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The Startup Ecosystem of Grand Rapids

Grand Rapids has 93 startups in our sample database.

CITY RANKING

In 2024, the startup scene of Grand Rapids shows much promise after advancing in the Global Ecosystem Index by 9 spots.

National Ranking

75th
-
1
In United States

Regional Ranking

86th
0
In North America

Global Ranking

251st
+
9
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Grand Rapids Top Startup Industries

Hardware & IoT icon
Hardware & IoT
#163 worldwide

6 startups

Healthtech icon
Healthtech
#175 worldwide

12 startups

Fintech icon
Fintech
#179 worldwide

4 startups

Ecosystem HealthCheck

Grand Rapids Ecosystem Health Check

The health check tables allow you to look at the performance Grand Rapids 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
Global25193
Hardware & IoT163810
Healthtech00.0000.0000.00
Fintech00.0000.0000.00
Ecommerce & Retail00.0000.0000.00
Social & Leisure00.0000.0000.00
Software & Data00.0000.0000.00
Edtech00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Grand Rapids

Download list
CertifID startup logo
Hardware & IoT | Hardware
Unranked
VNN startup logo
Edtech | Education-Other
Unranked
Payload startup logo
Software & Data | Enterprise Technology
Unranked
Unranked
Unranked
Unranked
Lantern startup logo
Fintech | Financial Services
Unranked
Wedge startup logo
Hardware & IoT | Hardware
Unranked
BAMF Health startup logo
Healthtech | Biotechnology
Unranked
Unranked
Hoopla startup logo
Ecommerce & Retail | Ecommerce & Retail-Other
Unranked

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Startup Ecosystem Charts

Startup Funding in Grand Rapids2017 - 2024

Startup Funding in Grand Rapids 2017 - 2024

From 2022 to 2023, startup funding in Grand Rapids has increased by 8.41%. During this period, the number of deals in Grand Rapids has increased by 33.33%. Since 2017, total startup funding in Grand Rapids exceeded US$ $412.93M.

Average Funding in 2023

$3.68M

Grand Rapids
United States
-18.69% YoY

Funding in 2023

$88.38M

Grand Rapids
United States
+8.41% YoY

Deals in 2023

24

Grand Rapids
United States
+33.33% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B06121824

Ecosystem

The Startup Ecosystem in Grand Rapids

Startups in Grand Rapids excel in Hardware & IoT, Healthtech, and and Fintech. There are some notable success stories contributing to the city’s growing Hardware & IoT industry. One of the most promising startups in Grand Rapids in 2024 is CertifID, VNN, and Payload.

Global Rank

Grand Rapids is ranked within the top 300 startup ecosystems globally.

Top Industries

Grand Rapids’s startups excel particularly in Hardware & IoT where it ranks 163 and in Healthtech, and Fintech. 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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Startups

Notable Startups in Grand Rapids
CertifID startup icon
CertifID
VNN startup icon
VNN
Payload startup icon
Payload

ECOSYSTEM

Why should you join Grand Rapids's Startup Ecosystem?

Overview

Within Grand Rapids there is an increased attraction for entrepreneurs to set up their startups in industries such as Hardware & IoT, Healthtech, Fintech. These three industries represent about 24% of the startups represented on the Startup Ecosystem Map of Grand Rapids.

75th

National Rank

86th

Regional Rank

Overview

Grand Rapids is The United States' 75th best startup ecosystem and is ranked 86th in North America. With a population of 1M - 2M people, Grand Rapids is ranked 251st in the world. The city has some notable startup success stories including CertifID.

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

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 […]

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 […]