🇸🇲

San Marino

Europe · Pop. 34K

A public taster of the full San Marino 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 Overview

🦄 Unicorns & $1B exits

Ever reached $1B · annual outcomes, zero-filled

🐎 Thoroughbreds

2024→2025 movement · +0 new

Enterprise value

$31.2M

Actual EV series, 2015-2025

2 Latest quarter

San Marino's latest quarter in venture capital

VC raised by San Marino-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.

Latest complete quarter

Loading VC raised by San Marino-headquartered companies…

3 Largest rounds

Largest funding rounds in San Marino

A live treemap of $15M+ rounds from the Dealroom API. Each cell is one round into a company headquartered in San Marino, grouped by Dealroom sector.

Largest rounds in San Marino - 2024–2026

Every $15M+ VC round into San Marino-headquartered companies in 2024–2026, grouped by Dealroom sector.

- rounds · - raised

Loading rounds...

Live from Dealroom API Open full VC dashboard

4 VC investment

How much venture capital flows into San Marino

VC investment into San Marino-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

5 Location comparison

How San Marino stacks up

Compare San Marino with similarly sized ecosystems in Europe — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.

$82.8M

$78.2M

$63.2M

$48.4M

Bosnia and Herzegovina

$43.6M

North Macedonia

$38.7M

Kosovo

$35.4M

Faroe Islands

$31.8M

San Marino

$31.2M

Combined enterprise value of each ecosystem.

Top ecosystems in Europe ranked by combined EV. San Marino's row is highlighted (#12).

#	Ecosystem	Combined EV	EV growth	Unicorns	VC invested	Tracked startups
1	United Kingdom	$1.2T	5.0×	226	$27.5B	21.1K
2	Germany	$420B	4.8×	99	$8.3B	8,949
3	Netherlands	$400B	3.4×	47	$3.6B	4,011
4	France	$399B	5.4×	68	$8.3B	9,352
5	Sweden	$287B	6.5×	56	$3.5B	3,369
6	Switzerland	$229B	3.7×	50	$4.2B	3,111
7	Denmark	$145B	6.3×	24	$1.9B	1,734
8	Belgium	$117B	8.8×	13	$1.1B	1,961
9	Spain	$106B	4.7×	18	$3.3B	4,676
10	Ireland	$104B	4.4×	26	$1.2B	2,007
11	Finland	$80.6B	4.0×	14	$2.2B	1,787
51	San Marino	$31.2M	—	0	$0	1

More data

Explore Dealroom data →

Region Europe Continent / region · Pop. 744.1M · #7 region by EV Country United Kingdom Europe · Pop. 69.2M · #3 startup ecosystem by EV Country Germany Europe · Pop. 83.5M · #8 startup ecosystem by EV Country Netherlands Europe · Pop. 18M · #10 startup ecosystem by EV Country France Europe · Pop. 68.5M · #9 startup ecosystem by EV

Get the full San Marino ecosystem on Dealroom

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

Book a demo