Top Unicorn Startups in Western Europe for 2025

In Western Europe, we rank 187 unicorn startups 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 Unicorn Startups in Western Europe for 2025

SB Score:906

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:886

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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SB Score:877

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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Total amount:187

Best Software & Data Startups in Western Europe for 2025

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 2.52B, an amount that is higher than the global industry average.
SB Score:886

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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2nd

Odoo
SB Score:728

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

Snyk
SB Score:711

Snyk empowers the world’s developers to build secure applications and equip security teams to meet the demands of the digital world. Its developer-first approach ensures organizations can secure all of the critical components of their applications from code to cloud, increase developer productivity, revenue growth, customer satisfaction, cost savings, and an overall improved security posture. Snyk’s Developer Security Platform automatically integrates with a developer’s workflow and is purpose-built for security teams to collaborate with their development teams. Snyk is used by 1,200 customers worldwide today, including industry leaders such as Asurion, Google, Intuit, MongoDB, New Relic, Revolut, and Salesforce. Snyk is recognized on the Forbes Cloud 100 2021.

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:62

Most Valuable Unicorns in Western Europe for 2025

The top three most valuable unicorns in Western Europe have raised total funding of more than USD 62.3T. Among the top three funded unicorns, the most popular industry, based on total funding, is Hardware & IoT.
SB Score:573

Copado is the DevOps platform enabling the world's largest digital transformations on Salesforce. Copado accelerates digital transformation projects by automating the release process, increasing developer productivity, and maximizing return on cloud investments. Copado DevOps 360™ includes Value Planning, Continuous Delivery, Automated Testing, and Compliance.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Madrid)

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National Rank (Spain)

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Global Rank (WorldWide)

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SB Score:877

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:685

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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Global Rank (WorldWide)

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SB Score:182

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

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (London)

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National Rank (United Kingdom)

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SB Score:815

Checkout.com offers secure online payment solutions for businesses, empowering them to seamlessly process digital transactions while safeguarding against fraud. Their advanced technology optimizes payment operations, providing a streamlined and efficient experience for both merchants and customers.

Industry:
Fintech
Subindustry:
Payments

City Rank (London)

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National Rank (United Kingdom)

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SB Score:635

Talkdesk offers an enterprise contact center platform that allows companies to make the customer experience a competitive advantage. With its performance and consumer-like ease of use, Talkdesk easily adapts to the evolving needs of sales and support teams and their end customers, resulting in increased customer satisfaction, productivity, and cost savings. Over 1,400 innovative enterprises around the world, including IBM, Acxiom, and Zumiez rely on Talkdesk to power their customer interactions. The San Francisco, California-based company was formed by Cristina Fonseca and Tiago Paiva in 2011.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Lisbon)

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National Rank (Portugal)

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Global Rank (WorldWide)

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7th

N26
SB Score:782

N26 provides innovative mobile banking services to customers in the EU through its subsidiary. Experience seamless banking on the go with N26's user-friendly app and top-notch security features. Join the digital banking revolution today!

Industry:
Fintech
Subindustry:
Payments

City Rank (Berlin)

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National Rank (Germany)

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Global Rank (WorldWide)

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SB Score:692

Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy. It provides electrification and renewable energy storage designed for lithium-ion battery plants to produce batteries for electric vehicles. Northvolt's product is an environment-friendly battery manufactured with a minimal carbon footprint and with recycling technology without compromising important ecosystems, enabling the auto industry to replace fossil fuels with electricity in an efficient manner. The company aims to establish a supply of sustainable battery cells and systems.

Industry:
Energy & Environment
Subindustry:
Energy

City Rank (Stockholm)

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National Rank (Sweden)

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Global Rank (WorldWide)

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SB Score:632

Rapyd's Fintech-as-a-Service platform seamlessly integrates local fintech and payment solutions into applications for global scalability.

Industry:
Fintech
Subindustry:
Marketplaces

City Rank (London)

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National Rank (United Kingdom)

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Global Rank (WorldWide)

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10th

SumUp
SB Score:608

SumUp is a fintech company helping businesses easily accept card payments in-store or on-the-go.

Industry:
Fintech
Subindustry:
Payments

City Rank (London)

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National Rank (United Kingdom)

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Global Rank (WorldWide)

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Total amount:187

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:267

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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SB Score:906

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)

0

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National Rank (Sweden)

0

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Global Rank (WorldWide)

0

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SB Score:877

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)

0

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National Rank (United Kingdom)

0

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Global Rank (WorldWide)

0

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SB Score:755

Ovo supplies clean energy to help lower carbon emissions. Their mission is to make sustainable energy more accessible and affordable for everyone.

Industry:
Energy & Environment
Subindustry:
Sustainability

City Rank (Bristol)

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National Rank (United Kingdom)

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Global Rank (WorldWide)

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Total amount:187

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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