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Metro area · South America

Monterrey (MX)

Metro area · Mexico · Pop. 5.3M

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$2.4B+41%
Combined startup EV
$3.7M
VC invested (last 12mo)
121
Tracked startups
#192/ 199
Unicorns per 1M people · cities rank
🦄 Unicorns
1
1 live $1B+ companies
💎 Decacorns
0
🐎 Thoroughbreds
0
Top 1% growth · $500M+

Enterprise value · 2015–2025

Monterrey (MX) grew 6.6× since 2015

Combined enterprise value of every tracked startup headquartered in Monterrey (MX) that's still operating today — public and private companies combined, totalled by founding-year cohort.

0 $750M $1.5B $2.3B $3B Monterrey (MX) · $2.4B 2015 2018 2021 2024 2025

Adjacent cities by EV

Startup funnel

Monterrey (MX)'s power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
29
Seed
22
Series A
13
Series B
2
Series C
4
Unicorn
1

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Notable companies

Top private companies in Monterrey (MX)

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Unicorns $1B+ valuation 1
Nowports

Academia

Monterrey (MX)'s academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Monterrey (MX).

University-linked startup formation
7
University spinouts
307
Total alumni-founded companies
233
Of which startups (<$15M raised)
59
Breakouts ($15M-100M)
15
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Monterrey (MX) stacks up

Peers chosen from the same country (Mexico), sized closest to Monterrey (MX) by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
$4.6B
Monterrey (MX)
$2.4B
$1.4B
$1.4B
EV growth (5-yr ×) vs current EV

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Monterrey (MX) dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Monterrey (MX)'s unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Monterrey (MX)'s domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
Monterrey (MX)'s VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where Monterrey (MX)'s startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in Monterrey (MX)
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Monterrey (MX)
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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