Startup Landscape in Uruguay

Uruguay has over 1,849 startups across the country. Of these, 201 are funded companies that have collectively raised $2.4B in venture capital and private equity. The country is home to 1 unicorn. A total of 196 investors have participated in 194 funding rounds, with 6 startups securing early-stage funding and 3 raising late-stage funding. In the last five years, 129 new companies have been founded, raising over $16M in funding. Startups in Uruguay have witnessed 58 acquisitions and 16 IPOs, while 201 startups wrapped up operations. Additionally, 30 companies have been founded by women.