Nestled on Piedmont Avenue in the heart of Buckhead is a beacon of entrepreneurial synergy and economic growth. Founded 3 years ago by David Cummings, the Atlanta Tech Village has lived up to its mission to develop a thriving startup hub. This year, the Village helped 297 startups stay and grow in Atlanta and increased its membership by 26.5% with 933 total members. Of these hustlers, 21 companies achieved 7 figures in funding or ARR, and 43 earned 6 figures in annual revenue. All this lead to the $250+ million capital raised by Village startups in 2015.
“As the numbers show, 2015 was another exciting year for the Village,” explains Cummings. “We are continuously encouraged by not only our members and the amazing and innovative ideas that come out of our four walls, but also by how the startup community in Atlanta has poured into our members – providing them counsel, support and more importantly, a path to success.”
With a quarter billion earned this year alone, the Village has become one of the fastest-growing technology startup centers and co-working communities in the Southeast. This is attributed to its commitment to innovation and economic development, as well as community engagement. The Village hosted 433 (mostly free) events and gave 1,664 tours this year.
“We are big fans of strong culture, so everything we do contributes to our core values – pay it forward, be nice, work-hard-play-hard, and dream big,” said Karen Houghton, Director of the Atlanta Tech Village, in an interview with Hypepotamus. “The success of the culture comes from our mission and the density. People in the Village are able to learn from successes that have come before them, and, if there is a problem, everyone pitches in to help. Members are able to utilize the resources of the community around them, and we ensure people have everything that they could ever need.”
The success of the innovation center puts the Village in a unique position – they do not have to recruit, continue to maintain 100% occupancy, and have upwards of 20 startups chomping at the bit to grab a space among the tribe. While we may only be a few days into 2016, it looks like the Atlanta Tech Village will be riding high again this year. Just check out these numbers.
Interested in learning more about the Atlanta Tech Village? Attend events and connect with other entrepreneurs and innovators by checking out ATV’s calendar, or follow their updates and news on Twitter, Facebook, YouTube, and Instagram.