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The Startup Ecosystem of Vilnius

Vilnius has 515 startups in our sample database. This represents about 76% of Lithuania’s startups. Vilnius is the highest-ranked startup ecosystem in Lithuania.

CITY RANKING

In 2024, the startup scene of Vilnius shows much promise after advancing in the Global Ecosystem Index by 2 spots.

National Ranking

1st
0
In Lithuania

Regional Ranking

4th
0
In Eastern Europe

Global Ranking

71st
+
2
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Vilnius Top Startup Industries

Fintech icon
Fintech
#43 worldwide

124 startups

Ecommerce & Retail icon
Ecommerce & Retail
#61 worldwide

44 startups

Marketing & Sales icon
Marketing & Sales
#63 worldwide

32 startups

Ecosystem HealthCheck

Vilnius Ecosystem Health Check

The health check tables allow you to look at the performance Vilnius has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
IndustryGlobal rankMomentum YoYNumber of Startups
Global71194024
Fintech430123
Ecommerce & Retail00.0000.0000.00
Marketing & Sales00.0000.0000.00
Transportation00.0000.0000.00
Social & Leisure00.0000.0000.00
Software & Data00.0000.0000.00
Hardware & IoT00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Vilnius

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Startup Ecosystem Charts

Startup Funding in Vilnius2017 - 2024

Startup Funding in Vilnius 2017 - 2024

From 2022 to 2023, startup funding in Vilnius has decreased by 44.2%. During this period, the number of deals in Vilnius has decreased by 20.78%. Since 2017, total startup funding in Vilnius exceeded US$ $2.37B.

Average Funding in 2023

$2.77M

Vilnius
Lithuania
-29.57% YoY

Funding in 2023

$169.18M

Vilnius
Lithuania
-44.20% YoY

Deals in 2023

61

Vilnius
Lithuania
-20.78% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B0306090120

Ecosystem

The Startup Ecosystem in Vilnius

Our startup ecosystem map for Vilnius includes a sample of 515 tech companies. We have identified as unicorns 2 startups that have passed the USD 1 billion valuations. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Vilnius is ranked within the top 100 startup ecosystems globally.

Top Industries

Vilnius’s startups excel particularly in Fintech where it ranks 43 and in Ecommerce & Retail, and Marketing & Sales. Find out more

Top Cities for Startups in Lithuania - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score
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Quantity Score
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Quality Score
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Business Score
No Data Available
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Download CSV file
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Startups

Notable Startups in Vilnius
CGTrader startup icon
CGTrader
Rrr.lt startup icon
Rrr.lt
Planner 5D startup icon
Planner 5D

ECOSYSTEM

Why should you join Vilnius's Startup Ecosystem?

Overview

Within Vilnius there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Ecommerce & Retail, Marketing & Sales. These three industries represent about 39% of the startups represented on the Startup Ecosystem Map of Vilnius.

1st

National Rank

4th

Regional Rank

Overview

Vilnius is Lithuania's 1st best startup ecosystem and is ranked 4th in Eastern Europe. With a population of 0.5M - 1M people, Vilnius is ranked 71st in the world. The city has some notable startup success stories including CGTrader.

ECOSYSTEM
Startup Infrastructure in Vilnius
With a large variety of initiatives, Vilnius's startup ecosystem stands out from other cities in Eastern Europe. Vilnius offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Vilnius's most prominent support initiatives:

BLOG

Recent Posts

Mon Apr 14 2025

From Service-Based to Product-Based Economy – Lessons from North Macedonia

In this special episode of the Startup Ecosystem Podcast, we revisit a conversation from two years ago, recorded during a visit to North Macedonia. Eli David Rokah, CEO of StartupBlink, sits down with Igor Madjov, founder of Startup Macedonia, to explore how Skopje is evolving from a service-based IT outsourcing city into a product-driven startup […]

Wed Apr 02 2025

Corporate Startup Activity Index 2025

For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index  is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]

Thu Mar 06 2025

The Impact of Government Support on Startups

A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]