The Startup Ecosystem of Riyadh
Riyadh has 1,357 startups in our sample database. This represents about 77% of Saudi Arabia’s startups. Riyadh is the highest-ranked startup ecosystem in Saudi Arabia.
CITY RANKING
In 2024, the startup scene of Riyadh developed considerably and increased in the Global Ecosystem Index by 19 spots.
National Ranking
In Saudi Arabia
Regional Ranking
In Middle East
Global Ranking
Worldwide
In partnership with
Ecosystem
Startup Ecosystem Overview
Startups
Riyadh Top Startup Industries
125 startups
59 startups
114 startups
Ecosystem HealthCheck
Riyadh Ecosystem Health Check
The health check tables allow you to look at the performance Riyadh 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 Riyadh
Showing 1 – 20 out of 1357
Startup Ecosystem Charts
Startup Funding in Riyadh2017 - 2024
Startup Funding in Riyadh 2017 - 2024
From 2022 to 2023, startup funding in Riyadh has decreased by 13.39%. During this period, the number of deals in Riyadh has decreased by 13.22%. Since 2017, total startup funding in Riyadh exceeded US$ $4.39B.
Average Funding in 2023
$10.41M
Funding in 2023
$1.09B
Deals in 2023
105
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Riyadh
Global Rank
Riyadh is ranked within the top 150 startup ecosystems globally.
Top Industries
Riyadh’s startups excel particularly in Fintech where it ranks 67 and in Foodtech, and Transportation. Find out more
Top Cities for Startups in Saudi Arabia - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
1st 0 | 136th + 19 | 5.062 | 0.659 | 2.518 | 1.886 | |
2nd 0 | 378th + 16 | 0.921 | 0.351 | 0.228 | 0.342 | |
3rd 0 | 472nd + 73 | 0.547 | 0.181 | 0.162 | 0.204 | |
4th 0 | 1182nd new | 0.069 | 0.023 | 0.020 | 0.025 |
ECOSYSTEM
Why should you join Riyadh's Startup Ecosystem?
Overview
Within Riyadh there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Foodtech, Transportation. These three industries represent about 22% of the startups represented on the Startup Ecosystem Map of Riyadh.
1st
National Rank
4th
Regional Rank
Overview
Riyadh is Saudi Arabia's 1st best startup ecosystem and is ranked 4th in Middle East. With a population of 2M - 10M people, Riyadh is ranked 136th in the world. The city has some notable startup success stories including Foodics.
ECOSYSTEM
Startup Infrastructure in Riyadh
BLOG
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