The Startup Ecosystem of Armenia
Armenia has 6 startups in our sample database.
CITY RANKING
While Armenia decreased by 77 spots in its global rank in the Global Startup Ecosystem Index of 2024, its ranking in Colombia remained stable at 9 nationally since 2023.
National Ranking
In Colombia
Regional Ranking
In South America
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Armenia Top Startup Industries
4 startups
Ecosystem HealthCheck
Armenia Ecosystem Health Check
The health check tables allow you to look at the performance Armenia 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
ECOSYSTEM
Browse the startup ecosystem database of Armenia
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Startup Ecosystem Charts
Startup Funding in Armenia2017 - 2024
Startup Funding in Armenia 2017 - 2024
From 2022 to 2023, startup funding in Armenia has remained stable%. During this period, the number of deals in Armenia has remained stable%. Since 2017, total startup funding in Armenia exceeded US$ $0.00.
Average Funding in 2023
$0.00
Funding in 2023
$0.00
Deals in 2023
0
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Armenia
Global Rank
Armenia is ranked within the top 1000 startup ecosystems globally.
Top Industries
Armenia’s startups excel particularly in Ecommerce & Retail where it ranks 415 and in Fintech, and Foodtech. Find out more
Top Cities for Startups in Colombia - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
No Data Available | ||||||
ECOSYSTEM
Why should you join Armenia's Startup Ecosystem?
Overview
Within Armenia there is an increased attraction for entrepreneurs to set up their startups in industries such as Ecommerce & Retail, Fintech, Foodtech. These three industries account for all startups represented on Armenia's Startup Ecosystem Map.
9th
National Rank
49th
Regional Rank
Overview
Armenia is Colombia's 9th best startup ecosystem and is ranked 49th in South America. With a population of <0.1M people, Armenia is ranked 989th in the world. The city has some notable startup success stories including Azahar Coffee.
BLOG
Recent Posts
Thu Mar 06 2025
The Impact of Government Support on Startups
A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]
Thu Feb 20 2025
Learning from Bulgaria: Stakeholder Engagement in Startup Ecosystems
In this episode of the Startup Ecosystem Podcast, we’re traveling back in time by revisiting an old recording to explore the state of Bulgaria’s startup ecosystem in 2022. This episode features an interview by Eli David Rokah, CEO of StartupBlink, with Momchil Vassilev, the Managing Director of Endeavor Bulgaria, discussing how different stakeholders’ engagement in […]
Wed Feb 12 2025
Top Cities & Countries for Foodtech Startups
Our new report, Winners in the Foodtech Startup Industry, highlights the top 20 countries and 40 cities leading worldwide in the full report. Additional data on 195 cities and 33 countries is available to StartupBlink Pro users. Using extensive data from sources like Semrush and Crunchbase, this report uncovers the leading ecosystems, most promising startups, […]