SFCED | San Francisco Center for Economic Development


Eight U.S. Metros Made Top 10 Global Startup Hub List (and, San Francisco is #1)

The U.S. is home to the top six metros and 12 of the top 20.

The table below lists the top 20 metros with the highest levels of venture capital investment worldwide. The U.S. is home to the top six metros and 12 of the top 20. Taken together, these six metros—San Francisco, San Jose, Boston, New York, Los Angeles, and San Diego—account for roughly 45 percent of total global venture capital investment. And two broad mega-regions—the San Francisco Bay Area and the Boston-New York-Washington Corridor—account for more than 40 percent of global venture investment.

Eight U.S. Metros Made Top 10

Read more: Builder Magazine Eight US Metros Made Top 10 Global Startup Hub List

Rank Metro Venture Capital Investment (millions) Share of Global Venture Capital Investment
1 San Francisco $6,471 15.4%
2 San Jose $4,175 9.9%
3 Boston $3,144 7.5%
4 New York $2,106 5.0%
5 Los Angeles $1,450 3.4%
6 San Diego $1,410 3.3%
7 London $842 2.0%
8 Washington $835 2.0%
9 Beijing $758 1.8%
10 Seattle $727 1.7%
11 Chicago $688 1.6%
12 Toronto $628 1.5%
13 Austin $626 1.5%
14 Shanghai $510 1.2%
15 Mumbai $497 1.2%
16 Paris $449 1.1%
17 Bangalore $419 1.0%
18 Philadelphia $413 1.0%
19 Phoenix $325 0.8%
20 Moscow $318 0.8%
Top 20 Total $26,790 63.6%
Total – All Metros $42,121 100.0%