Startup Landscape in Bulgaria

Bulgaria has over 8,839 startups across the country. Of these, 1.38K are funded companies that have collectively raised $5.29B in venture capital and private equity. The country is home to 1 unicorn. A total of 373 investors have participated in 2,224 funding rounds, with 32 startups securing early-stage funding and 13 raising late-stage funding. In the last five years, 747 new companies have been founded, raising over $18.9M in funding. Startups in Bulgaria have witnessed 172 acquisitions and 177 IPOs, while 997 startups wrapped up operations. Additionally, 215 companies have been founded by women.