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About startup landscape in Puerto Rico

Puerto Rico has over 1,836 startups across the country. Of these, 246 are funded companies that have collectively raised $4.75B in venture capital and private equity. A total of 272 investors have participated in 206 funding rounds, with 20 startups securing early-stage funding and 9 raising late-stage funding. In the last five years, 278 new companies have been founded, raising over $293M in funding. Startups in Puerto Rico have witnessed 73 acquisitions and 12 IPOs, while 252 startups wrapped up operations. Additionally, 62 companies have been founded by women.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Acquisitions

Top Companies in Puerto Rico

Popular is the top company in Puerto Rico, ranked using ÃØÃÜÑо¿Ëù Score ().
Here are 5 of the top companies in Puerto Rico
Company
Description
Location
Founded
Current Stage
Private Funding Raised
Commercial bank
San Juan (Puerto Rico)
1893
Public
-
Digital bank for individuals & businesses
San Juan (Puerto Rico)
2018
Series A
$3.22M
Commercial bank
San Juan (Puerto Rico)
1948
Public
-
Provider of full service transaction processing services
San Juan (Puerto Rico)
1988
Public
-
Provider of enterprise banking systems for fintech and blockchain companies
San Juan (Puerto Rico)
2018
Series A
$8M

Recent Funding Rounds in Puerto Rico

In the year 2025, till March 2025, $76M has been raised in 2 equity funding rounds across Puerto Rico. In the same period last year (i.e. till March 2024), $23M had been raised across 4 rounds in Puerto Rico. So, 2025 has seen a 230.15% rise in funding in companies of Puerto Rico as compared to 2024.
Here are some recent, important funding rounds in Puerto Rico
Company
Round Raised
Amount Raised
Funding Date
Investors
Series B
$63M
Mar 21, 2025
-
Series B
$13M
Jan 20, 2025
Seed
$450K
Nov 13, 2024
-
Logo for Familia Kitchen
Seed
$50K
Oct 05, 2024
-
Series A
$36.5M
Aug 29, 2024
-
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  • 1.8K+ Total Companies
  • $4.75B+ Total Funding
  • 245+ Funded Companies
  • 10+ IPOs
  • 70+ Acquisitions

Top Investors in Puerto Rico

Parallel18 is the top investor in companies of Puerto Rico based on number of companies invested.
Here are some top investors in Puerto Rico

Acquisitions in Puerto Rico

In the year 2025, till March 2025, 1 acquisition happened in Puerto Rico. Last year, in 2024, a total of 9 acquisitions happened in Puerto Rico.
Here are some recent, important acquisitions in Puerto Rico
Company
Acquisition Type
Acquisition Date
Acquirers
Business Acquisition
Mar 11, 2025
Business Acquisition
Dec 05, 2024
Business Acquisition
Nov 01, 2024
Business Acquisition
Oct 17, 2024
Logo for Corts Industrial
Business Acquisition
Jul 11, 2024

IPOs in Puerto Rico

In the year 2024, till February 2024, 1 IPO happened in Puerto Rico.
Here are some recent, important IPOs in Puerto Rico
Company
IPO Date
Exchange Symbol
Feb 14, 2024
National Association of Securities Dealers Automated Quotations (NASDAQ)
Apr 11, 2022
National Association of Securities Dealers Automated Quotations (NASDAQ)
Logo for Immutable Holdings
Nov 05, 2021
Frankfurt Stock Exchange (FRA)
Sep 22, 2017
National Association of Securities Dealers Automated Quotations (NASDAQ)
Apr 12, 2013
New York Stock Exchange (NYSE)

Top News about startups in Puerto Rico

•
GlobeNewswire•May 28, 2025•Red Cat,
•
Global FinTech Series•Mar 26, 2025•FV Bank
•
Finextra•Feb 11, 2025•FV Bank
•
Fintech Finance•Oct 16, 2024•Zenus Bank, Tuum
•
GlobeNewswire•Jun 17, 2024•Red Cat
•
UAS Vision•May 10, 2024•Red Cat
•
Seeking Alpha•Apr 18, 2024•Red Cat, Sentien
•
Financial Post•Mar 21, 2024•FV Bank
•
BNN•Mar 07, 2024•Primordial Labs, Red Cat
•
CNW•Feb 08, 2024•ExacTech, Statera Medical

FAQs about Startups in Puerto Rico

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