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

Omio's logo

Omio

Multi-mode search tool that compares and combines rail, air, bus and car for European destinations

travel / booking & search

omio.com

Berlin, Germany

2012

360m

CONVERTIBLE

0.91

200-500

PPRO's logo

PPRO

Cross-border local payment method provider for PSPs

fintech / payments

ppro.com

London, United Kingdom

2006

336.36m

SECONDARY

0.91

200-500

Razor's logo

Razor

A new-age global consumer holding partnering with e-commerce merchants to acquire and scale winning brands

marketing / ecommerce solutions

razor-group.com

Berlin, Germany

2020

148.39m

SERIES B

0.91

50-200

SaltPay's logo

SaltPay

FinTech company dedicated to building a better future for merchants by servicing them through payment and management tools

fintech / financial management solutions, payments

saltpay.co

London, United Kingdom

2019

570.55m

SERIES C

0.91

200-500

SellerX's logo

SellerX

Europe’s leading aggregator of e-commerce businesses

marketing / ecommerce solutions

sellerx.com

Berlin, Germany

2020

373.27m

DEBT

0.91

50-200

Shift Technology's logo

Shift Technology

Delivers the only AI-native decision automation and optimization solutions built specifically for the global insurance industry

security, fintech / data protection, identity & access, regtech, insurance

shift-technology.com

Paris, France

2013

289.3m

SERIES D

0.91

200-500

Swile (ex-Lunchr)'s logo

Swile (ex-Lunchr)

An app to pay food from restaurants

fintech, food / financial management solutions, in-store retail & restaurant tech, payments

swile.co

Montpellier, France

2018

296.23m

SERIES D

0.91

200-500

Thought Machine's logo

Thought Machine

Thought Machine builds cloud native technology to revolutionise banking

fintech / banking

thoughtmachine.net

London, United Kingdom

2014

320.65m

SERIES C

0.91

200-500

Touchlight Genetics's logo

Touchlight Genetics

Touchlight Genetics, a British bio-pharmaceutical company founded in 2007

health / biotechnology

touchlight.com

Hampton, United Kingdom

2007

113.64m

LATE VC

0.91

50-200

Tractable's logo

Tractable

Develops artificial intelligence for accident & disaster recovery

fintech, enterprise software / insurance

tractable.ai

London, United Kingdom

2014

104.45m

SERIES D

0.91

200-500

TrueLayer's logo

TrueLayer

Platform allows easily integrate next-generation payments and financial data into any app

fintech / banking

truelayer.com

London, United Kingdom

2016

246.76m

SERIES E

0.91

200-500

Younited's logo

Younited

Lending & Payments. Simpler, Safer since 2012. Fully authorized and regulated as a credit institution by the ACPR

fintech / mortgages & lending

younited-group.com

Paris, France

2009

326.2m

LATE VC

0.91

500-1000

Zopa's logo

Zopa

The first ever peer-to-peer lending company to give people access to simpler, better-value loans and investments

fintech / financial management solutions, mortgages & lending, banking

zopa.com

London, United Kingdom

2005

706.85m

LATE VC

0.91

200-500

Numbrs's logo

Numbrs

A customer-centric financial services company that enables customers to manage their existing bank accounts and personal finances

fintech / financial management solutions

numbrs.com

Zurich, Switzerland

2013

205m

LATE VC

0.83

50-200

Tricentis's logo

Tricentis

Offers software testing solutions

enterprise software /

tricentis.com

Hamburg, Germany

2007

150.15m

SERIES B

0.80

1000-5000

Logos provided by Clearbit