Top Unicorns in Western Europe for 2024

In Western Europe, we rank 188 unicorns based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Unicorns in Western Europe are falling behind the performance of their global counterparts.

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Top Unicorns in Western Europe for 2024

SB Score:874

DeepL is a pioneering deep learning company based in Cologne, Germany, founded in 2009. It harnesses artificial intelligence and machine learning to enhance language translation services, including the bilingual dictionary Linguee and the advanced machine translation tool DeepL, providing users with accurate and efficient translation solutions.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Cologne)

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National Rank (Germany)

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Global Rank (WorldWide)

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SB Score:871

Klarna provides online payment solutions, known for its "buy now, pay later" service, allowing consumers to shop with flexibility and security.

Industry:
Fintech
Subindustry:
Payments

City Rank (Stockholm)

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National Rank (Sweden)

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SB Score:848

TradingView is a social network where traders and investors can analyze stock, futures, and forex markets. It offers user-friendly charts and financial tools for market analysis. Join the community to stay informed and connected with other traders.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (London)

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National Rank (United Kingdom)

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Global Rank (WorldWide)

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Total amount:185

Most Valuable Unicorns in Western Europe for 2024

The top three most valuable unicorns in Western Europe have raised total funding of more than USD 12.5KM. Among the top three funded unicorns, the most popular industry, based on total funding, is Energy & Environment.

SB Score:846

Revolut is a financial superapp that provides low-fee global spending, currency exchange, and financial services. Users can manage their money easily without the typical high banking fees.

Industry:
Fintech
Subindustry:
Online Banking

City Rank (London)

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National Rank (United Kingdom)

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SB Score:663

Celonis has one very simple goal: to analyze today’s processes to make tomorrow’s world more efficient. We are dedicated to pursuing this vision with passion and purposefulness. In our opinion, any company can achieve great things, regardless of its size, industry, or history. Celonis process mining is the new standard in Big Data Analytics designed to help companies around the world save valuable time and money through improved process transparency and efficiency. We hope you will join us on this journey.

Industry:
Software & Data
Subindustry:
Data Analytics

City Rank (Munich)

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National Rank (Germany)

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SB Score:179

Global Switch operates cutting-edge data centres in Europe and Asia-Pacific, providing secure and reliable infrastructure for businesses worldwide.

Industry:
Ecommerce & Retail
Subindustry:

City Rank (London)

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National Rank (United Kingdom)

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Global Rank (WorldWide)

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Total amount:185

Top Hiring Unicorns in Western Europe by Employee Number

The top three hiring unicorns in Western Europe have an average employee size that is smaller than to the global average. Among these, the Fintech industry features the unicorn with the largest workforce.

SB Score:269

Howden Group Holdings is a global insurance intermediary with broking and underwriting operations in Europe, Asia Pacific, the Middle East, the USA, and Latin America. Specializing in insurance services, they provide coverage and solutions for clients worldwide.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (London)

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National Rank (United Kingdom)

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Global Rank (WorldWide)

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SB Score:871

Klarna provides online payment solutions, known for its "buy now, pay later" service, allowing consumers to shop with flexibility and security.

Industry:
Fintech
Subindustry:
Payments

City Rank (Stockholm)

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National Rank (Sweden)

0

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Global Rank (WorldWide)

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SB Score:846

Revolut is a financial superapp that provides low-fee global spending, currency exchange, and financial services. Users can manage their money easily without the typical high banking fees.

Industry:
Fintech
Subindustry:
Online Banking

City Rank (London)

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National Rank (United Kingdom)

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Global Rank (WorldWide)

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SB Score:732

Picnic is a cost-effective online supermarket that delivers groceries to your doorstep for free. They utilize software and data-driven strategies to lead a grocery revolution, making shopping convenient and affordable for everyone.

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

City Rank (Amsterdam)

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National Rank (The Netherlands)

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Global Rank (WorldWide)

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Total amount:188

Explore the Startup Ecosystem of Western Europe

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Best Software & Data Startups in Western Europe for 2024

Western Europe startups in the Software & Data industry are overperforming their global industry peers. The top three Software & Data unicorns in Western Europe have raised more than USD 2.58B, an amount that is higher than the global industry average.

SB Score:874

DeepL is a pioneering deep learning company based in Cologne, Germany, founded in 2009. It harnesses artificial intelligence and machine learning to enhance language translation services, including the bilingual dictionary Linguee and the advanced machine translation tool DeepL, providing users with accurate and efficient translation solutions.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Cologne)

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National Rank (Germany)

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Global Rank (WorldWide)

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2nd

Odoo
SB Score:703

Odoo, an open-source suite of business applications, is supported by Odoo SA. It offers customizable programming and a global community for support. Join the network for integrated solutions and services.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Brussels)

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National Rank (Belgium)

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Global Rank (WorldWide)

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3rd

Mews
SB Score:700

Mews is a cloud-based system for hotels and hostels, enhancing operations and guest experiences. It simplifies management tasks and boosts efficiency, making it a must-have tool for hospitality businesses.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (London)

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National Rank (United Kingdom)

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Global Rank (WorldWide)

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Total amount:61

Best Countries for Startups
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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Global RankCountryTotal Score

Access subscores for 1000 cities and 100 countries

Quantity Score
Quality ScoreBusiness Score
1st
0
United States
215.001
00.00
00.00
00.00
2nd
0
United Kingdom
55.995
00.00
00.00
00.00
3rd
0
Israel
51.557
00.00
00.00
00.00
4th
0
Canada
38.254
00.00
00.00
00.00
5th
+
1
Singapore
37.736
00.00
00.00
00.00
6th
-
1
Sweden
27.024
00.00
00.00
00.00
7th
0
Germany
25.830
00.00
00.00
00.00
8th
0
France
24.894
00.00
00.00
00.00
9th
+
1
The Netherlands
24.462
00.00
00.00
00.00
10th
+
1
Switzerland
24.081
00.00
00.00
00.00
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