The Startup Ecosystem of Manila Area
Manila Area has 311 startups in our sample database. This represents about 62% of The Philippines’s startups. Manila Area is the highest-ranked startup ecosystem in The Philippines.
CITY RANKING
While Manila Area decreased by 6 spots in its global rank in the Global Startup Ecosystem Index of 2024, its ranking in The Philippines remained stable at 1 nationally since 2023.
National Ranking
In Philippines
Regional Ranking
In South East Asia
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Manila Top Startup Industries
26 startups
11 startups
9 startups
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Ecosystem HealthCheck
Manila Ecosystem Health Check
The health check tables allow you to look at the performance Manila 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 Manila
Become our Manila Ecosystem Partner
Startup Ecosystem Charts
Startup Funding in Manila2017 - 2024
Startup Funding in Manila 2017 - 2024
From 2022 to 2023, startup funding in Manila has decreased by 76.24%. During this period, the number of deals in Manila has decreased by 59.65%. Since 2017, total startup funding in Manila exceeded US$ $2.17B.
Average Funding in 2023
$6.42M
Funding in 2023
$147.69M
Deals in 2023
23
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Manila
Global Rank
Manila Area is ranked within the top 150 startup ecosystems globally.
Top Industries
Manila Area’s startups excel particularly in Fintech where it ranks 53 and in Transportation, and Foodtech. Find out more
Top Cities for Startups in Philippines - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
No Data Available | ||||||
ECOSYSTEM
Why should you join Manila's Startup Ecosystem?
Overview
Within Manila Area there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Transportation, Foodtech. These three industries represent about 15% of the startups represented on the Startup Ecosystem Map of Manila Area.
1st
National Rank
5th
Regional Rank
Overview
Manila Area is The Philippines' 1st best startup ecosystem and is ranked 5th in South East Asia. With a population of 0.1M - 0.5M people, Manila Area is ranked 101st in the world. The city has some notable startup success stories including PayMaya.
ECOSYSTEM
Startup Infrastructure in Manila
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 […]