The Startup Ecosystem of Manila Area

Manila Area has 199 startups in our sample database. This represents about 69% of The Philippines’s 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

Startups

Manila Top Startup Industries

Fintech icon
Fintech
#43 worldwide

17 startups

Edtech icon
Edtech
#55 worldwide

11 startups

Hardware & IoT icon
Hardware & IoT
#72 worldwide

5 startups

Ecosystem HealthCheck

Manila Ecosystem Health Check

The health check tables allow you to look at the performance Manila 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

ECOSYSTEM

Browse the startup ecosystem database of Manila

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Ecosystem

The Startup Ecosystem in Manila

Our startup ecosystem map for Manila Area includes a sample of 199 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 Edtech, 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 ▲
2023 National Rank & Change City
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Global Rank & ChangeTotal Score
Access subscores for 1000 cities and 100 countries
Quantity Score
Quality 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

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, Edtech, Hardware & IoT. These three industries represent about 17% 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.

Featured Startup Ecosystems

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Recent Posts

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 […]

Thu Aug 31 2023

Building a database for your startup ecosystem

A comprehensive startup ecosystem database can help you to allocate resources better, improve information flow, foster collaboration, and drive innovation. Additionally, it is a way to showcase resources and opportunities available in your ecosystem to entrepreneurs and startups interested in relocation or building a business overseas. This is an essential part of building a thriving […]