St. Louis, KC named in top 10 for startup scenes

In a list compiled by Mattermark on the fastest-growing startup scenes in the country, St. Louis and Kansas City were both named in the top 10.

Mattermark compiled the list through funding data and took into account the number of investment rounds closed and the total deal value. Then it looked to see which cities showed the biggest increase in deal action between 2014 and 2015. It also measured the average annual-growth rate in deal rounds and value between 2012 and 2015.

Kansas City received the No. 10 spot, with 31.56 percent deal growth in 2015 and 9.61 percent average growth since 2012. Editors at Mattermark also complimented Kansas City’s food scene, calling its barbecue ‘delightful.’

St. Louis got top marks at No. 1, with 342.70 percent deal growth from 2014 to 2015 and 33.02 percent average growth since 2012. Mattermark named the area as one of the most exciting cities for 2016 and cited its huge spike in investment activity in 2015. Additionally, editors called it startup scene with sustainable momentum.

Read more: Mattermark, Business Insider

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