StartupBlink

184 Top startups in Reykjavik for October 2026

We rank Bokun, Activity Stream and Quest Portal in Reykjavik along with 181 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Reykjavik startup ecosystem ranks #180 globally and #1 in Iceland.

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Best Startups in Reykjavik for 2026

1st
Bokun logo
BokunSB Score: 437

Bókun provides travel businesses with management software to assist with bookings and reselling services. Its features are booking solutions, online marketplace, online payments, channel management, packaging and add-ons, and price management. Customers of the company are AVIS, arctic adventures, CARRental, BEARFOOT NORTH, Firefly, and Iceland Travel. Bókun is an Iceland-based company that was founded in 2012 by Hjalti Baldursson, and Ólafur Gauti Guðmundsson.

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Website
bokun.io
Employee range
11 – 50
Web Traffic (Monthly)
—
Funding amount
$344.9K
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—
2nd
Activity Stream logo
Activity StreamSB Score: 429

Activity Stream makes your organization better and more efficient by turning underutilized business data into actionable intelligence and insights - in real time. It does so by observing the actions and activity taking place across your organization's business systems to construct a complete, synthesized, picture of everything happening with business relevance. With this complete view and full context Activity Stream can recognize patterns, opportunities and threats as they present themselves. It then provides right-time Intelligence to appropriate stakeholders so that these observations can be proactively dealt with or taken advantage of. Activity Stream is an Operational Intelligence Layer that can be implemented unobtrusively on top of current IT infrastructure, without having to rip-and-replace any of your existing systems.

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Website
www.activitystream.com
Employee range
11 – 50
Web Traffic (Monthly)
—
Funding amount
$24.3M
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—
3rd
Quest Portal logo
Quest PortalSB Score: 408

Quest Portal makes role-play and tell fantastical stories together by means of crafting and creates characters.

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Website
www.questportal.com
Employee range
11 – 50
Web Traffic (Monthly)
—
Funding amount
$13.6M
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—
4th
Dohop logo
DohopSB Score: 402

Dohop is an award-winning technology provider founded in Iceland, focused on developing innovative solutions in the field of aviation and travel. Its core technology is about creating connecting journeys based on scheduled transport. Being at the forefront of digital innovation in the field of interline and intermodal technology, Dohop has developed solutions for forward-thinking airlines and alliances around the world, including easyJet, Transavia, Air France, Avianca, Jetstar, and SkyTeam.

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Website
www.dohop.com
Employee range
51 – 100
Web Traffic (Monthly)
—
Funding amount
$8M
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—
5th
Sidekick Health logo
Sidekick HealthSB Score: 400

Sidekick is a patient-centric digital care platform that is scalable across a wide range of chronic illnesses. Sidekick makes healthcare more impactful, accessible, and efficient by developing and delivering digital health products that empower patients and digitize healthcare. The Sidekick platform combines an evidence-based clinical approach with behavioral economics and gamification. Sidekick's platform approach transforms healthcare experiences, with one platform that integrates multi-chronic condition management and personalized care experiences. Sidekick partners with international pharmaceutical companies, payers and healthcare providers, helping them to put the people they serve first.

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Website
sidekickhealth.com
Employee range
101 – 250
Web Traffic (Monthly)
—
Funding amount
$85.9M
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—
6th
Rexby logo
RexbySB Score: 388

Rexby works with travel content creators to provide a service and capture more of the immense value they are creating for the tourism industry.

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Website
rexby.com
Employee range
1 – 10
Web Traffic (Monthly)
—
Funding amount
$2.4M
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—
7th
Kara Connect logo
Kara ConnectSB Score: 387

The leading well-being service that enables your employees have direct and timely access to high quality coaching, counselling and therapy services in line with their specific requirements.

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Website
karaconnect.com
Employee range
11 – 50
Web Traffic (Monthly)
—
Funding amount
$9.7M
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—
8th
Hopp logo
HoppSB Score: 384

Worldreader believes that readers build a better world. A nonprofit with a low-cost, high-tech approach, Worldreader combines 21st-century technology, culturally-relevant digital books, and supportive programming to improve learning outcomes, workforce readiness, and gender equity in vulnerable communities around the world. Since 2010, Worldreader and its partners have distributed over 58 million digital books to more than 17 million children and young adults across six regions (United States, East Africa, West Africa, Latin America, MENA, and South Asia). Worldreader is always looking for partners to reach millions more.

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Website
hopp.bike
Employee range
51 – 100
Web Traffic (Monthly)
—
Funding amount
—
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—
9th
Lucinity logo
LucinitySB Score: 383

Lucinity is a leading SaaS AI company that is at the forefront of driving innovation in the field of financial crime compliance. With its expertise and innovative approach, Lucinity is transforming the industry. The company's unwavering commitment to delivering exceptional user experiences is evident in its platform, which provides unparalleled insights through augmented intelligence and generative AI. By leveraging cutting-edge technologies, Lucinity sets new standards to reduce review times, enhance insights, and optimize operational efficiency. Trusted by industry leaders, Lucinity empowers institutions to ensure regulatory adherence, drive operational excellence, and effectively mitigate risks. More about Lucinity at www.lucinity.com.

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Website
lucinity.com
Employee range
51 – 100
Web Traffic (Monthly)
—
Funding amount
$25.1M
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—
10th
Treble logo
TrebleSB Score: 381

Treble Technologies develops cutting-edge wave-based sound simulation products for the AEC industry. It specializes in sound simulation and design platforms to create visually accurate and realistic virtual acoustics. Its acoustics design software helps to reduce risk and ensure quality designs that fulfill all regulation and certification requirements and helps to save time on importing or exporting and reconfiguring models. Their services are utilized in various sectors such as the automotive industry, building design, immersive reality, and artificial intelligence.

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Website
treble.tech
Employee range
11 – 50
Web Traffic (Monthly)
—
Funding amount
$22.3M
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—
11th
Arctic Green Energy logo
Arctic Green EnergySB Score: 380

Arctic Green Energy's founding mission was to export the Icelandic success and leadership in geothermal and other renewables to the emerging markets of Asia through building up local companies. Arctic Green Energy is a proud member of the Icelandic Geothermal Cluster and the United Nations Global Compact. Their vision of building a leading profitable green energy companies is based on their core values of a cleaner and healthier world, sustainability and social responsibility.

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Website
arcticgreencorp.com
Employee range
11 – 50
Web Traffic (Monthly)
—
Funding amount
$150M
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—

Total amount:117

Most Funded Startups in Reykjavik for 2026

The top three most funded startups in Reykjavik have raised total funding of more than USD 330M. Arctic Green Energy has 0.59% more funding than Oculis.
1st
Arctic Green Energy logo
Arctic Green EnergySB Score: 380

Arctic Green Energy's founding mission was to export the Icelandic success and leadership in geothermal and other renewables to the emerging markets of Asia through building up local companies. Arctic Green Energy is a proud member of the Icelandic Geothermal Cluster and the United Nations Global Compact. Their vision of building a leading profitable green energy companies is based on their core values of a cleaner and healthier world, sustainability and social responsibility.

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Website
arcticgreencorp.com
Employee range
11 – 50
Web Traffic (Monthly)
—
Funding amount
$150M
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—
2nd
Oculis logo
OculisSB Score: 358

The Oculis drug delivery platform consists of a novel technique to facilitate drug absorption to both anterior and posterior parts of the eye. The advantage is a drug delivery system where diseases of the posterior part of the eye can be treated with a simple topical application. The Oculis drug delivery platform allows diseases such as DME (diabetic macular edema) at the posterior part of the eye to be treated with a non-invasive topical application. Furthermore, the technique has been demonstrated to allow diseases at the anterior part of the eye to be treated with a reduced number of topical applications compared to conventional eye-drops.

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Website
www.oculis.com
Employee range
11 – 50
Web Traffic (Monthly)
—
Funding amount
$94.4M
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—
3rd
Sidekick Health logo
Sidekick HealthSB Score: 400

Sidekick is a patient-centric digital care platform that is scalable across a wide range of chronic illnesses. Sidekick makes healthcare more impactful, accessible, and efficient by developing and delivering digital health products that empower patients and digitize healthcare. The Sidekick platform combines an evidence-based clinical approach with behavioral economics and gamification. Sidekick's platform approach transforms healthcare experiences, with one platform that integrates multi-chronic condition management and personalized care experiences. Sidekick partners with international pharmaceutical companies, payers and healthcare providers, helping them to put the people they serve first.

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Website
sidekickhealth.com
Employee range
101 – 250
Web Traffic (Monthly)
—
Funding amount
$85.9M
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—

Total amount:117

Top Hiring Startups in Reykjavik by Employee Number

The top three hiring startups in Reykjavik have an median employee size that is between [251-500]
1st
Iceland Dairies logo
Iceland DairiesSB Score: 331

MS Iceland Dairies (Mjólkursamsalan) is a cooperative organization that includes family-run dairy farms and other milk producers. The cooperative produces and distributes a wide variety of dairy products, including milk, skyr (traditional Icelandic yogurt), cheese, butter, and various flavored dairy products. Skyr, in particular, is a notable Icelandic specialty that has gained popularity worldwide.

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Website
ms.is
Employee range
251 – 500
Web Traffic (Monthly)
—
Funding amount
$105.1K
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—
2nd
Marorka logo
MarorkaSB Score: 281

Marorka is the leading provider of energy management technology for the shipping industry. In order to improve maritime fleet performance, you need to have an effective plan and a well-defined strategy. Reliable data provides insight for energy saving solutions that drive continuous improvements. Their approach has been developed over many years, as they worked with leading companies in the maritime shipping industry. Their team of experts is at your disposal to guide you through all the stages required to realize tangible savings from ship energy management.

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Website
www.marorka.com
Employee range
251 – 500
Web Traffic (Monthly)
—
Funding amount
$1.8M
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—
3rd
Seafood IQ logo
Seafood IQSB Score: 225

Seafood IQ is an Icelandic, award-winning Seafood-tech venture that was founded in 2015. They are seafood veterans and P.h.D level technologists that believe, by turning the complex into simple with smart technologies they can create the tools needed to increase trust, comfort, and profit within the seafood value chain. Their team is developing the worlds’ only data platform that combines IoT/RFID, Blockchain, and artificial intelligence to create a new level of trust based on unified digital identities, real-time temperature monitoring and cryptographed background information of every box of fish that is manufactured, transported and then sold into the marketplace.

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Website
seafoodiq.com
Employee range
251 – 500
Web Traffic (Monthly)
—
Funding amount
$85.7K
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—
4th
Sidekick Health logo
Sidekick HealthSB Score: 400

Sidekick is a patient-centric digital care platform that is scalable across a wide range of chronic illnesses. Sidekick makes healthcare more impactful, accessible, and efficient by developing and delivering digital health products that empower patients and digitize healthcare. The Sidekick platform combines an evidence-based clinical approach with behavioral economics and gamification. Sidekick's platform approach transforms healthcare experiences, with one platform that integrates multi-chronic condition management and personalized care experiences. Sidekick partners with international pharmaceutical companies, payers and healthcare providers, helping them to put the people they serve first.

View Full Page
Website
sidekickhealth.com
Employee range
101 – 250
Web Traffic (Monthly)
—
Funding amount
$85.9M
National Rank(Iceland)
—
Regional Rank(Western Europe)
—
Global Rank(Worldwide)
—

Total amount:184

Explore the Startup Ecosystem of Reykjavik

National Rank

(Iceland)

1st

new

Regional Rank

(Western Europe)

40th

7

Global Rank

(WorldWide)

180th

39

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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.
2026 National Rank CityGlobal RankTotal Score & National ShareAnnual GrowthQuantity ScoreQuality ScoreBusiness Score
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