Where the Startups Are, By Zip Code

[Anon84]

http://www.readwriteweb.com/start/2010/08/where-the-startups-are-by-zip.php

[loumf]

Crunchbase isn't only startups (my employer is there, and we're not a startup) and not all startups raise money (we were once a startup, but were bootstrapped).

I would characterize the companies in Crunchbase as just tech companies.

[mrcsparker]

It would be interesting to see how this fares per-city. States like Texas have much less population density and a ton of start-ups (looking at the list, Houston is very impressive).

A lot of these zips are right next to each other.

[tptacek]

Chicago... the Groupon effect?

[pchristensen → tptacek]

Crunchbase says Groupon has raised $173 million (http://www.crunchbase.com/company/groupon ), so they alone account for a quarter of the money raised in 60606.

I was actually surprised that it was only 23%. I didn't realize how much other funding there was around here.

[maukdaddy → pchristensen]

From their data (companydata.csv):

  name	founded_year	zip_code	 raised_amount 
  Invenergy	2001	60606	 $459,000,000.00 
  Groupon	2008	60654	 $172,800,000.00 
  Hostway	1998	60606	 $110,000,000.00 
  HighTower		60661	 $100,000,000.00 
  Affinity.com	2006	60606	 $85,000,000.00 
  NeuroTherapeutic2006	60631	 $43,000,000.00 
  MediaBank		60654	 $40,500,000.00 
  Initiate Systems1994	60606	 $31,000,000.00 
  ACTIV Financial 2002	60606	 $25,000,000.00 
  Firm58	2005	60661	 $22,680,000.00 
  Echo Global Logi	60654	 $17,400,000.00 
  Vibes Media	1998	60606	 $15,000,000.00 
  Arroweye Solutio1999	60661	 $14,000,000.00 
  BridgePort Netwo2002	60601	 $13,000,000.00 
  Mirage Networks	60602	 $12,000,000.00 
  SAVO		1999	60607	 $10,000,000.00 
  Open Kernel Labs2006	60606	 $9,750,000.00 
  InXpo			60642	 $9,000,000.00 
  Manifest Digital2001	60654	 $9,000,000.00 
  Info			60601	 $8,400,000.00 
  FeedBurner	2004	60610	 $8,000,000.00 
  Sittercity		60654	 $8,000,000.00 
  The Point		60622	 $7,300,000.00 
  Allen Brothers	60609	 $7,100,000.00 
  TetraVitae Biosc	60606	 $6,300,000.00 
  Compliance11	2005	60606	 $6,178,766.00 
  tvCompass	2003	60631	 $5,100,000.00 
  Cleversafe	2004	60661	 $5,000,000.00 
  Viewpoints	2007	60610	 $5,000,000.00 
  GrubHub	2004	60614	 $3,100,000.00

edit: There are a few more but I truncated the list for brevity ;)

[tptacek → maukdaddy]

Wow. Invenergy and HighTower so shouldn't count.

[kree10 → pchristensen]

It also helps that few people actually live in 60606 (population 1,682 in the 2000 census). If Mayor Daley wanted 60606 to move up on this list, I guess he could do it with some strategic zoning changes.

[tptacek → pchristensen]

Same. Chicago is not a great place to raise money (it is, however, a great, great place to build a company).

[maukdaddy → tptacek]

You beat me to it.

I was thinking Feedburner, but they only raised $8m.

[jbellis]

link to the guy who did the work (and posted more interesting maps): http://petewarden.typepad.com/searchbrowser/2010/08/the-top-...

[api]

The "two bay areas" still dominate, though Illinois was interesting.