Which countries have the most unicorn founders per capita in 2025?

Valerie Charoux
Nov 6, 2025
3 min read

Startup News International – Here is the ranking of countries globally that have the most unicorn founders per 1 million inhabitants in 2025, according to the latest report by Dealroom published on November 5^th, 2025:

This new analysis looks at the origin of unicorn founders, instead of the location of headquarters.

Top 20 countries globally that have the most unicorn founders per capita in 2025:

1 – Israel

Israel ranks No. 1 country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 19 unicorn founders per million inhabitants.

Israel is by far the country in the world with the highest number of unicorn founders per 1 million inhabitants, with over 30 times the global average.

2 – Iceland

Iceland ranks 2nd country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 15.1 unicorn founders per million inhabitants.

3 – Sweden

Sweden ranks 3^rd country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 7.1 unicorn founders per million inhabitants.

4 – Denmark

Denmark ranks 4^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 5.2 unicorn founders per million inhabitants.

5 – Estonia

Estonia ranks 5^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 4.5 unicorn founders per million inhabitants.

6 – New Zealand

New Zealand ranks 6^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 4.2 unicorn founders per million inhabitants.

7 – United States

The US ranks 7^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 4.2 unicorn founders per million inhabitants.

8 – Canada

Canada ranks 8th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 4.2 unicorn founders per million inhabitants.

9 – Ireland

Ireland ranks 9^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 4.1 unicorn founders per million inhabitants.

10 – Norway

Norway ranks 10^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 3.9 unicorn founders per million inhabitants.

11 – Finland

Finland ranks 11^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 3.9 unicorn founders per million inhabitants.

12 – Switzerland

Switzerland ranks 12^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 3.7 unicorn founders per million inhabitants.

13 – United Kingdom

The UK ranks 13^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 3.6 unicorn founders per million inhabitants.

14 – Barbados

Barbados ranks 14^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 3.5 unicorn founders per million inhabitants.

15 – Lebanon

Lebanon ranks 15^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 3.4 unicorn founders per million inhabitants.

16 – Austria

Austria ranks 16^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 3.4 unicorn founders per million inhabitants.

17 – Australia

Australia ranks 17^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 2.6 unicorn founders per million inhabitants.

18 – Netherlands

The Netherlands ranks 18^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 2.4 unicorn founders per million inhabitants.

19 – Singapore

Singapore ranks 19^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 2.4 unicorn founders per million inhabitants.

20 – Latvia

Latvia ranks 20^th country in the world with the highest number of unicorn founders per 1 million inhabitants in 2025, with 2.2 unicorn founders per million inhabitants.