The Startup Ecosystem of Minneapolis
Minneapolis has 578 startups in our sample database. This represents about 1% of The United States’s startups. Minneapolis is the 17th best startup ecosystem in The United States.
CITY RANKING
In 2024, the startup scene of Minneapolis developed considerably and increased in the Global Ecosystem Index by 5 spots.
National Ranking
In United States
Regional Ranking
In North America
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Minneapolis Top Startup Industries
65 startups
121 startups
15 startups
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Ecosystem HealthCheck
Minneapolis Ecosystem Health Check
The health check tables allow you to look at the performance Minneapolis 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 Minneapolis
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Startup Ecosystem Charts
Startup Funding in Minneapolis2017 - 2024
Startup Funding in Minneapolis 2017 - 2024
From 2022 to 2023, startup funding in Minneapolis has decreased by 65.89%. During this period, the number of deals in Minneapolis has decreased by 37.82%. Since 2017, total startup funding in Minneapolis exceeded US$ $17.28B.
Average Funding in 2023
$8.02M
Funding in 2023
$777.67M
Deals in 2023
97
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Minneapolis
Global Rank
Minneapolis is ranked within the top 50 startup ecosystems globally.
Top Industries
Minneapolis’s startups excel particularly in Healthtech where it ranks 22 and in Software & Data, and Hardware & IoT. 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 Minneapolis
ECOSYSTEM
Why should you join Minneapolis's Startup Ecosystem?
Overview
Within Minneapolis there is an increased attraction for entrepreneurs to set up their startups in industries such as Healthtech, Software & Data, Hardware & IoT. These three industries represent about 35% of the startups represented on the Startup Ecosystem Map of Minneapolis.
17th
National Rank
19th
Regional Rank
Overview
Minneapolis is The United States' 17th best startup ecosystem and is ranked 19th in North America. With a population of 2M - 10M people, Minneapolis is ranked 42nd in the world. The city has some notable startup success stories including When I Work and its startup ecosystem infrastructure is strengthened by organizations such as Rivian and Regus - Minnesota, Minneapolis - Fifth Street Towers.
ECOSYSTEM
Startup Infrastructure in Minneapolis
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 […]