

ECOSYSTEM

Browse the startup ecosystem database of Monterey

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Startup Ecosystem Charts

Startup Funding in Monterey2017 - 2024

Startup Funding in Monterey 2017 - 2024

From 2022 to 2023, startup funding in Monterey has decreased by 79.83%. During this period, the number of deals in Monterey has decreased by 55.56%. Since 2017, total startup funding in Monterey exceeded US$ $490.97M.

Average Funding in 2023

$8.17M

Monterey
United States
-54.61% YoY

Funding in 2023

$32.66M

Monterey
United States
-79.83% YoY

Deals in 2023

4

Monterey
United States
-55.56% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B036912

Ecosystem

The Startup Ecosystem in Monterey

Startups in Monterey excel in Healthtech, Ecommerce & Retail, and Software & and Data. There are some notable success stories contributing to the city’s growing Healthtech industry. One of the most promising startups in Monterey in 2024 is Jane Technologies, The Long Drink Company, and MBX Biosciences.

Global Rank

Monterey is ranked within the top 400 startup ecosystems globally.

Top Industries

Monterey’s startups excel particularly in Healthtech where it ranks 174 and in Ecommerce & Retail, and Software & Data. 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
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Startups

Notable Startups in Monterey
Jane Technologies startup icon
Jane Technologies
The Long Drink Company startup icon
The Long Drink Company
MBX Biosciences startup icon
MBX Biosciences

ECOSYSTEM

Why should you join Monterey's Startup Ecosystem?

Overview

Within Monterey there is an increased attraction for entrepreneurs to set up their startups in industries such as Healthtech, Ecommerce & Retail, Software & Data. These three industries represent about 30% of the startups represented on the Startup Ecosystem Map of Monterey.

97th

National Rank

111th

Regional Rank

Overview

Monterey is The United States' 97th best startup ecosystem and is ranked 111th in North America. With a population of <0.1M people, Monterey is ranked 338th in the world. The city has some notable startup success stories including Jane Technologies.

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

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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 […]

Wed Apr 02 2025

Corporate Startup Activity Index 2025

For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index  is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]

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 […]