Kpmg Colombia published its annual report showing a growing startup ecosystem with 2,295 active companies, a 9% increase from the previous year.
The study reveals that the Software as a Service sector leads with 610 startups, or 27% of the total, ahead of fintech firms that total 465 companies and represent 20%.
The most consolidated sectors include fintech, climate tech, artificial intelligence and govtech. Bogotá and Cundinamarca concentrate 46% of the ecosystem, followed by Antioquia at 30% and Valle del Cauca at 11%.
The main challenge identified is helping companies scale, expand internationally and secure stronger capital rounds to ensure sustainability.
