Madrid boasts 504 startups in our sample database which represents about 19% of Spain’s sampled startups. Madrid is the 2nd best startup ecosystem in Spain.
While Madrid decreased by 5 spots in its global rank in the Global Startup Ecosystem Index of 2022, its ranking in Spain remained stable at 2 nationally since 2021.
Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!
Madrid is ranked within the top 100 startup ecosystems globally.
Madrid’s startups excel particularly in Software and Data where it ranks 30 and in Energy & Environment, and Education. Find out more
2022 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 37th 0 | 20.669 | 6.18 | 11.49 | 3.00 | |
2nd 0 | 50th - 5 | 14.378 | 3.58 | 7.49 | 3.31 | |
3rd 0 | 159th - 13 | 4.911 | 0.82 | 0.78 | 3.31 | |
4th 0 | 270th - 53 | 2.558 | 0.39 | 0.21 | 1.96 | |
5th + 3 | 324th - 25 | 1.724 | 0.26 | 0.14 | 1.32 | |
6th + 1 | 351st - 58 | 1.519 | 0.24 | 0.11 | 1.17 | |
7th - 2 | 360th - 135 | 1.462 | 0.28 | 0.06 | 1.12 | |
8th - 2 | 372nd - 127 | 1.383 | 0.23 | 0.09 | 1.06 | |
9th + 3 | 414th + 193 | 1.120 | 0.12 | 0.14 | 0.86 | |
10th - 1 | 424th + 7 | 1.072 | 0.16 | 0.09 | 0.82 |
On our map, you can explore a total of 143 startups for Software and Data.
In Western Europe, Madrid's Energy & Environment is in top 34. Madrid has a concentration of about 0% of the country's total Energy & Environment startups that are represented on our map.
Education is ranked 37th in the world. Our database contains 63 startups for this industry.
Within Madrid there is an increased attraction for entrepreneurs to set up their startups in industries such as Software and Data, Energy & Environment, Education. These three industries represent about 54% of the startups represented on the Startup Ecosystem Map of Madrid.
Madrid is Spain's 2nd best startup ecosystem and is ranked 10th in Western Europe. With a population of 5M - 10M people, Madrid is ranked th in the world. The city boasts some notable startup success stories including Seedtag and its startup ecosystem infrastructure is strengthened by organizations such as Telefonica and utopic_US Duque de Rivas.
If you are a startup ecosystem developer in Madrid, you can grow your startup economy by becoming a partner.
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