Startup funding up in Florida, North Carolina, and Georgia, but lags in other Southeastern states


U.S. startup funding is heating up in the Southeast, although not every state is seeing the same benefits.

That’s according to a report out today called “The State of Startups in the Southeast,” authored by BIP Capital, a venture capital and private equity firm based in Atlanta. The report details trends in venture capital funding over the past five years in nine states — Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia. BIP Capital used data from Pitchbook and CB Insights, current as of August 31.