The Startup Ecosystem of Davao City
Davao City has 31 startups in our sample database. This represents about 6% of The Philippines’s startups. Davao City is the 4th best startup ecosystem in The Philippines.
CITY RANKING
In 2024, the startup scene of Davao City developed considerably and increased in the Global Ecosystem Index by 208 spots.
National Ranking
In Philippines
Regional Ranking
In South East Asia
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Davao City Top Startup Industries
12 startups
Ecosystem HealthCheck
Davao City Ecosystem Health Check
The health check tables allow you to look at the performance Davao City 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 Davao City
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Startup Ecosystem Charts
Startup Funding in Davao City2017 - 2024
Startup Funding in Davao City 2017 - 2024
From 2022 to 2023, startup funding in Davao City has decreased by 96.18%. During this period, the number of deals in Davao City has decreased by 50%. Since 2017, total startup funding in Davao City exceeded US$ $4.74M.
Average Funding in 2023
$39.10K
Funding in 2023
$39.10K
Deals in 2023
1
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Davao City
Global Rank
Davao City is ranked within the top 1000 startup ecosystems globally.
Top Industries
Davao City’s startups excel particularly in Software & Data where it ranks 716 and in Ecommerce & Retail, and Social & Leisure. Find out more
Top Cities for Startups in Philippines - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
1st 0 | 101st - 6 | 7.574 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 459th + 9 | 0.590 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 698th - 37 | 0.248 | 00.00 | 00.00 | 00.00 | |
4th + 1 | 743rd + 208 | 0.216 | 00.00 | 00.00 | 00.00 | |
5th - 1 | 831st + 73 | 0.172 | 00.00 | 00.00 | 00.00 |
Startups
Notable Startups in Davao City
ECOSYSTEM
Why should you join Davao City's Startup Ecosystem?
Overview
Within Davao City there is an increased attraction for entrepreneurs to set up their startups in industries such as Software & Data, Ecommerce & Retail, Social & Leisure. These three industries represent about 65% of the startups represented on the Startup Ecosystem Map of Davao City.
4th
National Rank
20th
Regional Rank
Overview
Davao City is The Philippines' 4th best startup ecosystem and is ranked 20th in South East Asia. With a population of <0.1M people, Davao City is ranked 743rd in the world. The city has some notable startup success stories including Ampere.
ECOSYSTEM
Startup Infrastructure in Davao City
BLOG
Recent Posts
Mon Apr 14 2025
From Service-Based to Product-Based Economy – Lessons from North Macedonia
In this special episode of the Startup Ecosystem Podcast, we revisit a conversation from two years ago, recorded during a visit to North Macedonia. Eli David Rokah, CEO of StartupBlink, sits down with Igor Madjov, founder of Startup Macedonia, to explore how Skopje is evolving from a service-based IT outsourcing city into a product-driven startup […]
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 […]