The Startup Ecosystem of Chile

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


Since 2023, Chile lost 2 spots in the Global Startup Ecosystem Index, having now positioned itself as 36th worldwide.



Regional Ranking

In South America

Global Ranking



Startup Ecosystem Overview

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Chile, although relatively low in population, is a pioneer of economic development in Latin America, giving it a first mover advantage on innovative startup initiatives. However, with other Latin American ecosystems growing quickly, Chile’s startup ecosystem will need to reinvent itself to maintain its regional leader position. Chile’s economic over-reliance on physical resources like copper suggests its policymakers understand that developing a robust startup ecosystem will be required to keep the country’s economic fortunes. We can only hope that Chile’s recent political shift would not distract anyone from understanding that the real heroes of the economy are its entrepreneurs who should be celebrated as heroes of future economic growth.
A clearly effective program from a marketing standpoint, Startup Chile has garnered global acknowledgment for the country. The program is not restricted to Chilean entrepreneurs and supports founders around the world through an accelerator in Santiago, along with a 1 year startup visa. This was an innovative way to attract foreign entrepreneurs and other countries are now trying to replicate it. For this reason, we have marked Startup Chile as a member of the pantheon club on the StartupBlink map. Chilean ecosystem developers, like their Estonian counterparts, have assertively built a narrative. These efforts have clearly produced fruitful results as the country now has two unicorns: NotCo and Betterfly.
However, Chile’s startup ecosystem has unlocked potential. A challenge for the ecosystem is the tendency of startups to target the relatively small local market rather than international markets. The collaborative and innovative startup playground of Santiago de Chile, coupled with forward thinking and advanced startup promotion initiatives from the Chilean government, will serve Chile’s startup ecosystem well over the coming years.

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The Startup Ecosystem in Chile

Our startup ecosystem map for Chile includes a sample of 311 tech companies. We have identified as unicorns 2 startups that have passed the USD 1 billion valuations. Contributing to the vitality of this startup ecosystem are the 1 pantheon member entities.

Global Rank

Chile is ranked within the top 40 startup ecosystems globally.

Top Industries

Chile’s startup scene is best represented in Marketing & Sales, Energy & Environment, and in and Education.

Top Cities for Startups in Chile - 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 ▲
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2023 National Rank & Change City
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Notable Startups in Chile
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Houm startup icon
Migrante startup icon


Successful Marketing & Sales startups in Chile
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Ecopass Latam startup icon
Ecopass Latam
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Startups Ranking by Industry

Marketing & Sales icon
Marketing & Sales
#26 worldwide

On our map, you can explore a total of 111 startups for Marketing & Sales.

Energy & Environment icon
Energy & Environment
#31 worldwide

In South America, Chile's Energy & Environment is in top 31. Chile has a concentration of about 47 of the region's total Energy & Environment startups that are represented on our map.

Education icon
#38 worldwide

Chile's Education is ranked 38th in the world. Our database contains 34 for this industry.

Featured Ecosystem Portals

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