Argentina
South America · Pop. 45.7M · #19 startup ecosystem by EV
Enterprise value · 2015–2025
Argentina grew 30.8× since 2015
Combined enterprise value of every tracked startup headquartered in Argentina that's still operating today — public and private companies combined, totalled by founding-year cohort.
Adjacent ecosystems by EV
Startup funnel
Argentina'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.
* 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 Argentina
Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.
Academia
Argentina's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Argentina.
Vs. similarly-sized ecosystems
How Argentina stacks up
Peers chosen from the same South America cluster within ±70% of Argentina's combined EV. The scatter plots growth × current size for the wider continent — outliers in the upper-right are ecosystems compounding fastest.
Top overview
South America ecosystems — combined view
Top ecosystems in South America ranked by combined EV. Argentina's row is highlighted.
| # | Ecosystem | Combined EV | 5-yr EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Brazil | $235B | 16.2× | 32 | $2B | 3,952 |
| 2 | Argentina | $141B | 7.1× | 9 | $150.9M | 767 |
| 3 | Mexico | $45.1B | 10.0× | 13 | $1.4B | 1,281 |
| 4 | Colombia | $21.1B | 16.5× | 2 | $207.1M | 680 |
| 5 | Chile | $17.8B | 12.3× | 3 | $189.9M | 850 |
| 6 | El Salvador | $12.6B | — | 1 | $72.8M | 34 |
| 7 | Cayman Islands | $10.7B | 150.5× | 4 | $184.5M | 108 |
| 8 | British Virgin Islands | $5.8B | 64.8× | 1 | $249.9M | 124 |
| 9 | Uruguay | $4.6B | 15.7× | 2 | $38.2M | 93 |
| 10 | Bermuda | $2.7B | 5.5× | 1 | $22M | 29 |
| 11 | Ecuador | $1.6B | — | 1 | $600K | 61 |
| 12 | Peru | $1.5B | 7.4× | 0 | $2.3M | 188 |
Patent intelligence
Argentina startup IP portfolio: 15 patent families
Granted patent families assigned to startups headquartered in Argentina. Aggregated across the country's hub-level filings — Bay Area, Boston, etc. roll up under the United States row, the same way Tokyo and Osaka roll up under Japan.
Premium analytics
What we don't show on this page (yet)
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