Startup Landscape in Estonia

Estonia has over 48,143 startups across the country. Of these, 1.53K are funded companies that have collectively raised $7.32B in venture capital and private equity. The country is home to 3 unicorns. A total of 1,732 investors have participated in 2,062 funding rounds, with 65 startups securing early-stage funding and 14 raising late-stage funding. In the last five years, 3,831 new companies have been founded, raising over $230M in funding. Startups in Estonia have witnessed 199 acquisitions and 41 IPOs, while 1,110 startups wrapped up operations. Additionally, 511 companies have been founded by women.