Uruguay
South America · Pop. 3.4M
1 Overview
2 Largest rounds
Largest funding rounds in Uruguay
A live treemap of $15M+ rounds from the Dealroom API. Each cell is one round into a Uruguay-headquartered company, grouped by Dealroom sector.
Largest rounds in Uruguay - 2026
3 Startup hubs
Inside Uruguay: top 1 startup hubs
Sub-national ecosystems ranked by combined enterprise value, paired with their 5-year growth multiplier.
4 Startup funnel
Uruguay'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.
* Conversion rates are derived from current counts.
5 VC investment
How much venture capital flows into Uruguay
VC investment into Uruguay-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage. Live from the Dealroom Next Gen API.
6 Notable companies
Top private companies in Uruguay
Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.
7 Academia
Uruguay's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Uruguay.
| # | University | City | Founders | Companies |
|---|---|---|---|---|
| 1 | Universidad de la República Uruguay | Montevideo | 47 | 48 |
| 2 | Universidad Católica del Uruguay 'Dámaso Antonio Larranaga' | Montevideo | 32 | 41 |
| 3 | Universidad ORT Uruguay | — | 21 | 24 |
8 Location comparison
How Uruguay stacks up
Compare Uruguay 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. Uruguay's row is highlighted (#9).
| # | Ecosystem | Combined EV | 5-yr EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Brazil | $234B | 15.2× | 33 | $2B | 3,988 |
| 2 | Argentina | $141B | 7.1× | 9 | $155.9M | 773 |
| 3 | Mexico | $45.2B | 10.0× | 13 | $1.4B | 1,285 |
| 4 | Colombia | $21.1B | 16.5× | 2 | $206.6M | 680 |
| 5 | Chile | $17.8B | 12.2× | 3 | $189.9M | 850 |
| 6 | El Salvador | $12.6B | — | 1 | $72.8M | 34 |
| 7 | Cayman Islands | $10.8B | 152.0× | 5 | $184.5M | 108 |
| 8 | British Virgin Islands | $5.9B | 65.5× | 1 | $267.9M | 127 |
| 9 | Uruguay | $4.6B | 15.7× | 2 | $38.2M | 95 |
| 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 |
9 Patent intelligence
Uruguay startup IP portfolio: 16 patent families
Granted patent families assigned to startups headquartered in Uruguay. 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.
10 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 Uruguay dataset — or see a sample on the Dealroom app.
More data
Explore Dealroom data →Get the full Uruguay ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.