Startup Landscape in Panama

Panama has over 10,437 startups across the country. Of these, 311 are funded companies that have collectively raised $5.22B in venture capital and private equity. A total of 458 investors have participated in 292 funding rounds, with 13 startups securing early-stage funding and 3 raising late-stage funding. In the last five years, 413 new companies have been founded, raising over $84.6M in funding. Startups in Panama have witnessed 67 acquisitions and 26 IPOs, while 3,438 startups wrapped up operations. Additionally, 44 companies have been founded by women.