Uruguay
South America · Pop. 3.4M · WithinWorldHigh Income Countries (UN definition)Latin AmericaLatin America and the CaribbeanSouth AmericaUruguay
1 Startup funnel
Uruguay's startup funnel
Companies headquartered in Uruguay at each stage today, by total VC raised. Hover or tap a bar for the split.
Source: Dealroom.co
2 Latest quarter
Uruguay's latest quarter in venture capital
Venture capital raised by Uruguay-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.
Latest complete quarter
Loading VC raised by Uruguay-headquartered companies…
3 Enterprise value
How much Uruguay’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Uruguay, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
4 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.
5 Largest rounds
Largest funding rounds in Uruguay
A live treemap of $15M+ rounds from the Dealroom API. Each cell is one round into a company headquartered in Uruguay, grouped by Dealroom sector.
Largest rounds in Uruguay - 2024–2026
6 Startup hubs
Inside Uruguay: 1 startup hub, 19 universities
Hubs are sized by combined enterprise value; universities by the startup founders they produced. Hover any point for its numbers; the lists rank hubs by EV and universities by founders.
7 Founder origins
Where Uruguay's unicorn founders build
4 founders born in Uruguay are behind 2 unicorns; 0% of those were built in the US. Origins are resolved from biography and education history, not current address. Compare with the other origin countries in South America, ranked by founders or per 1M inhabitants.
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 | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Brazil | $238B | 14.2× | 34 | $2B | 4,078 |
| 2 | Argentina | $142B | 7.1× | 10 | $195.9M | 834 |
| 3 | Mexico | $45.3B | 10.0× | 13 | $1.4B | 1,334 |
| 4 | Chile | $18.2B | 12.4× | 3 | $229.7M | 898 |
| 5 | Colombia | $16.7B | 12.0× | 2 | $211.5M | 672 |
| 6 | El Salvador | $12.6B | — | 1 | $72.8M | 35 |
| 7 | Cayman Islands | $11.6B | 163.2× | 5 | $188.5M | 119 |
| 8 | British Virgin Islands | $6.1B | 67.3× | 1 | $285.9M | 132 |
| 9 | Uruguay | $4.6B | 35.2× | 1 | $38.7M | 106 |
| 10 | Costa Rica | $4.3B | 2.9× | 1 | $13.7M | 77 |
| 11 | Bermuda | $2.7B | 5.5× | 1 | $22M | 29 |
| 12 | Panama | $1.8B | — | 1 | $123.2M | 78 |
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.
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.