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The Startup Ecosystem of Bucharest

Bucharest has 262 startups in our sample database. This represents about 58% of Romania’s startups. Bucharest is the highest-ranked startup ecosystem in Romania.

CITY RANKING

In 2024, the startup scene of Bucharest shows much promise after advancing in the Global Ecosystem Index by 1 spot.

National Ranking

1st
0
In Romania

Regional Ranking

8th
0
In Eastern Europe

Global Ranking

109th
+
1
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Bucharest Top Startup Industries

Software & Data icon
Software & Data
#64 worldwide

116 startups

Marketing & Sales icon
Marketing & Sales
#92 worldwide

24 startups

Hardware & IoT icon
Hardware & IoT
#95 worldwide

16 startups

Ecosystem HealthCheck

Bucharest Ecosystem Health Check

The health check tables allow you to look at the performance Bucharest 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
IndustryGlobal rankMomentum YoYNumber of Startups
Global109262
Software & Data64-5115
Marketing & Sales00.0000.0000.00
Hardware & IoT00.0000.0000.00
Ecommerce & Retail00.0000.0000.00
Fintech00.0000.0000.00
Edtech00.0000.0000.00
Social & Leisure00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Bucharest

Download list
Elefant.ro startup logo
Ecommerce & Retail | Ecommerce
Unranked
Amber startup logo
Software & Data | Apps
Unranked
Unranked
Ialoc startup logo
Ecommerce & Retail | Ecommerce
Unranked
Druid startup logo
Software & Data | Artificial Intelligence
Unranked
Kinderpedia startup logo
Software & Data | Apps
Unranked
Bware Labs startup logo
Fintech | Blockchain
Unranked
YAROOMS startup logo
Software & Data | SaaS
Unranked
EDUS startup logo
Software & Data | Enterprise Technology
Unranked
ESX startup logo
Healthtech | Health Care
Unranked
Footprints AI startup logo
Software & Data | Artificial Intelligence
Unranked

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Startup Ecosystem Charts

Startup Funding in Bucharest2017 - 2024

Startup Funding in Bucharest 2017 - 2024

From 2022 to 2023, startup funding in Bucharest has increased by 33.44%. During this period, the number of deals in Bucharest has decreased by 48.65%. Since 2017, total startup funding in Bucharest exceeded US$ $3.51B.

Average Funding in 2023

$5.03M

Bucharest
Romania
+159.86% YoY

Funding in 2023

$191.26M

Bucharest
Romania
+33.44% YoY

Deals in 2023

38

Bucharest
Romania
-48.65% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B0255075100

Ecosystem

The Startup Ecosystem in Bucharest

Startups in Bucharest excel in Software & Data, Marketing & Sales, and Hardware & and IoT. There are some notable success stories contributing to the city’s growing Software & Data industry. One of the most promising startups in Bucharest in 2024 is Elefant.ro, Amber, and Deepstash.

Global Rank

Bucharest is ranked within the top 150 startup ecosystems globally.

Top Industries

Bucharest’s startups excel particularly in Software & Data where it ranks 64 and in Marketing & Sales, and Hardware & IoT. Find out more

Top Cities for Startups in Romania - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
1st
0
109th
+
1
7.076
00.00
00.00
00.00
2nd
0
390th
-
40
0.877
00.00
00.00
00.00
3rd
0
643rd
-
37
0.292
00.00
00.00
00.00
4th
0
744th
-
124
0.214
00.00
00.00
00.00
5th
0
823rd
-
85
0.175
00.00
00.00
00.00
6th
0
854th
-
64
0.164
00.00
00.00
00.00
7th
0
1033rd
-
56
0.106
00.00
00.00
00.00
8th
new
1216th
new
0.062
00.00
00.00
00.00
9th
new
1221st
new
0.061
00.00
00.00
00.00
10th
new
1236th
new
0.058
00.00
00.00
00.00
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Startups

Notable Startups in Bucharest
Elefant.ro startup icon
Elefant.ro
Amber startup icon
Amber
Deepstash startup icon
Deepstash

ECOSYSTEM

Why should you join Bucharest's Startup Ecosystem?

Overview

Within Bucharest there is an increased attraction for entrepreneurs to set up their startups in industries such as Software & Data, Marketing & Sales, Hardware & IoT. These three industries represent about 60% of the startups represented on the Startup Ecosystem Map of Bucharest.

1st

National Rank

8th

Regional Rank

Overview

Bucharest is Romania's 1st best startup ecosystem and is ranked 8th in Eastern Europe. With a population of 2M - 10M people, Bucharest is ranked 109th in the world. The city has some notable startup success stories including Elefant.ro and its startup ecosystem infrastructure is strengthened by organizations such as UiPath and WeLoveDigital.ro.

ECOSYSTEM
Startup Infrastructure in Bucharest
With a large variety of initiatives, Bucharest's startup ecosystem stands out from other cities in Eastern Europe. Bucharest offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Bucharest's most prominent support initiatives:

BLOG

Recent Posts

Wed Apr 02 2025

Corporate Startup Activity Index 2025

For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index  is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]

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 […]