Black-Owned Tech Startups Making Waves Outside Silicon Valley: A Spotlight on Innovation and Growth
The tech landscape in the U.S. is rapidly evolving, with thriving technology sectors emerging outside of Silicon Valley. While the Bay Area remains a prominent tech hub, other cities like Miami, New York, Seattle, Chicago, and Atlanta are making waves in the industry. In 2024, several non-Silicon Valley-based startups have caught the eye of investors, showcasing the diversity and potential for growth in the tech ecosystem.
One such company is Cyera, a New York-based AI data security startup that raised $300 million at a $1.4 billion valuation. Seattle-based ExtraHop, a network detection and response startup, secured $100 million in growth capital. Atlanta-based Calendly also raised $350 million from various investors, including OpenView Venture Partners. These successful funding rounds highlight the innovation and growth happening outside of Silicon Valley.
UrbanGeekz recently spotlighted 11 Black-owned startups that are making a significant impact in their respective industries. From a free ad-supported streaming service like Mansa to a maternal healthcare company like Mahmee, these startups are revolutionizing their sectors. Bump, an AI-powered analytics platform for creators, and Scout, a financial planning app for student-athletes, are also gaining traction in the market.
With the support of venture capital firms like MaC Venture Capital, Symphonic Capital, Zeal Capital Partners, and Techstars Washington DC, these startups are poised for success. From Los Angeles to New York to Houston, these companies are redefining the tech landscape and proving that innovation knows no bounds. As the tech industry continues to expand beyond Silicon Valley, the future looks bright for these diverse and impactful startups.