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Madrid

Metro area · Spain · Pop. 6.7M · WithinWorldEMEAEuropeEuropean UnionSpainMadrid

Startup funnel

Madrid's startup funnel

Companies headquartered in Madrid at each stage today, by total VC raised. Hover or tap a bar for the split.

1,000
Startups
$100K–15M raised

498 pre-seed · 331 seed · 171 Series A

104
Breakouts
$15–100M raised

71 Series B · 33 Series C

25
Scaleups
$100M+ raised

15 Mega · 10 Mega+

12
Unicorns and/or $100M+ revenue

6 valued at $1B+ · 11 with $100M+ revenue · 5 both

Source: Dealroom.co

Quarterly report

Madrid's latest quarter in venture capital

Venture capital raised by Madrid-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.

Latest complete quarter

 

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Enterprise value

How much Madrid’s VC-backed companies are worth

Combined enterprise value of VC-backed companies headquartered in Madrid, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.

VC investment

How much venture capital flows into Madrid

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

Largest rounds

Largest funding rounds in Madrid

A live treemap of the largest VC rounds. Each cell is one round into Madrid-headquartered companies, grouped by Dealroom sector.

Largest rounds in Madrid - 2026

Every $15M+ VC round into Madrid-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
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Academia

Madrid's academic flywheel

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

University-linked startup formation
370
University spinouts
2,558
Total alumni-founded companies
1,954
Of which startups (<$15M raised)
494
Breakouts ($15M-100M)
110
Scaleups ($100M+)
University ranking By alumni who went on to found startups
# University City Founders Companies
1 IE Business School Madrid 1,977 2,359
Unlock the full university ranking for Madrid on Dealroom

Location comparison

How Madrid stacks up

Compare Madrid with peers from the same country (Spain) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

Madrid
$47.7B
$39.6B
$1.7B
$1B
$651.9M
$194.3M

Combined enterprise value of each ecosystem.

Get the full Madrid ecosystem on Dealroom

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