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NYC Edges Out Boston For Second Place In US Startup Rankings

Silicon Valley is still #1 for startups, New York is up slightly, and Boston is shrinking relative to other cities. Otherwise, things are pretty stable in America’s top 15 startup hubs.

The health and vibrancy of startup communities is a perennial topic of discussion amongst founders and investors. Last year, Compass published a report declaring that New York City’s startup community has finally reached the vaunted status of “mature,” putting NYC firmly in second place behind Silicon Valley as the best startup hub in the world.

The Top 15

Of course, New York and Silicon Valley may be the top hubs in the US according to the Compass report, but how do they stack up over time? To answer this question, we analyzed over 21,000 Angel, Seed, Series A, Series B, and Series C deals made between 2006 and today. We also included startups based in forty American metropolitan regions. Each hub was then ranked by its relative share of a decade’s worth of total startup funding activity, separating out the top 15 and aggregating the other 25 under the label “other cities.”

In rank order, the top-15 startup regions in America (over the past decade):

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