Top startups in Singapore
There are 49,978 startups in Singapore which include Traveloka, Carousell, Funding Societies, Airwallex, Trax. Out of these, 6,074 startups are funded, with 745 having secured Series A+ funding, and 36 achieving unicorn status. Solar Energy ($17.8B) and Data Center Infrastructure ($16.3B) are the top-funded sectors in Singapore, with over 227 companies, including EdgeConneX and Cleantech Solar. In the last five years, 1,306 companies raised over $42.1B in funding across 1,765 rounds. Supabase is the latest startup to join the Unicorn Club from Singapore. The number of companies founded have declined by 69.9%, from 1,121 companies in 2024 to 337 companies in 2025.
Here is the list of top startups in Singapore
1. Traveloka
Online retailer of worldwide flights, hotels, activities, and travel deals. It provides a platform for booking accommodations, transportation, and various activities. The platform offers options for flights, hotel stays, car rentals, and airport transfers. It also features travel articles and information.
Key facts about Traveloka
2. Carousell
Online marketplace platform offering multi-category second-hand products. The product catalog includes fashion, stationery, gadgets, home appliances, furniture, food supplies, pet supplies, sports equipment, and more. It also provides job, home services, lifestyle services, and more. The application is available on both iOS and Android platforms.
Key facts about Carousell
Digital platform providing financing solutions for small businesses. It offers various financing options, including micro loans, term loans, and invoice financing. It aims to provide accessible and reliable financing to support business growth. The platform also facilitates debt investments for individual and institutional investors.
Key facts about Funding Societies
- Founded Year: 2015
- Location: Singapore (Singapore)
- Stage: Series D
- Total Funding till date: $242M
- Investors: Cgcdigital, Samsung Venture Investment and 53 Others
- Latest Funding Round: Series D, Mar 20, 2025, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 1 of 133 Competitors
4. Airwallex
Provider of multi-currency business accounts, global payments, and spend management. The company offers solutions for business accounts, global transfers, corporate cards, and expense management. It provides APIs and embedded finance options, including programmatic account creation, multi-currency account management, and global payment acceptance. The company also offers tools for invoicing, subscription management, and usage-based billing.
Key facts about Airwallex
- Founded Year: 2015
- Location: San Francisco (United States)
- Stage: Series G
- Total Funding till date: $1.58B
- Investors: Lone Pine Capital, Tencent and 41 Others
- Latest Funding Round: Series G, Dec 08, 2025, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 4 of 2,298 Competitors
5. Trax
Cloud-based data analytics solutions for retail shelf management. The platform offers signal based merchandising data and analytics solutions to manage product placement and inventory. It generates reports to manage performance and support the decision making process. It offers AI powered solutions to execute, measure, and manage retail strategies. Features include merchandising, in-store execution, shopper engagement, market measurement, analytics and shelf monitoring solutions, workforce management, inventory optimization, and more.
Key facts about Trax
- Founded Year: 2010
- Location: Singapore (Singapore)
- Stage: Series E
- Total Funding till date: $1.03B
- Investors: BlackRock, Hopu Investments and 32 Others
- Latest Funding Round: Venture Debt, Nov 08, 2023, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 1 of 436 Competitors
