Phoenix Tops Crowdfunding Genome’s Best Ecosystem for Startups in 2024

Welcome to the Crowdfunding Genome Ecosystem Ranking Page!

The Crowdfunding Genome is a groundbreaking tool that offers in-depth insights into the startup ecosystems across the United States. Our comprehensive analysis evaluates various factors that contribute to the success of pre-IPO startups and small businesses. Understanding these rankings can provide valuable information to drive innovation and economic growth, whether you are an entrepreneur, investor, or policymaker.

What is the Crowdfunding Genome?

The Crowdfunding Genome is a detailed analysis of startup environments in different states and cities in the USA. By leveraging extensive data and sophisticated analytics, it evaluates key metrics such as funding volumes, investor engagement, economic impact, and overall ecosystem health.

Top Ranked Ecosystems

1.  Phoenix/Scottsdale: Best Ecosystem for Pre-IPO Startups

Phoenix/Scottsdale has emerged as the leading ecosystem for pre-IPO startups and small businesses thanks to its unique blend of advantages:

  • Robust Infrastructure: Lower operational costs, major international airport, and easy market access.
  • Dynamic Startup Culture: A vibrant, inclusive, and collaborative entrepreneurial community.
  • Supportive Government: Incentives, tax credits, and a business-friendly regulatory environment.
  • High Valuation Growth: Average valuation increase of 1365%, the highest among all ecosystems analyzed.

Key companies like NxuOne and World Tree have significantly contributed to Phoenix/Scottsdale’s top ranking, showcasing the region’s potential for growth and innovation.

Ecosystem Ranking

The table below ranks each of the ecosystems by category.

Ecosystem MappingStateMomentum ScoreCapital ScoreScale ScoreNetwork ScoreExpertise ScoreFinal ScoreRank
Phoenix-ScottsdaleArizona10.001.695.267.255.826.21
Silicon ValleyCalifornia4.783.989.219.007.136.1262
Los AngelesCalifornia4.533.6110.008.396.705.863
DallasTexas2.3310.006.556.634.275.7034
San DiegoCalifornia3.954.577.877.566.845.6165
New YorkNew York4.843.419.058.295.335.5176
Austin-San AntonioTexas3.972.397.909.227.235.4077
Salt Lake CityUtah3.071.696.899.867.885.0868
Las VegasNevada4.732.435.606.556.474.8629
AtlantaGeorgia3.683.606.158.175.074.85910
Tampa-OrlandoFlorida3.552.965.068.534.884.56711
SeattleWashington3.032.247.077.206.224.512
Kansas CityMisouri2.650.597.005.1710.004.41913
PittsburghPennsylvania4.930.886.654.456.534.33814
ChicagoIllinois3.051.466.586.476.974.30315
MiamiFlorida3.402.206.757.514.384.24816
BostonMassachusetts4.112.197.095.314.424.17117
MinneapolisMinnesota2.124.564.546.184.974.14818
Dover-WilmingtonDelaware2.341.956.197.526.054.14219
Denver-BoulderColorado2.461.745.287.415.483.90820
Washington-BaltimoreDC/Maryland3.211.855.935.365.013.82621
HoustonTexas2.351.996.106.874.813.80322
NashvilleTennessee1.451.623.7110.003.623.43623
DetroitMichigan1.751.084.476.755.343.32224
PhiladelphiaPennsylvania1.751.554.276.734.533.25525
PortlandOregon2.101.195.405.634.513.21426
ClevelandOhio1.080.903.965.946.243.08627
CharlotteNorth Carolina1.602.304.845.073.663.03228
CincinnatiOhio2.090.792.536.104.662.92529
SheridanWyoming1.001.001.001.001.00130

Why These Rankings Matter

Understanding the strengths and weaknesses of different startup ecosystems is crucial for:

  • Entrepreneurs: Identifying the best locations to launch and grow their ventures.
  • Investors: Finding promising regions and sectors for investment.
  • Policymakers: Developing targeted strategies to support local startups and attract more investment.

Download the Full Report

To delve deeper into the Crowdfunding Genome Ecosystem Rankings and gain comprehensive insights, download our full report. This report includes detailed data, trends, and analysis that can help you make informed decisions and foster innovation.

Contact Us

For more information about the report or to discuss its findings, please contact us at:

Stay Updated

Subscribe to our newsletter for the latest updates on crowdfunding, startup ecosystems, and investment trends.

Subscribe to Our Newsletter

Thank you for visiting the Crowdfunding Genome Ecosystem Rankings Page!

Together, we can drive innovation and support the growth of startups across the nation.