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.
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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