In Munich, many creative startups are changing different industries. This list shares the top 5 unicorns in Munich, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Munich a center of innovation. Learn about the amazing companies that call Munich home.
List of Top 5 Unicorns in Munich
1. Celonis
A German process mining software company that provides analytics for business operations and processes.
Company Details:
- Country: Germany
- Valuation: $11B
- Industry: Data management & analytics
- Founded Year: 2011
- Total Funding Raised: $1.368B
- Joined Unicorn Club: 6/26/2018
- Key Investors: Accel, 83North
- Total Investors: 13
- Total Funding Deals: 4
- Website: https://www.celonis.com/
2. Personio
A German human resources software company that provides an all-in-one HR management platform for small and medium-sized businesses.
Company Details:
- Country: Germany
- Valuation: $6.30B
- Industry: Internet software & services
- Founded Year: 2015
- Total Funding Raised: $524.83M
- Joined Unicorn Club: 1/19/2021
- Key Investors: Global Founders Capital, Nortzone Ventures, Picus Capital
- Total Investors: 17
- Total Funding Deals: 4
- Website: https://www.personio.com/
3. FlixMobility
A German mobility company that provides mobility solutions and services for individuals.
Company Details:
- Country: Germany
- Valuation: $3B
- Industry: Auto & transportation
- Founded Year: 2013
- Total Funding Raised: $1.211B
- Joined Unicorn Club: 7/18/2019
- Key Investors: Holtzbrinck Ventures, Unternehmertum Venture Capital, General Atlantic
- Total Investors: 16
- Total Funding Deals: 3
- Website: https://www.flixbus.com/
4. Scalable Capital
A German investment management company that provides investment management solutions and services for individuals and businesses.
Company Details:
- Country: Germany
- Valuation: $1.40B
- Industry: Fintech
- Founded Year: 2014
- Total Funding Raised: $314.28M
- Joined Unicorn Club: 6/8/2021
- Key Investors: BlackRock, Tengelmann Ventures, Holtzbrinck Ventures
- Total Investors: 10
- Total Funding Deals: 4
- Website: https://uk.scalable.capital/
5. Agile Robots
A German robotics company that provides intelligent robot solutions and services for businesses.
Company Details:
- Country: Germany
- Valuation: $1B
- Industry: Hardware
- Founded Year: 2018
- Total Funding Raised: $350M
- Joined Unicorn Club: 9/9/2021
- Key Investors: Hillhouse Capital Management, Sequoia Capital China, Linear Venture
- Total Investors: 14
- Total Funding Deals: 1
- Website: https://agile-robots.com/
Conclusion
In conclusion, the top 5 unicorns we’ve explored are just a glimpse into the many success stories that continue to emerge from Munich. As these companies reshape industries and set new standards, Munich is sure to secure its place as a global leader in innovation and growth.