Miami’s startup scene is hot. But, unlike Silicon Valley, it is still growing its VC muscles. Things work differently here. 

First, Miami VCs tend to favor later-stage startups. While this tendency shouldn’t discourage those just starting out, it’s important to remember this when choosing firms to contact. 

Also, Miami’s rules and Florida tax laws are still developing, meaning there’s less legal clarity than in other states.

But still, Miami’s VC scene is promising:

  • Investors poured over $18.6 billion into Miami’s startups in 2023 alone, attracting entrepreneurs and investors like never before.
  • Government initiatives in 2023 include $50 million in startup tax breaks, which will make it easier to run your business. 
  • FinTech remains dominant. In 2023, it attracted over 25% of all venture funding, showcasing the sector’s strength.
  • Miami goes beyond national. In 2023, it received over 40% of its funding globally, with Latin America contributing 45%, Europe 30%, and Asia 25%.

Our list of the top 15 VC firms will help you navigate the unique Miami VC landscape.

But before we jump in…

Considering fundraising in Miami? We’ve got three pieces of advice for you:

1. Understand where your startup stands on the VC radar before you begin your outreach. How do your numbers stack up against the industry benchmarks? Do you need to fix your KPIs before pitching? Use our free Startup KPI dashboard to learn.

2. Tailor your investor outreach strategy to your industry and stage. Don’t pitch to every VC firm mindlessly—the spray-and-pray approach doesn’t work here. Instead, form a list of VCs that focus on companies like yours, study their website and socials, and tailor your pitch to what they’re looking for.

3. Take your pitch deck preparation very seriously. From our experience working with VCs, about 90% of pitch decks never get followed up on, so you might get properly stuck on your way to a fundraiser without even knowing where the problem lies. Explore our pitch deck hub for from-the-trenches insights to increase your deck’s chances for success with investors.

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1. Pareto Holdings

➡️ Pareto Holdings is a VC powerhouse that has backed over 800 early-stage startups worldwide. In a significant 20% of those cases, they were the first major investor. Pareto Holdings goes beyond investing, using AI for talent, and even building its own companies. 

Industries: Agnostic

Number of investments in 2023: 25

Number of exits: 37

Notable portfolio companies: Blanket, Pinwheel

Contacts: LinkedIn

2. boldstart ventures

➡️ boldstart ventures are early-stage investors who back founders with pre-code bets, believing in their vision, not just existing products. With a developer-first approach, they funded $17M for EnvZero (cybersecurity), which helped become a category-defining company. 

Type: Micro VC, Venture Capital

Industries: Crypto, Data, SaaS, Security

Funding stage: First check, Seed stage

Average check size: $500K-$5M

Total fund raised: $866.3M

Number of investments in 2023: 15

Number of investments: 189

Number of exits: 27

Notable portfolio companies: Snyk, Blockdaemon, Kustomer, BigID, Superhuman

Value-added beyond money: Accelerating the path to product-market fit

Contacts: LinkedIn

3. SaaS Ventures

➡️ SaaS Ventures are early-stage backers that inject pre-seed and seed funds ($50K-$5M) into disruptive tech startups. Targeting the overlooked, they concentrate on collaboration for success. Beyond tech hubs, they collaborate with 350 million North Americans as investors and partners, believing in building groundbreaking tech companies.

Type: Micro VC, Venture Capital

Industries: SaaS

Funding stage: Pre-seed, Seed, Series B-D

Average check size: $1M-$5M

Number of investments in 2023: 14

Number of investments: 103

Number of exits: 9

Notable portfolio companies: Under, BetaBlocks

Contacts: LinkedIn

4. Alpha Wave Global

➡️ Alpha Wave Global, ex-Falcon Edge, has been an investment powerhouse since 2012. With a massive $10 billion for their Alpha Wave Ventures II fund secured and SpaceX as their notable portfolio company, Alpha Wave Global covers different types of assets and themes worldwide, from New York to Singapore. 

Type: Private Equity Firm, Venture Capital

Industries: Agnostic

Funding stage: Seed-Series J

Number of investments in 2023: 10

Number of investments: 114

Number of exits: 8

Value-added beyond money: Private Equity Assistance

Contacts: Contact-us page, LinkedIn

5. ANIMO Ventures

➡️ ANIMO Ventures, a rising VC star, leverages data and 20+ years of growth experience. They invest $500K-$2.5M in early-stage Gen Z startups with bold visions for profitable ventures across sectors. With a $78 million Fund II and Autocloud, Codi, and Blanket in the portfolio, they spin the Miami VC landscape.

Industries: Agnostic

Funding stage: Pre-seed to Series B

Average check size: $500K-$5M

Number of investments in 2023: 10

Number of investments: 82

Number of exits: 1

Contacts: Email, LinkedIn

6. TheVentureCity

➡️ TheVentureCity is a global venture titan with a keen eye for product-centric startups. It invests in 80+ companies across 4 continents with a solid 20% hit rate, including stars like Eventtia, Cabify, Boatsetter, and RecargaPay. From Miami to Sao Paulo, it’s not just funding—it’s fueling startups with bespoke data insights and expert guidance for explosive growth.

Industries: Fintech, HealthTech, AI/ML/Data, B2B SaaS

Funding stage: Seed-Series A

Average check size: $100K-$4M

Total funds raised: $124M

Number of investments in 2023: 7

Number of investments: 132

Number of exits: 8

Contacts: LinkedIn

7. Anti Fund

➡️ Anti Fund, co-founded by Geoffrey Woo and Jake Paul, transforms the VC scene through a subscription model, focusing on tech, media, and entertainment. Their mission is to empower founders to challenge norms, offering unique structures for maximum success. Agnostic to industries, they’ve made 21 investments, with 6 in 2023, spanning Seed to Series C stages.

Industries: Agnostic

Funding stage: Seed-Series C

Number of investments in 2023: 6

Number of investments: 21

Contacts: LinkedIn

8. Exceptional Capital

➡️ Exceptional Capital is an early-stage VC fund fueling growth for the next generation of B2B SaaS stars. Spanning the US and Latin America, it backs exceptional entrepreneurs regardless of their background, seeking the perfect blend of intuition and data-driven prowess.

Industries: Agnostic

Funding stage: Pre-seed to Series B

Number of investments in 2023: 6

Number of investments: 14

Notable portfolio companies: Coactive AI

Value-added beyond money: Lasting partnership

Contacts: LinkedIn, Contact-us page

9. H20 Capital

➡️ H20 Capital, from pre-seed to Series E, spanning the US and Latin America, seeks the most disruptive entrepreneurs with game-changing ideas. Backing 47 ventures with 5 exciting additions in 2023 alone, their portfolio boasts success stories like Tul and Ontop.

Industries: Agnostic

Funding stage: Pre-seed to Series E

Total funds raised: $74.9M

Number of exits: 1

Contacts: LinkedIn

10. Hypersphere Ventures

➡️ Hypersphere Ventures is a Miami-based investment group that backs seed and Series A stage with a focus on Web3, DeFi, and NFTs. Boasting a portfolio with a market capitalization exceeding $2.06 trillion, their focus on disruptive technologies positions them as a critical player in the tech VC landscape.

Industries: Agnostic

Funding stage: Pre-seed-Series B

Number of investments in 2023: 5

Number of investments: 75

Notable portfolio companies: Multichain

Contacts: LinkedIn, Email

11. The LegalTech Fund

➡️ The LegalTech Fund champions startups with an 8,200+ legal pro network, turbocharging the industry. They’re turning legal tech into a powerhouse for efficiency and transformation. Supporting gems like Pattern Data and using AI for injury cases, they provide overall feedback even without a funding request.

Industries: Law

Funding stage: Pre-seed-Series B

Total funds raised: $28.5M

Number of investments in 2023: 5

Number of investments: 24

Notable portfolio companies: Proof Technology, Spellbook

Contacts: LinkedIn, Contact-us page

12. Adapt Ventures

➡️ Adapt Ventures is an early-stage VC with 45 investments and 4 successful exits; they champion bold visions like Clara and Sanas. Beyond funding, their services and network cover every business need—from GTM strategy and customer acquisition to Series A and beyond. 

Industries: Fintech, Software, Consumer, Healthcare

Funding stage: Seed-Series B

Average check size: $100K-$500K

Number of investments in 2023: 4

Number of investments: 45

Number of exits: 4

Value-added beyond money: GTM Strategy, Business Development

Contacts: LinkedIn, Contact-us page

13. CoVenture

➡️ CoVenture is an alternative asset manager with $2.4 billion in assets. Since 2014, they’ve backed 100+ businesses with tools like startup credit and venture capital.

Industries: Agnostic

Funding stage: Pre-seed-Series D

Number of investments in 2023: 4

Number of investments: 21

Contacts: LinkedIn, Contact-us page

14. Fuel Venture Capital

➡️ Fuel Venture Capital invests in tech companies across early and late stages, bringing 80+ years of experience. Their portfolio comprises 33+ diverse companies, with an average check of over $2 million. They aim to make the creative economy accessible, teaming up with high-net-worth individuals and institutions to back founders and reshaping how we live, work, and transact.

Industries: Agnostic

Funding stage: Seed-Series D

Total fund raised: $689M

Number of investments in 2023: 4

Number of investments: 43

Number of exits: 5

Notable portfolio companies: Lunar, Tradeshift

Contacts: LinkedIn, Contact-us page

15. Starlight Ventures

➡️ Starlight Ventures, a Miami investment firm, excels in pre-seed to Series B, skillfully intertwining economic growth with well-being. Specializing in Energy Transition, Industrial Biology, Next-Gen Platforms, and SpaceTech, they’ve garnered $50M, executed 47 investments, and marked 5 exits featuring Quaise.

Industries: Energy Transition, Industrial Biology, Next-Gen Platforms, SpaceTech

Funding stage: Pre-seed-Series B

Total fund raised: $50M

Number of investments in 2023: 4

Number of investments: 47

Number of exits: 5

Notable portfolio companies: Quaise

Contacts: LinkedIn

Wrapping up

Miami’s VC scene is still young. However, its popularity as a VC hub has driven competition for talent and funding. Investors have all the chances to profit from the ongoing surge and unlock significant returns. Startups, in turn, need to show a clear path to success to secure investment. 

Need help proving your worth to investors? Cut through the noise in VCs’ email boxes with our turnkey fundraising support. Take care!

Related read: Top 30 VC Firms in US in 2024

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Anastasiia

CONTENT WRITER

Hey there! I'm Anastasiia, a Content Writer at Waveup. With my marketing expertise and storytelling magic, I turn complex data and industry insights into your startup playbook, making the business world a breeze for you! At Waveup, I work with brilliant folks who make insights a never-ending flow. So, join, read, and enjoy!