Funded Financial Services Startups in Estonia
Among the 35 Estonia financial-services startups shown, the largest disclosed round is Veriff’s $100M Series C on 2022-01-26, which dwarfs the rest of the…
Among the 35 Estonia financial-services startups shown, the largest disclosed round is Veriff’s $100M Series C on 2022-01-26, which dwarfs the rest of the disclosed amounts (the next-largest disclosed entries are Hoovi at $9M on 2025-03-11 and Inbank AS at $11M on 2024-08-23, followed by Tuum’s $27M on 2024-02-06). At the other edge, the smallest disclosed amount is Skyrex’s $20K Pre-Seed on 2024-06-01, far below the $70K floor-like cluster that includes Scramble ($70K on 2022-10-01) and multiple <$200K rounds.
The geography is tightly concentrated: all but a few rows list Tallinn/Tallin variants (e.g., Tallinn/Harjumaa appears for Cino on 2025-03-04, Tuum on 2024-02-06, and Veriff on 2022-01-26), with the same Harjumaa label recurring across Seed and Pre-Seed deals. Temporally, disclosed rounds span from EvoEstate ($100K on 2020-07-28) up to Summus Capital’s most recent row dated 2026-06-01, and the dataset has frequent “Series Unknown” classifications alongside undisclosed amounts (Summus Capital 2026-06-01 and Lusfera 2026-03-08), suggesting many deals are opaque even when dates are recent.
Most recent rounds
35 shownRelated listings
Frequently asked
What is the largest disclosed funding round in this Estonia financial-services list, and how isolated is it?
Veriff’s $100M Series C on 2022-01-26 is the largest disclosed amount and sits well above the rest; even the next tier of disclosed rounds (Tuum at $27M on 2024-02-06, Inbank AS at $11M on 2024-08-23, and Hoovi at $9M on 2025-03-11) does not approach the $100M level.
Are Tallinn/Tallin (and Harjumaa) over-represented geographically, or is this broadly distributed across Estonia?
The concentration is strong: most entries use Tallinn/Harjumaa (for example Hoovi on 2025-03-11, Tuum on 2024-02-06, and Veriff on 2022-01-26), and Harjumaa appears repeatedly even when the city field varies slightly (Tallin vs Tallinn). Non-Tallinn variants are comparatively sparse, such as Skyrex listing “Harju, Hiiumaa” on 2024-06-01 and Lusfera listing Rapla on 2026-03-08.
Which parts of the timeline are most active among the most recent rounds shown?
The listing includes deals dated from 2020-07-28 (EvoEstate) through 2026-06-01 (Summus Capital). Within that window, multiple rounds cluster in 2022 (e.g., Veriff on 2022-01-26 for $100M and Minterest on 2022-02-14 for $6M) and 2024 (e.g., Tuum on 2024-02-06 for $27M, AutoLayer on 2024-04-02 for $3M, and Inbank AS on 2024-08-23 for $11M), indicating several bursts rather than a smooth cadence.
How opaque is the stage/amount labeling compared with disclosed amounts and named stages?
“Undisclosed” appears on at least Summus Capital (2026-06-01) and Lusfera (2026-03-08), while “Series Unknown” recurs across multiple rows such as Summus Capital (2026-06-01), Hoovi (2025-03-11), and Capitual (2023-02-06 for $16M). Several rows also have blank stage fields (e.g., Lyfery on 2024-03-05 with undisclosed amount, and Modularbank on 2020-12-09 with $4M), so neither stage nor amount transparency is consistent even in the same calendar periods.
Is there a meaningful small-round outlier, or does the lower end form a cluster?
Skyrex’s $20K on 2024-06-01 is the smallest disclosed amount in the rows. Below the $1M range there are additional small disclosed deals (e.g., Scramble at $70K on 2022-10-01 and Cyphergram at $100K on 2022-03-30), so the lower bound behaves like a cluster of micro-rounds rather than a single isolated datapoint.
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.