A unicorn is a startup marked at USD 1 Billion or more. These are highly innovative and market disruptive startups. Lithuania has more than 8K+ startups. Of these, 3 have become Unicorns, with the latest entrant to the club being Oxylabs on Jul 09, 2026. In 2026, Lithuania has seen 1 new unicorn startup (as of 12 October).
Globally, Lithuania is number 36 in terms of total Unicorns created, behind Denmark (3 unicorns) at rank 35 and Cayman Islands (3 unicorns) at rank 34. Vilnius leads the list of cities in Lithuania with most unicorns at 3. Among sectors, Enterprise Applications has seen the most unicorns created at 2, followed by Enterprise Infrastructure at 2, and Consumer at 1
Here is a list of all 3 unicorns created in Lithuania:
3. Oxylabs
Oxylabs joined the Unicorn Club on Jul 09, 2026 after raising a $***** Series D funding round.
Oxylabs provides SEO based web data extraction solutions. It allows users to do market research, manages real data, and protects data and brand perception. It enables users to manage travel fare aggregation, and extract data based on keywords and search volume, and ranking. It also provides a real time crawler to retrieve operations to improve e-commerce websites. They also provide web proxy solution
Key facts about Oxylabs
- Founded Year: 2015
- Location: Vilnius (Lithuania)
- Stage: Series D
- Primary Sector: Web Scraping Software and Cybersecurity
- Time to Unicorn: 11 years 6 months
- Top investors : Warburg Pincus
- Total Funding till date: $130M
- Employee Count: 491 as on Aug 31, 2026
- Latest Funding Round: Series D, Jul 09, 2026, $*****
Nord Security joined the Unicorn Club on Apr 07, 2022 after raising a $***** Series C funding round led by Novator Partners, valuing it at $*****.
Cloud based cybersecurity suite solutions provider. The products offered by the company include NordVPN, NordPass, NordLocker, NordWL. The features of the product include secure online access, website blocking and unblocking, access to geo-restricted websites, password management, secure cloud storage, data encryption, secure file sharing, automatic backup, e-mail support, remote access controls, etc.
Key facts about Nord Security
- Founded Year: 2012
- Location: Vilnius (Lithuania)
- Stage: Series C
- Primary Sector: Cybersecurity
- Time to Unicorn: 10 years 3 months
- Top investors : Novator, Novator Partners
- Valuation: $*****
- Total Funding till date: $200M
- Employee Count: 2,010 as on Aug 31, 2026
- Latest Funding Round: Series C, Sep 28, 2023, $*****
1. Vinted
Vinted joined the Unicorn Club on Nov 27, 2019 after raising a $***** Series E funding round led by Lightspeed Venture Partners, valuing it at $*****.
Online retailer of clothing, shoes, and accessories for women, men, and kids. It provides a platform for buying and selling pre-owned fashion items. The platform offers a catalog with various categories, including designer items, home goods, electronics, entertainment, and hobbies. It facilitates transactions between individuals for secondhand goods.
Key facts about Vinted
- Founded Year: 2008
- Location: Vilnius (Lithuania)
- Stage: Series F
- Primary Sector: Fashion Tech and Horizontal E-Commerce
- Time to Unicorn: 11 years 10 months
- Top investors : Baillie Gifford, EQT
- Annual Revenue: ₹10 - ₹50 Cr as on Dec 31, 2020
- Valuation: $*****
- Total Funding till date: $872M
- Employee Count: 4,595 as on Sep 30, 2026
- Latest Funding Round: Series F, 2026, $*****
