Startup Landscape in Estonia

Estonia has over 49,996 startups across the country. Of these, 1.7K are funded companies that have collectively raised $7.68B in venture capital and private equity. The country is home to 3 unicorns. A total of 1,803 investors have participated in 2,459 funding rounds, with 68 startups securing early-stage funding and 15 raising late-stage funding. In the last five years, 2,565 new companies have been founded, raising over $141M in funding. Startups in Estonia have witnessed 217 acquisitions and 97 IPOs, while 2,906 startups wrapped up operations. Additionally, 512 companies have been founded by women.