Startup Insight

European New Unicorn – 2024

Dec 23, 2024 | By Kailee Rainse

European New Unicorn - 2024

SUMMARY

  • European New Unicorn - 2024
  • A European new unicorn is a startup company in Europe that has recently reached a value of $1 billion or more.

A European new unicorn is a startup company in Europe that has recently reached a value of $1 billion or more. These companies are usually in fast-growing industries like technology, fintech, healthcare, and others. Becoming a unicorn is a big achievement, showing that the company has gained trust from investors and has the potential to grow a lot.

Many European companies are joining the unicorn club, especially in areas like tech, e-commerce, fintech, and green energy. These startups benefit from Europe's large market, access to investment money, and growing tech scenes in cities like London, Berlin, and Paris.

Let Explore the List of European New Unicorn - 2024

ElevenLabs

ElevenLabs is a company that focuses on AI audio technology. Their goal is to make content available in any language and voice. Their research team creates AI models that can produce realistic and flexible speech, voices, and sound effects in 32 languages. ElevenLabs specializes in creating high-quality voice clones, text-to-speech, and dubbing services.

Year2022
Networth$1B
IndustryAI audio research and deployment
FounderMati Staniszewski and Piotr Dąbkowski

Quantinuum

Quantinuum is a company that works with quantum computing, focusing on both hardware and software. It was created by merging Cambridge Quantum and Honeywell Quantum Solutions. In April 2024, the company’s H-Series trapped-ion quantum computers achieved the highest quantum volume ever recorded, reaching 1,048,576.

Year2021
Networth$5B
IndustryComputing Company
FounderIlyas Khan

DataSnipper

DataSnipper is an add-in for Excel that helps make audit and finance tasks faster and easier. It is an intelligent tool that improves the speed and quality of your work. With DataSnipper, you can import your audit files into Excel and connect them to your testing workbook.

Year2017
Networth$1B
IndustryIntelligent Automation Platform
FounderMaarten Alblas, Jonas Ruyter and Kai Bakke

Bending Spoons

Bending Spoons is an Italian software company that makes and buys mobile apps. It creates digital tools like video editing and image editing apps. Founded in 2013 and based in Milan, Bending Spoons is known for the mobile apps it develops or acquires.

Year2013
Networth$2.55B
IndustryInternet & Web Services
FounderLuca Ferrari

Mews

Mews is a cloud-based system that helps manage hotels, hostels, and apartments. It makes hotel operations easier and more automated. Mews Payments helps process payments quickly, smoothly, and securely. The system automatically handles payment tasks, saving time, boosting security, and improving the experience for guests.

Year2012
Networth$1.2B
IndustryProperty Management System
FounderRichard Valtr

Pigment

Pigment is a platform that helps businesses with planning, budgeting, and forecasting. It's easy to use and can grow with your business, no matter the industry. Pigment is designed for revenue and finance teams to create flexible financial plans and make real-time forecasts and budgets.

Year2019
Networth$ 39.8B
IndustrySoftware Development
FounderEléonore Crespo and Romain Niccoli

Wayve

Wayve is creating artificial intelligence software for self-driving cars. Their unique approach helps cars learn to drive in new places more quickly and efficiently than other technologies. Unlike most self-driving cars, Wayve uses one system instead of many separate models to handle different tasks.

Year2017
Networth$5.87B
IndustryAI Driver software
FounderAlex Kendall

Revoult

Revolut is a financial technology company that provides banking and payment services. Based in London, it offers banking services for both individuals and businesses. Revolut also provides e-money and payment services, following the rules set by the Electronic Money Regulations 2011.

Year2015
Networth$45B
IndustryFinancial Services and Technology Company
FounderNikolay Storonsky, Vlad Yatsenko

Bolt

Bolt is a mobility company from Estonia that offers different services like ride-hailing, scooter and bike rentals, food and grocery delivery, and carsharing. Bolt’s goal is to make cities better for people, not cars, by providing alternatives to owning a car. The company operates in over 500 cities across more than 45 countries, including Europe, Africa, Western Asia, and Latin America.

Year2014
Networth$11.00B
IndustryE-Commerce, Fraud Detection, Mobile Payments
FounderEric Feldman, Ryan Breslow

Celonis

Celonis is a software company that helps businesses improve their processes using process mining technology. It makes processes work better for people, companies, and the planet. The Celonis Process Intelligence Platform uses advanced process mining and AI technology, combined with business information, to give customers a digital copy of their business operations that is always up-to-date.

Year2011
Networth$7.7B
IndustryAnalytics, Business Intelligence
FounderAlex Rinke, Bastian Nominacher, and Martin Klenk





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