EXECUTIVE SUMMARY
$5M
Raised by Payload in 2022
Payload accepted into Y-Combinator in 2022
Payload acquired by Figma , a San Francisco- based design platform, in June 2025
$1.2B
IPO led by Figma a month later
2 Data Centers
proposed by Microsoft in Greater Grand Rapids.
Named the number one city on the rise in 2025 according to LinkedIn
Greater Grand Rapids named the most entrepreneurial tech ecosystem in the Midwest for growth by Dealroom.co
01
TECH REPORT 2025
EXECUTIVE SUMMARY
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