Startup Landscape in Estonia

Estonia has over 51,042 startups across the country. Of these, 1.73K are funded companies that have collectively raised $8.17B in venture capital and private equity. The country is home to 3 unicorns. A total of 1,885 investors have participated in 2,527 funding rounds, with 69 startups securing early-stage funding and 16 raising late-stage funding. In the last five years, 2,945 new companies have been founded, raising over $141M in funding. Startups in Estonia have witnessed 229 acquisitions and 117 IPOs, while 2,907 startups wrapped up operations. Additionally, 514 companies have been founded by women.