Germany, 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 Germany economy and the rise of disruptive technologies, these 29 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 Germany’s unicorn companies!
List of 29 Unicorns in Germany
1. Celonis
A German process mining software company that provides analytics for business operations and processes.
Company Details:
- Valuation: $11B
- Investors Name: Accel, 83North
- City: Munich
- Industry: Data management & analytics
- Total Funding Raised: $1.368B
- Founded Year: 2011
- Joined Unicorn Club: 6/26/2018
- Total Investors:
- Total Deal Terms: 4
- Website: https://www.celonis.com/
2. N26
A German online bank that provides mobile banking services, including international money transfers and investment options.
Company Details:
- Valuation: $9.23B
- Investors Name: Redalpine Venture Partners, Earlybird Venture Capital, Valar Ventures
- City: Berlin
- Industry: Fintech
- Total Funding Raised: $1.722B
- Founded Year: 2013
- Joined Unicorn Club: 1/10/2019
- Total Investors:
- Total Deal Terms: 7
- Website: https://n26.com/
3. Personio
A German human resources software company that provides an all-in-one HR management platform for small and medium-sized businesses.
Company Details:
- Valuation: $6.30B
- Investors Name: Global Founders Capital, Nortzone Ventures, Picus Capital
- City: Munich
- Industry: Internet software & services
- Total Funding Raised: $524.83M
- Founded Year: 2015
- Joined Unicorn Club: 1/19/2021
- Total Investors:
- Total Deal Terms: 4
- Website: https://www.personio.com/
4. Trade Republic
A German mobile investment platform that provides commission-free trading for stocks, ETFs, and derivatives.
Company Details:
- Valuation: $5.30B
- Investors Name: Founders Fund. Accel, Creandum
- City: Berlin
- Industry: Fintech
- Total Funding Raised: $986.88M
- Founded Year: 2015
- Joined Unicorn Club: 5/20/2021
- Total Investors:
- Total Deal Terms: 1
- Website: https://traderepublic.com/
5. Otto Bock HealthCare
A German healthcare technology company that provides prosthetic and orthotic solutions and services for individuals.
Company Details:
- Valuation: $3.52B
- Investors Name: EQT Partners
- City: Duderstadt
- Industry: Health
- Total Funding Raised: $815.49M
- Founded Year: 1919
- Joined Unicorn Club: 6/24/2017
- Total Investors:
- Total Deal Terms: 1
- Website: https://www.ottobock.com/
6. Gorillas
A German grocery delivery platform that provides grocery delivery solutions and services for customers.
Company Details:
- Valuation: $3.10B
- Investors Name: Coatue Management, Atlantic Food Labs, DST Global
- City: Berlin
- Industry: E-commerce & direct-to-consumer
- Total Funding Raised: $1.335B
- Founded Year: 2020
- Joined Unicorn Club: 3/25/2021
- Total Investors:
- Total Deal Terms: 2
- Website: https://gorillas.io/
7. Contentful
A German content management platform that provides content management solutions and services for businesses.
Company Details:
- Valuation: $3B
- Investors Name: Balderton Capital, General Catalyst, Tiger Global Management
- City: Berlin
- Industry: Internet software & services
- Total Funding Raised: $331M
- Founded Year: 2013
- Joined Unicorn Club: 7/28/2021
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.contentful.com/
8. FlixMobility
A German mobility company that provides mobility solutions and services for individuals.
Company Details:
- Valuation: $3B
- Investors Name: Holtzbrinck Ventures, Unternehmertum Venture Capital, General Atlantic
- City: Munich
- Industry: Auto & transportation
- Total Funding Raised: $1.211B
- Founded Year: 2013
- Joined Unicorn Club: 7/18/2019
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.flixbus.com/
9. Flink
A German food delivery company that provides food delivery solutions and services for individuals.
Company Details:
- Valuation: $2.85B
- Investors Name: Mubadala Capital, Bond, Prosus Ventures
- City: Berlin
- Industry: E-commerce & direct-to-consumer
- Total Funding Raised: $1.042B
- Founded Year: 2021
- Joined Unicorn Club: 12/1/2021
- Total Investors:
- Total Deal Terms: 1
- Website: https://www.flink.de/
10. NuCom Group
A German e-commerce investment company that provides investment solutions and services for e-commerce businesses.
Company Details:
- Valuation: $2.20B
- Investors Name: General Atlantic
- City: Unterfoehring
- Industry: Other
- Total Funding Raised: –
- Founded Year: 2016
- Joined Unicorn Club: 2/22/2018
- Total Investors:
- Total Deal Terms: 1
- Website: https://www.nucom.group/
11. Tier
A German e-scooter company that provides e-scooter solutions and services for individuals.
Company Details:
- Valuation: $2B
- Investors Name: Northzone Ventures, White Star Capital, Novator Partners
- City: Berlin
- Industry: Travel
- Total Funding Raised: $667.38M
- Founded Year: 2018
- Joined Unicorn Club: 10/25/2021
- Total Investors:
- Total Deal Terms: 2
- Website: https://www.tier.app/
12. Volocopter
A German aviation company that provides air taxi solutions and services for individuals.
Company Details:
- Valuation: $1.87 B
- Investors Name: btov Partners, Geely, Intel Capital
- City: Bruchsal
- Industry: Auto & transportation
- Total Funding Raised: –
- Founded Year: 2011
- Joined Unicorn Club: 3/4/2022
- Total Investors:
- Total Deal Terms: –
- Website: https://www.volocopter.com/
13. solarisBank
A German banking-as-a-service company that provides banking solutions and services for businesses.
Company Details:
- Valuation: $1.65B
- Investors Name: Yabeo Capital, SBI Investment, Vulcan Capital
- City: Berlin
- Industry: Fintech
- Total Funding Raised: $402.46M
- Founded Year: 2016
- Joined Unicorn Club: 7/13/2021
- Total Investors:
- Total Deal Terms: 5
- Website: https://www.solarisbank.com/
14. wefox
A German insurtech company that provides insurance solutions and services for individuals.
Company Details:
- Valuation: $1.65B
- Investors Name: Salesforce Ventures, Seedcamp, OMERS Ventures
- City: Berlin
- Industry: Fintech
- Total Funding Raised: $924.31M
- Founded Year: 2014
- Joined Unicorn Club: 3/5/2019
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.wefox.com/
15. Scalable Capital
A German investment management company that provides investment management solutions and services for individuals and businesses.
Company Details:
- Valuation: $1.40B
- Investors Name: BlackRock, Tengelmann Ventures, Holtzbrinck Ventures
- City: Munich
- Industry: Fintech
- Total Funding Raised: $314.28M
- Founded Year: 2014
- Joined Unicorn Club: 6/8/2021
- Total Investors:
- Total Deal Terms: 4
- Website: https://uk.scalable.capital/
16. Choco
A German food procurement platform that provides digital solutions for restaurants and suppliers.
Company Details:
- Valuation: $1.20 B
- Investors Name: Bessemer Venture Partners, G Squared, Insight Partners
- City: Berlin
- Industry: E-commerce & direct-to-consumer
- Total Funding Raised: –
- Founded Year: 2018
- Joined Unicorn Club: 4/12/2022
- Total Investors:
- Total Deal Terms: –
- Website: https://choco.com/
17. Forto
A German freight forwarder that provides logistics solutions and services for businesses.
Company Details:
- Valuation: $1.20B
- Investors Name: Cherry Ventures, Northzone Ventures, Global Founders Capital
- City: Berlin
- Industry: Supply chain, logistics, & delivery
- Total Funding Raised: $615.83M
- Founded Year: 2016
- Joined Unicorn Club: 6/21/2021
- Total Investors:
- Total Deal Terms: 3
- Website: https://forto.com/
18. Staffbase
A German employee communication and engagement platform that provides solutions for businesses.
Company Details:
- Valuation: $1.10 B
- Investors Name: Insight Partners, e.ventures, General Atlantic
- City: Chemnitz
- Industry: Internet software & services
- Total Funding Raised: –
- Founded Year: 2014
- Joined Unicorn Club: 3/15/2022
- Total Investors:
- Total Deal Terms: –
- Website: https://staffbase.com/
19. Enpal
A German energy company that provides solar energy solutions and services for individuals and homes.
Company Details:
- Valuation: $1.10B
- Investors Name: HV Capital, Softbank Group, BlackRock
- City: Berlin
- Industry: Internet software & services
- Total Funding Raised: $750.37M
- Founded Year: 2017
- Joined Unicorn Club: 10/18/2021
- Total Investors:
- Total Deal Terms: 2
- Website: https://enpal.de/
20. Sennder
A German logistics platform that provides digital solutions for shippers and carriers.
Company Details:
- Valuation: $1.10B
- Investors Name: Accelm Scania Growth Capital, Lakestar
- City: Berlin
- Industry: Supply chain, logistics, & delivery
- Total Funding Raised: $310.02M
- Founded Year: 2015
- Joined Unicorn Club: 1/14/2021
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.sennder.com/
21. GetYourGuide
A German travel platform that provides booking solutions and services for travelers.
Company Details:
- Valuation: $1.10B
- Investors Name: Spark Capital, Highland Europe, Sunstone Capital
- City: Berlin
- Industry: Travel
- Total Funding Raised: $884.79M
- Founded Year: 2009
- Joined Unicorn Club: 5/16/2019
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.getyourguide.com/
22. Taxfix
A German tax software company that provides tax solutions and services for individuals.
Company Details:
- Valuation: $1.00 B
- Investors Name: Valar Ventures, Index Ventures, Creandum
- City: Berlin
- Industry: Fintech
- Total Funding Raised: –
- Founded Year: 2016
- Joined Unicorn Club: 4/28/2022
- Total Investors:
- Total Deal Terms: –
- Website: https://taxfix.de/
23. Grover
A German tech subscription company that provides subscription solutions and services for individuals.
Company Details:
- Valuation: $1.00 B
- Investors Name: Varengold Bank, Circularity Capital, Coparion
- City: Berlin
- Industry: E-commerce & direct-to-consumer
- Total Funding Raised: –
- Founded Year: 2015
- Joined Unicorn Club: 4/7/2022
- Total Investors:
- Total Deal Terms: –
- Website: https://www.grover.com/
24. InFarm
A German urban farming company that provides farming solutions and services for businesses.
Company Details:
- Valuation: $1B
- Investors Name: Atomico, Hanaco Venture Capital, TriplePoint Capital
- City: Berlin
- Industry: Other
- Total Funding Raised: $601.59M
- Founded Year: 2013
- Joined Unicorn Club: 12/16/2021
- Total Investors:
- Total Deal Terms: 2
- Website: https://www.infarm.com/
25. SellerX
A German Amazon FBA aggregator that provides acquisition and growth solutions for Amazon businesses.
Company Details:
- Valuation: $1B
- Investors Name: Cherry Ventures, Felix Capital, 83North
- City: Berlin
- Industry: E-commerce & direct-to-consumer
- Total Funding Raised: $766.7M
- Founded Year: 2020
- Joined Unicorn Club: 12/9/2021
- Total Investors:
- Total Deal Terms: 1
- Website: https://www.sellerx.com/
26. Razor
A UK-based fintech company that provides open banking solutions and services for businesses.
Company Details:
- Valuation: $1B
- Investors Name: Global Founders Capital, 468 Capital, Redalpine Venture Partners
- City: Berlin
- Industry: Consumer & retail
- Total Funding Raised: $558.71M
- Founded Year: 2020
- Joined Unicorn Club: 11/8/2021
- Total Investors:
- Total Deal Terms: 2
- Website: https://www.razorpay.com/
27. Agile Robots
A German robotics company that provides intelligent robot solutions and services for businesses.
Company Details:
- Valuation: $1B
- Investors Name: Hillhouse Capital Management, Sequoia Capital China, Linear Venture
- City: Munich
- Industry: Hardware
- Total Funding Raised: $350M
- Founded Year: 2018
- Joined Unicorn Club: 9/9/2021
- Total Investors:
- Total Deal Terms: 1
- Website: https://agile-robots.com/
28. Berlin Brands Group
A German e-commerce company that acquires and scales Amazon brands.
Company Details:
- Valuation: $1B
- Investors Name: Ardian, Bain Capital
- City: Berlin
- Industry: E-commerce & direct-to-consumer
- Total Funding Raised: $938.71M
- Founded Year: 2005
- Joined Unicorn Club: 9/1/2021
- Total Investors:
- Total Deal Terms: 1
- Website: https://www.berlinbrandsgroup.com/
29. Omio
A German travel platform that provides booking solutions and services for travelers.
Company Details:
- Valuation: $1B
- Investors Name: Lakestar, Battery Ventures, New Enterprise Associates
- City: Berlin
- Industry: Travel
- Total Funding Raised: $396M
- Founded Year: 2013
- Joined Unicorn Club: 10/23/2018
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.omio.com/
Conclusion
In conclusion, Germany’s top 29 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.