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The Startup Ecosystem of Springfield

Springfield has 49 startups in our sample database.

CITY RANKING

Since 2024, Springfield lost 48 spots in the Global Startup Ecosystem Index, having now positioned itself as 364th worldwide.

National Ranking

105th
-
13
In United States

Regional Ranking

119th
-
14
In North America

Global Ranking

364th
-
48
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Springfield Top Startup Industries

Edtech icon
Edtech
#233 worldwide

3 startups

Hardware & IoT icon
Hardware & IoT
#276 worldwide

2 startups

Software & Data icon
Software & Data
#278 worldwide

11 startups

Ecosystem HealthCheck

Springfield Ecosystem Health Check

The health check tables allow you to look at the performance Springfield 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
Global36449
Edtech233-2154
Hardware & IoT00.0000.0000.00
Software & Data00.0000.0000.00
Healthtech00.0000.0000.00
Ecommerce & Retail00.0000.0000.00
Energy & Environment00.0000.0000.00
Fintech00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Springfield

Download list
BigMachines startup logo
Hardware & IoT | Manufacturing
Unranked
CARV startup logo
Social & Leisure | Gaming
Unranked
MachineMetrics startup logo
Software & Data | Data Analytics
Unranked
BriteCore startup logo
Software & Data | Enterprise Technology
Unranked
CircuitHub startup logo
Hardware & IoT | Consumer Electronics
Unranked
Unranked
Unranked
Unranked
SystemOne startup logo
Software & Data | Enterprise Technology
Unranked
Unranked

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Startup Ecosystem Charts

Startup Funding in Springfield2017 - 2024

Startup Funding in Springfield 2017 - 2024

From 2022 to 2023, startup funding in Springfield has decreased by 31.78%. During this period, the number of deals in Springfield has decreased by 80%. Since 2017, total startup funding in Springfield exceeded US$ $263.40M.

Average Funding in 2023

$9.70M

Springfield
United States
+241.12% YoY

Funding in 2023

$9.70M

Springfield
United States
-31.78% YoY

Deals in 2023

1

Springfield
United States
-80.00% 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 Springfield

Startups in Springfield excel in Edtech, Hardware & IoT, and Software & and Data. There are some notable success stories contributing to the city’s growing Edtech industry. One of the most promising startups in Springfield in 2024 is BigMachines, CARV, and MachineMetrics.

Global Rank

Springfield is ranked within the top 400 startup ecosystems globally.

Top Industries

Springfield’s startups excel particularly in Edtech where it ranks 233 and in Hardware & IoT, 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
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 Springfield
BigMachines startup icon
BigMachines
CARV startup icon
CARV
MachineMetrics startup icon
MachineMetrics

ECOSYSTEM

Why should you join Springfield's Startup Ecosystem?

Overview

Within Springfield there is an increased attraction for entrepreneurs to set up their startups in industries such as Edtech, Hardware & IoT, Software & Data. These three industries represent about 33% of the startups represented on the Startup Ecosystem Map of Springfield.

105th

National Rank

119th

Regional Rank

Overview

Springfield is The United States' 105th best startup ecosystem and is ranked 119th in North America. With a population of 0.1M - 0.5M people, Springfield is ranked 364th in the world. The city has some notable startup success stories including BigMachines.

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

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 […]