In 2024, Miami's startup ecosystem raised $2.77 billion, positioning South Florida among the top 10 venture capital hubs in the United States, according to a report by eMerge Americas. The broader Florida state saw total startup funding reach $4.31 billion, highlighting significant growth in the region's entrepreneurial landscape. The report also emphasizes the increasing presence of female investors in venture capital, suggesting that diverse funds may yield better returns. Notably, the report indicates that six startups, led by Black and Latino founders, raised over $100 million, contributing to the diverse ecosystem's rapid expansion. This growth reflects a broader trend of women taking on leadership roles in industries traditionally dominated by men, as noted by Loreanne García.