The digital bank, Banco Cuscatlán, and the food delivery and e-commerce app, Hugo, are some of the leading startups based in El Salvador. Banco Cuscatlán had raised investments for 37.5 million U.S. dollars as of June 2021, while Hugo's total raised value reached 13.7 million. Apoyo Integral, operating in microfinance as a savings and lending provider, raised around three million U.S. dollars in investments. TreeCloud Technologies, an artificial intelligence and big data enterprise, accumulated a raised capital of half a million dollars.
Funding received by leading startups in El Salvador as of June 2021
(in 1,000 U.S. dollars)
Characteristic
Funding raised in thousand U.S. dollars
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CrunchBase. (June 23, 2021). Funding received by leading startups in El Salvador as of June 2021 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1246405/startup-investment-el-salvador/
CrunchBase. "Funding received by leading startups in El Salvador as of June 2021 (in 1,000 U.S. dollars)." Chart. June 23, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1246405/startup-investment-el-salvador/
CrunchBase. (2021). Funding received by leading startups in El Salvador as of June 2021 (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1246405/startup-investment-el-salvador/
CrunchBase. "Funding Received by Leading Startups in El Salvador as of June 2021 (in 1,000 U.S. Dollars)." Statista, Statista Inc., 23 Jun 2021, https://www.statista.com/statistics/1246405/startup-investment-el-salvador/
CrunchBase, Funding received by leading startups in El Salvador as of June 2021 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1246405/startup-investment-el-salvador/ (last visited August 25, 2024)
Funding received by leading startups in El Salvador as of June 2021 (in 1,000 U.S. dollars) [Graph], CrunchBase, June 23, 2021. [Online]. Available: https://www.statista.com/statistics/1246405/startup-investment-el-salvador/