879 Top startups in Estonia for January 2024

We rank carVertical, Testlio and 3Commas in Estonia along with 876 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Estonia ranks #12 globally and #1 in Eastern Europe.

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Top Unicorn Startups in Estonia for 2025

Two startups have achieved unicorn status by exceeding USD 1 billion in valuation. Collectively, the top two unicorns in Estonia have raised more than USD 12.5B.

1st

Bolt
SB Score:795

Bolt is an Estonian ride-hailing app. Leading transportation platform in 150 cities in Europe and Africa - cars, electric scooters and food delivery.

Industry:
Transportation
Subindustry:
Ride-Hailing

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SB Score:631

Veriff is an online identity verification company dedicated to safeguarding businesses and customers from online identity fraud. With Veriff, businesses can confidently verify customer identities online, ensuring a secure and trustworthy digital experience for all.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Tallinn)

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Total amount:2

Best Startups in Estonia for 2024

SB Score:594

carVertical uses blockchain technology to collect comprehensive car history data from various sources, providing users with a clear and reliable overview of a vehicle's background.

Industry:
Ecommerce & Retail
Subindustry:
Mobile Commerce

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SB Score:573

Testlio connects developers with top mobile testers to uncover every bug in their product. With realtime chat, integration into existing systems, and flexible testing schedules, Testlio streamlines the testing process. As industry leaders, Testlio provides a platform for testers to learn, grow, and earn competitive compensation.

Industry:
Software & Data
Subindustry:
SaaS

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4th

MD X
SB Score:564

MD X aims to transform marketing and advertising by fostering a more inclusive and rewarding ecosystem for brands, publishers, and users. With a strong commitment to IT science, it empowers experimentation and the development of long-term strategies that benefit all stakeholders.

Industry:
Marketing & Sales
Subindustry:
Adtech

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SB Score:551

This startup offers a diverse range of cryptocurrency payment solutions, streamlining transactions for businesses and individuals. Users can easily send, receive, and manage various digital currencies with secure and efficient technology.

Industry:
Fintech
Subindustry:
Financial Services

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SB Score:547

Montonio, a European PoS financing aggregator, uses open banking to streamline credit processes for better efficiency and transparency.

Industry:
Fintech
Subindustry:
Financial Services

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SB Score:542

Scoro is a business management platform helping professional service companies manage their work more efficiently. It combines project management, CRM, billing, and reporting – all in one place.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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SB Score:520

Wolf3D is a pioneering developer of a 3D printing and scanning platform designed for virtual reality and gaming. Their innovative technology enables users to create and customize realistic 3D avatars and objects, enhancing immersive experiences in digital environments.

Industry:
Social & Leisure
Subindustry:
Gaming

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SB Score:502

Bondora provides easy access to investing, offering a reliable net return without the usual complexities. Join now to enter the world of investing with simplicity and security.

Industry:
Fintech
Subindustry:
Financial Services

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SB Score:496

Lingvist uses advanced technology to help users learn languages efficiently through personalized exercises and data-driven insights. Master new languages with ease and precision.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

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11th

Klaus
SB Score:494

Klaus streamlines customer support team conversations with its review tool. Enhance communication efficiency and quality for large teams.

Industry:
Software & Data
Subindustry:
Software

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Total amount:879

Top 343 Software & Data Startups in Estonia for 2024

The top three Software & Data startups in Estonia have raised more than USD 238M. Estonia ranks #10 globally for the Software & Data industry.
SB Score:573

Testlio connects developers with top mobile testers to uncover every bug in their product. With realtime chat, integration into existing systems, and flexible testing schedules, Testlio streamlines the testing process. As industry leaders, Testlio provides a platform for testers to learn, grow, and earn competitive compensation.

Industry:
Software & Data
Subindustry:
SaaS

City Rank (Tallinn)

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Regional Rank (Eastern Europe)

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SB Score:542

Scoro is a business management platform helping professional service companies manage their work more efficiently. It combines project management, CRM, billing, and reporting – all in one place.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Tallinn)

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Regional Rank (Eastern Europe)

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SB Score:496

Lingvist uses advanced technology to help users learn languages efficiently through personalized exercises and data-driven insights. Master new languages with ease and precision.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Tallinn)

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Total amount:343

Top 22 Transportation Startups in Estonia for 2024

The top three Transportation startups in Estonia have raised more than USD 16.6M. Estonia ranks among the top 10 locations in the world for startups in Transportation, holding the 2nd position.
SB Score:430

Turnit is a travel technology company. The company provides mission-critical software technology and consultation to the passenger transport operators.

Industry:
Transportation
Subindustry:
Transportation-Other

City Rank (Tartu)

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SB Score:368

MyDello is a digital platform designed to enhance the efficiency and transparency of global freight forwarding. By streamlining processes and providing real-time insights, MyDello empowers businesses to navigate the complexities of international shipping with ease and confidence.

Industry:
Transportation
Subindustry:
Transportation-Other

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SB Score:345

CoModule is the universal data monitoring and visualisation platform for light electric vehicles.

Industry:
Transportation
Subindustry:
Transportation-Other

City Rank (Tallinn)

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Total amount:22

Top 185 Fintech Startups in Estonia for 2024

The top three Fintech startups in Estonia have raised more than USD 139M. Estonia ranks among the top 10 locations in the world for startups in Fintech, holding the 7th position.
SB Score:551

This startup offers a diverse range of cryptocurrency payment solutions, streamlining transactions for businesses and individuals. Users can easily send, receive, and manage various digital currencies with secure and efficient technology.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Tallinn)

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SB Score:547

Montonio, a European PoS financing aggregator, uses open banking to streamline credit processes for better efficiency and transparency.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Tallinn)

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Total amount:185

Most Funded Startups in Estonia for 2024

The top three most funded startups in Estonia have raised total funding of more than USD 453M. Starship Technologies has 0.57% more funding than Topia.
SB Score:452

Topia provides global mobility management solutions to move and manage talent, enabling them to work everywhere.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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SB Score:445

Elcogen produces cutting-edge fuel cells for a sustainable energy transition. Their high-performance technology paves the way for a cleaner future by providing efficient energy solutions.

Industry:
Energy & Environment
Subindustry:
Clean Energy

City Rank (Tallinn)

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Total amount:879

Top Hiring Startups in Estonia by Employee Number

The top three hiring startups in Estonia have an median employee size that is between [501-1000]
SB Score:264

Empower your presentations and mobile apps with a unified HTML5 standard. Streamline development and enhance user experience with a clear and engaging platform.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Tallinn)

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SB Score:249

Yolo Group revolutionizes gaming, fintech, blockchain, and beyond by delivering cutting-edge innovations. By seamlessly integrating advanced technologies, it empowers users to explore new possibilities and enhance their experiences in these dynamic industries.

Industry:
Edtech
Subindustry:
Education-Other

City Rank (Tallinn)

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SB Score:368

Coolbet is an innovative international gaming company that has developed its own sports betting platform.

Industry:
Social & Leisure
Subindustry:
Gaming

City Rank (Tallinn)

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Total amount:879

Explore the Startup Ecosystem of Estonia

Population

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1.3 Million

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Regional Rank

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1st

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Global Rank

(WorldWide)

12th

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