According to Built in NYC, the city’s 100 biggest local tech companies currently employ more than 38,000 people, and 80 percent of them planned to expand in 2018. As these companies grow, the city is giving “established tech destinations a run for their money.”
In fact, New York City has grown from $2.3 billion invested in startups in 2012 to more than $13 billion in 2018. And according to the Global Startup Ecosystems Report from the New York City Economic Development Corporation, the city is now the world’s second highest performing ecosystem with 7,000 startups, 326,000 jobs, and over $71 billion in value.
Here are one of the largest NYC-based tech companies:
Vimeo: The “world’s largest ad-free open video platform,” Vimeo is home to more than 90 million members in over 150 countries. It currently has 550 employees.
It’s worth pointing out that New York also serves as a second base for some of the largest tech companies in the world, including Google, Uber, Twitter, and Amazon, who despite pulling out of the NYC HQ2, have signed leases for more than 400,000 square feet of office space in the city.
New York City Tech Market
YThe perception with “tech” jobs is that they are usually limited to app makers and funky startups, but that’s no longer based in reality. As we’ve pointed out, major industries like manufacturing and health are now in need of tech talent and skills. Here is an overview of the New York industries you should explore if you want to pursue a career in tech.