The start-up scene in Washington D.C. – sectors and specializations

Why Washington D.C.?
Washington D.C. may be more well known for politics than entrepreneurship, but the numbers suggest the U.S. capital is actually an underestimated startup hub. The area is home to more than 1,000 tech startups, and it ranks first in the nation for growth in entrepreneurship, according to the Kauffman Foundation. In the aftermath of the 2008 global financial crisis, Washington’s VC ecosystem more than doubled in size over the span of five years – at least from a deal flow perspective.
Washington D.C. start-up’s ecosystem.
The Washington D.C. area – which includes cities in Maryland (Baltimore, Chevy Chase), and Virginia (Reston, Arlington) – has grown its own unique VC ecosystem. This ecosystem is one of the most diverse in the U.S. in terms of industry. As reported in 2021 (as of September 10, 2021) software has established itself as the top sector of the district’s VC deals. Other main sectors include for example: biotech & pharma, HC services & systems, consumer goods & recreation and commercial services.