Four Years After “How Can I Help?”: Is Miami Tech Still Booming?
Learn more about where Miami’s innovation ecosystem stands today.
Feb 11, 2025 · 3 Minute Read 
Four years ago, a simple tweet ignited a movement. In December 2020, Delian Asparouhov, Partner at Founders Fund, asked on X (formerly Twitter): “Ok guys hear me out, what if we move Silicon Valley to Miami?” Miami’s mayor, Francis Suarez, soon replied with the now-legendary phrase: “How can I help?” That brief exchange marked a turning point for an ecosystem already gaining traction.
From Hidden Gem to a Thriving Startup Hub
For years, Miami had been quietly positioning itself as a tech-friendly city. Lower living costs, year-round warm weather, cultural diversity, and business-friendly policies made it an attractive alternative to traditional startup hubs like Silicon Valley.
However, after the pandemic reshaped work culture, Miami saw an influx of founders, venture capitalists, and remote workers eager to build in a place that offered both opportunity and lifestyle.
By April 2021, Asparouhov doubled down with another viral tweet, unofficially launching Miami Tech Week. What started as a spontaneous gathering turned into a must-attend event, showcasing the city’s growing influence.
Four years later, was Miami’s tech rise just hype, or has it truly become a leading startup hub? Let’s look at the numbers and see where Miami stands today.
Where Miami’s Tech Boom Stands Today
Over the past few years, Miami has steadily built its reputation as a top destination for startups. Reports from Venture Miami, Miami-Dade Beacon Council, Startup Genome, and eMerge Americas show that the city now ranks 16th among the world’s best startup ecosystems, with a total ecosystem value of $95 billion, 2,500+ startups, and six unicorns already established.
Miami has even edged out Austin and Seattle in some areas, thanks to strong early-stage funding and an increasing number of founders choosing to build here.
Venture Capital Growth
- 200% increase in VC investment from 2021 to 2023
- $587 million raised in Q4 2023 alone, the highest quarterly total of the year
- 70% of Florida’s total funding is concentrated in Miami
Talent and Innovation
- 481 startups in Miami have raised over $1M
- 73% of startups were founded after 2010, highlighting steady growth
- $95,000 average tech salary, making Miami an attractive destination for talent
Mana Tech’s Impact on Miami’s Tech Ecosystem
- 17 Miami Immersion Programs hosted between 2023 & 2024
- 200+ Companies from 25 countries leveraged our programs
- 160+ Tech events in our spaces between 2023 & 2024
- 8,500+ Attendees to the different tech events hosted in our spaces
- 100+ External entities booked our spaces for tech events
Miami’s Tech Boom Is Here to Stay
Four years after those now-famous tweets, it’s clear that Miami’s rise as a tech hub was far more than just hype. The numbers speak for themselves—Miami’s startup activity, record-breaking VC investments, and expanding talent pool cement its status as a top destination for founders and investors.
At Mana Tech, we are proud to contribute to this thriving ecosystem every day. Through our 4 circles: programs, events, spaces, and ventures we can collaborate with key players in the ecosystem and help startups expand, connect, and thrive in this growing hub.
As part of these ongoing efforts, we recently launched Mana Hubs curated by Mana Tech, a coworking space designed to give the tech community a place to collaborate and scale their ventures.
Miami’s growth as a tech hub is just beginning, and we’re committed to building the bridges that connect international entrepreneurs with the opportunities this city offers.
Want to be part of it? Book a tour of Mana Hubs and find your place in Miami’s thriving tech community.
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