Top startups in Europe
There are 3,115,575 startups in Europe which include SumUp, Monzo, Blockchain, Qonto, Factorial. Out of these, 209,558 startups are funded, with 12,877 having secured Series A+ funding, and 330 achieving unicorn status. Telecom Operators ($149B) and Oil & Gas Upstream ($91.3B) are the top-funded sectors in Europe, with over 7,488 companies, including Shell and Vodafone. London (12,685), Paris (4,828), and Berlin (3,129) are the top cities by number of startups hosted. In the last five years, 34,984 companies raised over $635B in funding across 49,074 rounds. RobCo is the latest startup to join the Unicorn Club from Europe. The number of companies founded have declined by 7.0%, from 39,217 companies in 2024 to 36,462 companies in 2025.
Here is the list of top startups in Europe
1. SumUp
Provider of card payment terminals and point of sale systems. These hardware and software tools facilitate transaction processing for merchants. The offerings include mobile card readers, self-service kiosks, and digital invoicing capabilities. Merchants utilize these tools to accept contactless payments and manage financial records. The system integrates with mobile applications to support business operations and order processing.
Key facts about SumUp
- Founded Year: 2012
- Location: Wilmington (United States)
- Stage: Series E
- Total Funding till date: $997M
- Investors: Bain Capital, Life.SREDA and 52 Others
- Latest Funding Round: Conventional Debt, May 19, 2025, $*****
- Tracxn Score: 84/100 What is this?
- Competitors Rank: 1 of 686 Competitors
2. Monzo
Provider of digital banking services including savings accounts and loans. This entity offers personal and business current accounts, credit products, and investment options. Customers manage finances through a mobile application that includes tools for budgeting, spending insights, and automated savings features. The service facilitates payments, transfers, and the management of pension funds. Security measures include card controls, biometric authentication, and transaction notifications. Additional offerings include insurance products and credit cards for personal use.
Key facts about Monzo
- Founded Year: 2015
- Location: United Kingdom
- Stage: Series I
- Total Funding till date: $2.37B
- Investors: Passion Capital, General Catalyst and 67 Others
- Latest Funding Round: Series I, Mar 20, 2025, $*****
- Tracxn Score: 84/100 What is this?
- Competitors Rank: 2 of 3,202 Competitors
3. Blockchain
App-based platform for exchange and trading solutions for cryptocurrency. It enables users to buy, sell, swap, hold, earn, and trade crypto. It also has a wallet where users can buy, sell, and swap cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Stellar, and ALGO. It also allows users to transfer cryptocurrencies to interest accounts where users can earn interest. It is available on iOS and Android devices.
Key facts about Blockchain
- Founded Year: 2011
- Location: London (United Kingdom)
- Stage: Series E
- Total Funding till date: $700M
- Investors: Lightspeed Venture Partners, Lakestar and 29 Others
- Latest Funding Round: Series E, Nov 14, 2023, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 2 of 5,209 Competitors
4. Qonto
Provider of business account, payment cards, and financial management solutions. The company offers tools for customer and supplier invoicing, team expense management, and accounting and bookkeeping. It provides integrations to boost productivity, along with resources such as a resource hub, blog, and finance glossary. The company also provides payment terminals and payment links.
Key facts about Qonto
- Founded Year: 2017
- Location: Paris (France)
- Stage: Series D
- Total Funding till date: $717M
- Investors: Alven, Valar Ventures and 27 Others
- Latest Funding Round: Series D, Apr 21, 2022, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 1 of 48 Competitors
5. Factorial
Provider of business management software for human resources and finance. The software automates repetitive tasks related to time management, talent acquisition, and payroll. It offers tools for employee performance tracking, onboarding, and training. The platform provides features for expense management, project oversight, and electronic signatures.
Key facts about Factorial
- Founded Year: 2016
- Location: Barcelona (Spain)
- Stage: Series D
- Total Funding till date: $369M
- Investors: Atomico, Tiger Global Management and 11 Others
- Latest Funding Round: Series D, Jun 03, 2026, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 2 of 3,390 Competitors
