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CIC (Cambridge Innovation Center) Snapshot
Change the world through innovation by developing ecosystems that enable exceptional entrepreneurs to create new products and companies better and faster. We're a gym for innovation muscles.
CIC was founded in 1999 in Kendall Square (Cambridge, Massachusetts) and houses more than 1,000 companies across 8 locations, offering premium office and coworking space. CIC companies come from a wide variety of industries, and while our community is composed primarily of startups, it also includes larger companies, investors, and service providers.
We measure our success through our economic impact. Startups housed at CIC have raised over $2 billion in venture capital investment and created over $2 billion of publicly disclosed exit value, CIC companies have added an estimated 40,000 jobs to the economy. In Cambridge, this hive of innovation has drawn the four largest venture capital funds in Massachusetts, with a combined $7.1 billion of assets under management, to relocate their headquarters into CIC’s buildings, alongside a number of smaller funds. Capital, mixed with exceptional talent and strong ideas, accelerates job growth and value creation.
We believe in the power of innovation to build a better world. The latest product of our ecosystem, CIC Health, is transforming COVID-19 testing and vaccinations in the U.S.
We measure our success through our economic impact. Startups housed at CIC have raised over $2 billion in venture capital investment and created over $2 billion of publicly disclosed exit value, CIC companies have added an estimated 40,000 jobs to the economy. In Cambridge, this hive of innovation has drawn the four largest venture capital funds in Massachusetts, with a combined $7.1 billion of assets under management, to relocate their headquarters into CIC’s buildings, alongside a number of smaller funds. Capital, mixed with exceptional talent and strong ideas, accelerates job growth and value creation.
We believe in the power of innovation to build a better world. The latest product of our ecosystem, CIC Health, is transforming COVID-19 testing and vaccinations in the U.S.
