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Estonian Startups Funding, Exits and Failures database 2006-2025
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Community based crowdsourced database - curated & access by martin@bolt.eu - click comment to request Edit Access
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YearTotal raised capital (EUR )Capital from Estonia (EUR)Capital EE vs ForeignNo of DealsChange YoYAvg Deal SizeTOP30 Startups by FundingFunding StatusHQEUR
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20065,690,0005,690,000100.0%51,138,0001Bolt.euFEE€1,772,970,000
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20073,958,0003,078,00077.8%4-30.4%989,5002WiseIPOUK€339,400,000
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20087,304,8314,804,83165.8%1084.6%730,4833SkeletonTech.comE1EE€305,900,000
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20094,315,0003,565,00082.6%8-40.9%539,3754StarshipBUS€283,970,000
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201018,530,6014,290,60123.2%11329.4%1,684,6005Zego.comCUK€171,810,766
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20119,271,9003,873,00141.8%22-50.0%421,4506Monese.comCUK€121,687,449
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201223,630,0493,109,50013.2%30154.9%787,6687Veriff.meCUS€119,520,000
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201332,036,7766,427,40020.1%4635.6%696,4528ElcogenEE€101,500,000
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201469,202,0336,239,0009.0%46116.0%1,504,3929Glia.comDUS€97,535,394
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2015103,339,49610,374,00010.0%3949.3%2,649,73110PactumBUS€97,540,000
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2016106,094,04514,415,20113.6%482.7%2,210,29311Pipedrive.comEXITUS€8,060,000
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2017288,811,7604,652,8501.6%48172.2%6,016,91212Ready Player Me (Wolf3D)BEE€68,213,000
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2018325,613,09012,877,2004.0%4212.7%7,752,69313Funderbeam.comBUK€56,934,723
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2019266,464,29026,640,85210.0%77-18.2%3,460,57514KatanaBEE€49,795,000
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2020468,824,70631,260,9236.67%7575.9%6,250,99615Tuum (Modularbank)AEE€45,000,000
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20211,000,229,52764,263,6536.42%128113.3%7,814,29316EuroraCh.7 / AEE€40,206,000
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20221,387,586,09297,833,7007.05%11538.7%12,065,966173CommasBEE€39,540,000
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2023460,513,36648,906,26710.62%94-66.8%4,899,07818LightyearAEE€33,460,100
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2024359,426,57480,966,35922.53%80-22.0%4,492,83219Realeyes.comBUK€29,205,000
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2025320,294,250102,452,00031.99%86-10.9%3,724,35220Zeroturnaround.comEXITUS€29,000,000
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202662,550,0003,000,0004.80%5-80.5%12,510,00021BinalyzeAEE€27,960,550
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Total5,261,136,386535,720,33810.2%1,0145,188,49722NFTPortAEE€24,800,000
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23Planet42Ch.7 / AEE€24,600,000
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24JobbaticalAEE€21,269,319
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Estonia has 10 unicorns 🦄25AdCash.comAEE€20,000,000
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Unicorn with Estonian founder(s), headquarter
or significant part of R&D based in Estonia.
26Scoro.comBUK€19,884,815
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CompanyFoundedUnicorn27KlausAEE€18,533,658
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1Skype.com2003200528TestlioBEE€16,693,166
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2Playtech.com1999200529Fits.meEXITUK€15,420,000
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3Wise.com2010201530RangeForceEXITUS€15,034,000
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4Bolt20132018
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5Pipedrive.com20102020
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6Zego.com20162021
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7ID.me20102021For dynamic version of this list, check "Top amount (pivot)" sheet
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8Gelato.com20062021
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9Veriff20152022
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10Glia20122022
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Estonian startups & ecosystem:
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startupestonia.ee/startups
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Estonian Founders Society
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InvestinEstonia.com/start
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Active VCs in the Baltics
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Similar Funding data from countries:
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🇱🇻 Latviahttps://docs.google.com/spreadsheets/d/1xG0N-Ou0B5QfXMPzzw8tmUHzIpLAq_d1Yc41_G33qXo/edit#gid=0
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🇱🇹 Lithuaniahttps://goo.gl/I9kbae
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🇨🇿 Czechiahttps://docs.google.com/spreadsheets/d/1a3WYqCNA3PnQ9Gx2UbSigO-jipNxR0BmaGkHCdwHYXg/edit?usp=sharing
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🇸🇰 Slovakiahttps://docs.google.com/spreadsheets/d/1RnKVFB0eMROboGXJQkBcRYt5flELmmN2PrKmQqmvS0c/edit?usp=sharing
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