The Startup Ecosystem of Memphis
Memphis has 112 startups in our sample database.
CITY RANKING
In 2024, the startup scene of Memphis shows much promise after advancing in the Global Ecosystem Index by 9 spots.
National Ranking
In United States
Regional Ranking
In North America
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Memphis Top Startup Industries
5 startups
29 startups
14 startups
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Ecosystem HealthCheck
Memphis Ecosystem Health Check
The health check tables allow you to look at the performance Memphis 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 Memphis
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Startup Ecosystem Charts
Startup Funding in Memphis2017 - 2024
Startup Funding in Memphis 2017 - 2024
From 2022 to 2023, startup funding in Memphis has increased by 508.14%. During this period, the number of deals in Memphis has increased by 1650%. Since 2017, total startup funding in Memphis exceeded US$ $178.91M.
Average Funding in 2023
$89.66K
Funding in 2023
$6.28M
Deals in 2023
70
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Memphis
Global Rank
Memphis is ranked within the top 300 startup ecosystems globally.
Top Industries
Memphis’s startups excel particularly in Marketing & Sales where it ranks 142 and in Healthtech, and Social & Leisure. 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 |
ECOSYSTEM
Why should you join Memphis's Startup Ecosystem?
Overview
Within Memphis there is an increased attraction for entrepreneurs to set up their startups in industries such as Marketing & Sales, Healthtech, Social & Leisure. These three industries represent about 43% of the startups represented on the Startup Ecosystem Map of Memphis.
74th
National Rank
85th
Regional Rank
Overview
Memphis is The United States' 74th best startup ecosystem and is ranked 85th in North America. With a population of 1M - 2M people, Memphis is ranked 248th in the world. The city has some notable startup success stories including TruGreen.
ECOSYSTEM
Startup Infrastructure in Memphis
BLOG
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 […]