About startup landscape in Jamaica
Jamaica has over 1,360 startups across the country. Of these, 112 are funded companies that have collectively raised $15B in venture capital and private equity. A total of 48 investors have participated in 127 funding rounds, with 4 startups securing early-stage funding. In the last five years, 93 new companies have been founded. Startups in Jamaica have witnessed 23 acquisitions and 9 IPOs, while 240 startups wrapped up operations. Additionally, 34 companies have been founded by women.
Top Companies in Jamaica
Digicel Group is the top company in Jamaica, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in Jamaica:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Telecommunication services provider | Kingston (Jamaica) | 2001 | Acquired | - | |
Provider of consumer and business loans | Kingston (Jamaica) | 1992 | Late Stage | $9B | |
Commercial bank | Kingston (Jamaica) | 1837 | Unfunded | - | |
Commercial bank | Kingston (Jamaica) | 2017 | Unfunded | - | |
Independent hydro power producer | Kingston (Jamaica) | 1892 | Acquired | - |
Recent Funding Rounds in Jamaica
In the year 2024, till April 2024, undefined has been raised in 1 equity
funding round across Jamaica.
Here are some recent, important funding rounds in Jamaica:Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 6530 | Apr 19, 2024 | ||
Seed | 9589 | Jul 26, 2023 | ||
Seed | 7878 | 2023 | ||
Seed | 8684 | Nov 29, 2022 | ||
Series A | 4087 | Oct 07, 2022 |
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- 1.4K+ Total Companies
- $15B+ Total Funding
- 110+ Funded Companies
- 5+ IPOs
- 20+ Acquisitions
Top Investors in Jamaica
Europa is the top investor in companies of Jamaica based on number of companies invested.
Here are some top investors in Jamaica:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Lewes (United States) | ||
Washington, DC (United States) | ||
Kingston (Jamaica) | ||
Kingston (Jamaica) |
Acquisitions in Jamaica
In the year 2023, till August 2023, 5 acquisitions happened in Jamaica. Last year, in 2022, a total of 5 acquisitions happened in Jamaica.
Here are some recent, important acquisitions in Jamaica:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Aug 04, 2023 | ||
Business Acquisition | Aug 03, 2023 | ||
Business Acquisition | Apr 26, 2023 | ||
Business Acquisition | Feb 14, 2023 | ||
Business Acquisition | Feb 03, 2023 |
Top News about startups in Jamaica
•
Apollon Formularies agrees 28-day extension for asset saleMorningstar•Mar 21, 2023•Apollon, Global Hemp Group
•
MoneyGram Introduces Digital Receive Capabilities in Jamaica through Partnership with LynkFintech Finance•Mar 10, 2023•MoneyGram, Lynk
