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South America · Country profile

Ecuador

South America · Pop. 18.1M

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

$1.6B
Combined startup EV
$600K
VC invested (last 12mo)
61
Tracked startups
#57/ 67
Unicorns per 1M people · world rank
🦄 Unicorns
1
1 live · +0 new in 2025 (incl. 0 new decacorns)
💎 Decacorns
0
🐎 Thoroughbreds
0
Top 1% growth · $500M+

Enterprise value · 2015–2025

Ecuador grew 569.7× since 2015

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

0 $500M $1B $1.5B $2B Ecuador · $1.6B 2015 2018 2021 2024 2025

Adjacent ecosystems by EV

Startup funnel

Ecuador'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
18
Seed
8
Series A
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 Ecuador

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
Kushki

Academia

Ecuador's academic flywheel

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

University-linked startup formation
1
University spinouts
48
Total alumni-founded companies
29
Of which startups (<$15M raised)
14
Breakouts ($15M-100M)
5
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Ecuador stacks up

Peers chosen from the same South America cluster within ±70% of Ecuador'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
$4.6B
$2.7B
Ecuador
$1.6B
$1.5B
$1.5B
$936.6M
EV growth (5-yr ×) vs current EV

Top overview

South America ecosystems — combined view

Top ecosystems in South America ranked by combined EV. Ecuador'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

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

Sector breakdown
Where Ecuador's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Ecuador'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
Ecuador'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 Ecuador'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 Ecuador
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Ecuador
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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