Forbes magazine picks Columbus as the top venture capital city. The city scored high for its college presence, low cost of living and doing business, increase in venture capital deals and the high number of funds making investments.

Columbus as a hot spot for venture capitalists has caught the attention of Forbes magazine.

Forbes has put Columbus atop a list of emerging startup cities, ahead of other big cities such as Atlanta, Philadelphia and Denver.

The magazine, in conjunction with Revolution, a venture capital firm led by AOL co-founder Steve Case, put together the list based on 13 metrics, including the cost of living, entrepreneurship rates, working-age population growth and venture capital investments.

Columbus scored high for its college presence, low cost of living and doing business, increase in venture capital deals and the high number of funds making investments that have been launched since 2013.

"Former Sequoia Capital partners Chris Olsen and Mark Kvamme left Silicon Valley in 2012 to establish Drive Capital, which now ranks as the biggest VC firm in Columbus. The number of funds per capita in Columbus rank among the highest of any city," the article states.

>>Read more: Columbus home prices would skyrocket if Amazon brings HQ2 here

Companies such as auto-insurer Root and SafeChain are among those that have caught the eyes of investors.

Top 10 Rising Cities For StartupsInfogram

Forbes list of top emerging cities for venture capital:

1. Columbus

2. St. Louis

3. Atlanta

4. Denver

5. Baltimore

6. Cincinnati

7. Portland

8. Philadelphia

9. Minneapolis-St. Paul

10. Charlotte

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