28 Top startups in El Salvador for December 2024

We rank n1co, Hugo App and Cubo in El Salvador along with 25 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. El Salvador ranks #null globally and #null in Central America.

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Best Startups in El Salvador for 2024

1st

n1co
SB Score:491

N1co is a neo bank that streamlines digital payments and everyday transaction digitization. It offers innovative financial solutions and electronic payment methods for businesses while empowering consumers to manage their banking products seamlessly from their mobile devices.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (San Salvador)

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Regional Rank (Central America)

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SB Score:406

Hugo App is a dynamic food delivery and micrologistics platform operating in six Central American countries. Users can easily access and enjoy a wide range of delivery services through this innovative app, making their lives easier and more convenient.

Industry:
Foodtech
Subindustry:
Online Food Ordering

City Rank (San Salvador)

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3rd

Cubo
SB Score:383

Cubo develops a payment services platform designed for small and medium businesses, providing user-friendly point-of-sale systems that simplify payment processing for merchants. Their innovative solutions enhance accessibility and streamline transactions, empowering businesses to thrive in a competitive market.

Industry:
Software & Data
Subindustry:
Apps

City Rank (San Salvador)

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SB Score:356

Sostengo offers an innovative application for insurance services, enabling users to easily manage their policies, access vital information, and receive personalized recommendations. With a user-friendly interface, Sostengo simplifies the insurance experience, helping individuals make informed decisions and secure the coverage they need efficiently.

Industry:
Software & Data
Subindustry:
Apps

City Rank (San Salvador)

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SB Score:333

Propi is a dynamic platform that streamlines the rental process for landlords and tenants, facilitating efficient property management and seamless lease agreements. By enhancing communication and simplifying transactions, Propi accelerates residential real estate rentals, making it easier for both parties to find their perfect match.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (San Salvador)

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Regional Rank (Central America)

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SB Score:332

Volcano Energy is a Bitcoin mining company dedicated to enhancing energy competitiveness, promoting diversification, and expanding the geographic reach of the Bitcoin network. By leveraging innovative practices, it aims to create a more sustainable and efficient mining ecosystem that benefits both the environment and the cryptocurrency community.

Industry:
Fintech
Subindustry:
Blockchain

City Rank (el congo)

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Regional Rank (Central America)

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SB Score:311

Apoyo Integral offers innovative microfinance solutions, providing high-quality financial services for comprehensive support. Their mission is to empower individuals through accessible and reliable financial assistance.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Santa Ana)

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Regional Rank (Central America)

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SB Score:286

Suntisfy specializes in toy production, logistics, inventory planning, and distribution for their brand "Fun Little Toys", sold on Amazon.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

City Rank (California)

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9th

SPOT
SB Score:279

SPOT excels in AI and ML solutions with a unique entrepreneurial edge driving our innovative technologies. Our team's core strength lies in creating disruptive solutions that stand out in the market.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (San Salvador)

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SB Score:274

ESE Plus believes in harnessing technology to make quality education accessible to all, nurturing lifelong learners. Their innovative platform, Sabi, empowers users by providing engaging learning experiences tailored to individual needs, ensuring everyone has the opportunity to succeed in their educational journey.

Industry:
Edtech
Subindustry:
Education-Other

City Rank (San Salvador)

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Regional Rank (Central America)

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SB Score:262

Fiado uses mobile behavior analysis to provide loans in Latin America. By analyzing user data, Fiado can assess repayment likelihood and offer optimized APR rates.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (San Salvador)

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Regional Rank (Central America)

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Total amount:28

Top 8 Fintech Startups in El Salvador for 2024

The top three Fintech startups in El Salvador have raised more than USD 272M. El Salvador ranks among the top 10 locations in the world for startups in Fintech, holding the 1st position.

1st

n1co
SB Score:491

N1co is a neo bank that streamlines digital payments and everyday transaction digitization. It offers innovative financial solutions and electronic payment methods for businesses while empowering consumers to manage their banking products seamlessly from their mobile devices.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (San Salvador)

0

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Regional Rank (Central America)

0

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Global Rank (WorldWide)

0

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SB Score:333

Propi is a dynamic platform that streamlines the rental process for landlords and tenants, facilitating efficient property management and seamless lease agreements. By enhancing communication and simplifying transactions, Propi accelerates residential real estate rentals, making it easier for both parties to find their perfect match.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (San Salvador)

0

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Regional Rank (Central America)

0

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Global Rank (WorldWide)

0

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SB Score:332

Volcano Energy is a Bitcoin mining company dedicated to enhancing energy competitiveness, promoting diversification, and expanding the geographic reach of the Bitcoin network. By leveraging innovative practices, it aims to create a more sustainable and efficient mining ecosystem that benefits both the environment and the cryptocurrency community.

Industry:
Fintech
Subindustry:
Blockchain

City Rank (el congo)

0

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Regional Rank (Central America)

0

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Global Rank (WorldWide)

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Total amount:8

Top 6 Edtech Startups in El Salvador for 2024

The top three Edtech startups in El Salvador have raised more than USD 2.4M. El Salvador ranks among the top 10 locations in the world for startups in Edtech, holding the 2nd position.
SB Score:274

ESE Plus believes in harnessing technology to make quality education accessible to all, nurturing lifelong learners. Their innovative platform, Sabi, empowers users by providing engaging learning experiences tailored to individual needs, ensuring everyone has the opportunity to succeed in their educational journey.

Industry:
Edtech
Subindustry:
Education-Other

City Rank (San Salvador)

0

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Regional Rank (Central America)

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Global Rank (WorldWide)

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SB Score:155

Boxful offers lightning-fast order fulfillment, shipping coordination, and a smart locker network for e-commerce businesses in Latin America. Achieve same-day or next-day deliveries with ease.

Industry:
Edtech
Subindustry:
Edutainment

City Rank (San Salvador)

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Regional Rank (Central America)

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SB Score:153

Cabal is a financial management app for entrepreneurs. It helps users track and organize their finances easily. Stay on top of your money with Cabal.

Industry:
Edtech
Subindustry:
Education-Other

City Rank (San Salvador)

0

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Regional Rank (Central America)

0

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Global Rank (WorldWide)

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Total amount:6

Top 6 Software & Data Startups in El Salvador for 2024

The top three Software & Data startups in El Salvador have raised more than USD 12.3M. El Salvador ranks among the top 10 locations in the world for startups in Software & Data, holding the 3rd position.

1st

Cubo
SB Score:383

Cubo develops a payment services platform designed for small and medium businesses, providing user-friendly point-of-sale systems that simplify payment processing for merchants. Their innovative solutions enhance accessibility and streamline transactions, empowering businesses to thrive in a competitive market.

Industry:
Software & Data
Subindustry:
Apps

City Rank (San Salvador)

0

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Regional Rank (Central America)

0

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Global Rank (WorldWide)

0

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SB Score:356

Sostengo offers an innovative application for insurance services, enabling users to easily manage their policies, access vital information, and receive personalized recommendations. With a user-friendly interface, Sostengo simplifies the insurance experience, helping individuals make informed decisions and secure the coverage they need efficiently.

Industry:
Software & Data
Subindustry:
Apps

City Rank (San Salvador)

0

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Regional Rank (Central America)

0

View

Global Rank (WorldWide)

0

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3rd

SPOT
SB Score:279

SPOT excels in AI and ML solutions with a unique entrepreneurial edge driving our innovative technologies. Our team's core strength lies in creating disruptive solutions that stand out in the market.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (San Salvador)

0

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Regional Rank (Central America)

0

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Global Rank (WorldWide)

0

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Total amount:6

Most Funded Startups in El Salvador for 2024

The top three most funded startups in El Salvador have raised total funding of more than USD 283M. Volcano Energy has 12.16% more funding than n1co.
SB Score:332

Volcano Energy is a Bitcoin mining company dedicated to enhancing energy competitiveness, promoting diversification, and expanding the geographic reach of the Bitcoin network. By leveraging innovative practices, it aims to create a more sustainable and efficient mining ecosystem that benefits both the environment and the cryptocurrency community.

Industry:
Fintech
Subindustry:
Blockchain

City Rank (el congo)

0

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Regional Rank (Central America)

0

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Global Rank (WorldWide)

0

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2nd

n1co
SB Score:491

N1co is a neo bank that streamlines digital payments and everyday transaction digitization. It offers innovative financial solutions and electronic payment methods for businesses while empowering consumers to manage their banking products seamlessly from their mobile devices.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (San Salvador)

0

View

Regional Rank (Central America)

0

View

Global Rank (WorldWide)

0

Browse
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SB Score:406

Hugo App is a dynamic food delivery and micrologistics platform operating in six Central American countries. Users can easily access and enjoy a wide range of delivery services through this innovative app, making their lives easier and more convenient.

Industry:
Foodtech
Subindustry:
Online Food Ordering

City Rank (San Salvador)

0

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Regional Rank (Central America)

0

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Global Rank (WorldWide)

0

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Total amount:28

Top Hiring Startups in El Salvador by Employee Number

The top three hiring startups in El Salvador have an median employee size that is between [101-250]
SB Score:406

Hugo App is a dynamic food delivery and micrologistics platform operating in six Central American countries. Users can easily access and enjoy a wide range of delivery services through this innovative app, making their lives easier and more convenient.

Industry:
Foodtech
Subindustry:
Online Food Ordering

City Rank (San Salvador)

0

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Regional Rank (Central America)

0

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Global Rank (WorldWide)

0

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2nd

n1co
SB Score:491

N1co is a neo bank that streamlines digital payments and everyday transaction digitization. It offers innovative financial solutions and electronic payment methods for businesses while empowering consumers to manage their banking products seamlessly from their mobile devices.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (San Salvador)

0

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Regional Rank (Central America)

0

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Global Rank (WorldWide)

0

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3rd

luuk
SB Score:235

Luuk offers a convenient personal shopping platform that delivers a diverse range of products right to users' doorsteps. By providing access to an online marketplace, Luuk enables customers to effortlessly shop for personal items from the comfort of their preferred locations.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (San Salvador)

0

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Regional Rank (Central America)

0

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Global Rank (WorldWide)

0

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4th

Cubo
SB Score:383

Cubo develops a payment services platform designed for small and medium businesses, providing user-friendly point-of-sale systems that simplify payment processing for merchants. Their innovative solutions enhance accessibility and streamline transactions, empowering businesses to thrive in a competitive market.

Industry:
Software & Data
Subindustry:
Apps

City Rank (San Salvador)

0

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Regional Rank (Central America)

0

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Global Rank (WorldWide)

0

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Total amount:28

Explore the Startup Ecosystem of El Salvador

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6.4 Million

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