Argentina
South America · Pop. 45.7M · #18 startup ecosystem by EV
1 Overview
* 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.
2 Largest rounds
Largest funding rounds in Argentina
A live treemap of $15M+ rounds from the Dealroom API. Each cell is one round into a company headquartered in Argentina, grouped by Dealroom sector.
Largest rounds in Argentina - 2024–2026
3 VC investment
How much venture capital flows into Argentina
VC investment into Argentina-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
4 Founder origins
Where Argentina's unicorn founders build
44 founders born in Argentina are behind 25 unicorns; 36% of those were built in the US. Origins are resolved from biography and education history, not current address. Compare with the other origin countries in South America, ranked by founders or per 1M inhabitants.
5 Location comparison
How Argentina stacks up
Compare Argentina with similarly sized ecosystems in South America — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top ecosystems in South America ranked by combined EV. Argentina's row is highlighted (#2).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Brazil | $234B | 15.0× | 33 | $2B | 4,048 |
| 2 | Argentina | $141B | 7.1× | 10 | $163.2M | 811 |
| 3 | Mexico | $45.5B | 10.1× | 13 | $1.4B | 1,320 |
| 4 | Colombia | $21.2B | 16.6× | 2 | $206.6M | 692 |
| 5 | Chile | $17.8B | 12.3× | 3 | $190M | 865 |
| 6 | El Salvador | $12.6B | — | 1 | $72.8M | 34 |
| 7 | Cayman Islands | $10.8B | 151.7× | 5 | $184.5M | 115 |
| 8 | British Virgin Islands | $5.9B | 65.5× | 1 | $267.9M | 127 |
| 9 | Uruguay | $4.9B | 16.7× | 2 | $38.2M | 99 |
| 10 | Bermuda | $2.7B | 5.5× | 1 | $22M | 29 |
| 11 | Costa Rica | $1.9B | 1.6× | 0 | $13.6M | 74 |
| 12 | Ecuador | $1.6B | — | 1 | $600K | 61 |
More data
Explore Dealroom data →Get the full Argentina ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.