John Bayliss

Aug 30, 20222 min

Startups In Miami, FL To Watch Out For

Updated: Apr 28

When you hear "Miami," you probably think of sunny beaches, breezy palm trees, and sun-seeking tourists. However, this stereotypical image of the magic city has shifted recently, thanks to an influx of new businesses that are taking Miami's startup ecosystem by storm.

Many of these startups focus on life sciences and Blockchain, but plenty of other markets have been seeing huge success and growth lately. Suffice it to say, there's never been a better time for investors and startup owners in Miami. Here are some of the fastest-growing startups to look out for in and around Miami.

Yuga Labs

Founded in 2021 and currently based in South Florida City, Yuga Labs makes NFTs and other digital collectibles for various patrons. In March 2022, the company completed a single seed funding round that resulted in deals with 36 different investors. These deals resulted in Yuga Labs raising $450 million and making two acquisitions.

Tiendamia

Tiendamia, founded in 2014, is a Miami-based startup with around 100 employees. They specialize in addressing problems with cross-border eCommerce, specifically shipping processes between the U.S., Latin America, and China, such as:

  • Customs

  • Logistics

  • Handling payments

The company has gone through three rounds of startup funding since its founding. Since then, Trendamia has raised $28.1 million thanks to the support of investors.

Revelo

Founded in 2015, Revelo's mission is to make finding top-tier remote technical talent in the U.S. easier for overseas developers. The company has raised $33.7 million through four rounds of startup funding and signed deals with eight investors.

Ugami

Ugami is a smaller startup that was founded in 2021. The company has created a financial solution for a niche market by offering debit and credit cards that give users savings on gaming-related goods like:

  • Hardware

  • Software

  • Subscriptions

Since Ugami was founded, it has gone through a single round of startup funding that landed it deals with five investors. With the investors' help, the company has already raised $4.8 million.

Influur

Influur was founded in 2021 in Miami and is currently based in Florida City. The company provides a platform for brands looking to hire social media influencers when running advertising campaigns. Since being founded, the company has gone through two rounds of startup funding. These funding rounds have brought in an impressive 16 investors, whose deals with Influur have allowed the company to raise a modest $5.8 million.

Conclusion

This list only shows a small sampling of the startups that Miami has to offer, and given the city's economic diversity, the number of startups is well on track to keep growing for the foreseeable future.

Whether you're looking to invest in technology, education, entertainment, or healthcare, Miami's abundance of promising startups has made it one of the strongest cities in the world across all economic sectors.