121 Stockholm Startups to Watch in 2020

Stockholm's tech sector is booming. This year’s list of the best 121 Stockholm tech startups is an eclectic mix of hyper-growth scaleups, small creative startups and everything in between.

The last update was made on February 16, 2020. This is how we decide who shows up.

Stockholm 10+ employees Fast-growing


European tech moves fast

Get unique, authentic insights every Friday.


Klarna

Klarna is an e-commerce payment solutions platform for merchants and shoppers.

Stockholm   1001-5000   $1,234,713,450  

VOI Technology

VOI Technology owns, operates, and manages electric scooters for urban commuters in Stockholm.

Stockholm   11-50   $137,900,000  

Spotify

Spotify is a commercial music streaming service that provides restricted digital content from a range of record labels and artists.

Stockholm   1001-5000   $2,585,424,678  

Tink

Tink is a cloud-based platform that provides the infrastructure and data products that are enabling the future of financial services.

Stockholm   251-500   $105,615,958  

Karma

Karma designs and offers application to minimize the food waste in grocery stores and restaurants.

Stockholm   501-1000   $16,746,654  

KRY

KRY is transforming the world of healthcare by making care more accessible and convenient.

Stockholm   251-500   $91,917,585  

Epidemic Sound

Epidemic Sound is a music company that produces music for online creators.

Stockholm   51-100   $58,861,893  

Lifesum

Lifesum is a Swedish digital health startup that helps clients become healthier by using applied psychology and technology.

Stockholm   11-50   $21,700,000  

Sinch

Sinch connects with customers and makes engagement personal with simple, programmable communication tools.

Stockholm   251-500   $12,000,000  

Storytel

Audiobooks in your iPhone or Android mobile.

Stockholm   51-100   $14,814,103  

Paradox Interactive

Paradox Interactive is a video game publisher that focuses on historical, grand strategy computer games.

Stockholm   251-500   $32,620,000  

Truecaller

Truecaller is a mobile app that lets you see who's calling and block unwanted calls.

Stockholm   51-100   $98,585,793  

Acast

Acast is an audio-on-demand and podcast platform that hosts, monetizes, and distributes audio content globally.

Stockholm   101-250   $97,879,888  

Natural Cycles

Natural Cycles is a contraceptive app that spearheads the development of digital contraception.

Stockholm   11-50   $37,500,000  

Matsmart

Matsmart sells surplus food online. A major part would have been thrown away, due to packaging changes, short expiry dates or other reasons.

Stockholm   101-250   $46,348,123  

Funnel

Funnel designs and develops software/platform that helps marketers automate their data collection.

Stockholm   51-100   $21,000,000  

Dreams

Dreams is a Neo-bank that makes saving, spending and lending money easy, engaging, and social.

Stockholm   11-50   $27,803,971  

GLoot

G-Loot is an Esports platform that lets gamers compete with friends and random opponents directly or through tournaments.

Stockholm   51-100   $42,288,571  

Budbee

A smart, fast and personal home delivery service for online shopping.

Stockholm   101-250   $19,088,548  

MAG Interactive

MAG Interactive is a Sweden-based mobile game and app development company.

Stockholm   11-50   $15,525,382  

Wrapp

Wrapp is The New Standard for rewarding purchases and customer loyalty.

Stockholm   51-100   $36,579,001  

Bynk

Bynk is a fintech company that provides personal loans, in a data-driven manner.

Stockholm   11-50   $72,690,371  

Fishbrain

Fishbrain helps people catch more and bigger fish and become better anglers - today and tomorrow.

Stockholm   11-50   $27,750,000  

Trustly

Trustly provides a simplified Internet solution for online payments through a bank.

Stockholm   101-250   $28,862,926  

ChromaWay

ChromaWay is a platform which enables smart contracts and digital assets for financial applications and non-financial applications.

Stockholm   11-50   $14,809,866  

Peltarion

Create real-world AI applications – at scale and at speed – with the first operational AI platform from Peltarion.

Stockholm   51-100   $36,784,860  

Meds

Meds is an online pharmacy that sells prescription and non-prescription drugs.

Stockholm   11-50   $10,581,112  

Adverty

Adverty is the next generation advertising platform.

Stockholm   11-50   $4,657,790  

Activate

Activate, formerly known as Bloglovin', is a blog aggregator that allows for multiple blog viewing from one place.

Stockholm   11-50   $18,680,805  

&frankly

&frankly provides insight to a company's employee engagement and an agile approach to change instead of death by surveys and analysis.

Stockholm   51-100   $1,434,356  

Lendify

Lendify is Sweden's largest bank challenger taking market shares from traditional banks.

Stockholm   11-50   $423,754,855  

Accedo

Accedo is a provider of interactive apps for smart TVs and connected TV devices for media companies, consumer electronics, and TV operators.

Stockholm   101-250   $28,270,000  

Nectarine Health

Nectaring is transforming elderly care with IoT and Machine Learning

Stockholm   11-50   $12,579,562  

Tibber

Tibber provides energy consumer services and learns to buy, save, and control electricity for homes.

Stockholm   11-50   $16,509,336  

Glue Home

Glue enables smart access for people, products and services into the home while you are away.

Stockholm   11-50   $12,588,426  

Zound Industries

Zound Industries designs, develops, and markets headphones.

Stockholm   101-250   $15,612,815  

MatHem

Sweden's largest online grocery store with above SEK 1 billion in sales in 2016 and continued high growth.

Stockholm   251-500   $166,425,993  

Soundtrap

Soundtrap operates an online music recording studio that enables users to record, edit, collaborate, and share their recordings.

Stockholm   11-50   $8,500,000  

Gimi

Gimi is an educational app that teaches young adults about money.

Stockholm   11-50   $5,396,121  

AppJobs

The world's largest community of gig-workers with members in over 200 cities across the globe

Stockholm   51-100   $11,853,695  

Aprea

Aprea focuses on the discovery and development of novel anticancer compounds reactivating the tumor suppressor protein p53.

Stockholm   11-50   $112,875,756  

Kreditz

Kreditz real-time credit score based on bank transaction data from the past 12 months.

Stockholm   11-50   $933,411  

Resolution Games

Resolution Games operates as a virtual reality and augmented reality games studio.

Stockholm   11-50   $13,500,000  

Bitrefill

Bitrefill offers gift cards, mobile phone refills, and lightning network services on a global scale, receiving bitcoin and cryptocurrencies.

Stockholm   11-50   $2,000,000  

Sellpy

Sellpy makes it easier than any other service to sell the things you don’t use.

Stockholm   11-50   $8,455,897  

Tiptapp

Tiptapp helps you move things in and out of your home.

Stockholm   11-50   $7,493,689  

Coala Life

Developed a digital service where a small wireless heart monitor reading of the heart's ECG and heart sounds

Stockholm   1-10   $20,016,075  

Bambuser

Mobile live streaming made easy.

Stockholm   11-50   $11,362,671  

Stravito

We’re building the most powerful and personalised knowledge management tool for consumer goods companies.

Stockholm   11-50   $6,285,997  

Capcito

Capcito – Takes invoice financing and SME lending to the next level through technology and applying data-driven decision making.

Stockholm   11-50   $11,460,083  

Doctrin

Doctrin provides decision support systems and communication tools to healthcare providers.

Stockholm   11-50   $18,468,385  

Kognity

Intelligent SaaS Textbooks with school customers in over 70 countries.

Stockholm   51-100   $7,132,058  

Sana Labs

Sana Labs is an artificial intelligence company that exerts breakthroughs in machine learning to personalize educational content.

Stockholm   11-50   $2,500,000  

Challengermode

Challengermode is a Swedish esports startup founded in 2014 with the vision to create the best possible online competitive gaming experience

Stockholm   11-50   $6,003,807  

Regily

Regily applies advanced technologies to make it enjoyable for users to sign up for new services online.

Stockholm   11-50   $2,195,442  

Qred

Qred brings accessible, fast and frictionless financing to small businesses using digital processes.

Stockholm   51-100   $55,058,023  

Starbreeze

Starbreeze Studios creates, publishes, and distributes high quality entertainment products.

Stockholm   251-500   $79,000,000  

Mitigram

Mitigram is a platform that offers secure, instantaneous interactions across the global trade finance instrument ecosphere.

Stockholm   11-50   $17,060,896  

Buddy Pet Foods

A premium D2C all-natural pet food company from Stockholm, Sweden

Stockholm   1-10   $1,256,175  

Kaching

Kaching develops a cloud-based mobile retail platform.

Stockholm   11-50   $13,449,635  

Werlabs

Werlabs is a Stockholm based medical technology company

Stockholm   11-50   $15,328,280  

re:newcell

re:newcell has developed a patented process for recycling cellulose-based textiles, such as cotton and viscose.

Stockholm     $10,619,623  

Strafe

Strafe is a lifestyle application for a global e-sport audience and fans.

Stockholm   1-10   $5,070,532  

Volumental

Cloud-based platform using 3D for product customization.

Stockholm   11-50   $4,458,028  

Saab

Saab serves the global market with world-leading products, services, and solutions from military defence to civil security.

Stockholm   101-250   $10,120,894  

Billogram

Billogram is a Sweden-based company that offers a simplified invoicing service for small and large corporations.

Stockholm   11-50   $11,201,421  

Typelane

Typelane makes it simple to deliver a personal and engaging employee onboarding and offboarding experience while saving you time.

Stockholm   11-50   $1,098,167  

Mindler

Mindler makes it easy to meet a psychologist - usually the same day!

Stockholm     $4,849,332  

Embark Studios

Embark Studios is a games studio, on a mission to blur the line between playing and making.

Stockholm     $41,000,000  

Cint

Cint is a global insight exchange that enables community owners to provide consumer data to researchers, agencies and brands.

Stockholm   101-250   $17,426,168  

Scrive

Scrive is the Nordic market leading solution for e-signing.

Stockholm   11-50   $1,951,315  

Crosser

Crosser designs and develops Streaming Analytics and Integration software for any Edge, Fog or Cloud. Target market is Industrial IoT.

Stockholm   11-50   $5,164,948  

Magine

Magine is a cloud-based TV operator providing live, recorded and time shifted TV across all devices.

Stockholm   101-250   $58,268,537  

TrusTrace

TrusTrace is a Technology Company that provides solutions to enable "Conscious consumerism and Responsible Production".

Stockholm   11-50   $1,584,966  

Mavenoid

Mavenoid builds human-friendly troubleshooting software that helps people discover what’s wrong and how to fix it.

Stockholm   1-10   $1,900,000  

Heja

Heja is only app you need to easily handle communication between coaches, managers, parents and players.

Stockholm   11-50   $2,656,973  

Greenely

Greenely is an energy management tool ans app where households will be able to get an overview of their energy consumption.

Stockholm   1-10   $3,419,043  

Universal Avenue

Universal Avenue specializes in the digitalization of small and medium-sized businesses.

Stockholm   11-50   $23,000,000  

Tacton Systems

Tacton Systems is a global vendor of sales and product configuration software and services.

Stockholm   101-250   $12,000,000  

ManoMotion

ManoMotion is a gesture technology company that enables its users to manipulate objects in 3D space with real-life intuitiveness.

Stockholm   11-50   $6,450,000  

Fyndiq

Fyndiq.se - the Swedish Bargain Superstore, connecting merchants with bargain hunters

Stockholm   51-100   $35,409,722  

Safello

Safello operates a bitcoin exchange and related services in the European market.

Stockholm   11-50   $2,079,731  

Upsales

Upsales is a Marketing & CRM software company

Stockholm   51-100   $5,483,292  

Caliroots

Caliroots is a streetwear fashion retail company with both retail stores and an online presence.

Stockholm   101-250   $5,912,435  

Widespace

Mobile Widespace is an advertising company that sells ads over mobile devices.

Stockholm   101-250   $26,940,962  

Leeroy

Leeroy provides a technology platform that transforms customer data into marketing both on-site in-store and mobile.

Stockholm   11-50   $9,310,008  

norbloc

norbloc’s Blockchain KYC products enable Individuals, organizations and regulators to manage and share verified Know Your Customer data

Stockholm   11-50   $1,600,000  

Sirius International Insurance

Sirius International Insurance offers property and casualty reinsurance and insurance services.

Stockholm   501-1000   $300,000,000  

OxThera

OxThera develops products for the treatment of metabolic disorders resulting from excess levels of oxalate.

Stockholm     $87,562,618  

Beleco

Beleco is a marketplace where members share designer furniture

Stockholm   11-50   $2,328,789  

Tracklib

Tracklib is the world’s first record store with songs for sampling.

Stockholm   11-50   $4,150,000  

DigiExam

Making digital examinations available for everyone

Stockholm   11-50   $4,751,396  

DPOrganizer

DPOrganizer is a privacy management software that helps you a map, visualize, report, and manage the processing of personal data.

Stockholm   11-50   $7,086,515  

Einride

Einride is a cargo and freight company that designs and builds technologies for transportation systems.

Stockholm   51-100   $32,343,069  

Furhat Robotics

Furhat Robotics is a social robotics company based in Sweden.

Stockholm   11-50   $2,559,464  

Flic

Shortcut Labs is a creator of wireless smart buttons that offers physical shortcuts to digital functions in mobile devices.

Stockholm   11-50   $1,051,748  

Mentimeter

An interactive presentation software. Mentimeter make presentations, events and classrooms interactive and fun

Stockholm   11-50   $625,000  

Barnebys

Barnebys is the world’s leading search service for vintage design, art, antiques and collectibles.

Stockholm   11-50   $14,533,553  

Grace Health

Putting female health in the pocket of all women. Period.

Stockholm   1-10   $431,312  

Ingrid Cloud

Ingrid Cloud offers a cloud-based service (SaaS), providing customers with fully automated flow simulations.

Stockholm   11-50   $5,221,896  

ftrack

ftrack is a scalable cloud-based project management solution used in the media & entertainment industry.

Stockholm     $3,500,000  

Steven

Steven is a mobile application for group payments that settle debts between people.

Stockholm   11-50   $2,375,410  

Sqore

Smart Recruitment - Automate the process between your job ad and the first interview.

Stockholm   51-100   $6,852,667  

Vionlabs

Vionlabs utilises computer vision and machine learning to generate, never before seen sentiment-data, with simple integration.

Stockholm   11-50   $8,080,832  

Svenska Cellulosa Aktiebolaget (SCA)

SCA is a global company with Swedish roots that develops and produces sustainable personal care, tissue and forest products.

Stockholm   10001   $104,934,712  

reve

Reve is a lifestyle marketplace that brings together content, community, and commerce.

Stockholm   1-10   $1,486,355  

Lysa

Lysa is a digital portfolio management service that allows you to invest as a Nobel Prize winner.

Stockholm     $4,379,575  

Wheelys Café

Wheelys is a chain of organic bicycle cafés and shops, enabling people (ALL people) to start their own businesses.

Stockholm   1-10   $3,444,430  

Mondido

Mondido is a payment service designed to increase conversion rates for online merchants.

Stockholm   1-10   $1,114,272  

Unomaly

Unomaly A new way of monitoring critical systems and digital environments.

Stockholm   11-50   $5,205,368  

Match2One

Match2One makes it easier for advertisers to make automated and hyper-targeted purchases of ad inventory i.e. programmatic marketing

Stockholm   11-50   $4,905,507  

Brocc

A fintech company in peer-to-peer lending that allows individuals to lend money to other individuals through an online-based platform.

Stockholm     $1,334,670  

Zenterio

Zenterio provides an independent OS for interactive TV aimed at creating an industry standard.

Stockholm   251-500   $22,751,547  

Firstvet

FirstVet is a digital veterinary clinic offering video meetings with veterinarians.

Stockholm   11-50   $26,383,889  

Lexplore

Using eyetracking and AI to detect dyslexia at the first years in school

Stockholm   11-50   $6,715,884  

Bublar

Bublar is an augmented reality mobile gaming company founded in 2015.

Stockholm   11-50   $555,283  

Urb-IT

Urb-it is a platform that connects shoppers with other users that handle orders and delivery.

Stockholm   11-50   $12,405,003  

Dashl

A digital hair and beauty booking platform.

Stockholm     $1,878,226  

Unikum

Unikum.net - a mobile web service for preschools and schools - just passing 1 000 000 paid user accounts - bootstrapped to 4 MUSD revenues

Stockholm   11-50   $2,000,000  

Neonode

Neonode provides optical touch screen solutions for handheld consumer and industrial electronic devices in Sweden and internationally.

Stockholm   11-50   $37,401,486  

Syncron

Syncron empowers the world’s leading manufacturers to maximize product uptime and deliver exceptional after-sales service experiences.

Stockholm   251-500   $67,000,000  

Explore other top startups across Europe

...
London Startups

Forget all about Brexit. Europe's tech capital is still booming with fintech at its core.

...
Berlin Startups

In Berlin, a new startup is founded every 20 minutes. What else is there to say?

...
Paris Startups

Under President Macron's new regime, the Paris start-up scene is flying higher than ever before.