The Top 34 Venture Capital Firms In Florida [2024]

Updated: January 20th, 2022

Are you looking for a VC firm for your Florida-based startup?

More startups and small-scale entrepreneurs are relocating from traditional tech hubs to emerging startup ecosystems like Florida.

For example, In 2021, Spectrum Labs relocated its headquarters from San Francisco to Miami. The same year, Teal`s Corporate headquarters and SeedInvest relocated from New York to Florida.

According to biz journals, the state of Florida has attracted the emerging cryptocurrency industry, while homegrown startups like papa have reached unicorn status with billion-dollar-plus valuations.

According to Florida Tax Watch, small businesses account for 99.8 percent of all Florida businesses.

Small businesses contribute to economic growth by providing new employment opportunities in local communities, bringing innovation and creativity. However, to prosper, the startups need access to equity and grants.

There are a number of successful venture capital firms in Florida and we've curated a list of the best local firms in the area. Additionally, we provide you with:

  • Investment size
  • Funding stages
  • Typical industries the firm works with
  • Well known companies the VC firm has invested in

Here's the list:

1. Ocean Azul Partners

  • Location: Miami, FL
  • Industries: Technology
  • Investment Range: $200K - $3M
  • Stage: Seed Stage
  • Companies invested in: Shyft, Dade Systems, Fortify

Ocean Azul Partners is an early-stage technology VC firm, based out of Miami.

The firm focuses on potential entrepreneurs who are passionate about innovative solutions to problems within agtech, marketing, and biotech. Their check size ranges from $200K to $3 million.

Learn more about Ocean Azul Partners ➜

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2. Axioma Ventures

  • Location: Tampa, FL
  • Industries: Healthcare and Information Technology
  • Investment Range: $5M - $10M
  • Stage: Seed Stage
  • Companies invested in: Hyliion, Bridge Connector

Axioma Ventures is a Tampa-based VC firm that invests in the healthcare and technology sectors.

They provide expansion capital for startups to grow into flourishing businesses. Axioma typically invests anywhere from $5M - $10M at the initial stage.

Learn more about Axioma Ventures ➜

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3. Krillion Ventures

  • Location: Miami, FL
  • Industries: Health Technology, PropTech, FinTech
  • Investment Range: $250K - $2M
  • Stage: Seed Stage
  • Companies invested in: Buro, Scoot, Wyre

Krillion Ventures is a Miami-based firm that supports startups with their potential growth in innovative technologies in health and wellness, real estate, and finance.

This is an early-stage technology VC firm that focuses on companies innovating in Health & Wellness, PropTech, and FinTech.

They typically provide capital in the range of $250,000 to $2 million.

Learn more about Krillion Ventures ➜

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4. DeepWork Capital

  • Location: Orlando, Florida
  • Industries: Venture Capital
  • Investment Range: $1M - $4M
  • Stage: Seed
  • Companies invested in: Fatt Merchant, Grove Biopharma, NanoPhotonica, HYP Sports, Global Safety Management, Astrocyte Pharmaceuticals

DeepWork Capital is an early-stage investment company that focuses on the underserved market of Florida and invests in high-growth startups.

The company invests professionally managed dedicated venture capital in growth-oriented early-stage firms in the technology and life science industries in Florida and adjacent regions. The Firm likes to assume a lead or co-lead investor position while working closely with other investment groups and takes a hands-on approach with its portfolio businesses.

Their typical investments range from $1M to $4M initially.

Learn more about DeepWork Capital ➜

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5. Firespring Fund and Accelerator

  • Location: Orlando, Florida
  • Industries: Education and Marketing
  • Investment Range: $ 225k
  • Stage: Seed

Firespring Fund was founded to offer seed financing to Florida's high-growth-potential, early-stage technological companies. Furthermore, Firespring Fund offers an advanced Accelerator that includes education, mentoring, peer support, feedback, and other learning opportunities in order to help companies acquire customers and market share and prepare for venture capital funding.

Their typical investment lies around $225k.

Learn more about Firespring Fund and Accelerator ➜

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6. Arsenal Growth

  • Location: Orlando, Florida
  • Industries: Software Companies
  • Investment Range: $ 100M - $ 500M
  • Stage: Series B (Growth)
  • Companies invested in: Sharecare, Bluetalon, Onapsis, Nearpod, Traveltab, Second Nature

Arsenal Growth is a software and services investment firm based in the United States and Canada. The company focuses on capital-efficient, execution-stage firms. It can draw on its extensive experience helping young technology companies connect with government agencies and big corporations to scale effectively.

They invest anywhere between $100M to $500M.

Learn more about Arsenal Growth ➜

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7. Merging Traffic

  • Location: Orlando, Florida
  • Industries: Technology
  • Investment Range: $ 2M
  • Stage: Seed

Merging Traffic is a portfolio management firm that helps businesses develop and flourish. Entrepreneurs in the FinTech, data science, health, real estate, and Artificial Intelligence (AI) industries can use the firm's equity-based crowdfunding platform to connect with qualified investors.

They invest around $2M initially.

Learn more about Merging Traffic ➜

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8. venVelo

  • Location: Orlando, Florida
  • Industries: Business Accelerator
  • Investment Range: $250k - $1M
  • Stage: Seed
  • Companies invested in: Vigilant Biosciences, KAIROS, Fatt Merchant, Flex Engage, KNETIK

venVelo is a venture capital firm and company accelerator specializing in early-stage opportunities.

venVelo guides entrepreneurs through a detailed program that includes a set of strict guidelines for establishing efficient company operations that lead to successful go-to-market strategies.

Their typical investments range from $250k to $1M initially.

Learn more about venVelo ➜

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9. Orlando Opportunity Fund

  • Location: Orlando, Florida
  • Industries: Real Estate
  • Investment Range: $250k - $500k
  • Stage: Seed

The Orlando Opportunity Fund is a Central Florida-based private investment fund that invests unrealized capital gains in early-stage businesses and commercial real estate. The company is dedicated to generating strong investment returns while also helping to advance local communities.

They typically invest anywhere from $250k- to $500k.

Learn more about Orlando Opportunity Fund ➜

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10. Kirenaga

  • Location: Orlando, Florida
  • Industries: Technology
  • Investment Range: $2M
  • Stage: Seed
  • Companies invested in: Clearview, Censys, EcoSpears, Health Career Institute, Advisor Engine, Infinity Medical Engineering, 4mativ

Kirenaga Partners, headquartered in Orlando, Florida, is an early-stage venture capital firm. The company seeks to invest in advanced manufacturing, agriculture technology, artificial intelligence and machine learning, cleantech, edtech, robotics, and other technologies.

Their typical investment lies around $2M.

Learn more about Kirenaga ➜

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11. Florida Funders

  • Location: Orlando, Florida
  • Industries: Technology
  • Investment Range: $10k - $2M
  • Stage: Seed
  • Companies invested in: Aerosens, Artie, ChalkTalk, Bridge, Clientbook, flexEngage, Global Safety Management

Florida Funders is a venture capital fund and angel investor network that helps fund and grow early-stage technology companies in Florida. They aim to help Florida transition from the Sunshine State to the Startup State by ensuring that the ecosystem is as frictionless as possible, that investors have significant deal flow, and that entrepreneurs have access to a diverse group of accredited investors.

They typically invest anywhere from $10k - $2M.

Learn more about Florida Funders ➜

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12. IDEA Fund Partners

  • Location: Orlando, Florida
  • Industries: Technology, Business Model
  • Investment Range: $250K - $1M
  • Stage: Seed
  • Companies invested in: ADRICH, Biospatial, Ceterus, Automated Insights, Axial Exchange, Finmark, Klearly, Sence Photonics

IDEA Fund Partners is a venture capital firm that invests in entrepreneurs that are using technology and business model innovations to disrupt sectors in the early phases of digital disruption, focusing on underserved people, places, and stages.

They invest between $250,000 and $1 million in a typical deal.

Learn more about IDEA Fund Partners ➜

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13. Newgate Capital Partners

  • Location: Orlando, Florida
  • Industries: Technology, Business, Health
  • Investment Range: $1M - $2M
  • Stage: Series C (Expanded)
  • Companies invested in: ThreatLocker Inc., Athliance Inc., Rentivity, SuperCooler Technologies,

NewGate Capital Partners, headquartered in Winter Park, Florida, is a business intermediary. The company, which was founded in 2000, specializes in business broking, mergers & acquisitions, exit strategies, and buyer identification.

They typically invest around $1M - $2M in the portfolio companies at the primary stage.

Learn more about Newgate Capital Partners ➜

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14. Seven Kings Holdings

  • Location: Orlando, Florida
  • Industries: Media, Real Estate, Health
  • Investment Range: $1M - $25M
  • Stage: Seed
  • Companies invested in: Esperance Pharmaceuticals, Embera Neuro, Microbiome Therapeutics

Seven Kings Holdings, Inc. is a privately held Florida firm that develops, manages, and operates real estate property in Florida. Seven Kings has developed marinas, multifamily, community, commercial, hotel, industrial, and resort properties, and presently manages a portfolio of marinas and other commercial real estate assets.

They typically invest anywhere from $1k to $1M.

Learn more about Seven Kings Holdings ➜

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15. Capital Q Ventures

  • Location: Orlando, Florida
  • Industries: Autos, Private Business
  • Investment Range: $300K - $1M
  • Stage: Seed
  • Companies invested in: CarLotz, Acamar Partners, Hyliion, Tesla Motors, Mullen, ProHawk

Capital Q Ventures is a VC firm that specializes in Tri-Party Venture Funds®, Private BDCs, and Specialty Hedge Funds. The firm creates cutting-edge financial products with the goal of restoring investor confidence in Alternative Investments. They use a contra-market approach and a sound investment thesis to "de-risk" the non-correlated private markets.

The firm's investments range in size from as little as $300K to as much as $1M.

Learn more about Capital Q Ventures ➜

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16. Las Olas

  • Location: Fort Lauderdale, FL
  • Industries: Technology
  • Investment Range: $1M -$3M
  • Stage: Early Stage
  • Companies invested in: Care Predict, LeaseCake, Lending Front, Cypress, Otto, OpenReel, OneRail, Plum.

Las Olas VC Firm invests in growing B2B technology companies across all stages. The VC firm implements a hands-on approach in all investments, taking board seats and working with founders closely. The VC firm's typical investment is in the range of $1 to $3 Million. Apart from funding the portfolio companies, the VC firm adds value by supporting founders in their key activities that lead to scaling market-fit products.

Learn more about Las Olas ➜

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17. I-4 Capital Partners

  • Location: Orlando, Florida
  • Industries: Health
  • Investment Range: $500K - $20M
  • Stage: Seed
  • Companies invested in: Boulder Industries, JobPath Partners, Equitas Network, Community Seal

I-4 Capital Partners is a hedge fund and venture capital firm that seeks to invest in early-stage companies over a period of 5 to 7 years. Healthcare, technology, renewable energy, online education, and social impact investment are among the areas in which the company likes to invest. In the portfolio firms, it has both a majority and a minority stake.

They invest between $500,000 and $20 million in a typical deal.

Learn more about I-4 Capital Partners ➜

18. Inflexion Partners

  • Location: Orlando, Florida
  • Industries: Diagnostics, Communication
  • Investment Range: $100k - $1M
  • Stage: Seed
  • Companies invested in: CallMiner, RedPath IP. , Persystent Software, IZEA

Inflexion Partners is a seed and early-stage VC firm focusing on Florida and, on occasion, the Southeast. Inflexion invests in the communications, software, and life science sectors. Inflexion is often the lead or co-lead in its investments, which usually range from $100k to $1M with a reserve for future rounds.

Learn more about Inflexion Partners ➜

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19. Antares Capital Corporation

  • Location: Miami
  • Industries: Consumer/ Internet, Healthcare, Financial, Technology, Services
  • Investment Range: $500K - 5M
  • Stage: Expansion Stage
  • Companies invested in: ISO Group, JRL Systems, Inc., Masada Security, Inc.

Antares Capital supports and invests in various industries and business models to help them significantly alter their growth trajectory.

Antares Capital focuses on consumer/ internet, healthcare, financial, technology, and services industries at their expansion stage to serve large and growing markets.

They typically invest in the range of $500K to $5M initially.

Learn more about Antares Capital Corporation ➜

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20. Cito Ventures

  • Location: Miami, FL.
  • Industries: Sector Agnostic
  • Investment Range: $1M to $5M
  • Stage: Seed Stage
  • Companies invested in: Class Wallet, Glammed, AmericanWell, Forte Forever Fit, GotIT, Nearpod, Natel Energy, Open English, OrthoSensor.

Cito Ventures is a privately held investment company focusing on providing early-stage startups expertise and venture capital. The VC firms invest deals are in the range of $1M to $5M.

Learn more about Cito Ventures ➜

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21. Forefront Venture Partners

  • Location: Boca Raton, Florida
  • Industries: Sector Agnostic
  • Investment Range: $200K to $500K.
  • Stage: Seed Stage
  • Companies invested in: Grin, Songclip, Paintzen, Boundless, Meural, Grove Collaborative, Zoomcar, Lawmatics.

Forefront Venture Partners invests in high-growth revenue-generating companies and early-stage companies led by amazing founders. The VC firm provides a robust deal flow and intense due diligence enabling building a notable high-growth portfolio.

Forefront Venture Partners works closely with the portfolio companies, providing regular, ongoing reporting after each investment.

For each company invested in, the Vc firm offers advice and guidance, assisting with funds raising and driving significant evangelism through their extensive network of syndicate investors. The VC invests between $200K and $500K.

Learn more about Forefront Venture Partners ➜

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22. Starlight Ventures

  • Location: Miami, FL
  • Industries: Science and Technology
  • Investment Range: $10M - $50M
  • Stage: Seed Stage
  • Companies invested in: Holy Grail, Geltor, Openwater

Starlight Ventures focuses on science and technology startups to bring out the change with innovative technologies.

Starlight Ventures is an early-stage VC firm formed to address and support humanity's greatest challenges and opportunities.

The firm invests from $10 million to $50 million initially.

Learn more about Starlight Ventures ➜

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23. TheVentureCity

  • Location: Miami, FL
  • Industries: Software
  • Investment Range: $1M-$4M
  • Stage: Seed Stage
  • Companies invested in: Internxt Core, eCustoms, Meetfox

TheVentureCity is a 100% female-founded company, and they strongly believe diversity of gender, ethnicity, race, culture, religion, and sexual orientation truly brings a wealth of ideas.

They are an early-stage VC firm that invests in software startups that aim to improve the efficiency of the software for environmental change.

They invest between $1M to $4M in a typical deal.

Learn more about TheVentureCity ➜

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24. Montrose Capital Partners

  • Location: Miami, FL
  • Industries: Biotechnology, Specialty Pharmaceuticals, Medical Devices, Robotics, and Technology
  • Investment Range: $10M - $50M
  • Stage: ~Seed Stage
  • Companies invested in: ViewRay, Bizly, Enumeral Biomedical

Montrose Capital Partners is a Miami-based firm that supports entrepreneurs who have potential or require strategic growth capital.

Montrose Capital Partners is an early-stage VC firm that focuses on startups from biotechnology, specialty pharmaceuticals, medical devices, robotics, and technology sectors.

Their investments range from $10 million to $50 million.

Learn more about Montrose Capital Partners ➜

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25. H.I.G. BioHealth Partners

  • Location: Miami, FL.
  • Industries: Healthcare
  • Investment Range: $5M to $40M
  • Stage: Seed Stage

HIG BioHealth Partners invests in healthcare companies across multiple stages of development. They target companies developing novel products for significant unmet medical needs including therapeutics, medical devices, and diagnostics.

The VC firm provides a seasoned investment team with extensive and diverse experience who work with portfolio companies in key areas. Their investment range falls between $5Million and $40 Million.

Learn more about H.I.G. BioHealth Partners ➜

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26. Marc Bell Capital Partners

  • Location: Boca Raton, Florida
  • Industries: Sector Agnostic
  • Investment Range: $1M to $50M
  • Stage: Seed Stage
  • Companies invested in: Kidblog, Partender, Edisun Renewables, VideoPixie, Forge.

Marc Bell Capital Partners invests in great companies committed to changing the world. The VC firm takes an active role when it comes to helping companies define their financial needs, set goals, and understand key investment principles.

Since its inception, the VC firm focuses on backing the best entrepreneurs regardless of the growth stage. They seek to invest between $1Million and $50 Million and prefer to have a controlling stake or substantial influence in their portfolio companies.

Learn more about Marc Bell Capital Partners ➜

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27. PS27 Ventures

  • Location: Jacksonville, FL
  • Industries: Healthtech, E-commerce, Fintech, SaaS, and Sustainability Startups
  • Investment Range: Not disclosed
  • Stage: Seed Stage
  • Companies invested in: levAR, FreshJax, JustProtect

PS27 Ventures is a Jacksonville-based venture capital fund investing in early-stage technology companies.

Their highly qualified team helps startups realize their true potential and see maximum growth.

Learn more about PS27 Ventures ➜

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28. Quixotic Ventures

  • Location: Miami, FL
  • Industries: Consumer Internet and SAAS
  • Investment Range: Not Disclosed
  • Stage: Seed Stage
  • Companies invested in: Moxie, Blanket, Revivn

Quixotic Venture is a Miami-based firm that invests in social media, social media enablement, e-commerce, e-commerce enablement.

Quixotic Ventures is an early-stage VC firm that focuses on consumer internet and SAAS startups that can use social media as a powerful platform for marketing and advertising.

Mark Kingdon formed the firm in the year 2010.

Learn more about Quixotic Ventures ➜

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29. Ballast Point Ventures

  • Location: Tampa, FL
  • Industries: Healthcare, Financial Services, Retail Industries, Information Technology, Communications
  • Investment Range: Not disclosed
  • Stage: Series A
  • Companies invested in: Spotio, PaceMate, Mailprotector

Ballast Point Ventures(BPV) is a leading growth equity investor focused on investing in rapidly-growing companies.

They provide expansion capitals for businesses located in Florida, Texas, and the Southeast.

Learn more about Ballast Point Ventures ➜

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30. Knight Foundation

  • Location: Miami, FL
  • Industries: Journalism, Arts
  • Investment Range: Not disclosed
  • Stage: Seed Stage

Knight Foundation is a national-level foundation with powerful local engagements.

They aspire to build a community of informed and engaged individuals to form a healthy democratic environment.

Learn more about Knight Foundation ➜

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31. Spaced Ventures

  • Location: Brownsville, Toronto, Florida
  • Industries: Space
  • Investment Range: Not Disclosed
  • Stage: Series A
  • Companies invested in: Exo-Space, Cosmic Shielding Corporation, Infinite Composites.

Spaced Ventures is an equity crowdfunding platform dedicated to companies in the space industry. The VC firm provides access to investment deals meant to fund the hottest space startups. They remain committed to setting their portfolio companies for long-term success. Apart from venture funding, the portfolio companies get direct access to advice from space industry experts as well as from talented space enthusiasts and investors.

Learn more about Spaced Ventures ➜

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32. Miro Ventures

  • Location: Boca Raton, Florida, United States
  • Industries: Healthcare
  • Investment Range: Not Disclosed
  • Stage: Seed Stage
  • Companies invested in: VisionIT, Startupbootcamp, FitzroyHealth, Proskriptive, NovoDynamics, Vitruvia.

Miro Ventures invests in companies offering healthcare-related solutions. The VC firm offers funding and skilled support to organizations poised to provide disruptive solutions that improve access to healthcare and minimize the cost of delivering healthcare. They invest in a wide range of companies that have shown growth potential.

Learn more about Miro Ventures ➜

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33. Phyto Partners

  • Location: Boca Raton, Florida
  • Industries: Cannabis
  • Investment Range: Not Disclosed
  • Stage: Seed Stage
  • Companies invested in: Flowhub, Leaflink, GreenFlower, Wurk, Fyllo, Canndescent, Agrify, Mood33,

Phyto Partners is a VC firm investing in businesses that venture into Cannabis Industry. Phyto Partners offers debt and equity capital to the privately-owned cannabis companies, with their investments stemming across the cannabis value chain.

Through the firm’s broad network of industry relationships, they offer portfolio companies financial sponsorship, critical strategic support, and business development assistance.

Learn more about Phyto Partners ➜

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34. Boyne Capital Partners

  • Location: Miami, FL.
  • Industries: healthcare, water processing, Agriculture, Energy Efficiency, Government Services, Niche Manufacturing, Business Services, Environmental Services, and utility/infrastructure services.
  • Investment Range: Not Disclosed
  • Stage: Seed Stage
  • Companies invested in: Sonic Systems International, Global Imports, Focal Point, Masters, Sage Water, Double Wood Supplements, Car Covers, PilotPower.

Boyne Capital is a private equity firm focusing on early-stage companies. The VC firm invests in companies focusing on healthcare, water processing, Agriculture, Energy Efficiency, Government Services, Niche Manufacturing, Business Services, Environmental Services, and utility/infrastructure services.

The VC firm targets companies with annual revenue of $10Million to $100 Million.

Learn more about Boyne Capital Partners ➜

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Conclusion

Access to investors, support groups, and startup accelerator programs can make or break your startup. That is why it is crucial for Florida startup founders to understand the available funding mechanisms and events within the region.

Check out our list of top VC firms in Florida and send out your pitch for possible funding, and technical assistance.

meet the author
Pat Walls