Miami lies at the nexus between Latin America and North America, granting it access to Latin American markets, along with expertise and capital from North America. Although it is better known as a tourist destination due to its beaches and weather, Miami is just beginning to take shape as a regional technology hub. The eMerge Americas tech conference convenes thousands of attendees annually, and connects investors with innovators from all over the hemisphere. Entrepreneurs in Florida benefit from a favorable tax structure, a low cost of doing business, and one of the fastest growing populations in the entire country. Despite Miami’s size, the small startup ecosystem means that people are more easily accessible than they would be in more mature markets. Organizations such as Venture Hive, The Knight Foundation, and Endeavor Miami provide the ecosystem with valuable support and needed mentoring. Miami still faces several challenges, including the lack of a major venture capital firm that is able to fund companies after their seed rounds, and the segmentation of the market across geographic and industrial lines.
These businesses offer industry expertise and are a source of startup talent and potential customers. They help fuel the local startup community.
Up and coming startup
Acquired for $1.65B by
Up and coming startup
Up and coming startup
Susan is the founder of Venture Hive, an accelerator with daily programming from mentors and business leaders, events for the greater South Florida tech community, and a magnet for international startups wanting to make Miami their new home.
As the Miami Program Director for the The Knight Foundation, Matt leads the communities program in South Florida and launched the foundation’s initiative aimed at connecting and propelling Miami’s emerging entrepreneurs and startups as a way of building community. He also serves on the boards of Endeavor Miami, The LAB Miami and the Patricia and Phillip Frost Museum of Science in Miami.
As the CEO of Rokk3r Labs, Nabyl facilitates the overall direction, oversees the strategic business and technology development, and manages the intellectual property portfolio. Rokk3r Labs is an accelerator where entrepreneurs partner with strategists, creatives, and engineers to co-build companies.
Adriana Cisneros de Griffin is CEO of Grupo Cisneros, a Latin American conglomerate. She currently chairs the Endeavor Miami board and is an Advisory Board Member of Wyncode.
In this newly created position, Mike is charged with driving innovation, process improvement, collaboration, and customer service across the municipal government.
Andres founded Open English in 2006 as a way of teaching English in Latin America. He has since grown the company to over 300,000 students in over 40 countries, and has raised over $120 million in venture capital.
JP is a cofounder of the law firm Private Advising Group. In 2011, he cofounded Ideame, a crowdfunding site for Latin America. He was a partner in Patagon.com which exited to Banco Santander for $750 million. He is a Senior Advisor to Endeavor Global, and is on the Legal Advisory Board of the Latin American Venture Capital Association.
Tigre was a founding member of local success story Open English, and has been an important member of the Miami startup community in his role as the CEO of the LAB, a coworking space.
Raul serves as the Managing Director at Accelerated Growth Partners, a nonprofit that was selected by The Knight Foundation to bridge the funding gap for early-stage entrepreneurs in Miami.
Juan and Jose co-founded .CO and sold it to Neustar for $109m. Since their exit, they have been very active in the ecosystem through STRAAT – including the launch of BUILDING, a collaborative workspace for growing tech companies in Miami.
With over 8,000 members, Refresh is one of the largest technology networking organizations in South Florida. With an average attendance of between 300-800 local tech developers, designers, and enthusiasts, the organization has served as a breeding ground for entrepreneurs and technologists alike.April, 2006
Venture Hive is an accelerator and entrepreneurial education company. Startups must focus one of Miami's five major industries in order to be considered (creative, finance, healthcare, logistics, and tourism). Startups that are selected for Venture Hive's program will receive a 12-week entrepreneurship education program, office space and a $25,000 non-equity grant.January, 2013
In its Series D round, Open English raises $65 million. The most of any educational technology company.April, 2013
Endeavor Global opens its Miami affiliate, the first offices of its kind in the United States. Endeavor’s first entry into the U.S. market is strongly supported by the John S. and James L. Knight Foundation along with key entrepreneurs from the community.September, 2013
Facebook expands to an office in Brickell to help the company target U.S. Hispanics. The company's Latin America Vice President, Alexandre Hohagen, has also relocated to Miami, and will work alongside former Univision VP of Network and Interactive Sales Christian Martinez.November, 2013
Accelerated Growth Partners (AGP) is a Miami-based angel investor network funded by the Knight Foundation, focused on providing seed funding to disruptive technology startups.June, 2014
Miami Dade College’s entrepreneurship hub, the Idea Center, will broaden its efforts to foster and implement an entrepreneurial mindset across the entire college educational system with a $2.18 million investment from the John S. and James L. Knight Foundation.October, 2014
500 Startups launches its 500 Distro Program, bringing 500 staff and mentors from Silicon Valley, Mexico, Argentina, and Brazil to help Latin American startups. Participating companies will receive between $150,000 to $250,000 in funding from 500 Startups.September, 2015
The augmented reality startup Magic Leap raises $793 million in what is considered to be the "largest Series C round in Internet history". Previously, the company had raised $542 million in a investment round led by Google.February, 2016
Startup Angels is partnering with Aminta Ventures to bring a Startup Angel Workshop to Miami as part of Aminta Ventures' debut launch. Aminta Ventures is diverse coalition of South Florida female business leaders passionate about cultivating the next generation of female investors in the Miami region.February, 2017