When investors or entrepreneurs ask how they can get to know Tennessee’s ecosystem, we tell them that 3686 is the place to do it.
You don’t want to miss an event that drew 820+ people from 23 states in 2022.
If you’re curious about what Tennessee has to offer, check out these fast facts.
- At last year’s 3686, LaunchTN brought together $227 billion in assets under management. (That’s a billion with a B.)
- This quarter, there were 52 deals made and a total of $166 million invested in Tennessee — that’s a 55 percent increase compared to the same time last year.
- The average deal size for seed stage companies increased by roughly 68% quarter-over-quarter in Tennessee, jumping from $1.3M in Q1 2023 to $2.2M in Q2 2023.
- Launch Tennessee has matched federal funding for 130 companies throughout the state. Those funds have gone on to create 650 jobs that have an average of more than $80,000 a year.
- Those matching funds have created nearly $350 million in total economic impact.
