The Startup Ecosystem of Manila Area

Manila Area has 189 startups in our sample database which represents about 71% of The Philippines’s sampled startups. Manila Area is the highest-ranked startup ecosystem in The Philippines.

CITY RANKING

In 2023, the startup scene of Manila Area shows much promise after advancing in the Global Ecosystem Index by 5 spots.

National Ranking

1st
0
In Philippines

Regional Ranking

5th
0
In South East Asia

Global Ranking

95th
+
5
Worldwide
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ECOSYSTEM

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Ecosystem

The Startup Ecosystem in Manila

Our startup ecosystem map for Manila Area includes a sample of 189 tech companies. We have identified as unicorns 2 startups that have passed the USD 1 billion valuations. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Manila Area is ranked within the top 100 startup ecosystems globally.

Top Industries

Manila Area’s startups excel particularly in Fintech where it ranks 43 and in Education, and Hardware & IoT. Find out more

Top Cities for Startups in Philippines - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2023 National Rank & Change ▲
Access subscores for 1000 cities and 100 countries
2023 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
95th
+
5
7.429
00.00
00.00
00.00
2nd
0
468th
-
19
0.569
00.00
00.00
00.00
3rd
0
661st
+
47
0.296
00.00
00.00
00.00
4th
0
904th
+
48
0.148
00.00
00.00
00.00
5th
0
951st
+
8
0.131
00.00
00.00
00.00
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Startups

Notable Startups in Manila
PayMaya startup icon
PayMaya
Coins.ph startup icon
Coins.ph
PDAX startup icon
PDAX

Startups

Successful Fintech startups in Manila
PayMaya startup icon
PayMaya
Coins.ph startup icon
Coins.ph
PDAX startup icon
PDAX

Startups

Startups Ranking by Industry

Fintech icon
Fintech
#43 worldwide

On our map, you can explore a total of 23 startups for Fintech.

Education icon
Education
#55 worldwide

The Education industry in Manila Area is ranked 55 globally. There are 16 startups for Education on our sample database and map.

Hardware & IoT icon
Hardware & IoT
#72 worldwide

Hardware & IoT is ranked 72nd in the world. Our database contains 14 startups for this industry.

ECOSYSTEM

Why should you join Manila's Startup Ecosystem?

Overview

Within Manila Area there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Education, Hardware & IoT. These three industries represent about 28% of the startups represented on the Startup Ecosystem Map of Manila Area.

1st

National Rank

5th

Regional Rank

Overview

Manila Area is The Philippines' 1st best startup ecosystem and is ranked 5th in South East Asia. With a population of 0.1M - 0.5M people, Manila Area is ranked 95th in the world. The city has some notable startup success stories including PayMaya.

ECOSYSTEM
Startup Infrastructure in Manila
With a large variety of initiatives, Manila Area's startup ecosystem stands out from other cities in South East Asia. Manila Area offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Manila Area's most prominent support initiatives:

Accelerators

UPSCALE Innovation Hub startup icon

UPSCALE Innovation Hub

TOMASInno Center startup icon

TOMASInno Center

Animo Labs Technology Business Incubator startup icon

Animo Labs Technology Business Incubator

Coworking Spaces

933 Coworking Mnl startup icon

933 Coworking Mnl

CoSpace Katipunan startup icon

CoSpace Katipunan

The Company Cebu startup icon

The Company Cebu

Organizations

Benilde HiFi startup icon

Benilde HiFi

Featured Ecosystem Portals

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Go to portal

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