The Startup Ecosystem of Peru

Peru has 1 city in the top 1000 and is one of South America’s best countries for setting up a startup.


Since 2023, Peru lost 6 spots in the Global Startup Ecosystem Index, having now positioned itself as 69th worldwide.



Regional Ranking

In South America

Global Ranking



Startup Ecosystem Overview

city on island during day
Although Peru is an early stage startup ecosystem, the founders of Peruvian startups are proudly creating companies with regional scope. Local startup potential is evidenced by the investments received from top accelerators, including Y Combinator. Additionally, international startups can use Peru, which offers affordable operating costs, as a foothold into the South American market. For example, Ecuador’s paytech unicorn Kushki is now in Peru. The ease of doing business in Peru is improving, and so are the favorable laws for investing in the country. While there are still no startup visas, the country is welcoming foreign investors with the Investor Visa.

Startup founders have room to innovate and scale up with the relatively low competition, and the country has solid relationships not only within Latin America, but also with the EU, Canada, and China. On the other hand, since Peruvian startup ecosystems are still developing, the country lacks entrepreneurs experienced in scaling startups; once this changes, the ecosystem will grow further.

The country has come a long way in improving its infrastructure but there is still room for reform, legislation, and improvements in executing policy. The government realizes that startups are critical for the future, and initiatives like StartUp Perú and ProInnóvate support local entrepreneurs. In addition, the Peruvian Seed and Venture Capital Association (PECAP) promotes venture capital investment in the country from both local and foreign sources. Another notable initiative, Emprende Up, is the accelerator at the University of the Pacific that offers a 6-month-long incubation program to scalable startups. Peru is still lagging behind leading Latin American countries in terms of innovation and growth, and the public sector involvement will be critical to make sure to narrow those gaps.


Peru Top Startup Industries

Edtech icon
#45 worldwide

18 startups

Healthtech icon
#55 worldwide

11 startups

Social & Leisure icon
Social & Leisure
#63 worldwide

11 startups

Ecosystem HealthCheck

Peru Ecosystem Health Check

The health check tables allow you to look at the performance Peru 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
ParameterParameter Global rankParameter rank change since 2022ResultContribution to total scoreRank gain / loss due to parameter
Total Score69-61.185100%0
Quantity Score76-20.27423.11%0
Sample size of startups6317020.24%-3
Sample size of accelerators59-61-980%0
Sample size of coworking spaces4311080%0
Community Score37N/A0.0342.86%0


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The Startup Ecosystem in Peru

In 2023, Peru register a rise in Edtech startups. Some of the most notable success stories in this industry are those of , Crehana.

Global Rank

Peru is ranked within the top 100 startup ecosystems globally.

Top Industries

Peru’s startup scene is best represented in Edtech, Healthtech, and in Social & and Leisure.

Top Cities for Startups in Peru - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
2023 National Rank & Change ▲
2023 National Rank & Change City
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Global Rank & ChangeTotal Score
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Quantity Score
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Notable Startups in Peru
Crehana startup icon
OlaClick (YC W21) startup icon
OlaClick (YC W21)
Talently startup icon


Successful Edtech startups in Peru
Crehana startup icon
Talently startup icon
Arcux startup icon

Featured Startup Ecosystems

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