\Europe’s startup unicorns

\Europe’s startup unicorns

Europe's unicorns, tracked.

Unicorns aren’t the rare beast they once were in European tech — despite the long odds that companies shooting for that milestone still face.

Europe is now home to over 120 unicorns, according to Sifted’s definition, 68 of which graduated in 2021 alone — more than triple the 18 new entries of 2020 and four times as many as all unicorns minted on the continent before 2014. That means Europe made more than five unicorns a month in 2021.

To help you keep track of it all, Sifted’s team has compiled a list of Europe’s unicorns using data from European Startups and our own research — with valuation estimates from Dealroom. We’ll update the list whenever a new company hits the billion-dollar valuation.

Sifted defines a unicorn as a privately held, VC-backed company valued at $1bn. To be considered unicorns, startups must have: reached a $1bn valuation on any round previous to IPO or acquisition, been founded after 2005 and be both founded and headquartered in Europe. Companies valued at $1bn at IPO but never at any prior financing stage are not considered unicorns as they are no longer privately held at that valuation. Please let us know if we’ve missed any at [email protected]

Key

Year founded

Amount raised

Last funding round

Valuation

Employees

Spendesk's logo

Spendesk

Company cards & payment tracking dashboard

fintech / payments

spendesk.com

Paris, France

2016

250m

SERIES C

1.00

200-500

Exotec's logo

Exotec

Mobile robots for warehouse management

robotics / logistics

exotec.com/

Croix, France

2015

382m

SERIES D

2.00

200-500

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Flipdish's logo

Flipdish

Online ordering system for restaurants

food / food logistics

flipdish.com

Dublin, Ireland

2015

132m

GE VC

1.15

200-500

TravelPerk's logo

TravelPerk

Business travel platform managing payments, policies and budgets

Barcelona, Spain

2015

364m

GE VC

1.30

500-1000

Qonto's logo

Qonto

Creates the finance solution all businesses love through technology, elegant design, and an outstanding sense of customer care

fintech / financial management solutions, banking

qonto.com

Paris, France

2016

600m

SERIES D

5.00

500-1000

Ankorstore's logo

Ankorstore

Wholesale marketplace

marketplace /

ankorstore.com

Paris , France

2019

368m

SERIES C

1.75

200-500

PayFit's logo

PayFit

HR & Payroll management system

enterpise software /

payfit.com

Paris, France

2015

430m

SERIES E

1.80

500-1000

Klarna's logo

Klarna

Payment solutions for online storefronts

fintech / payments

klarna.com

Stockholm, Sweden

2005

3053.84m

GE VC

41.45

5000-10000

Revolut's logo

Revolut

A world beyond banking - a secure, mobile-based current account that allows you to hold, exchange and transfer without fees in 25 different currencies

fintech / banking

revolut.com

London, United Kingdom

2015

1563.09m

SERIES E

30.00

1000-5000

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Checkout.com's logo

Checkout.com

Offers credit card and alternative payment methods

fintech / payments

checkout.com

London, United Kingdom

2012

754.55m

SERIES C

13.64

1000-5000

Northvolt's logo

Northvolt

Lithium-ion batteries manufacturer

energy, transportation / clean energy, energy storage

northvolt.com

Stockholm, Sweden

2016

4024.08m

GROWTH EQUITY VC

10.68

1000-5000

Celonis's logo

Celonis

Provides an Execution Management System that helps companies in running their business processes

marketing, enterprise software /

celonis.com

Munich, Germany

2011

1243.18m

SERIES D

10.00

1000-5000

N26 Group's logo

N26 Group

Bank account that can be managed entirely from a smartphone

fintech / banking

n26.com

Berlin, Germany

2013

1562.39m

SERIES E

8.18

1000-5000

Rapyd's logo

Rapyd

A fintech-as-a-service platform makes it simple to integrate local payment and fintech capabilities into any application

fintech / payments

rapyd.net

London, United Kingdom

2016

700m

SERIES E

7.95

200-500

Snyk's logo

Snyk

Cloud native application security provider that enables millions of developers to build software securely

security, enterprise software / device security & antivirus

snyk.io

Spencers Wood, United Kingdom

2015

1233.64m

SERIES F

7.73

500-1000

Hopin's logo

Hopin

The first all-in-one live online events platform where attendees can learn, interact, and connect with people from anywhere in the world

event tech /

hopin.com

London, United Kingdom

2019

928.73m

SERIES D

7.05

500-1000

Personio's logo

Personio

Developer of an HR management and recruiting platform for SMEs and startups

jobs recruitment, enterprise software /

personio.de

Munich, Germany

2015

477.94m

SERIES E

5.73

500-1000

Mambu's logo

Mambu

SaaS banking engine powering innovative lending and deposits

fintech / banking

mambu.com

Amsterdam, Netherlands

2011

387.96m

SERIES E

4.90

500-1000

Trade Republic's logo

Trade Republic

Mobile-only and commission-free broker

fintech / wealth management

traderepublic.com

Berlin, Germany

2018

767m

SERIES C

4.82

500-1000

Blockchain's logo

Blockchain

Open-source, noncustodial wallet for crypto

fintech / crypto and defi

blockchain.com

London, United Kingdom

2011

445.45m

SERIES C

4.73

200-500

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