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

Ledger's logo

Ledger

Providing security and infrastructure solutions for cryptocurrencies and blockchain applications

fintech / crypto and defi

ledger.com

Paris, France

2014

432.15m

SERIES C

1.36

200-500

Matillion's logo

Matillion

Data transformation software for cloud data warehouses

enterprise software /

matillion.com

Altrincham, United Kingdom

2011

281.25m

SERIES E

1.36

200-500

MindMaze's logo

MindMaze

Builds novel interfaces for neurorehabilitation, game training and 3D imaging in real time

health / medical devices

mindmaze.com

Lausanne, Switzerland

2012

212.25m

LATE VC

1.36

50-200

Solarisbank's logo

Solarisbank

Empower any business to offer financial services, building more valuable connections with their customers

fintech / banking

solarisbank.de

Berlin, Germany

2016

345.1m

LATE VC

1.36

200-500

Cabify's logo

Cabify

Car booking web and mobile app

transportation / mobility

cabify.com

Madrid, Spain

2011

368.86m

DEBT

1.27

1000-5000

Epidemic Sound's logo

Epidemic Sound

A global MusicTech company that is on a mission to soundtrack the world

Stockholm, Sweden

2009

463.2m

GROWTH EQUITY VC

1.27

500-1000

Scalable Capital's logo

Scalable Capital

Low-cost portfolio management technology

fintech / wealth management

scalable.capital

Munich, Germany

2014

282.36m

SERIES E

1.27

200-500

Gymshark's logo

Gymshark

Fitness apparel and accessories brand

fashion, sports / footwear, accessories, apparel

gymshark.com

Solihull, United Kingdom

2012

240m

GROWTH EQUITY VC

1.20

500-1000

OVO Energy's logo

OVO Energy

Energy technology company and supplier

energy / clean energy, energy providers

ovoenergy.com

Bristol, United Kingdom

2008

277.2m

GROWTH EQUITY VC

1.20

1000-5000

Marshmallow's logo

Marshmallow

Car insurance tailored for people who've moved to the UK

fintech, transportation / insurance

marshmallow.com

London, United Kingdom

2017

107.45m

SERIES B

1.14

50-200

Oda's logo

Oda

Offers same-day or next-day delivery of food, meal kits and home essentials

food / food logistics & delivery

oda.com

Oslo, Norway

2013

338.31m

SECONDARY

1.12

500-1000

Forto's logo

Forto

Stands for groundbreaking, scalable, digital logistics technology and services that go beyond transportation from point A to point B

transportation, enterprise software / logistics & delivery

forto.com

Berlin, Germany

2016

332.91m

SERIES C

1.09

500-1000

GetYourGuide's logo

GetYourGuide

GetYourGuide is the booking platform for incredible travel experiences

travel, event tech / online travel agency

getyourguide.com

Berlin, Germany

2009

728m

DEBT

1.09

500-1000

Rohlik Group's logo

Rohlik Group

Online grocery delivery service that is changing the habit of shopping in Europe

food / food logistics & delivery

rohlik.group

Prague, Czech Republic

2014

328.18m

SERIES C

1.09

1000-5000

Sennder's logo

Sennder

A digital freight-forwarder platform for full truck loads

transportation / logistics & delivery

sennder.com

Berlin, Germany

2015

282.73m

SERIES D

1.09

500-1000

Deezer's logo

Deezer

Online music streaming service available on any device

music /

deezer.com

Paris, France

2007

480.43m

LATE VC

1.00

500-1000

Doctolib's logo

Doctolib

An appointment online to a doctor or dentist

health / health platform

doctolib.fr

Levallois-Perret, France

2013

237.18m

LATE VC

1.00

1000-5000

Lunar's logo

Lunar

A mobile-based banking app with a mission to fundamentally change the banking

fintech / banking

lunar.app

Aarhus, Denmark

2015

317.7m

SERIES D

1.00

200-500

smava's logo

smava

Germany's largest online credit market

fintech / mortgages & lending

smava.de

Berlin, Germany

2007

137.64m

LATE VC

1.00

200-500

SumUp's logo

SumUp

Mobile payments company

fintech / payments

sumup.com

London, United Kingdom

2011

39.09m

DEBT

1.00

1000-5000

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