The Startup Ecosystem of Minneapolis

Minneapolis has 324 startups in our sample database. This represents about 1% of The United States’s startups. Minneapolis is the 17th best startup ecosystem in The United States.

CITY RANKING

While Minneapolis decreased by 4 spot in its global rank in the Global Startup Ecosystem Index of 2023, its ranking in The United States remained stable at 17 nationally since 2022.

National Ranking

17th
0
In United States

Regional Ranking

20th
-
1
In North America

Global Ranking

47th
-
4
Worldwide

In Partnership with

Minneapolis Ecosystem Partner logo

Startups

Minneapolis Top Startup Industries

Healthtech icon
Healthtech
#21 worldwide

52 startups

Software & Data icon
Software & Data
#44 worldwide

62 startups

Foodtech icon
Foodtech
#51 worldwide

8 startups

Ecosystem HealthCheck

Minneapolis Ecosystem Health Check

The health check tables allow you to look at the performance Minneapolis has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
ParameterParameter Global rankParameter rank change since 2022ResultContribution to total scoreRank gain / loss due to parameter
Total Score47-413.783100%0
Quantity Score59-11.78112.92%-1
Sample size of startups5532997.23%-5
Sample size of accelerators84-92990.65%0
Sample size of coworking spaces9112592.57%0
Community Score1-36270.32.18%0

ECOSYSTEM

Browse the startup ecosystem database of Minneapolis

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Ecosystem

The Startup Ecosystem in Minneapolis

Our startup ecosystem map for Minneapolis includes a sample of 324 tech companies. We have identified as unicorn 1 startup that have passed the USD 1 billion valuations. Contributing to the vitality of this startup ecosystem are the 1 pantheon member entity. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Minneapolis is ranked within the top 50 startup ecosystems globally.

Top Industries

Minneapolis’s startups excel particularly in Healthtech where it ranks 21 and in Software & Data, and Foodtech. Find out more

Top Cities for Startups in United States - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2023 National Rank & Change ▲
2023 National Rank & Change City
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Global Rank & ChangeTotal Score
Access subscores for 1000 cities and 100 countries
Quantity Score
Quality ScoreBusiness Score
1st
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1st
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546.427
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2nd
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2nd
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223.407
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3rd
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4th
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116.943
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4th
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5th
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103.337
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5th
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12th
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1
48.190
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15th
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1
38.352
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18th
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1
34.200
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8th
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21st
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1
33.444
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22nd
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1
33.148
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10th
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26th
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29.255
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Startups

Notable Startups in Minneapolis
When I Work startup icon
When I Work
Field Nation startup icon
Field Nation
Games Done Quick startup icon
Games Done Quick

Startups

Successful Healthtech startups in Minneapolis
Gravie startup icon
Gravie
Relievant Medsystems startup icon
Relievant Medsystems
HistoSonics startup icon
HistoSonics

ECOSYSTEM

Why should you join Minneapolis's Startup Ecosystem?

Overview

Within Minneapolis there is an increased attraction for entrepreneurs to set up their startups in industries such as Healthtech, Software & Data, Foodtech. These three industries represent about 38% of the startups represented on the Startup Ecosystem Map of Minneapolis.

17th

National Rank

20th

Regional Rank

Overview

Minneapolis is The United States' 17th best startup ecosystem and is ranked 20th in North America. With a population of 2M - 10M people, Minneapolis is ranked 47th in the world. The city has some notable startup success stories including When I Work and its startup ecosystem infrastructure is strengthened by organizations such as Rivian and Regus - Minnesota, Eagan - Grand Oak I.

Featured Startup Ecosystems

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Recent Posts

Mon Sep 25 2023

Role of Universities in Startup Ecosystems

In this article, we’ll explore the role of universities in startup ecosystems. Join us for an enlightening discussion in the 39th episode of our Startup Ecosystem Podcast series, where Martin Jordana welcomes David Kwok. David, the Director of Entrepreneurship & Innovation at YSpace —a university run community innovation hub nestled in Downtown Markham —shares valuable […]

Tue Sep 19 2023

The Global Startup Ecosystem Rankings by StartupBlink

The Global Startup Ecosystem Index (GSEI) reveals the startup ecosystem rankings of 1,000 cities and 100 countries based on various factors. It uses an algorithm that considers many parameters and incorporates data from different sources and partners such as Crunchbase, SEMRush and Statista. The results of this index are also integrated with the StartupBlink Global […]

Fri Sep 08 2023

Where are the Cities of the Future for Startups?

At StartupBlink, we always say that where you base your startup highly affects your success. Hence, the Global Startup Ecosystem Index sheds light on location-based decisions for startups and other ecosystem stakeholders. In this episode of the Startup Ecosystem Podcast, Eli David and Martin Jordana go further to discuss the cities of the future for […]