If you're a startup looking for investors, your odds are higher in Nashville than just about any other Southeast city, according to one measure in a newly issued report.
That's one takeaway from the latest edition of the Southeast Capital Landscape Report, which is made for entrepreneurs and intended to be a directory of investors across 10 states in the Southeast.
The report counts 31 venture capital firms either headquartered or having an office in Greater Nashville, focused on health care, tech, real estate, renewable energy and more.
Only Atlanta and Miami tally more venture firms with a presence in their respective cities, according to the report. In total, the report identifies 280 investors across the region, growth of 30% from the first edition of the report, in 2019.
The rundown was compiled by Embarc Collective, a nonprofit startup hub in Tampa, Florida, along with Nashville-based Build in SE, a certified benefit corporation, or B Corp. Its co-founder is Monique Villa, who runs the Nashville office of Mucker Capital — one of the 30-plus venture capital firms on the report's Nashville roster.
"Within our respective startup communities, one of the most common questions we hear is, 'Who are the active investors in the Southeast I should connect with?'" Villa said in a press release. "Our primary goal is to not only answer these questions for founders but to save them precious time in identifying right-sized local capital so they can focus on company-building."
Mucker Capital opened its Nashville office in 2018. Since then, Cultivation Capital and Third Prime also moved in, among others.
