The top seven cities in the U.S. for startups in 2016 were San Francisco, New York, Boston, Cambridge, Palo Alto, Austin, and Seattle. These cities each received $2 billion in investment, had 58 new deals, and had 479 active VC-backed startups on average in 2016.
While these well-known startup cities continue to dominate the landscape, startup clusters are forming all over the U.S. Policymakers in many cities that historically were not associated with high-growth, high-tech firms are now clearing succeeding in cultivating startups, as a strategy to boost their local economies.