Solutions Ecosystems Reports Resources Data Pricing Login Book a demo
South America · Country profile

Argentina

South America · Pop. 45.7M · #19 startup ecosystem by EV

A public taster of the full Argentina ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

$140.9B+48%
Combined startup EV
$150.9M
VC invested (last 12mo)
767
Tracked startups
0.20
Unicorns per 1M people
🦄 Unicorns
9
9 live · +0 new in 2025 (incl. 0 new decacorns)
💎 Decacorns
1
$10B+ tier
🐎 Thoroughbreds
8
Top 1% growth · $500M+

Adjacent ecosystems by EV

Startup funnel

Argentina's power-law funnel

From every VC-backed startup down to the biggest scale-ups. Conversion rates show what fraction of one tier graduate into the next. Capital figures (where shown) are total VC deployed at that stage.

VC-backed startups
771
Colts ($25M+ revenue) $24.9M deployed
13
1.7% of prior tier
Unicorns ($1B+ valuation)
9
69% of prior tier
Decacorns ($10B+ valuation)
1
11% of prior tier
Centacorns ($100B+ valuation)
1
100% of prior tier

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, totalled by founding-year cohort.

0 $50B $100B $150B $200B Argentina · $140.9B 2015 2018 2021 2024 2025

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.

Combined enterprise value
$234.7B
Argentina
$140.9B
$45.1B
$21.1B
$17.8B
EV growth (5-yr ×) vs current EV

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 $234.7B 16.2× 32 $2B 3,952
2 Argentina $140.9B 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.

Granted patent families
15
Filed by tracked startups headquartered in the country.
0.33 patents per million residents · #62 globally
Top patenting hubs
1 Buenos Aires 15

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 Argentina dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Argentina's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
Unlock on Dealroom
Founder origins
Where Argentina's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
Unlock on Dealroom
AI talent
Top employers of AI talent in Argentina
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
Unlock on Dealroom
Deal flow
Live deal flow & funding rounds in Argentina
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
Unlock on Dealroom

Get the full Argentina ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.