202 Top startups in Iceland for January 2025

We rank Activity Stream, Dohop and Kara Connect in Iceland along with 199 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Iceland ranks #33 globally and #17 in Western Europe.

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Best Startups in Iceland for 2025

SB Score:466

Activity Stream transforms underutilized business data into real-time insights, improving organizational efficiency. By monitoring actions across systems, it provides a complete view of relevant activities, allowing for proactive decision-making. This Operational Intelligence Layer integrates seamlessly with existing IT infrastructure, offering a clear picture of opportunities and threats.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Reykjavik)

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SB Score:453

Dohop provides innovative interline technology solutions for airlines, alliances, and airports worldwide. Streamlining operations and enhancing connectivity, Dohop is the go-to choice for forward-looking aviation industry players.

Industry:
Social & Leisure
Subindustry:
Travel

City Rank (Reykjavik)

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SB Score:452

Kara Connect is a user-friendly telehealth platform that allows seamless communication between healthcare providers and patients. With secure video consultations, online appointment scheduling, and easy access to medical records, Kara Connect revolutionizes the way healthcare services are delivered.

Industry:
Healthtech
Subindustry:
Health-Other

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SB Score:449

Bokun offers travel businesses a user-friendly management software for booking and reselling services. Streamline your operations and increase efficiency with Bokun's innovative platform.

Industry:
Social & Leisure
Subindustry:
Travel

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SB Score:445

Quest Portal enables users to collaboratively craft and immerse themselves in fantastical stories. By creating unique characters, participants engage in rich role-playing experiences, bringing their imaginative tales to life within an interactive community.

Industry:
Social & Leisure
Subindustry:
Gaming

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SB Score:429

Sidekick is a versatile digital care platform for patients with chronic illnesses. It puts patients at the center, offering scalable support and tools for managing their health.

Industry:
Healthtech
Subindustry:
Health Care

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SB Score:417

Oculis is a cutting-edge pharmaceutical company specializing in developing eye medications and innovative drug delivery methods. Their focus is on advancing ophthalmic drugs to improve vision health.

Industry:
Healthtech
Subindustry:
Biotechnology

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SB Score:405

Travelshift aims to revolutionize the travel industry by linking travelers with genuine experiences in stunning locations. Their innovative marketplace software empowers smaller service providers to collaborate and thrive, ensuring a diverse range of authentic offerings for adventurous travelers seeking memorable journeys.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

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SB Score:398

Lucinity empowers financial services surveillance teams with a cloud solution that combines Human AI to uncover money laundering, streamline processes, and enhance regulatory compliance.

Industry:
Fintech
Subindustry:
Financial Services

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10th

Hopp
SB Score:396

Hopp offers a SaaS solution and e-scooter sharing franchise for local entrepreneurs, providing a convenient and eco-friendly micro mobility option. Join Hopp to start your own e-scooter sharing business and be part of the future of urban transportation.

Industry:
Software & Data
Subindustry:
SaaS

City Rank (Reykjavik)

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SB Score:386

This startup aims to create a transparent marketplace for blockchain data, ensuring its accuracy and scalability while prioritizing privacy and censorship resistance. By leveraging aligned token incentives and an open-source protocol for RPC nodes and APIs, it empowers users to access reliable blockchain data effortlessly.

Industry:
Ecommerce & Retail
Subindustry:
Marketplaces

City Rank (Reykjavik)

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Regional Rank (Western Europe)

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Total amount:202

Top 24 Healthtech Startups in Iceland for 2025

The top three Healthtech startups in Iceland have raised more than USD 210M. Iceland ranks among the top 10 locations in the world for startups in Healthtech, holding the 6th position.
SB Score:452

Kara Connect is a user-friendly telehealth platform that allows seamless communication between healthcare providers and patients. With secure video consultations, online appointment scheduling, and easy access to medical records, Kara Connect revolutionizes the way healthcare services are delivered.

Industry:
Healthtech
Subindustry:
Health-Other

City Rank (Reykjavik)

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Regional Rank (Western Europe)

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SB Score:429

Sidekick is a versatile digital care platform for patients with chronic illnesses. It puts patients at the center, offering scalable support and tools for managing their health.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Reykjavik)

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Regional Rank (Western Europe)

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SB Score:417

Oculis is a cutting-edge pharmaceutical company specializing in developing eye medications and innovative drug delivery methods. Their focus is on advancing ophthalmic drugs to improve vision health.

Industry:
Healthtech
Subindustry:
Biotechnology

City Rank (Reykjavik)

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Regional Rank (Western Europe)

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Total amount:24

Top 68 Software & Data Startups in Iceland for 2025

The top three Software & Data startups in Iceland have raised more than USD 63.1M. Iceland ranks #38 globally for the Software & Data industry.
SB Score:466

Activity Stream transforms underutilized business data into real-time insights, improving organizational efficiency. By monitoring actions across systems, it provides a complete view of relevant activities, allowing for proactive decision-making. This Operational Intelligence Layer integrates seamlessly with existing IT infrastructure, offering a clear picture of opportunities and threats.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Reykjavik)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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2nd

Hopp
SB Score:396

Hopp offers a SaaS solution and e-scooter sharing franchise for local entrepreneurs, providing a convenient and eco-friendly micro mobility option. Join Hopp to start your own e-scooter sharing business and be part of the future of urban transportation.

Industry:
Software & Data
Subindustry:
SaaS

City Rank (Reykjavik)

0

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Regional Rank (Western Europe)

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SB Score:381

Treble Technologies creates innovative wave-based sound simulation products for the architecture, engineering, and construction (AEC) industry. With unparalleled accuracy and an enhanced workflow, users can design immersive sound experiences that truly resonate, transforming how environments are perceived and experienced.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Reykjavik)

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Regional Rank (Western Europe)

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Total amount:68

Top 25 Social & Leisure Startups in Iceland for 2025

The top three Social & Leisure startups in Iceland have raised more than USD 39M. Iceland ranks #29 globally for the Social & Leisure industry.
SB Score:453

Dohop provides innovative interline technology solutions for airlines, alliances, and airports worldwide. Streamlining operations and enhancing connectivity, Dohop is the go-to choice for forward-looking aviation industry players.

Industry:
Social & Leisure
Subindustry:
Travel

City Rank (Reykjavik)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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SB Score:449

Bokun offers travel businesses a user-friendly management software for booking and reselling services. Streamline your operations and increase efficiency with Bokun's innovative platform.

Industry:
Social & Leisure
Subindustry:
Travel

City Rank (Reykjavik)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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SB Score:445

Quest Portal enables users to collaboratively craft and immerse themselves in fantastical stories. By creating unique characters, participants engage in rich role-playing experiences, bringing their imaginative tales to life within an interactive community.

Industry:
Social & Leisure
Subindustry:
Gaming

City Rank (Reykjavik)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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Total amount:25

Most Funded Startups in Iceland for 2025

The top three most funded startups in Iceland have raised total funding of more than USD 330M. Arctic Green Energy has 0.59% more funding than Oculis.
SB Score:346

A renewable energy startup dedicated to building emission-free cities. Our goal is to create sustainable urban environments powered entirely by renewable energy sources.

Industry:
Energy & Environment
Subindustry:
Energy

City Rank (Reykjavik)

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Regional Rank (Western Europe)

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SB Score:417

Oculis is a cutting-edge pharmaceutical company specializing in developing eye medications and innovative drug delivery methods. Their focus is on advancing ophthalmic drugs to improve vision health.

Industry:
Healthtech
Subindustry:
Biotechnology

City Rank (Reykjavik)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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SB Score:429

Sidekick is a versatile digital care platform for patients with chronic illnesses. It puts patients at the center, offering scalable support and tools for managing their health.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Reykjavik)

0

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Regional Rank (Western Europe)

0

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Total amount:202

Top Hiring Startups in Iceland by Employee Number

The top three hiring startups in Iceland have an median employee size that is between [251-500]
SB Score:429

Sidekick is a versatile digital care platform for patients with chronic illnesses. It puts patients at the center, offering scalable support and tools for managing their health.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Reykjavik)

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Regional Rank (Western Europe)

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SB Score:348

Iceland Dairies, a cooperative dairy manufacturer, produces high-quality dairy products. With a focus on sustainability, they offer a variety of delicious options for consumers.

Industry:
Foodtech
Subindustry:
Food and Beverage

City Rank (Reykjavik)

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SB Score:329

Sæplast creates innovative double insulated plastic containers for the food and recycling sectors worldwide. Their products provide a sustainable solution for preserving and transporting goods, ensuring quality and reducing environmental impact.

Industry:
Hardware & IoT
Subindustry:
Manufacturing

City Rank (Dalvik)

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Regional Rank (Western Europe)

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SB Score:320

Marorka offers cutting-edge energy management technology for ships, helping the maritime industry optimize fuel efficiency and reduce emissions. Their solutions are revolutionizing how vessels consume energy, leading to cost savings and environmental benefits.

Industry:
Energy & Environment
Subindustry:
Energy

City Rank (Reykjavik)

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Regional Rank (Western Europe)

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Total amount:202

Explore the Startup Ecosystem of Iceland

Population

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0.4 Million

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Regional Rank

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17th

1

Global Rank

(WorldWide)

33rd

1

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Top Cities for Startups in Iceland - Ranked by StartupBlink
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