# Where Vertical AI Startups Are Based: 2026 Map of 1,352 Companies

> Map of where 1,352 vertical AI startups worldwide are based, city by city: San Francisco, New York and London lead. $38B raised between them.

Source: https://millionrounds.com/geo-maps/where-vertical-ai-startups-are-based (Millionrounds; every figure on the page links to its filing or article)

Each circle is a city, sized by how many startups are based there. Countries are shaded by their count.

## Leading cities

- San Francisco 144 $4.6B
- New York 116 $3.5B
- London 74 $1.2B
- Paris 35 $422M
- Austin 27 $2.4B
- Toronto 24 $601M
- Los Angeles 22 $183M
- Boston 22 $5.4B
- Berlin, Germany 21 $263M
- Singapore 19 $342M
- Seattle 18 $441M
- Palo Alto 16 $269M
- Bengaluru 13 $235M
- Chicago 13 $119M
- San Mateo 12 $704M

## By country

- United States 736 $28B
- United Kingdom 121 $1.7B
- Germany 58 $2.5B
- France 50 $657M
- Canada 45 $1.1B
- India 37 $427M
- Australia 28 $783M
- Singapore 25 $385M
- Switzerland 22 $158M
- Spain 15 $177M
- Finland 14 $103M
- Denmark 14 $139M

## Best-funded

- [**Ramp** United States · $4.5B](https://millionrounds.com/company/ramp)
- [**Apptronik** United States · $1.8B](https://millionrounds.com/company/apptronik)
- [**Quantum Systems** Germany · $1.6B](https://millionrounds.com/company/quantum-systems)
- [**Verily** United States · $1.3B](https://millionrounds.com/company/verily)
- [**Bedrock Robotics** United States · $870M](https://millionrounds.com/company/bedrock-robotics)
- [**OpenEvidence** United States · $775M](https://millionrounds.com/company/openevidence)
- [**PhysicsX** United Kingdom · $477M](https://millionrounds.com/company/physicsx)
- [**Enveda** United States · $461M](https://millionrounds.com/company/enveda)
- [**AlphaSense** United States · $383M](https://millionrounds.com/company/alphasense)
- [**Formation Bio** United States · $372M](https://millionrounds.com/company/formation-bio)
- [**Skydio** United States · $350M](https://millionrounds.com/company/skydio)
- [**Commure** United States · $340M](https://millionrounds.com/company/commure)

**How this map is made.** Every startup here has raised money in rounds we track. Each is placed at the city we hold for it, matched to that city's position in GeoNames (cities of 15,000 people or more; geonames.org, CC BY 4.0); startups without a city on record count in the totals but not on the map. Rebuilt nightly; updated 15 November 2026.

## More geo maps

[All geo maps](https://millionrounds.com/geo-maps)

[Market **Where marketing tech startups are based** 1,963 startups](https://millionrounds.com/geo-maps/where-marketing-tech-startups-are-based)[Market **Where fintech startups are based** 1,633 startups](https://millionrounds.com/geo-maps/where-fintech-startups-are-based)[Market **Where crypto and Web3 startups are based** 1,297 startups](https://millionrounds.com/geo-maps/where-crypto-and-web3-startups-are-based)[Market **Where food tech startups are based** 1,226 startups](https://millionrounds.com/geo-maps/where-food-tech-startups-are-based)[Market **Where edtech startups are based** 1,014 startups](https://millionrounds.com/geo-maps/where-edtech-startups-are-based)[Market **Where gaming startups are based** 914 startups](https://millionrounds.com/geo-maps/where-gaming-startups-are-based)

## Raising where these startups are?

Find the investors who back startups in these cities, with their cheques, rounds and partners, in the app with filters, lists and exports.

[Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)