The Startup Ecosystem of Salt Lake City
Salt Lake City has 791 startups in our sample database. This represents about 1% of The United States’s startups. Salt Lake City is the 14th best startup ecosystem in The United States.
CITY RANKING
In 2024, the startup scene of Salt Lake City shows much promise after advancing in the Global Ecosystem Index by 3 spots.
National Ranking
In United States
Regional Ranking
In North America
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Salt Lake City Top Startup Industries
21 startups
124 startups
14 startups
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Ecosystem HealthCheck
Salt Lake City Ecosystem Health Check
The health check tables allow you to look at the performance Salt Lake City 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 Salt Lake City
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Startup Ecosystem Charts
Startup Funding in Salt Lake City2017 - 2024
Startup Funding in Salt Lake City 2017 - 2024
From 2022 to 2023, startup funding in Salt Lake City has decreased by 54.13%. During this period, the number of deals in Salt Lake City has decreased by 44.33%. Since 2017, total startup funding in Salt Lake City exceeded US$ $12.18B.
Average Funding in 2023
$8.51M
Funding in 2023
$961.86M
Deals in 2023
113
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Salt Lake City
Global Rank
Salt Lake City is ranked within the top 40 startup ecosystems globally.
Top Industries
Salt Lake City’s startups excel particularly in Fintech where it ranks 24 and in Software & Data, 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 Salt Lake City
ECOSYSTEM
Why should you join Salt Lake City's Startup Ecosystem?
Overview
Within Salt Lake City there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Software & Data, Marketing & Sales. These three industries represent about 20% of the startups represented on the Startup Ecosystem Map of Salt Lake City.
14th
National Rank
15th
Regional Rank
Overview
Salt Lake City is The United States' 14th best startup ecosystem and is ranked 15th in North America. With a population of 1M - 2M people, Salt Lake City is ranked 34th in the world. The city has some notable startup success stories including Breeze Airways.
ECOSYSTEM
Startup Infrastructure in Salt Lake City
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Recent Posts
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 […]
Thu Feb 20 2025
Learning from Bulgaria: Stakeholder Engagement in Startup Ecosystems
In this episode of the Startup Ecosystem Podcast, we’re traveling back in time by revisiting an old recording to explore the state of Bulgaria’s startup ecosystem in 2022. This episode features an interview by Eli David Rokah, CEO of StartupBlink, with Momchil Vassilev, the Managing Director of Endeavor Bulgaria, discussing how different stakeholders’ engagement in […]