So far this year Irish startups have raised €1bn from VC funds. This is just shy of the €1.2bn raised all of 2020, putting the country on track for a record year.
But which are the most exciting startups and scaleups? Which are the ones to watch in 2021?
Our team of experts at Sifted have chosen a list of exciting companies we think you need to know about, with an added ‘Sifted take’ on some to provide an extra layer of insight.
It’s a mixture of the big and the small, the well known and the under the radar. But all are making waves. Keep reading below and stay informed about Europe’s new economy!
(P.S The data is from European Startups, with valuation estimates from Dealroom. If there is anyone missing from this list, or anything is wrong, please let us know by email at [email protected]).
Key
Year founded
Amount raised
Last funding round
Valuation
Employees
Manna Drone
Manna is a Drone Delivery Service ¨in a box¨ for online delivery platforms, dark kitchens, restaurant chains and forecourts
transportation / logistics & delivery
manna.aeroDublin, Ireland
2018
€28m
Series A
€91-136m
10-50
Sifted Take
The idea for drone delivery startup Manna Aero came to Bobby Healy one night when he was sitting in his garden with a hankering for chips.
Chips, he says, are one of the items that don’t work well for conventional food deliveries as they tend to lose their crispness during transport — after half an hour on the back of a delivery bike they have gone limp and soggy.
Healy, a prominent figure in the Irish tech scene and the former CarTrawler chief technology officer, wondered if drones could be a way of speeding things up.
Today Manna is offering restaurants and dark kitchens drone delivery as a service, promising them a three-minute delivery within a two-mile radius, for less than the cost of road-based deliveries.
Manna is not alone. Aviation authorities around the world are starting to allow trials of drone deliveries and other companies, including Amazon, are making a play for the market. Wing, the drone delivery service owned by Alphabet, for example, has started offering commercial services in Virginia, Canberra and Helsinki.
Manna is preparing for “the big year” in 2023 though, when European regulations will allow its services to start scaling across the continent.
Manna has signed partnerships with major brands and retailers, including JustEat, Samsung, Ben & Jerry’s and Tesco to test out drone delivery.
It is also working with a number of small independent coffee shops and retailers, for whom the additional delivery option became crucial during the recent lockdowns.
Manna raises $25m to prepare for big scale-up for drones in 2023
In a small Irish town, people are ordering coffee and broccoli via drone
Manna Drone
Manna is a Drone Delivery Service ¨in a box¨ for online delivery platforms, dark kitchens, restaurant chains and forecourts
transportation / logistics & delivery
manna.aeroDublin, Ireland
2018
€28m
Series A
€91-136m
10-50
Sifted Take
The idea for drone delivery startup Manna Aero came to Bobby Healy one night when he was sitting in his garden with a hankering for chips.
Chips, he says, are one of the items that don’t work well for conventional food deliveries as they tend to lose their crispness during transport — after half an hour on the back of a delivery bike they have gone limp and soggy.
Healy, a prominent figure in the Irish tech scene and the former CarTrawler chief technology officer, wondered if drones could be a way of speeding things up.
Today Manna is offering restaurants and dark kitchens drone delivery as a service, promising them a three-minute delivery within a two-mile radius, for less than the cost of road-based deliveries.
Manna is not alone. Aviation authorities around the world are starting to allow trials of drone deliveries and other companies, including Amazon, are making a play for the market. Wing, the drone delivery service owned by Alphabet, for example, has started offering commercial services in Virginia, Canberra and Helsinki.
Manna is preparing for “the big year” in 2023 though, when European regulations will allow its services to start scaling across the continent.
Manna has signed partnerships with major brands and retailers, including JustEat, Samsung, Ben & Jerry’s and Tesco to test out drone delivery.
It is also working with a number of small independent coffee shops and retailers, for whom the additional delivery option became crucial during the recent lockdowns.
Manna raises $25m to prepare for big scale-up for drones in 2023
In a small Irish town, people are ordering coffee and broccoli via drone
Intercom
Business messaging platform that drives growth at every stage of the customer lifecycle
enterprise software; SaaS; messaging / marketing; sales; support
intercom.comDublin, Ireland
2011
€219.00m
SERIES D
€1.2b
500-1000
Sifted Take
Intercom has long been the big success story of the Irish startup ecosystem. Founded in 2011, the developer of communication tools for businesses is the country's only "unicorn" worth more than $1bn. It has raised a hefty $241m with high-profile backers such as Index Ventures, Bessemer Venture Partners, Kleiner Perkins, Jack Dorsey and Mark Zuckerberg
Based mainly in Dublin and San Francisco, the company has managed to prove wrong those critics who said back in 2018 that the chatbot was dead. Eoghan Mccabe, the chief executive, has long argued that when combined with the right kind of AI software, a chatbot on a webpage can build customer loyalty and help business. It says that customers using Intercom see conversion rates and sales increase by 82%.
The company now has more than 25k paying customers and many of the have been able to automate responses to the most common customer questions and cut response times down on others.
More broadly than chatbots, Intercom sells itself as a streamlined way to get to know and interact with customers. Intercom monitors customer behaviour and allows its customer to slice and dice data to target specific groups of customers with marketing emails and messages, tech support and more. In this way, Intercom competes with Zendesk, Salesforce.com and MailChimp.
Intercom
Business messaging platform that drives growth at every stage of the customer lifecycle
enterprise software; SaaS; messaging / marketing; sales; support
intercom.comDublin, Ireland
2011
€219.00m
SERIES D
€1.2b
500-1000
Sifted Take
Intercom has long been the big success story of the Irish startup ecosystem. Founded in 2011, the developer of communication tools for businesses is the country's only "unicorn" worth more than $1bn. It has raised a hefty $241m with high-profile backers such as Index Ventures, Bessemer Venture Partners, Kleiner Perkins, Jack Dorsey and Mark Zuckerberg
Based mainly in Dublin and San Francisco, the company has managed to prove wrong those critics who said back in 2018 that the chatbot was dead. Eoghan Mccabe, the chief executive, has long argued that when combined with the right kind of AI software, a chatbot on a webpage can build customer loyalty and help business. It says that customers using Intercom see conversion rates and sales increase by 82%.
The company now has more than 25k paying customers and many of the have been able to automate responses to the most common customer questions and cut response times down on others.
More broadly than chatbots, Intercom sells itself as a streamlined way to get to know and interact with customers. Intercom monitors customer behaviour and allows its customer to slice and dice data to target specific groups of customers with marketing emails and messages, tech support and more. In this way, Intercom competes with Zendesk, Salesforce.com and MailChimp.
Evervault
Building the internet infrastructure for data privacy
big data /
evervault.comDublin, Ireland
2018
17.5m
SERIES A
€58-87m
10-50
Evervault
Building the internet infrastructure for data privacy
big data /
evervault.comDublin, Ireland
2018
17.5m
SERIES A
€58-87m
10-50
Boundless
A cloud-based platform that allows small and medium-sized innovative businesses to quickly and easily manage multi-country payroll and HR compliance
b2b / legal
boundlesshq.comDublin, Ireland
2019
2.5m
SEED
€10-15m
10-50
Boundless
A cloud-based platform that allows small and medium-sized innovative businesses to quickly and easily manage multi-country payroll and HR compliance
b2b / legal
boundlesshq.comDublin, Ireland
2019
2.5m
SEED
€10-15m
10-50
Sweepr
Provides simple care for the connected home
iot internet of things / home living
sweepr.comDublin, Ireland
2017
SERIES A
€33-€49m
10-50
Sweepr
Provides simple care for the connected home
iot internet of things / home living
sweepr.comDublin, Ireland
2017
SERIES A
€33-€49m
10-50
Change Donations
Roundup your spare change to support the causes you care about most
b2c / health
changedonations.comIreland
2018
n/a
n/a
1-10
Change Donations
Roundup your spare change to support the causes you care about most
b2c / health
changedonations.comIreland
2018
n/a
n/a
1-10
KeepAppy
KeepAppy is the wellness app and social enterprise that acts as a gym for your mental health and wellbeing
b2c / saas
keepappy.comDublin, Ireland
2019
n/am
n/a
n/a
1-10
KeepAppy
KeepAppy is the wellness app and social enterprise that acts as a gym for your mental health and wellbeing
b2c / saas
keepappy.comDublin, Ireland
2019
n/am
n/a
n/a
1-10
ApisProtect
Agricultural technology designed for the management and care of bees
food;enterprise software / agritech
apisprotect.comCork, Ireland
2017
€1.80m
SEED
€7-11m
10-50
Sifted Take
ApisProtect may not be the biggest Irish startups, but it's in an exciting field (much beloved by Sifted) of bee-tech.
Founded in 2017, ApisProtect develops internet-connected beehive sensors and has raised more money than any bee-tech business in the world.
It's hive sensors monitor temperature, humidity, carbon dioxide, sound and movement; data which can be analysed by machine learning to provide alerts for issues like disease, pests or unusual behaviour.
“Our machine learning turns data into useful information,” Fiona Murphy told Sifted last year. “We can show beekeepers which colonies are alive or dead, which are performing well or not, so they can decide if they need to feed them, apply insecticide or slap some extra insulation on the hives.”
ApisProtect has been training its AI with 20 beekeeper partners, 200 sensor units and 10m honey bees monitored across the US, Ireland, the UK and South Africa. “We don’t want to train an algorithm on Irish beehives and expect that to land in California and work,” says Murphy.
The startup has some rivals in the form of BeeHero (Israel), Pollenity (Bulgaria) and Arnia (Italy) and so this is a hot field which ApisProtect hopes to dominate.
ApisProtect
Agricultural technology designed for the management and care of bees
food;enterprise software / agritech
apisprotect.comCork, Ireland
2017
€1.80m
SEED
€7-11m
10-50
Sifted Take
ApisProtect may not be the biggest Irish startups, but it's in an exciting field (much beloved by Sifted) of bee-tech.
Founded in 2017, ApisProtect develops internet-connected beehive sensors and has raised more money than any bee-tech business in the world.
It's hive sensors monitor temperature, humidity, carbon dioxide, sound and movement; data which can be analysed by machine learning to provide alerts for issues like disease, pests or unusual behaviour.
“Our machine learning turns data into useful information,” Fiona Murphy told Sifted last year. “We can show beekeepers which colonies are alive or dead, which are performing well or not, so they can decide if they need to feed them, apply insecticide or slap some extra insulation on the hives.”
ApisProtect has been training its AI with 20 beekeeper partners, 200 sensor units and 10m honey bees monitored across the US, Ireland, the UK and South Africa. “We don’t want to train an algorithm on Irish beehives and expect that to land in California and work,” says Murphy.
The startup has some rivals in the form of BeeHero (Israel), Pollenity (Bulgaria) and Arnia (Italy) and so this is a hot field which ApisProtect hopes to dominate.

Accelerated Payments
Invoice Finance - Control Cash Flow with Accelerated Payments
b2b / fintech
acceleratedpayments.comIreland
2017
20m
DEBT
n/a
10-50

Accelerated Payments
Invoice Finance - Control Cash Flow with Accelerated Payments
b2b / fintech
acceleratedpayments.comIreland
2017
20m
DEBT
n/a
10-50
Altada
Transforms data rich clients into data driven companies using a powerful AI platform to cleanse and organise data environments
b2b / enterprise software
altada.comDublin, Ireland
2017
1.3m
SEED
€5-8m
10-50
Altada
Transforms data rich clients into data driven companies using a powerful AI platform to cleanse and organise data environments
b2b / enterprise software
altada.comDublin, Ireland
2017
1.3m
SEED
€5-8m
10-50
Provizio
Perceiving, predicting, and preventing automotive accidents in real-time using proprietary long range imaging sensors and AI on-the-edge
b2b / transportation
provizio.aiLimerick, Ireland
2019
€8.10m
SEED
€23-34m
10-50
Provizio
Perceiving, predicting, and preventing automotive accidents in real-time using proprietary long range imaging sensors and AI on-the-edge
b2b / transportation
provizio.aiLimerick, Ireland
2019
€8.10m
SEED
€23-34m
10-50

CurrencyFair
CurrencyFair is an online peer-to-peer currency exchange marketplace
fintech / investing
currencyfair.comIreland
2009
€29.60m
DEBT
€32-48m
50-100

CurrencyFair
CurrencyFair is an online peer-to-peer currency exchange marketplace
fintech / investing
currencyfair.comIreland
2009
€29.60m
DEBT
€32-48m
50-100
Kinzen
We’re building the daily news experience that you control
media / publishing
kinzen.comDublin, Ireland
2017
€2.30m
SEED
€7-11m
10-50
Kinzen
We’re building the daily news experience that you control
media / publishing
kinzen.comDublin, Ireland
2017
€2.30m
SEED
€7-11m
10-50
WarDucks
Augmented and virtual reality game development
gaming / media
warducks.comDublin, Ireland
2013
5.1m
SERIES A
€13-20m
10-50

Teamwork
Teamwork is a work and project management tool that helps teams improve collaboration, visibility, accountability and ultimately results
marketing / enterprise software
teamwork.comCork, Ireland
2007
€63.60m
GROWTH EQUITY
100-500

Teamwork
Teamwork is a work and project management tool that helps teams improve collaboration, visibility, accountability and ultimately results
marketing / enterprise software
teamwork.comCork, Ireland
2007
€63.60m
GROWTH EQUITY
100-500
Logos provided by Clearbit