Startup Landscape in Uruguay

Uruguay has over 2,281 startups across the country. Of these, 208 are funded companies that have collectively raised $2.46B in venture capital and private equity. The country is home to 1 unicorn. A total of 224 investors have participated in 201 funding rounds, with 7 startups securing early-stage funding and 4 raising late-stage funding. In the last five years, 274 new companies have been founded, raising over $35.2M in funding. Startups in Uruguay have witnessed 59 acquisitions and 20 IPOs, while 202 startups wrapped up operations. Additionally, 30 companies have been founded by women.