Colombia has 11 cities in the top 1000 and is one of South America’s best countries for setting up a startup.
Colombia’s startup scene saw an increase in 2023 and jumped 4 spots from the previous year, outranking Indonesia.
Colombia’s startup ecosystems are becoming an important engine for the country’s economy, with various initiatives supporting entrepreneurship both at the national and municipal levels. The US$ 1 billion investment of Softbank in Rappi, a Colombian delivery app, in 2019 was an important milestone and a powerful signal that demonstrated the potential of Colombian startups as they take the lead in the region. More startups, such as La Haus, Plazzi, and Ontop, are lining up to follow in Rappi’s footsteps.
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The health check tables allow you to look at the performance Colombia 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...
Colombia is ranked within the top 50 startup ecosystems globally.
Colombia’s startup scene is best represented in Transportation, Foodtech, and in and Fintech.
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 |
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 […]