Cleveland continues to fall on annual list of Midwest startups

Cleveland slipped one spot on this year’s Best of the Midwest: Startup City Rankings list by Chicago venture capital firm M25 Ventures.

Cleveland ranked 12th on the 2022 list, nosed out of its 11th rank in 2021 by Kansas City, Missouri, according to the M25 analysis.

Cleveland’s ranking has been steadily declining on the list since ranking fifth in the Midwest in 2017.

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Story excerpt provided by Cleveland Inno.

Written by Mary Vanac.

Originally published August 9, 2022.