30 Hottest Startups In Denmark!

30 Hottest Startups In Denmark That You Should Know About!

  

Denmark has been experiencing a phenomenal growth in their startups ecosystem. The presence of foreign entrepreneurs in Denmark creates economic growth, employment, and global startup network connections. Talented entrepreneurs reinvent industries, create jobs, and increase the competitiveness of Denmark, already one of the more agile economies in Europe.

 


 

The country’s unique culture & flexible lifestyle makes Denmark; more specifically it’s capital Copenhagen, a perfect place for entrepreneurs to start a business. And with the current growth, no doubt “Copenhagen” is going to be one of the largest startup hub in Europe.

 

Even though the Danish startup ecosystem is relatively small compared to the UK, Germany or France or even Sweden. But Denmark has produced some amazing startups since 2010.

  

Here Are The 30 Startups In Denmark That You Should Know:

  

1. Tradeshift:

A global business-to-business platform that helps companies run more efficiently, using cloud-based technology to improve processes like invoicing, workflow and supplier financing. Tradeshift brings all companies, big and small, together to transact, connect and collaborate with each other.

Year Founded: 2010

Total Funding: $182M in 6 funding rounds (as of Jan 30, 2017)
Valuation: $600M, on Jun 9, 2016
Acquisitions: Acquired IBX Business Network, Merchantry & Hyper Travel to date.


Lead Investors: Data Collective, Notion, ru-Net, Kite Ventures, PayPal, Wipro Ventures & Scentan Ventures

  

2. Trustpilot:

An online community that enables individuals to review and discover companies. Trustpilot is currently boasting 21 million consumer reviews of 135,000 businesses, It produces a TrustScore for businesses based on recent reviews. Every day, more than 20,000 consumers sign up on Trustpilot.com and every 4 seconds a new review is posted on the community.

Year Founded: 2007

Total Funding: $143.8M in 7 funding rounds (as of Sep 29, 2017)
Valuation: Unknown
Acquisition: None


Lead Investors: Index Ventures, Silicon Valley Bank, Seed Capital, Draper Esprit & Vitruvian Partners

  

3. Falcon.io:

A provider of a SaaS platform that allows marketing departments to create, launch and measure social media campaigns in real time. Falcon.io enables it’s clients to explore the full potential of digital marketing by managing multiple customer touchpoints from one platform.

Date Founded: Dec 1, 2010

Total Funding: $40.7M in 4 funding rounds (as of Feb 15, 2017)
Valuation: Unknown
Acquisition: None


Lead Investors: Cipio Partners, Prime Ventures & Target Partners

  

4. Vivino:

Vivino is an online wine community, database and mobile application where users can buy, rate and review wines. It’s 20 million users contribute ratings for millions of wines from around the globe, and collectively, this database makes up the largest wine library in the world.

Year Founded: 2010

Total Funding: $36.3M in 4 funding rounds (as of Jan 12, 2016)
Valuation: Unknown
Acquisition: None


Lead Investors: SCP Neptune International & Balderton Capital

  

5. Siteimprove:

Siteimprove is a multinational Software-as-a-Service company that creates cloud-based tools and services for website governance. The company helps 1000’s of organizations enrich their websites everyday with insightful and intuitive web services. It’s Internet-based tools are specialized in the fields of web analytics, internal site search, content quality assurance, website monitoring, and search engine optimization.

Year Founded: 2003

Total Funding: $55M in 1 funding round (as of Dec 22, 2015)
Valuation: $247M, in Jan 4, 2016
Acquisition: None


Lead Investors: Summit Partners

  

6. Blackwood Seven:

A digital marketing firm focusing on predictive analytics for businesses. Blackwood Seven brings artificial intelligence to media analytics and planning. With an innovative proprietary media platform, calculating each client’s “media effect formula”, which allows attribution of all channels – online such as search, YouTube and Facebook as well as offline such as TV, print and OOH.

Year Founded: 2013

Total Funding: $23.5M in 4 funding rounds (as of Aug 30, 2016)
Valuation: Unknown
Acquisition: Acquired Booming on Jun 4, 2015.


Lead Investors: Jolt Capital

  

7. Omada:

Omada is a market-leading provider of solutions and services for identity management and access governance enabling organizations to achieve compliance, reduce risk exposure, and maximize efficiency. It empowers enterprises to manage identities across heterogeneous IT-systems and is acclaimed for its business-centric approach and high adaptability.

Year Founded: 1999

Total Funding: $22.5M in 2 funding rounds (as of May 12, 2015)
Valuation: Unknown
Acquisition: None


Lead Investors: Rock Health, C5 Capital, BMW Group, Maersk, Altria, ECCO & HVB Unicredit

  

8. ViaBill:

A payment solution provider that allows the users to pay the full amount or pay in installments. They can also try before they buy. ViaBill A / S has been part of online retail since 2009 and is currently available on more than 2000 webshops, including Saxo.com, Stylepit.dk, Matas.dk, Coolshop.dk, WhiteAway.com and many other exciting online stores.

Year Founded: 2009

Total Funding: $39.1M in 2 funding rounds (as of Oct 2, 2017)
Valuation: $249.80M, on Oct 2, 2017
Acquisition: None


Lead Investors: Northcap

  

9. First Agenda:

FirstAgenda is a Denish software company. It’s digital meeting tools make preparing for, holding and following-up on meetings easy and efficient.

Year Founded: 2015

Total Funding: $18M in 1 funding round (as of Jan 11, 2018)
Valuation: Unknown
Acquisition: None


Lead Investors: The Danish Growth Fund

  

10. LogPoint:

LogPoint A/S operates a security information and event management platform for finance, healthcare, defense and aerospace, government, utilities and energy, and telecom and ISP businesses around the globe. The company delivers the most flexible and easy to use platform for collecting, analyzing, and monitoring your machine data.

Year Founded: 2001

Total Funding: $10M in 2 funding rounds
Valuation: Unknown
Acquisition: None


Lead Investors: Evolution Equity Partners & DICO

  

11. Tonsser:

A Social network and utility app for youth soccer players who use Tonsser every week to keep track of their stats, improve their player rating, be inspired on how to improve and engage with their community. Tonsser offers a vertical social network aimed at youth soccer players who want to build their own online profile and potentially get discovered by a bigger club, continues to grow at a clip, both in terms of signups but also the influence it wants to have on the beautiful game.

Year Founded: 2013

Total Funding: $5.3M in 2 funding rounds (as of Jul 6, 2017)
Valuation: Unknown
Acquisition: None


Lead Investors: Wellington Partners

  

12. Coinify ApS:

Coinify.com is platform that offers blockchain currency trading and payment processing services: individuals can buy and sell blockchain currencies; and merchants can accept blockchain payments in 15 currencies and receive payouts in fiat.

Year Founded: 2014

Total Funding: $10.1M in 3 funding rounds (as of Dec 22, 2017)
Valuation: Unknown
Acquisition: Acquired Coinzone on Aug 12, 2015


Lead Investors: Nordic Eye & SEB Venture Capital

  

13. Planday:

An employee scheduling software that gives managers the tools and functionalities they require to better manage their employees. Planday bring down staff costs by 5%, reduce administration time by 75% and increase employee satisfaction by 20%. It is used by different sized companies in a variety of industries such as Restaurants, Hotels, Retailers, Call Centres, Fitness clubs, etc.

Year Founded: 2004

Total Funding: $17.8M in 3 funding rounds (as of Jun 21, 2017)
Last Funding Type: Series B
Acquisition: None


Lead Investors: Idinvest Partners & Creandum

  

14. Templafy:

Templafy is an IT company that has developed a software which helps the branding, compliance and IT teams in large enterprises to govern and optimize the way employees create documents, presentations and emails in Microsoft Office and Office 365 applications, making best-practice company content accessible right where employees work.

Year Founded: 2013

Total Funding: $21.4M in 3 funding rounds (as of Feb 13, 2018)
Last Funding Type: Series B, on Feb 13, 2018
Acquisition: None


Lead Investors: Insight Venture Partners, Dawn Capital, Preben Damgaard, Sunstone Capital & Seed Capital

  

15. Labster:

Labster is an internationally focused company dedicated to the development of pioneering online tools for teaching science globally. Their primary product is an easily scalable online platform for teaching biotechnology that has been demonstrated to improve learning significantly over standard methods as well as substantially reduce costs.

Year Founded: 2011

Total Funding: $13.7M in 2 funding rounds (as of Sep 6, 2017)
Last funding type: Series A
Acquisition: None


Lead Investors: Balderton Capital & Innovation Fund Denmark

  

16. RFRSH:

RFRSH Entertainment is an e-sports marketing and media rights company working with a growing number of the best esports teams – established organisations as well as a new crop of player-owned teams. It represents and runs strategic and commercial operations for some of the best esports teams in the world and create the best possible conditions for our teams, so they can concentrate on being athletes.

Year Founded: 2016

Total Funding: $13.9M in 2 funding rounds (as of Jun 28, 2017)
Last Funding Type: Venture – Series Unknown
Acquisition: None


Lead Investors: Creandum

  

17. NordSense:

Nordsense offers a simple and affordable solution that optimizes waste collection processes. Whether you represent a city, waste operator or organization that handles waste management, their system can drastically reduce your capital expenditure and carbon footprint, while improving workflows.

Year Founded: 2015

Total Funding: $2.1M in 1 funding round (as of May 15, 2017)
Last Funding Type: Seed
Acquisition: None


Lead Investors: New Enterprise Associates

  

18. Adform:

Adform is the independent and open full stack ad-tech platform that encompasses creativity, data and trading, servicing media agencies, trading desks, brands and publishers globally. It is among the world’s largest private and independent advertising technology companies with over 900 employees globally, with offices in 18 countries throughout Europe, North America and APAC.

Year Founded: 2002

Total Funding: $27.5M in 3 funding rounds (as of Dec 3, 2015)
Last Funding Type: Venture – Series Unknown
Acquisition: None


Lead Investors: Danica Pension & Via Venture Partners

  

19. Cardlay:

A single software platform that develops and delivers a software platform for enterprises for the administration and management of expenses, and branded prepaid physical and virtual cards. Cardlay’s platform issues, loads and manages cards and expenses globally for complete visibility.

Year Founded: 2016

Total Funding: $8.9M in 3 funding rounds (as of Jan 11, 2018)
Last Funding Type: Series A
Acquisition: None


Lead Investors: Seed Capital, SEB Venture Capital & Thorleif Krarup

  

20. Relink:

A Nordic, VC backed, technology startup that transforms how people identify their next job or employee. Relink analyses big data from across the web, developing applications which help their customers to make smarter, better and quicker business decisions when knowledge about people is essential.

Year Founded: 2013

Total Funding: $2.1M in 6 funding rounds (as of Feb 22, 2017)
Last Funding Type: Seed
Acquisition: None


Lead Investors: Seed Capital

  

21. Dixa:

A cloud-based customer service software that enables you to deliver personal support on phone, email and chat directly from your browser. Dixa strives to offer access to the platform at a price point that reflects what its users can afford in its current lifecycle. It provides an open platform that connects its users to the ecosystem of services, data, and software that they already use.

Year Founded: 2015

Total Funding: $3.1M in 2 funding rounds (as of Jan 16, 2018)
Last Funding Type: Venture – Series Unknown
Acquisition: None


Lead Investors: Seed Capital

  

22. KUBO Robot:

KUBO is an educational robot that accelerates learning in coding, mathematics, language, and music through its TagTile programming language, which helps pre-school and primary school children explore and understand new concepts in a screenless, tangible environment.

Year Founded: 2015

Total Funding: $1.5M in 3 funding rounds (as of Nov 10, 2017)
Last Funding Type: Venture – Series Unknown


Lead Investors: The Danish Growth Fund

  

23. Samlino.dk:

A financial comparison site that helps Danish consumers save money on services in the financial sector; insurance, loan, broadband etc. Samlino.dk provides and operates price comparison online portal, based in Copenhagen, Denmark. The company provides information on broadband and mobile, credit card, deposit account and unemployment funds.

Year Founded: 2014

Total Funding: $20.4M in 3 funding rounds (as of Aug 30, 2016)
Last Funding Type: Venture – Series Unknown
Acquisition: Unknown


Lead Investors: Founders Fund, ACE & Company & Nova Founders Capital

  

24. NewBanking:

A Global online platform for identity management. NewBanking provides a user identity platform that will allow end-users to verify their identity easily and securely across businesses while at the same having control and ownership of their own data and identity online.

Year Founded: 2015

Total Funding: $1.8M in 3 funding rounds (as of Dec 22, 2017)
Last Funding Type: Grant
Acquisition: None


Lead Investors: Unknown

  

25. Lunar Way:

Lunar Way is a mobile banking app developer that markets to the millennial generation. It is a free credit card and a fantastic money app.

Year Founded: 2015

Total Funding: $9.6M in 3 funding rounds (as of May 4, 2017)
Last Funding Type: Venture – Series Unknown


Lead Investors: Seed Capital, Nykredit A/S & Seed Capital

  

26. Pleo:

A fintech company that offers smart payment cards for employees for them to buy things they need for work, while keeping the companies in control of spending. Pleo decentralises company spending, eliminates expense reports and reimbursements and simplifies bookkeeping.

Year Founded: 2016

Total Funding: $6.3M in 3 funding rounds (as of Feb 15, 2017)
Last Funding Type: Seed


Lead Investors: Creandum & Founders

  

27. Airtame:

A wireless screen sharing solution for schools and businesses that makes collaboration easy and saves IT admins plenty of headaches. Airtame’s small wireless HDMI device plugs into the HDMI port of any screen or projector. Unlike other wireless HDMI devices, nothing is plugged into your computer or smartphone.

Year Founded: 2013

Total Funding: $5.1M in 4 funding rounds (as of Nov 10, 2017)
Last Funding Type: Venture – Series Unknown


Lead Investors: Seed Capital

  

28. GoMore:

GoMore offers carpooling, peer-to-peer car rental, and private car leasing with a lease-and-rent-out model. It has more than 800,000+ users across Spain, Denmark, Norway, and Sweden.

Year Founded: 2011

Total Funding: $9.5M in 5 funding rounds (as of Jun 28, 2017)
Last Funding Type: Venture – Series Unknown
Acquisition: Acquired Amovens on Mar 2, 2015


Lead Investors: Macif

  

29. Drivr:

A leading cloud-based ground transport platform for taxi and private hire companies. Drivr’s platform deploy on-demand mobility services: Ride hailing, carpooling, taxi and ride sharing services.

Year Founded: 2010

Total Funding: $10M in 11 funding rounds (as of Oct 15, 2015)
Last Funding Type: Seed
Acquisition: None


Lead Investors: The Danish Growth Fund

  

30. OrderYoyo:

An online ordering system that is custom build just for your restaurant or take-away. OrderYoyo’s focus is to help take-aways and restaurants make more money. They offer you your OWN platform, which includes: iPhone App, Android App and a Web-based ordering module.

Year Founded: 2013

Total Funding: $3.4M in 1 funding round (as of Jun 22, 2016)
Last Funding Type: Seed
Acquisition: None


Lead Investors: Seed Capital

  

10 thoughts on “30 Hottest Startups In Denmark!”

  1. This is great news and I love to help all companies to obtain a resilient and agile supply chain, which are chainable.
    Hope to be at this top30 list next year.

    Best regards
    Nanna Paludan Feld
    Chainable Consulting

    #CreateChainableChains

  2. @Dan thanks for your remark! GenieBelt looks fantastic although the research was based most recent fundings & other key areas. We’ll keep an eye on your company for when we publish our next article. You guys are doing some exciting work.

Leave a Reply

Your email address will not be published. Required fields are marked *