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
Sorare
A global fantasy football game where managers can trade official digital collectibles
gaming / esports
sorare.comSaint-Mandé, France
2018
670.55m
SERIES B
3.91
10-50
Sorare
A global fantasy football game where managers can trade official digital collectibles
gaming / esports
sorare.comSaint-Mandé, France
2018
670.55m
SERIES B
3.91
10-50
Vinted
The largest online international C2C marketplace in Europe dedicated to second-hand fashion
fashion / apparel
vinted.comVilnius, Lithuania
2008
482.18m
SERIES F
3.75
1000-5000
Vinted
The largest online international C2C marketplace in Europe dedicated to second-hand fashion
fashion / apparel
vinted.comVilnius, Lithuania
2008
482.18m
SERIES F
3.75
1000-5000
Bitpanda
Austrian start-up company that specializes in selling and buying Bitcoins and other cryptocurrencies
fintech / crypto and defi, wealth management
bitpanda.comVienna, Austria
2014
450.91m
SERIES C
3.73
500-1000
Bitpanda
Austrian start-up company that specializes in selling and buying Bitcoins and other cryptocurrencies
fintech / crypto and defi, wealth management
bitpanda.comVienna, Austria
2014
450.91m
SERIES C
3.73
500-1000
Picnic
Online supermarket, that delivers groceries for the lowest price to people’s home, without delivery costs
food / food logistics & delivery
picnic.appAmsterdam, Netherlands
2015
900m
SERIES D
3.60
1000-5000
Sifted Take
Picnic
Online supermarket, that delivers groceries for the lowest price to people’s home, without delivery costs
food / food logistics & delivery
picnic.appAmsterdam, Netherlands
2015
900m
SERIES D
3.60
1000-5000
Sifted Take
MessageBird
Connects enterprises to global customers through SMS, Voice and Chat APIs
telecom, enterprise software /
messagebird.comAmsterdam, Netherlands
2011
1000.11m
SERIES C
3.45
200-500
MessageBird
Connects enterprises to global customers through SMS, Voice and Chat APIs
telecom, enterprise software /
messagebird.comAmsterdam, Netherlands
2011
1000.11m
SERIES C
3.45
200-500
2012
861.82m
SERIES E
3.18
500-1000
MoonPay
Financial technology company that builds payments infrastructure for crypto
fintech / crypto and defi, payments
moonpay.comIs-Swieqi, Malta
2018
504.55m
SERIES A
3.09
50-200
MoonPay
Financial technology company that builds payments infrastructure for crypto
fintech / crypto and defi, payments
moonpay.comIs-Swieqi, Malta
2018
504.55m
SERIES A
3.09
50-200
Back Market
Online marketplace dedicated to refurbished products
home living /
backmarket.frParis, France
2014
462.55m
SERIES D
2.91
500-1000
Back Market
Online marketplace dedicated to refurbished products
home living /
backmarket.frParis, France
2014
462.55m
SERIES D
2.91
500-1000
Gorillas
Groceries delivery app
food / food logistics & delivery
gorillas.ioBerlin, Germany
2020
1213.82m
SERIES C
2.82
1000-5000
Sifted Take
2020
1213.82m
SERIES C
2.82
1000-5000
Sifted Take
CMR Surgical
Robotic system for minimal access surgery
health, robotics / medical devices
cmrsurgical.comImpington, United Kingdom
2014
896.36m
SERIES D
2.73
500-1000
CMR Surgical
Robotic system for minimal access surgery
health, robotics / medical devices
cmrsurgical.comImpington, United Kingdom
2014
896.36m
SERIES D
2.73
500-1000
Contentful
The leading content platform for digital-first business
media, enterprise software / content production
contentful.comBerlin, Germany
2013
302.03m
SERIES F
2.73
500-1000
Sifted Take
Contentful
The leading content platform for digital-first business
media, enterprise software / content production
contentful.comBerlin, Germany
2013
302.03m
SERIES F
2.73
500-1000
Sifted Take
FlixMobility (FlixBus)
Smart and green mobility for everyone to experience the world
transportation / mobility
global.flixbus.comMunich, Germany
2011
805.45m
SERIES G
2.73
1000-5000
FlixMobility (FlixBus)
Smart and green mobility for everyone to experience the world
transportation / mobility
global.flixbus.comMunich, Germany
2011
805.45m
SERIES G
2.73
1000-5000
Infobip
Full-stack Communications Platform as a Service (CPaaS), with private cloud infrastructure and zero-hop connectivity to telecoms globally
telecom, enterprise software /
infobip.comLondon, United Kingdom
2006
636.36m
LATE VC
2.73
1000-5000
Infobip
Full-stack Communications Platform as a Service (CPaaS), with private cloud infrastructure and zero-hop connectivity to telecoms globally
telecom, enterprise software /
infobip.comLondon, United Kingdom
2006
636.36m
LATE VC
2.73
1000-5000
wefox
Service platform for insurance brokers insurers and end-customers
fintech / insurance
https:/www.wefox.comBerlin, Germany
2015
836.82m
SERIES C
2.73
500-1000
Sifted Take
wefox
Service platform for insurance brokers insurers and end-customers
fintech / insurance
https:/www.wefox.comBerlin, Germany
2015
836.82m
SERIES C
2.73
500-1000
Sifted Take
Flink
High quality and organic groceries, delivered to your door in 10 minutes
food / food logistics & delivery
goflink.comBerlin, Germany
2020
957.27m
SERIES B
2.59
200-500
Flink
High quality and organic groceries, delivered to your door in 10 minutes
food / food logistics & delivery
goflink.comBerlin, Germany
2020
957.27m
SERIES B
2.59
200-500
Graphcore
Created a new processor, the Intelligence Processing Unit (IPU), specifically designed for artificial intelligence
semiconductors /
graphcore.aiBristol, United Kingdom
2016
620m
2.52
500-1000
Graphcore
Created a new processor, the Intelligence Processing Unit (IPU), specifically designed for artificial intelligence
semiconductors /
graphcore.aiBristol, United Kingdom
2016
620m
2.52
500-1000
ManoMano
Gardening and DIY community
home living /
manomano.frParis, France
2013
633.18m
SERIES F
2.36
500-1000
2013
633.18m
SERIES F
2.36
500-1000
OakNorth Bank
The bank for entrepreneurs - Fast, flexible and accessible debt finance
fintech / banking, mortgages & lending
oaknorth.comLondon, United Kingdom
2015
782.51m
SECONDARY
2.18
200-500
OakNorth Bank
The bank for entrepreneurs - Fast, flexible and accessible debt finance
fintech / banking, mortgages & lending
oaknorth.comLondon, United Kingdom
2015
782.51m
SECONDARY
2.18
200-500
Bought by Many
Better pet insurance
fintech / insurance
boughtbymany.comLondon, United Kingdom
2012
439.26m
SERIES D
2.14
200-500
2012
439.26m
SERIES D
2.14
200-500
Jobandtalent
An accessible digital temp staffing marketplace
jobs recruitment /
jobandtalent.comMadrid, Spain
2009
799.61m
SERIES E
2.14
1000-5000
Jobandtalent
An accessible digital temp staffing marketplace
jobs recruitment /
jobandtalent.comMadrid, Spain
2009
799.61m
SERIES E
2.14
1000-5000
Logos provided by Clearbit