Background Image

The Startup Ecosystem of Santiago

Santiago has 534 startups in our sample database. This represents about 90% of Chile’s startups. Santiago is the highest-ranked startup ecosystem in Chile.

CITY RANKING

While Santiago decreased by 12 spots in its global rank in the Global Startup Ecosystem Index of 2024, its ranking in Chile remained stable at 1 nationally since 2023.

National Ranking

1st
0
In Chile

Regional Ranking

4th
-
1
In South America

Global Ranking

79th
-
12
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Santiago Top Startup Industries

Foodtech icon
Foodtech
#31 worldwide

16 startups

Marketing & Sales icon
Marketing & Sales
#46 worldwide

22 startups

Fintech icon
Fintech
#62 worldwide

67 startups

Ecosystem HealthCheck

Santiago Ecosystem Health Check

The health check tables allow you to look at the performance Santiago 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
Global79194024
Foodtech31019
Marketing & Sales00.0000.0000.00
Fintech00.0000.0000.00
Edtech00.0000.0000.00
Software & Data00.0000.0000.00
Social & Leisure00.0000.0000.00
Transportation00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Santiago

Download list

Become our Santiago Ecosystem Partner

Apply to join hundreds of leading ecosystem developers and represent the Santiago startup ecosystem at no cost.

Startup Ecosystem Charts

Startup Funding in Santiago2017 - 2024

Startup Funding in Santiago 2017 - 2024

From 2022 to 2023, startup funding in Santiago has decreased by 53.63%. During this period, the number of deals in Santiago has decreased by 35.33%. Since 2017, total startup funding in Santiago exceeded US$ $2.68B.

Average Funding in 2023

$2.60M

Santiago
Chile
-28.30% YoY

Funding in 2023

$252.02M

Santiago
Chile
-53.63% YoY

Deals in 2023

97

Santiago
Chile
-35.33% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B04080120160

Ecosystem

The Startup Ecosystem in Santiago

Our startup ecosystem map for Santiago includes a sample of 534 tech companies. We have identified as unicorns 2 startups that have passed the USD 1 billion valuations. Contributing to the vitality of this startup ecosystem are the 1 pantheon member entity. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Santiago is ranked within the top 100 startup ecosystems globally.

Top Industries

Santiago’s startups excel particularly in Foodtech where it ranks 31 and in Marketing & Sales, and Fintech. Find out more

Top Cities for Startups in Chile - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Pro
Pro
Pro
Pro
2024 National Rank CityGlobal Rank
informational icon
Total Score
informational icon
Quantity Score
informational icon
Quality Score
informational icon
Business Score
No Data Available
Microsoft Excel icon
Download CSV file
Pro

Startups

Notable Startups in Santiago
Buk startup icon
Buk
Galgo startup icon
Galgo
Global 66 startup icon
Global 66

ECOSYSTEM

Why should you join Santiago's Startup Ecosystem?

Overview

Within Santiago there is an increased attraction for entrepreneurs to set up their startups in industries such as Foodtech, Marketing & Sales, Fintech. These three industries represent about 20% of the startups represented on the Startup Ecosystem Map of Santiago.

1st

National Rank

4th

Regional Rank

Overview

Santiago is Chile's 1st best startup ecosystem and is ranked 4th in South America. With a population of <0.1M people, Santiago is ranked 79th in the world. The city has some notable startup success stories including Buk and its startup ecosystem infrastructure is strengthened by organizations such as Startup Chile and Apoquindo 5950.

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

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 […]