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The Startup Ecosystem of Venezuela

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

COUNTRY RANKING

Venezuela’s startup scene saw an increase in 2023 and jumped 2 spots from the previous year, outranking Myanmar.

Population

28.3
Million

Regional Ranking

9th
-
1
In South America

Global Ranking

106th
+
2
Worldwide

Startups

Venezuela Top Startup Industries

Software & Data icon
Software & Data
5 startups

5 startups

Ecommerce & Retail icon
Ecommerce & Retail
3 startups

3 startups

Fintech icon
Fintech
2 startups

2 startups

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Ecosystem HealthCheck

Venezuela Ecosystem Health Check

The health check tables allow you to look at the performance Venezuela 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 Score10620.209100%0
Quantity Score10230.09846.71%6
Sample size of startups9452137.8%-1
Sample size of accelerators75-81-740%0
Sample size of coworking spaces101-103-2100%1
Community Score75N/A0.0198.91%0

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ECOSYSTEM

Browse the startup ecosystem database of Venezuela

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Ecosystem

The Startup Ecosystem in Venezuela

In 2023, Venezuela register a rise in Software & Data startups. Some of the most notable success stories in this industry are those of , SinCola.

Global Rank

Venezuela is ranked below the top 1000 startup ecosystems globally.

Top Industries

Venezuela’s startup scene is best represented in Software & Data, Ecommerce & Retail, and in and Fintech.

Top Cities for Startups in Venezuela - 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
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Quantity Score		Quality ScoreBusiness Score
1st
0
Caracas, Venezuela
558th
+
71
0.408
00.00
00.00
00.00
Page out of 1

Startups

Notable Startups in Venezuela
SinCola startup icon
SinCola
Dawere International, Inc. startup icon
Dawere International, Inc.
Estadeboda startup icon
Estadeboda

Startups

Successful Software & Data startups in Venezuela
Estadeboda startup icon
Estadeboda
Tikket startup icon
Tikket
DANAConnect startup icon
DANAConnect

Featured Startup Ecosystems

Taiwan
One of the leading Hardware and IoT hubs in the world wth high-tech R&D capacity and highly-trained professionals
Regional Ranking
4th
in East Asia
Global Ranking
24th
worldwide
Population
23.9
million
Top Industries
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Somalia
An inspiring ecosystem that is steadily due to its growing use of digital technologies, rapid urbanization and planned investments
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98th
worldwide
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17.6
million
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Singapore
A growing regional and global startup leader
Regional Ranking
1st
in South East Asia
Global Ranking
6th
worldwide
Population
5.5
million
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Bogota, Colombia
A vibrant and strong startup hub attracting international recognition and investment
National Ranking
1st
in Colombia
Regional Ranking
2nd
in South America
Global Ranking
65th
worldwide
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Seoul, South Korea
A leading regional startup hub owing its succes to the creative and innovative spirit of its people
National Ranking
1st
in South Korea
Regional Ranking
5th
in East Asia
Global Ranking
24th
worldwide
Top Industries
Social & Leisure icon
Hardware & IoT icon
Ecommerce & Retail icon
Go to portal
Tokyo, Japan
An innovative city with a global startup ecosystem
National Ranking
1st
in Japan
Regional Ranking
3rd
in East Asia
Global Ranking
14th
worldwide
Top Industries
Hardware & IoT icon
Marketing & Sales icon
Edtech icon
Go to portal
Sunshine Coast, Australia
One of the fastest growing ecosystems in Australia
National Ranking
5th
in Australia
Regional Ranking
6th
in Australia and Oceania
Global Ranking
230th
worldwide
Top Industries
Foodtech icon
Energy & Environment icon
Hardware & IoT icon
Go to portal
Kyoto, Japan
The "Start-up Capital" of Japan
National Ranking
3rd
in Japan
Regional Ranking
18th
in East Asia
Global Ranking
172nd
worldwide
Top Industries
Hardware & IoT icon
Energy & Environment icon
Foodtech icon
Go to portal
Cali, Colombia
The main city and economic hub of Colombia’s Pacific Coast in the Valle de Cauca region
National Ranking
3rd
in Colombia
Regional Ranking
13th
in South America
Global Ranking
282nd
worldwide
Top Industries
Marketing & Sales icon
Edtech icon
Foodtech icon
Go to portal
Kingston, Canada
A growing startup ecosystem owing to its workforce and industries.
National Ranking
9th
in Canada
Regional Ranking
62nd
in North America
Global Ranking
180th
worldwide
Top Industries
Energy & Environment icon
Hardware & IoT icon
Edtech icon
Go to portal
Yokneam, Israel
National Ranking
4th
in Israel
Regional Ranking
8th
in Middle East
Global Ranking
295th
worldwide
Top Industries
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