Funded Startups in Estonia
Across the 50 most recent disclosed rounds shown, the largest disclosed amount is Sunly’s $68M on 2025-03-11.
Across the 50 most recent disclosed rounds shown, the largest disclosed amount is Sunly’s $68M on 2025-03-11. That figure dwarfs the next-largest disclosed amounts in the table (for example, BlackWall’s $49M on 2025-03-13 and Hoovi’s $9M on 2025-03-11), creating a clear top-end outlier above the rest of the disclosed range. The most recent round date is 2025-11-09 (Leil Storage, $2M), while the oldest row shown is 2024-06-10 (BaseTracK, amount undisclosed), so the coverage spans roughly 15 months.
The dataset also clusters in time: multiple large, well-dated entries stack in mid-March 2025, including Sunly ($68M, 2025-03-11), Hoovi ($9M, 2025-03-11), BlackWall ($49M, 2025-03-13), and Fleetbrains ($870K, 2025-03-18). Sector-wise, Financial Services appears repeatedly (e.g., PropShopTrader $620K on 2025-10-04; Fintellect $100K on 2025-05-15; Esgrid $1M on 2025-04-16; Inbank AS $11M on 2024-08-23). On stage visibility, 8 rounds are labeled “undisclosed” and 20 are “Series Unknown,” which is substantial relative to the fully disclosed set.
Most recent rounds
50 shownRelated listings
Frequently asked
What stands out on deal size, and is there a clear outlier among disclosed rounds?
The main size outlier is Sunly’s $68M on 2025-03-11; the next-largest disclosed rounds are BlackWall at $49M (2025-03-13) and Hoovi at $9M (2025-03-11), while most other disclosed amounts sit below that mid-teens range (e.g., Vok Bikes $6M on 2025-07-02, Inbank AS $11M on 2024-08-23).
Do the rounds cluster into a specific window, suggesting coordinated fundraising activity?
Yes. Mid-March 2025 is unusually dense, with three financially and AI-relevant entries on 2025-03-11–2025-03-13: Sunly $68M (2025-03-11), Hoovi $9M (2025-03-11), and BlackWall $49M (2025-03-13), followed by Fleetbrains $870K (2025-03-18).
Are any industries over-represented across these 50 rows?
Financial Services shows up frequently across different deal sizes and stages, including PropShopTrader ($620K, 2025-10-04), Fintellect ($100K, 2025-05-15), Esgrid ($1M, 2025-04-16), Hoovi ($9M, 2025-03-11), Enty ($760K, 2024-07-25), and Inbank AS ($11M, 2024-08-23).
How much of the list is hard to benchmark because of missing stage or disclosed amounts?
Stage labeling is often incomplete: 20 of the 50 rows are “Series Unknown,” and 8 rows use “undisclosed” for the funding amount (e.g., peoNova on 2025-09-18 and TradeLink.pro on 2025-06-10). This makes comparisons of “latest funding size by stage” less reliable than comparisons focused on specific named outliers (like Sunly $68M on 2025-03-11).
Which geographic pattern is visible from the city entries, and does it look concentrated?
The listings are concentrated in Tallinn-area locations, with many entries explicitly in Tallinn or Harjumaa (for example, Leil Storage in Tallinn on 2025-11-09 and Vok Bikes in Tallinn, Harjumaa on 2025-07-02). Other places like Tartu/Tartumaa appear less often but still recur (e.g., PropShopTrader in Tartu on 2025-10-04 and Better Medicine in Tartu on 2025-08-14).
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