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The Startup Ecosystem of London

London has 49 startups in our sample database. This represents about 1% of Canada’s startups. London is the 16th best startup ecosystem in Canada.

CITY RANKING

In 2024, the startup scene of London shows much promise after advancing in the Global Ecosystem Index by 13 spots.

National Ranking

16th
+
1
In Canada

Regional Ranking

140th
+
9
In North America

Global Ranking

424th
+
13
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

London Top Startup Industries

Social & Leisure icon
Social & Leisure
#199 worldwide

5 startups

Healthtech icon
Healthtech
#243 worldwide

7 startups

Marketing & Sales icon
Marketing & Sales
#270 worldwide

4 startups

Ecosystem HealthCheck

London Ecosystem Health Check

The health check tables allow you to look at the performance London 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
Global4240194024
Social & Leisure199595
Healthtech00.0000.0000.00
Marketing & Sales00.0000.0000.00
Edtech00.0000.0000.00
Software & Data00.0000.0000.00
Ecommerce & Retail00.0000.0000.00
Energy & Environment00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of London

Download list

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Startup Ecosystem Charts

Startup Funding in London2017 - 2024

Startup Funding in London 2017 - 2024

From 2022 to 2023, startup funding in London has decreased by 93.62%. During this period, the number of deals in London has decreased by 42.86%. Since 2017, total startup funding in London exceeded US$ $132.88M.

Average Funding in 2023

$110.93K

London
Canada
-88.84% YoY

Funding in 2023

$443.71K

London
Canada
-93.62% YoY

Deals in 2023

4

London
Canada
-42.86% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B036912

Ecosystem

The Startup Ecosystem in London

Startups in London excel in Social & Leisure, Healthtech, and Marketing & and Sales. There are some notable success stories contributing to the city’s growing Social & Leisure industry. One of the most promising startups in London in 2024 is Paystone, Comet Biorefining, and Cohesiv.

Global Rank

London is ranked within the top 500 startup ecosystems globally.

Top Industries

London’s startups excel particularly in Social & Leisure where it ranks 199 and in Healthtech, and Marketing & Sales. Find out more

Top Cities for Startups in Canada - 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
22nd
+
1
36.732
00.00
00.00
00.00
2nd
0
40th
+
1
20.495
00.00
00.00
00.00
3rd
0
43rd
+
1
17.743
00.00
00.00
00.00
4th
0
67th
+
1
10.193
00.00
00.00
00.00
5th
0
90th
-
14
8.588
00.00
00.00
00.00
6th
0
107th
+
4
7.280
00.00
00.00
00.00
7th
0
144th
-
15
4.542
00.00
00.00
00.00
8th
0
148th
-
4
4.366
00.00
00.00
00.00
9th
0
179th
+
1
3.232
00.00
00.00
00.00
10th
+
1
219th
+
6
2.118
00.00
00.00
00.00
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Startups

Notable Startups in London
Paystone startup icon
Paystone
Comet Biorefining startup icon
Comet Biorefining
Cohesiv startup icon
Cohesiv

ECOSYSTEM

Why should you join London's Startup Ecosystem?

Overview

Within London there is an increased attraction for entrepreneurs to set up their startups in industries such as Social & Leisure, Healthtech, Marketing & Sales. These three industries represent about 33% of the startups represented on the Startup Ecosystem Map of London.

16th

National Rank

140th

Regional Rank

Overview

London is Canada's 16th best startup ecosystem and is ranked 140th in North America. With a population of 0.1M - 0.5M people, London is ranked 424th in the world. The city has some notable startup success stories including Paystone.

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

BLOG

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