203 Top startups in Iceland for April 2025

We rank Activity Stream, Dohop and Bokun in Iceland along with 200 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Iceland startup ecosystem ranks #33 globally and #17 in Western Europe.

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Best Startups in Iceland for 2025

SB Score:450

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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Regional Rank (Western Europe)

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SB Score:442

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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Regional Rank (Western Europe)

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SB Score:437

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)

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Regional Rank (Western Europe)

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SB Score:428

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)

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Regional Rank (Western Europe)

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SB Score:421

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:421

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

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SB Score:414

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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SB Score:408

Nox Medical, part of Nox Health, is a leading provider of sleep health technology worldwide. Their innovative products help improve sleep quality and overall well-being.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Reykjavik)

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SB Score:386

SagaNatura is an innovative Icelandic biotech startup specializing in natural products. Their dynamic approach sets them apart, offering cutting-edge solutions for a sustainable future. With a focus on bio-technology, SagaNatura is committed to creating high-quality, environmentally friendly products for a healthier world.

Industry:
Healthtech
Subindustry:
Biotechnology

City Rank (Hafnarfjordur)

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Regional Rank (Western Europe)

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10th

Hopp
SB Score:381

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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Regional Rank (Western Europe)

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SB Score:378

Indo Services is a cutting-edge neo-bank designed for mobile users. Offering advanced technology and a user-friendly interface, Indo Services provides seamless banking solutions on-the-go.

Industry:
Fintech
Subindustry:
Online Banking

City Rank (Reykjavik)

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Regional Rank (Western Europe)

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Total amount:203

Top 24 Healthtech Startups in Iceland for 2025

The top three Healthtech startups in Iceland have raised more than USD 278M. Iceland startup ecosystem ranks among the top 10 locations in the world for startups in Healthtech, holding the 6th position.
SB Score:421

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)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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SB Score:414

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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Global Rank (WorldWide)

0

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SB Score:408

Nox Medical, part of Nox Health, is a leading provider of sleep health technology worldwide. Their innovative products help improve sleep quality and overall well-being.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Reykjavik)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

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Total amount:24

Top 69 Software & Data Startups in Iceland for 2025

The top three Software & Data startups in Iceland have raised more than USD 81.5M. Iceland startup ecosystem ranks #38 globally for the Software & Data industry.
SB Score:450

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

View

Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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SB Score:421

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)

0

View

Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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3rd

Hopp
SB Score:381

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)

0

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Global Rank (WorldWide)

0

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Total amount:69

Top 25 Social & Leisure Startups in Iceland for 2025

The top three Social & Leisure startups in Iceland have raised more than USD 54.2M. Iceland startup ecosystem ranks #29 globally for the Social & Leisure industry.
SB Score:442

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:437

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:428

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 368M. Arctic Green Energy has 0.13% more funding than Oculis.
SB Score:335

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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Global Rank (WorldWide)

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SB Score:372

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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SB Score:414

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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Global Rank (WorldWide)

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Total amount:203

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:414

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:338

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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Regional Rank (Western Europe)

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SB Score:321

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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Global Rank (WorldWide)

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SB Score:288

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:203

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

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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