05.12.2024

Sifted 250 (2024)

The Sifted 250 ranks Europe’s 250 startups with the highest percentage revenue growth over the past three financial years, calculated using a two-year compound annual growth rate (CAGR).

Combined, the 250 startups have generated revenues of €6.86bn over the past three financial years and employ over 25,000 people across the continent. On average, they have raised €70.67m in capital.

To be eligible, startups had to meet the following criteria: headquartered in Europe (excluding Azerbaijan, Belarus, Israel, Russia and Turkey); 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 €50k in the base year (2020, 2021 or 2022) and at least €500k in the most recent financial year (2022, 2023 or 2024). Companies were required to submit signed documentation to support disclosed financial information not publicly available. Some chose not to make their latest revenue figure public information.

In addition, startups had to feature on their respective regional leaderboard e.g. Sifted 100: UK & Ireland in order to qualify for the European Sifted 250 Leaderboard.

A research report exploring the 250 startups and the factors propelling their rise is available to read here as well as a launch article.

Click on each company's box to find a more in-depth profile.

The data set of all 250 startups is available exclusively to Sifted Pro subscribers. Please email pro@sifted.eu for access.

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