About startup landscape in Montenegro
Montenegro has over 1,304 startups across the country. Of these, 195 are funded companies that have collectively raised $199M in venture capital and private equity. A total of 112 investors have participated in 322 funding rounds, with 7 startups securing early-stage funding. In the last five years, 207 new companies have been founded, raising over $4M in funding. Startups in Montenegro have witnessed 15 acquisitions and 14 IPOs, while 351 startups wrapped up operations. Additionally, 26 companies have been founded by women.
Top Companies in Montenegro
Cake is the top company in Montenegro, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in Montenegro:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Platform focused on connecting global talent with job opportunities | 2016 | Series A | $5.9M | ||
Provider of software development services | Podgorica (Montenegro) | 2006 | Acquired | - | |
Provider of internet services | Podgorica (Montenegro) | 2007 | Unfunded | - | |
Provider of digital and physical payment channels for electricity bills | 1910 | Unfunded | - | ||
Commercial Bank | Podgorica (Montenegro) | 1905 | Funding Raised | - |
Recent Funding Rounds in Montenegro
In the year 2025, till February 2025, $28M has been raised in 1 equity
funding round across Montenegro.
Here are some recent, important funding rounds in Montenegro:Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 5245 | Feb 11, 2025 | ||
Seed | 1514 | 2024 | - | |
Series A | 3892 | Aug 23, 2023 | ||
Seed | 7117 | Dec 01, 2022 | - | |
Seed | 2008 | Aug 11, 2022 |
Want to know more about Startups in Montenegro ? Signup andd Explore Tracxn for free
- 1.3K+ Total Companies
- $199M+ Total Funding
- 190+ Funded Companies
- 10+ IPOs
- 10+ Acquisitions
Top Investors in Montenegro
Europa is the top investor in companies of Montenegro based on number of companies invested.
Here are some top investors in Montenegro:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Washington (United States) | ||
Dubai (United Arab Emirates) | ||
London (United Kingdom) | ||
Singapore (Singapore) |
Acquisitions in Montenegro
In the year 2025, till July 2025, 2 acquisitions happened in Montenegro.
Here are some recent, important acquisitions in Montenegro:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jul 10, 2025 | ||
Business Acquisition | Jun 16, 2025 | ||
Business Acquisition | Jan 25, 2023 | ||
Business Acquisition | Aug 19, 2022 | ||
Business Acquisition | Jun 12, 2022 |
Top News about startups in Montenegro
•
