Tel Aviv Area has 1248 startups in our sample database. This represents about 68% of Israel’s startups. Tel Aviv Area is the highest-ranked startup ecosystem in Israel.
While Tel Aviv Area decreased by 1 spot in its global rank in the Global Startup Ecosystem Index of 2023, its ranking in Israel remained stable at 1 nationally since 2022.
Tel Aviv has risen to become a leader in launching technology businesses. The attractive investment environment is brought about by many factors, which includes being a country with a small population and scarce natural resources. Because of this, Tel Aviv and the country of Israel has to rely on human resources and people’s ability to think. The lack of natural resources has enabled people to rely on alternative resources.
Tel Aviv has a myriad of choices for businesses to operate from. Here are some two of them: UpWest Labs - started in Silicon Valley and features a hands-on approach; Cockpit by El Al – this is a travel and innovation hub.
There are thousands of annual events in the city that provide opportunities to network, learn, experiment, and recruit. The DLD Tel Aviv Innovation Conference is an international startup conference Key figures from various fields will be on hand to network and share their ideas. Israel Mobile Summit is the premier mobile event in Israel, bringing together the most prominent and brilliant innovators in mobile technology, apps, and mobile gaming. It is an innovation showcase and an exhibition of the hottest and latest in the mobile technology industry.
The Government of Israel funds young companies. They have funding programs for young entrepreneurs through the Economic Ministry and the Chief Scientist’s office. Their support has focused initiatives and smart regulations, but their main policy is to let the companies thrive and not to interfere.
Some of the notable corporations of the city are Payoneer, a cross-border payment platform that allows global commerce by connecting businesses, professionals, countries, and currencies; and Wix, a website building tool.
Tel Aviv is one of the most prominent startup hubs in the world. The sheer number of innovators, investors, incubators, and accelerators in the city makes it vibrant and exciting. The city is considered a major destination for the startup industry, and all eyes are looking forward to its bright future.
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The health check tables allow you to look at the performance Tel Aviv-Yafo 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...
Tel Aviv Area is ranked within the top 20 startup ecosystems globally.
Tel Aviv Area’s startups excel particularly in Energy & Environment where it ranks 6 and in Software & Data, and Marketing & Sales. Find out more
2023 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 10th - 1 | 56.774 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 79th + 7 | 8.476 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 133rd + 11 | 5.255 | 00.00 | 00.00 | 00.00 | |
4th 0 | 295th + 13 | 1.394 | 00.00 | 00.00 | 00.00 | |
5th 0 | 324th - 13 | 1.164 | 00.00 | 00.00 | 00.00 | |
6th 0 | 378th - 38 | 0.912 | 00.00 | 00.00 | 00.00 | |
7th + 1 | 484th + 30 | 0.525 | 00.00 | 00.00 | 00.00 | |
8th - 1 | 499th + 12 | 0.500 | 00.00 | 00.00 | 00.00 | |
9th 0 | 543rd - 20 | 0.427 | 00.00 | 00.00 | 00.00 | |
10th + 1 | 617th - 7 | 0.338 | 00.00 | 00.00 | 00.00 |
Within Tel Aviv Area there is an increased attraction for entrepreneurs to set up their startups in industries such as Energy & Environment, Software & Data, Marketing & Sales. These three industries represent about 42% of the startups represented on the Startup Ecosystem Map of Tel Aviv Area.
Tel Aviv Area is Israel's 1st best startup ecosystem and is ranked 1st in Middle East. With a population of 0.1M - 0.5M people, Tel Aviv Area is ranked 10th in the world. The city has some notable startup success stories including Similarweb and its startup ecosystem infrastructure is strengthened by organizations such as Wix and Regus - Modi'in, Dam HaMacbim Street.
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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 […]
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