Armenia has 6 startups in our sample database.
Since 2023, Armenia lost 912 spots in the Global Startup Ecosystem Index, having now positioned itself as 912th worldwide.
3 startups
1 startups
1 startups
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The health check tables allow you to look at the performance Armenia has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
Armenia is ranked within the top 1000 startup ecosystems globally.
Armenia’s startups excel particularly in Ecommerce & Retail where it ranks 293 and in Software & Data, and Fintech. Find out more
2023 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 65th + 5 | 9.891 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 168th + 37 | 3.750 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 282nd + 11 | 1.549 | 00.00 | 00.00 | 00.00 | |
4th 0 | 411th + 15 | 0.774 | 00.00 | 00.00 | 00.00 | |
5th new | 775th new | 0.210 | 00.00 | 00.00 | 00.00 | |
6th new | 785th new | 0.203 | 00.00 | 00.00 | 00.00 | |
7th new | 807th new | 0.194 | 00.00 | 00.00 | 00.00 | |
8th - 3 | 871st new | 0.164 | 00.00 | 00.00 | 00.00 | |
9th new | 912th new | 0.146 | 00.00 | 00.00 | 00.00 | |
10th new | 920th new | 0.144 | 00.00 | 00.00 | 00.00 |
Within Armenia there is an increased attraction for entrepreneurs to set up their startups in industries such as Ecommerce & Retail, Software & Data, Fintech. These three industries represent about 83% of the startups represented on the Startup Ecosystem Map of Armenia.
Armenia is Colombia's 9th best startup ecosystem and is ranked 44th in South America. With a population of <0.1M people, Armenia is ranked 912th in the world. The city has some notable startup success stories including Azahar Coffee.
The Global Startup Ecosystem Index (GSEI) reveals the startup ecosystem rankings of 1,000 cities and 100 countries based on various factors. It uses an algorithm that considers many parameters and incorporates data from different sources and partners such as Crunchbase, SEMRush and Statista. The results of this index are also integrated with the StartupBlink Global […]
At StartupBlink, we always say that where you base your startup highly affects your success. Hence, the Global Startup Ecosystem Index sheds light on location-based decisions for startups and other ecosystem stakeholders. In this episode of the Startup Ecosystem Podcast, Eli David and Martin Jordana go further to discuss the cities of the future for […]
A comprehensive startup ecosystem database can help you to allocate resources better, improve information flow, foster collaboration, and drive innovation. Additionally, it is a way to showcase resources and opportunities available in your ecosystem to entrepreneurs and startups interested in relocation or building a business overseas. This is an essential part of building a thriving […]