The Startup Ecosystem of Madrid
Madrid has 504 startups in our sample database. This represents about 19% of Spain’s startups. Madrid is the 2nd best startup ecosystem in Spain.
CITY RANKING
In 2023, the startup scene of Madrid shows much promise after advancing in the Global Ecosystem Index by 1 spot.
National Ranking
In Spain
Regional Ranking
In Western Europe
Global Ranking
Worldwide
Startups
Madrid Top Startup Industries
52 startups
141 startups
20 startups
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Ecosystem HealthCheck
Madrid Ecosystem Health Check
The health check tables allow you to look at the performance Madrid 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...
- Overperformance
- Performance equal to global ranking
- Underperformance
ECOSYSTEM
Browse the startup ecosystem database of Madrid
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Ecosystem
The Startup Ecosystem in Madrid
Global Rank
Madrid is ranked within the top 50 startup ecosystems globally.
Top Industries
Madrid’s startups excel particularly in Social & Leisure where it ranks 34 and in Software & Data, and Edtech. Find out more
Top Cities for Startups in Spain - Ranked by StartupBlink
| 2023 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
|---|---|---|---|---|---|---|
1st 0 | 40th - 3 | 17.658 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 49th + 1 | 13.514 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 184th - 25 | 3.317 | 00.00 | 00.00 | 00.00 | |
4th 0 | 284th - 14 | 1.504 | 00.00 | 00.00 | 00.00 | |
5th 0 | 332nd - 8 | 1.141 | 00.00 | 00.00 | 00.00 | |
6th + 1 | 340th + 20 | 1.065 | 00.00 | 00.00 | 00.00 | |
7th + 1 | 370th + 2 | 0.933 | 00.00 | 00.00 | 00.00 | |
8th - 2 | 382nd - 31 | 0.890 | 00.00 | 00.00 | 00.00 | |
9th 0 | 418th - 4 | 0.757 | 00.00 | 00.00 | 00.00 | |
10th 0 | 436th - 12 | 0.704 | 00.00 | 00.00 | 00.00 |
Startups
Notable Startups in Madrid
Startups
Successful Social & Leisure startups in Madrid
ECOSYSTEM
Why should you join Madrid's Startup Ecosystem?
Overview
Within Madrid there is an increased attraction for entrepreneurs to set up their startups in industries such as Social & Leisure, Software & Data, Edtech. These three industries represent about 42% of the startups represented on the Startup Ecosystem Map of Madrid.
2nd
National Rank
9th
Regional Rank
Overview
Madrid is Spain's 2nd best startup ecosystem and is ranked 9th in Western Europe. With a population of 2M - 10M people, Madrid is ranked 49th in the world. The city has some notable startup success stories including Spotahome and its startup ecosystem infrastructure is strengthened by organizations such as Amadeus IT Group and Regus Cuzco.
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Recent Posts
Mon Sep 25 2023
Role of Universities in Startup Ecosystems
In this article, we’ll explore the role of universities in startup ecosystems. Join us for an enlightening discussion in the 39th episode of our Startup Ecosystem Podcast series, where Martin Jordana welcomes David Kwok. David, the Director of Entrepreneurship & Innovation at YSpace —a university run community innovation hub nestled in Downtown Markham —shares valuable […]
Tue Sep 19 2023
The Global Startup Ecosystem Rankings by StartupBlink
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 […]
Fri Sep 08 2023
Where are the Cities of the Future for Startups?
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 […]