The Startup Ecosystem of Vienna
Vienna has 427 startups in our sample database. This represents about 57% of Austria’s startups. Vienna is the highest-ranked startup ecosystem in Austria.
CITY RANKING
While Vienna decreased by 13 spots in its global rank in the Global Startup Ecosystem Index of 2024, its ranking in Austria remained stable at 1 nationally since 2023.
National Ranking
In Austria
Regional Ranking
In Western Europe
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Vienna Top Startup Industries
19 startups
48 startups
163 startups
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Ecosystem HealthCheck
Vienna Ecosystem Health Check
The health check tables allow you to look at the performance Vienna 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 Vienna
Become our Vienna Ecosystem Partner
Startup Ecosystem Charts
Startup Funding in Vienna2017 - 2024
Startup Funding in Vienna 2017 - 2024
From 2022 to 2023, startup funding in Vienna has decreased by 51.53%. During this period, the number of deals in Vienna has decreased by 35.2%. Since 2017, total startup funding in Vienna exceeded US$ $6.23B.
Average Funding in 2023
$7.92M
Funding in 2023
$641.50M
Deals in 2023
81
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Vienna
Global Rank
Vienna is ranked within the top 100 startup ecosystems globally.
Top Industries
Vienna’s startups excel particularly in Edtech where it ranks 26 and in Fintech, and Software & Data. Find out more
Top Cities for Startups in Austria - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
No Data Available | ||||||
ECOSYSTEM
Why should you join Vienna's Startup Ecosystem?
Overview
Within Vienna there is an increased attraction for entrepreneurs to set up their startups in industries such as Edtech, Fintech, Software & Data. These three industries represent about 54% of the startups represented on the Startup Ecosystem Map of Vienna.
1st
National Rank
16th
Regional Rank
Overview
Vienna is Austria's 1st best startup ecosystem and is ranked 16th in Western Europe. With a population of 2M - 10M people, Vienna is ranked 83rd in the world. The city has some notable startup success stories including LimeWire.
ECOSYSTEM
Startup Infrastructure in Vienna
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 […]