FundedIQ tracks 218 funded startups in Estonia, with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Estonia, along with the 100 most recently funded startups in the country.
Startups in Estonia closed 74 funding rounds over the last 24 months, 33 of them in the last 12 months, and raised $1.7B in disclosed capital. The median disclosed round is $1.9M, with the middle half of rounds falling between $745K and $10M. Financial Services, Artificial Intelligence and Commerce and Shopping hold the most companies by sector. Tallinn and Tartu hold the deepest concentrations of funded startups in the country.
Financial Services and Artificial Intelligence dominate this region, creating a heavy concentration in fintech. Tallinn remains the primary center for activity. Because early stage labels prevail, filtering by seed or pre-seed status identifies the core of the pipeline. Energy and Commerce and Shopping provide secondary niches for those seeking diversification beyond the primary tech clusters.
Estonia funded startup statistics
Funded startups in Estonia
218
tracked in the database
Funding rounds, last 12 months
33
74 over 24 months
Disclosed capital raised, 24 months
$1.7B
47 of 74 rounds disclosed an amount
Median round size
$1.9M
middle half $745K to $10M
Most recent funding round on record: Jul 2026.
100 most recently funded startups in Estonia
100 of 218
Ordered by the date of the latest funding round. Each row gives the company, its
location and industry, what it does, the stage and date of that round, and the disclosed
amount.
Startups in Estonia closed 74 funding rounds over the last 24 months, 33 of them in the last 12, adding up to $1.7B in disclosed capital.
Round sizes
The median disclosed round is $1.9M, with the middle half running from $745K to $10M. 47 of 74 rounds disclosed an amount.
Sectors
Financial Services, Artificial Intelligence and Commerce and Shopping hold the most companies, led by Financial Services at 35. The most common headcount band across the segment is 11-50.
Industries with the most funded startups in Estonia
Sector counts across all 218 tracked companies in Estonia. A company assigned more than one industry is counted in each.
A further 34 rounds in this period were announced without a stage label and are not ranked above.
About the FundedIQ Estonia startup funding data
FundedIQ tracks announced startup funding rounds and organises them by company, funding
date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and
new rounds are normalised and de-duplicated before they are published, so the same round
reported twice on different dates is recorded once.
Figures on this page cover the 218 funded startups in Estonia currently tracked.
Round counts, capital totals and the median round are computed over a trailing 24 months.
Rounds whose amount was not disclosed (27 of 74 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded startups in Estonia is dated Jul 2026.
The table above shows the 100 most recently funded companies. Full funding histories,
investor lists and founder contacts across the whole dataset open on a FundedIQ plan.
Frequently asked questions
How many funded startups are there in Estonia?
FundedIQ tracks 218 funded startups in Estonia. This page lists the 100 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.
How much funding have startups in Estonia raised?
Startups in Estonia tracked by FundedIQ have raised $1.7B in disclosed capital across 74 funding rounds over the last 24 months, including 33 rounds in the last 12 months. 47 of those 74 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.
What industries have the most funded startups in Estonia?
Financial Services has the most, with 35 companies, followed by Artificial Intelligence (25), Commerce and Shopping (16) and Information Technology (16). Sector counts include every company assigned that industry, and a company can carry more than one.
Which cities have the most funded startups in Estonia?
Tallinn leads with 185 companies, then Tartu (19), Harju (5) and Harku (2).
What is a typical funding round size for startups in Estonia?
The median disclosed round over the last 24 months is $1.9M, and the middle half of rounds fall between $745K and $10M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.
What is the most common funding stage for startups in Estonia?
Seed is the most common labelled stage, with 20 rounds in the last 24 months, ahead of Pre-Seed (13) and Series A (4). A further 34 rounds were announced without a stage label and are not counted here.
How often is the Estonia startup funding data updated?
The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded startups in Estonia is dated Jul 2026. Counts and totals on this page are recomputed on every refresh.