Israeli-founded companies generate $7.3 billion in Florida's economy across 429 companies and 26,510 jobs. The sectors, neighborhoods and institutions behind Florida's rise as Israel's second American address.
Israeli-founded companies generate $7.3 billion in Florida's economy, according to the United States-Israel Business Alliance (USIBA) Florida-Israel Economic Impact Report, which counts 429 companies and 26,510 jobs on 2024 data. That equals about 0.46 percent of Florida's state GDP. Capital from New York and a growing Jewish community arrived in the same places at the same time, which is why Florida is becoming Israel's second American address.
What do the 429 Israeli companies in Florida add up to?
The 429 Israeli-founded companies in Florida support 26,510 jobs, about 8,190 of them direct, and produce $7.3 billion in gross output, per the USIBA Florida-Israel Economic Impact Report. The remaining jobs come from suppliers, contractors and household spending.
Miami-Dade County accounts for more than $6 billion of that output, nearly 3 percent of the county's GDP, according to the same report. Wages run above local norms: a 12 percent premium over the state average, 30 percent above the local average in Palm Beach County, and an average salary of $96,600 in Orange County, 51 percent above the regional average.
Which sectors and companies drive the corridor?
Israeli companies in Florida cluster in cybersecurity, healthtech, life sciences, agtech, cleantech, energy, fintech, defense technology and space. Cybersecurity stands out because Israeli startups capture more than 20 percent of global cybersecurity fundraising.
Two companies with U.S. operations in the state have crossed the billion-dollar valuation line: Flow and Momentis Surgical.
Why did Israeli companies and capital move to Florida?
Israeli companies followed New York's capital and Jewish community south, drawn by zero state income tax, lower costs and a Jewish infrastructure that grew at the same time. Hedge funds and family offices moved first, and Jewish families followed for the same tax reasons plus a sense of safety that has strengthened since 2023.
The community numbers show the scale. Miami-Dade's Jewish population grew 7 percent to 130,100, Jewish children grew 13 percent, and day schools nearly doubled from 40 to 74, as documented in Florida's Jewish Institutional Build. In Aventura, Census data puts Hebrew-speaking households at 3.66 percent, the highest concentration of any U.S. city.
What infrastructure keeps the corridor running?
The Florida-Israel Business Accelerator (FIBA) has supported more than 100 companies entering the U.S. market since 2017, turning a founder's first American office into a lasting headquarters. Israel Tech Week Miami connects those founders with investors, and drew 1,500 attendees in 2025.
Flights and geography do the rest. El Al operates four nonstop Miami to Tel Aviv flights a week, and Fort Lauderdale service makes South Florida to Israel travel daily, per Olam's report on the nonstop route. Florida also gives Israeli technology a launch point into Latin America from a single time zone.
Who reported the $7.3 billion figure first?
The Times of Israel carried the first major report on the USIBA dataset, according to its coverage of the study, and JNS followed the same week. Calcalist reported that Israeli firms in Miami-Dade pay 18 percent above the local norm.
In April 2026, 5WPR published its Israeli Tech in Florida report, built on the USIBA data plus FIBA, Startup Nation Central and Israel Innovation Authority research. PR Newswire carried the release, which was picked up by Morningstar and Israel Defense. Florida Innovation News added that FIBA supports roughly a quarter of the 429 companies.
Everything-PR, Olam's publisher, covered the release in Israeli Tech Has a $7.3 Billion Footprint in Florida, and Ronn Torossian, Olam's publisher and founder of 5WPR, gives his view of the figure in Israeli Capital Moves South: The $7.3 Billion Number.
How large will the number get?
The $7.3 billion figure runs on 2024 data and has not been re-measured, so it is a floor. Since then, Adam Neumann's Flow closed a roughly $200 million deal in Miami's Wynwood, and Israeli cybersecurity firms keep opening Florida offices, as covered in Olam's cybersecurity report. A new USIBA measurement is the test.
Where can you read more on each part of the corridor?
The table below maps every Florida-Israel page on Olam by topic.
| Topic | Page | What it covers |
|---|---|---|
| Cybersecurity | Florida-Israel Cybersecurity | 14 Israeli firms on the Rising in Cyber 2026 list and the FIBA pipeline |
| Defense | Florida-Israel Defense Tech | XTEND drones and StemRad radiation vests from Tampa |
| Real estate | Israeli Developers Building South Florida | Dezer Development, Neumann's Flow and Shvo |
| Universities | FAU, FIU and the University Pipeline | FAU's $8.2M in Israel Bonds and FIU's $5M research grant |
| Community | Aventura Profile | The densest Israeli-American community in the U.S. |
| Neighborhoods | Where Israelis Live in South Florida | Surfside, Aventura and Boca Raton compared |
| Institutions | Jewish Institutional Build | Population, schools and synagogue growth in Miami-Dade |
| Schools | Jewish Day School Boom | A 15 percent enrollment increase, the largest in the country |
| Wealth | South Florida Jewish Wealth Corridor | Tri-county Jewish population and post-2020 financial relocation |
| Travel | Tel Aviv to Miami Nonstop Route | El Al and Fort Lauderdale service |
| Events | Israel Tech Week Miami | The conference and its founders |
| Food | Israeli Food Culture in South Florida | Pita Hut, Motek and HaSalon |
Developer profiles cover Michael Dezer, Gil Dezer, Michael Shvo, BH Group and Flow. Company profiles cover Momentis Surgical, Navina and ECOncrete.
How we report: Olam stories draw on public filings, company disclosures and named sources, checked by our editors. Read our methodology · Corrections
