Startup Landscape in Bermuda

Bermuda has over 572 startups across the country. Of these, 128 are funded companies that have collectively raised $23.7B in venture capital and private equity. A total of 214 investors have participated in 148 funding rounds, with 13 startups securing early-stage funding and 8 raising late-stage funding. In the last five years, 17 new companies have been founded, raising over $257M in funding. Startups in Bermuda have witnessed 63 acquisitions and 52 IPOs, while 57 startups wrapped up operations. Additionally, 6 companies have been founded by women.