The Startup Ecosystem of Madrid
Madrid has 693 startups in our sample database. This represents about 23% 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
60 startups
220 startups
26 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
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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 44% 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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