The Startup Ecosystem of Bogota
Bogota has 790 startups in our sample database. This represents about 50% of Colombia’s startups. Bogota is the highest-ranked startup ecosystem in Colombia.
CITY RANKING
In 2024, the startup scene of Bogota shows much promise after advancing in the Global Ecosystem Index by 2 spots.
National Ranking
In Colombia
Regional Ranking
In South America
Global Ranking
Worldwide
In partnership with
Ecosystem
Startup Ecosystem Overview
Bogota’s startup ecosystem thrives on a strong talent pool, with 62% of Colombia’s tech companies headquartered in the city. Over 150,000 IT professionals and 15,000 IT graduates annually fuel innovation and technological advancements. Infrastructure development is a key focus, with 19.7% of Bogota’s GDP allocated to construction sector activities. The city boasts the largest fleet of electric buses in Latin America and is implementing mega projects to reduce traffic congestion.
The city hosts events like GoFest and Bogota Startup Week to foster knowledge sharing and networking. Private investment from venture capital firms like PolyMath and Sequoia plays a vital role in supporting startups. Colombia’s public sector offers incentives, such as the digital nomad visa and the Young Entrepreneurs Law, to promote entrepreneurship and investment. Investments in scientific or technological development receive a 100% deduction from net income, and creative industries benefit from tax exemptions under the Orange Economy Law. Public sector initiatives like CEmprende and the District of Science, Technology, and Innovation of Bogotá-Region strengthen the ecosystem by fostering collaboration.
With supportive public sector incentives and private investment opportunities, the Bogota startup ecosystem offers an exciting environment for startups and investors.
Startups
Bogota Top Startup Industries
34 startups
39 startups
137 startups
Ecosystem HealthCheck
Bogota Ecosystem Health Check
The health check tables allow you to look at the performance Bogota 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 Bogota
Showing 1 – 20 out of 790
Become our Bogota Ecosystem Partner
Startup Ecosystem Charts
Startup Funding in Bogota2017 - 2024
Startup Funding in Bogota 2017 - 2024
From 2022 to 2023, startup funding in Bogota has decreased by 88.03%. During this period, the number of deals in Bogota has decreased by 57.86%. Since 2017, total startup funding in Bogota exceeded US$ $11.25B.
Average Funding in 2023
$3.52M
Funding in 2023
$236.01M
Deals in 2023
67
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Bogota
Global Rank
Bogota is ranked within the top 100 startup ecosystems globally.
Top Industries
Bogota’s startups excel particularly in Transportation where it ranks 20 and in Foodtech, and Fintech. Find out more
Top Cities for Startups in Colombia - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
1st 0 | 63rd + 2 | 11.553 | 2.232 | 7.085 | 2.236 | |
2nd 0 | 162nd + 6 | 3.886 | 1.060 | 1.330 | 1.496 | |
3rd 0 | 281st + 1 | 1.463 | 0.498 | 0.404 | 0.561 | |
4th 0 | 420th - 9 | 0.737 | 0.197 | 0.258 | 0.283 | |
5th + 1 | 738th + 47 | 0.224 | 0.097 | 0.041 | 0.086 | |
6th - 1 | 764th + 11 | 0.203 | 0.109 | 0.016 | 0.078 | |
7th 0 | 795th + 12 | 0.191 | 0.092 | 0.025 | 0.073 | |
8th 0 | 897th - 26 | 0.148 | 0.077 | 0.015 | 0.057 | |
9th 0 | 989th - 77 | 0.119 | 0.053 | 0.020 | 0.045 | |
10th 0 | 1043rd - 123 | 0.103 | 0.047 | 0.017 | 0.040 |
ECOSYSTEM
Why should you join Bogota's Startup Ecosystem?
Overview
Within Bogota there is an increased attraction for entrepreneurs to set up their startups in industries such as Transportation, Foodtech, Fintech. These three industries represent about 27% of the startups represented on the Startup Ecosystem Map of Bogota.
1st
National Rank
2nd
Regional Rank
Overview
Bogota is Colombia's 1st best startup ecosystem and is ranked 2nd in South America. With a population of 10M+ people, Bogota is ranked 63rd in the world. The city has some notable startup success stories including Rappi and its startup ecosystem infrastructure is strengthened by organizations such as Rappi and Carrera 11B # 99 - 25.
ECOSYSTEM
Startup Infrastructure in Bogota
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, […]