Estonia, a nation with a rich history of innovation and entrepreneurship, has witnessed an incredible surge in the number of unicorns – privately held start-up companies valued at over $1 billion – in recent years. With the rapid growth of the Estonia economy and the rise of disruptive technologies, these 2 unicorn companies have become the driving force behind the nation’s rise as a global powerhouse.
So without any delay, let’s get started and discover the world of Estonia’s unicorn companies!
List of 2 Unicorns in Estonia
1. Bolt
Bolt is a company from Estonia that helps people move around. They offer ride services, bike and scooter rentals, and car-sharing. They also have an app called Bolt Food for ordering food and groceries.
Company Details:
- Valuation: $8.40B
- Investors Name: Didi Chuxing, Diamler, TMT Investments
- City: Tallinn
- Industry: Auto & transportation
- Total Funding Raised: $1.971B
- Founded Year: 2013
- Joined Unicorn Club: 5/29/2018
- Total Investors:
- Total Deal Terms: 5
- Website: https://bolt.eu/
2. Veriff
An Estonian identity verification company that provides identity verification solutions and services for businesses.
Company Details:
- Valuation: $1.50B
- Investors Name: Accel, Institutional Venture Partners, Tiger Global Management
- City: Tallinn
- Industry: Artificial intelligence
- Total Funding Raised: $192.32M
- Founded Year: 2015
- Joined Unicorn Club: 1/26/2022
- Total Investors:
- Total Deal Terms: 2
- Website: https://www.veriff.com/
Conclusion
In conclusion, Estonia’s top 2 unicorns showcase the nation’s innovative power and economic growth. These companies are making a global impact and reshaping industries. Keep an eye on these trailblazers, as they continue to redefine success in the ever-evolving world of innovation.