Riyadh has 57 startups in our sample database which represents about 59% of Saudi Arabia’s sampled startups. Riyadh is the highest-ranked startup ecosystem in Saudi Arabia.
In 2023, the startup scene of Riyadh developed considerably and increased in the Global Ecosystem Index by 99 spots.
Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!
Riyadh is ranked within the top 200 startup ecosystems globally.
Riyadh’s startups excel particularly in Fintech where it ranks 96 and in Ecommerce & Retail, and Transportation. Find out more
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On our map, you can explore a total of 16 startups for Fintech.
The Ecommerce & Retail industry in Riyadh is ranked 106 globally. There are 14 startups for Ecommerce & Retail on our sample database and map.
Transportation is ranked 117th in the world. Our database contains 11 startups for this industry.
Within Riyadh there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Ecommerce & Retail, Transportation. These three industries represent about 72% of the startups represented on the Startup Ecosystem Map of Riyadh.
Riyadh is Saudi Arabia's 1st best startup ecosystem and is ranked 5th in Middle East. With a population of 2M - 10M people, Riyadh is ranked 155th in the world. The city has some notable startup success stories including stc pay.
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