Sifted 30: Eastern Europe & Baltics (2024)
Welcome to the Sifted 30: Eastern Europe and Baltics Leaderboard, which ranks the fastest-growing startups in the region by revenue growth.
Combined, the 30 startups have generated revenues of €188.2m over the past three financial years, employing more than 1,327 people.
To be eligible, startups had to meet the following criteria: headquartered in Ukraine, Estonia, Latvia, Lithuania, Belarus, Moldova, Armenia, Georgia, Albania, Bosnia & Herzegovina, Bulgaria, Croatia, Kosovo, Montenegro, North Macedonia, Romania and Serbia; founded in or after 2014; maximum full-time headcount of 999; private and independent; majority of revenue must be generated by proprietary technology; at least three years of revenue data; and revenue (annualised if necessary) of at least €25k in the base year (2020 or 2021) and at least €250k in the most recent financial year (2022 or 2023). Companies were required to submit signed documentation to support disclosed financial information not publicly available. Most chose not to make their latest revenue figure public information.
A research report on the 30 startups and Eastern European and Baltic tech ecosystem is available to read here.
Click on each company's box to find a more in-depth profile.
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