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North America · Country profilePlatform

Puerto Rico

North America · Pop. 3.2M

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

$1.2B
Combined startup EV
$87.5M
VC invested (last 12mo)
79
Tracked startups
#37/ 67
Unicorns per 1M people · world rank
🦄 Unicorns
1
1 live · +0 new in 2025 (incl. 0 new decacorns)
💎 Decacorns
0
🐎 Thoroughbreds
1
Top 1% growth · $500M+

Enterprise value · 2015–2025

Puerto Rico grew 278.2× since 2015

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

0 $500M $1B $1.5B $2B Puerto Rico · $1.2B 2015 2018 2021 2024 2025

Adjacent ecosystems by EV

Startup funnel

Puerto Rico'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
22
Seed
19
Series A
12
Series B
6
Series C
1
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 Puerto Rico

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
Evertec
Thoroughbreds+ $100M+ revenue 1
Evertec

Academia

Puerto Rico's academic flywheel

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

University-linked startup formation
6
University spinouts
15
Total alumni-founded companies
12
Of which startups (<$15M raised)
2
Breakouts ($15M-100M)
1
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Puerto Rico stacks up

Peers chosen from the same North America cluster within ±70% of Puerto Rico'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
$3.7B
$3.3B
$3.1B
$2.7B
$2.1B
$2B
$1.9B
$1.6B
Puerto Rico
$1.2B
EV growth (5-yr ×) vs current EV
peer median 8.2× 2.1× 172.3× 342.6× $10.7B $575B $31T EV growth (5yr ×) Combined enterprise value (log) United States China United Kingdom India Israel Canada South Korea France Germany Singapore Netherlands Australia Sweden Japan Brazil Switzerland Hong Kong

Top overview

North America ecosystems — combined view

Top ecosystems in North America ranked by combined EV. Puerto Rico's row is highlighted.

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 United States $31T 6.8× 2,059 $284B 112.7K
2 China $5.8T 3.2× 479 $33.4B 24.5K
3 United Kingdom $1.2T 4.6× 211 $24.1B 20K
4 India $884B 7.1× 125 $13.9B 13.3K
5 Israel $600B 5.6× 128 $10.7B 4,762
6 Canada $571B 9.6× 81 $5.9B 9,480
7 South Korea $439B 15.6× 41 $8.2B 7,931
8 France $414B 5.6× 65 $8.4B 9,082
9 Germany $410B 4.0× 86 $8.3B 8,710
10 Singapore $359B 9.6× 38 $3.3B 3,900
11 Netherlands $347B 2.7× 39 $3.2B 3,887
87 Puerto Rico $1.2B 1 $87.5M 79

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 Puerto Rico dataset — or see a sample on the Dealroom app.

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