Startup Landscape in Estonia

Estonia has over 50,344 startups across the country. Of these, 1.71K are funded companies that have collectively raised $7.76B in venture capital and private equity. The country is home to 3 unicorns. A total of 1,869 investors have participated in 2,498 funding rounds, with 68 startups securing early-stage funding and 15 raising late-stage funding. In the last five years, 2,635 new companies have been founded, raising over $145M in funding. Startups in Estonia have witnessed 226 acquisitions and 109 IPOs, while 2,906 startups wrapped up operations. Additionally, 513 companies have been founded by women.