Investing in Florida companies

Amy Martinez | 9/28/2015

Over the past five years, private investors have poured money into nearly 350 Florida-based companies across a broad swath of the economy. Two sectors in particular stand out for drawing the big bucks: Health care and digital media. Among companies funded from mid-2010 to mid-2015, those in the health care and digital media sectors have received more than $2.4 billion, according to San Francisco analytics firm Quid. Greenway Health, a Tampa-based health care IT company, has captured the most money, raising $650 million since its inception in 2000. Last year alone, south Florida digital-media startup Magic Leap, which is working on augmented reality technology, pulled in $542 million from Google and other investors. Meanwhile, Jacksonville-based Fanatics, an online sports merchandiser, ranks third overall with a $320-million cumulative investment.

Tags: Banking & Finance, The Money Issue

Can Florida ensure tech advancements better connect patients and health providers?

Florida university leaders bash plan to downgrade sociology

Boomers are still obsessed with retiring in Florida, even though many of their peers have been priced out of the state

Florida Trend Announces the Floridian of the Year

For SUBSCRIBERS

READ THE December Issue » Access An Issue

FLORIDA TREND MAGAZINE

· LAST MONTH'S ISSUE · SUBSCRIBE NOW! · BUY A SINGLE ISSUE · GET DIGITAL ACCESS

Florida Business News

No lettuce for Florida manatees this winter: Experts end feeding trial after two years
For the past two winters, Florida wildlife biologists have experimented hand-feeding lettuce to hungry manatees as the animals’ natural food source, seagrass, was in short supply from pollution problems.
Duke OK'd to collect Idalia costs
State regulators Tuesday approved a plan by Duke Energy Florida that includes collecting $91.9 million from customers in 2024 to cover costs related to Hurricane Idalia.
Fort Lauderdale’s venerable Galleria Mall up for sale after failed attempts at redevelopment
Fort Lauderdale’s decades-old Galleria Mall, once the city’s epicenter of urban dining and retailing, is in search of a buyer after years of trying to reshape its persona into a 21st century destination.
Service connects JaxPort to ports in Middle East, India, Spain
The Jacksonville Port Authority announced Dec. 4 that Ocean Network Express will begin offering direct container ship service in May from Northeast Florida to seven ports in Pakistan, India, Saudi Arabia, Spain and Egypt.
‘It’s about time.’ Miami artists are ‘ascendant’ on international scene this Art Week
Over the last couple of years, Miami-born and based artists have reaped the benefits of their hard work, talent and hometown’s art hub status as they enjoy national and international attention now more than ever before.