69 Tallinn Startups to Watch (and Work for) in 2023
Europe's entrepreneurial landscape continues its upward trajectory. Amidst this backdrop, Tallinn stands out, having witnessed remarkable activity in its startup ecosystem over the past years.
In 2022, Tallinn startups raised $1.3 Billion in capital (after raising $1.1 Billion in 2021). So far this year, they've raised $380 Million, reflecting the growing investor confidence in the region.
This list features the top Tallinn startups of 2023 — updated as of October. It includes companies like Skeleton Technologies, Elcogen and Sunly, covering all sectors and business models. We update it monthly by tracking all startup activity in our database of 17,000 technology companies in Europe and sort companies dynamically using our Seedtable score, ensuring objectivity. Whether you're an experienced investor, a determined founder, or a resourceful operator this list of top 69 tech startups is worth exploring.
Changelog
Last update: December 7, 2023. Added companies, investors and rounds. See changelog .
Rankings are calculated using our Seedtable score – a 1 to 100 score that uses quantitative and qualitative data points (examples are money raised or employees over time) to signal the momentum behind a company. A score closer to 100 indicates a company worth watching closely.
Featured companies in Tallinn
Get access to the Seedtable database with +17,000 companies (207 from Tallinn)Featured
Manufacturer of high energy and power density ultracapacitors.
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Latest Funding
$110 Million · Series D
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Employees
251 to 500
-
Investors
First Floot Capital, Marubeni, Estonian venture capital, Harju Elekter Group, Siemens AG, European Investment Bank, Nidoco, InnoEnergy
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Business Model
B2B
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Industries
Climate Tech & Green Tech, Energy & Nuclear, Manufacturing
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Locations
Tallinn
-
Contact
•••••@skeletontech.com
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Featured
Manufacturer of core components and stacks for solid oxide fuel cells (SOFCs).
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Latest Funding
$48 Million · Series B
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Employees
11 to 50
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Investors
VNT Management, Korea Shipbuilding & Offshore Engineering
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Industries
Climate Tech & Green Tech, Energy & Nuclear
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Locations
Tallinn
-
Contact
•••••@elcogen.com
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Featured
Wind and solar parks.
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Latest Funding
$32 Million
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Employees
101 to 250
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Investors
European Bank for Reconstruction and Development
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Industries
Climate Tech & Green Tech, Energy & Nuclear
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Locations
Tallinn
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Contact
•••••@sunly.ee
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List of 69 top tech companies in Tallinn
Get access to the Seedtable database with +15k companies (207 from Tallinn)Digital forensics firm.
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Latest Funding
$19 Million · Series A
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Industries
Cybersecurity, Privacy and Security
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Locations
Tallinn
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Employees
51 to 100
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Business Model
B2B, SAAS
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Investors
Molten Ventures, Earlybird Venture Capital, OpenOcean
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Contact
•••••@binalyze.com
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AI-powered skincare software.
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Latest Funding
$2.2 Million · Seed
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Industries
Health Tech, AI
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2B, SAAS
-
Investors
LongeVC
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Contact
•••••@haut.ai
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AI video detection platform to turn CCTV cameras into smart sensors.
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Latest Funding
$2.1 Million · Seed
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Industries
CPG & Consumer Goods, AI, Proptech & Real Estate, Machine Learning, Data and Analytics, Video, Internet of Things, Communications
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Quadri Ventures, Second Century Ventures, Change Ventures, 7percent Ventures, Tiny VC, Superangel, Lemonade Stand
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Contact
•••••@fyma.ai
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NFT infrastructure and APIs platform for developers.
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Latest Funding
$26 Million · Series A
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Industries
Fintech, Crypto & web3, Payments
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2B, SAAS
-
Investors
Atomico, Plural
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Contact
•••••@nftport.xyz
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Bisly is an Estonian startup developing intelligent building solutions.
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Latest Funding
$3.8 Million · Seed
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Industries
Proptech & Real Estate, Energy & Nuclear
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Reach UK, Second Century Ventures, SmartCap, Aconterra
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Contact
•••••@bisly.com
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Cold plasma technology.
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Latest Funding
$4.8 Million · Seed
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Industries
Climate Tech & Green Tech, Energy & Nuclear
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Locations
Tallinn
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Employees
11 to 50
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Investors
Archimedes Foundation, EIC Accelerator, EstBAN
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Contact
•••••@efenco.eu
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Sustainable packaging.
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Latest Funding
$3.4 Million · Seed
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Industries
Climate Tech & Green Tech, Ecommerce
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2B
-
Investors
EIC Accelerator
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Contact
•••••@raiku.co
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Heavy duty cargo bikes for on demand delivery companies.
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Latest Funding
$4.1 Million · Seed
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Industries
Mobility & Transportation, Supply Chain & Logistics
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2B
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Investors
Superangel, Metaplanet Holdings, Specialist VC
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Contact
•••••@vokbikes.com
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Avokaado is a digital workspace for contract lifecycle management
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Latest Funding
$1.3 Million · Seed
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Industries
Legal Tech, Productivity Tools, Future of Work, Identity Management
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Locations
Tallinn
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Employees
1 to 10
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Business Model
B2B, SAAS
-
Investors
Tera Ventures
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Contact
•••••@avokaado.io
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Core banking platform.
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Latest Funding
$1.1 Million
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Industries
Fintech, Payments
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Locations
Tallinn
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Employees
51 to 100
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Business Model
B2B, SAAS
-
Investors
Plug and Play Spain, Karma Venture
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Contact
•••••@tuumplatform.com
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Mobile games developer.
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Latest Funding
$6 Million · Seed
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Industries
Gaming, Mobile
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Locations
Tallinn
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Employees
1 to 10
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Business Model
B2C, SAAS
-
Investors
Play Ventures
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Contact
•••••@originalgames.io
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AI-driven platform to automate EU e-commerce shipping compliance.
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Latest Funding
$40 Million
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Industries
Legal Tech, Ecommerce
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2B, SAAS
-
Investors
Change Ventures, Connected Capital & Partners
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Contact
•••••@eurora.com
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All-in-one mobility app.
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Latest Funding
$710 Million · Series E
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Industries
Foodtech, Mobile, Mobility & Transportation, Ecommerce
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Locations
Tallinn
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Employees
1001 to 5000
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Business Model
B2C
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Investors
Creandum, Naya Capital, Korelya Capital, Mercedes Benz, International Finance Corporation, Didi, TMT Investments, NordicNinja VC, Superangel, Startup Wise Guys
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Contact
•••••@bolt.eu
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Yield earning platform.
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Latest Funding
$6 Million · Seed
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Industries
Fintech, Crypto & web3, Mobile, Payments
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2C, MARKETPLACE
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Investors
Prime Ventures, Shima Capital
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Contact
•••••@mycointainer.com
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Tokenized stock paltform for remote companies.
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Latest Funding
$5.3 Million · Seed
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Industries
Fintech, Crypto & web3
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
BoxGroup, byFounders
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Contact
•••••@saltox.co
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Data analytics tools to help teams with data quality, reliability, cost and governance.
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Latest Funding
$5.9 Million · Seed
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Industries
Legal Tech, Data and Analytics, Business Intelligence, Developer Tools, Cloud
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2B, SAAS
-
Investors
Project A Ventures, Icebreaker
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Contact
•••••@alvin.ai
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EV charging solution.
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Latest Funding
$3.1 Million · Seed
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Industries
Electric Vehicles
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Locations
Tallinn
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Employees
11 to 50
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Investors
Amalfi Capital, Specialist VC
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Contact
•••••@vool.com
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Manufacturer of reusable, automatic packaging.
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Latest Funding
$2.2 Million · Seed
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Industries
Climate Tech & Green Tech, Manufacturing
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Locations
Tallinn
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Employees
1 to 10
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Business Model
B2B
-
Investors
SmartCap, The Footprint Firm
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Contact
•••••@cuploop.com
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3D vatar creation platform.
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Latest Funding
$56 Million · Series B
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Industries
Gaming, AR / VR
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2B, SAAS
-
Investors
A16Z, Plural, SeedInvest, Tiny VC, NordicNinja VC, Samsung NEXT, Spring Capital, Startup Wise Guys, Presto Ventures
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Contact
•••••@readyplayer.me
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No-code collaboration platform for business apps.
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Latest Funding
$2.2 Million · Seed
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Industries
Enterprise Software
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2B
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Investors
Change Ventures
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Contact
•••••@formaloo.com
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AI-powered identity verification platform.
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Latest Funding
$100 Million · Series C
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Industries
Cybersecurity, Data and Analytics, Privacy and Security, Identity Management
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Locations
Tallinn
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Employees
501 to 1000
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Business Model
B2B, SAAS
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Investors
Accel, Mosaic Ventures, Change Ventures, NordicNinja VC, Y Combinator
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Contact
•••••@veriff.com
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Social group payments platform.
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Latest Funding
$1.5 Million · Seed
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Industries
Fintech, Payments
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Locations
Tallinn
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Employees
1 to 10
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Business Model
B2C
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Investors
Atomico, Tera Ventures, APX
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Contact
•••••@getcino.com
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Cybersecurity skills training platform.
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Latest Funding
$5.7 Million
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Industries
Edtech, Cybersecurity, Privacy and Security
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Karma Venture, First Fellow Partners, Specialist VC
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Contact
•••••@cybexer.com
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Anti-money laundering platform.
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Latest Funding
$4.4 Million · Seed
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Industries
Fintech, Privacy and Security
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Locations
Tallinn
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Employees
51 to 100
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Business Model
B2B, SAAS
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Investors
Seedcamp, Fly Ventures, Passion Capital, ff Venture Capital, Superangel
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Contact
•••••@salv.com
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Online mobile banking platform.
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Latest Funding
$35 Million · Series C
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Industries
Fintech, Payments
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Locations
Tallinn
-
Employees
251 to 500
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Business Model
B2B, B2C, SAAS
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Investors
Augmentum Fintech, Seedcamp, HSBC, EIC Accelerator, Monte Carlo Capital, YYX Capital, Investec, Outward VC, Investment AB Kinnevik, Tera Ventures, Pinto Ventures
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Contact
•••••@monese.com
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Trading track and analytics platform.
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Latest Funding
$13 Million
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Industries
Fintech, Crypto & web3, Investing
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Locations
Tallinn
-
Employees
1 to 10
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Business Model
B2B, SAAS, MARKETPLACE
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Investors
Insight Venture Partners, Point Nine Capital, Fly Ventures
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Contact
•••••@lp.mytrades.link
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Logistics platform.
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Latest Funding
$1.3 Million · Seed
-
Industries
Mobility & Transportation, Supply Chain & Logistics
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Locations
Tallinn
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Investors
Superhero Capital
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Contact
•••••@mydello.com
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Real-time soil data management platform.
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Latest Funding
$1.5 Million · Seed
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Industries
Agritech, Internet of Things
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Locations
Tallinn
-
Employees
1 to 10
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Business Model
B2C
-
Investors
SmartCap, EstBAN, Superangel
-
Contact
•••••@paul-tech.com
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Sustainable investing platform.
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Latest Funding
$2.2 Million · Seed
-
Industries
Climate Tech & Green Tech, Health Tech, Fintech, Investing, Personal Finance
-
Locations
Tallinn
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Employees
1 to 10
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Business Model
B2B, B2C
-
Investors
Norrsken VC, Superangel, Lemonade Stand, Specialist VC
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Contact
•••••@grunfin.com
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web3 consumer infrastructure.
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Latest Funding
$5 Million · Seed
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Industries
Fintech, Crypto & web3
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Locations
Tallinn
-
Employees
11 to 50
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Business Model
B2C
-
Investors
Dragonfly Capital, hypra.fund
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Contact
•••••@utorg.pro
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Durable, light e-bikes manufacturer.
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Latest Funding
$8.6 Million
-
Industries
Mobility & Transportation, Manufacturing, Ecommerce
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Locations
Tallinn
-
Employees
101 to 250
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Business Model
B2C
-
Investors
Metaplanet Holdings
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Contact
•••••@amplerbikes.com
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Web3 crypto platform.
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Latest Funding
$30 Million · Seed
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Industries
Fintech, Crypto & web3
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Locations
Tallinn
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Employees
11 to 50
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Business Model
SAAS
-
Investors
Hashkey, Anicama capital, Hashed, LongLing Capital
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Contact
•••••@hi.com
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Satellite risk assessment and monitoring system.
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Latest Funding
$2.3 Million · Seed
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Industries
Insuretech
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Locations
Tallinn
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Employees
1 to 10
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Business Model
B2B
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Investors
Inventure, Superangel, Lemonade Stand, Specialist VC
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Contact
•••••@value.space
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Employee immigration and relocation platform.
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Latest Funding
$12 Million · Series A
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Industries
Hiring and Recruitement, Future of Work
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Locations
Tallinn
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Employees
51 to 100
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Business Model
B2B, SAAS
-
Investors
Local Globe, Union Square Ventures, Inventure, AirTree Ventures, Metaplanet Holdings, Karma Venture, Tera Ventures
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Contact
•••••@jobbatical.com
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One-stop-shop checkout platform for ecommerce brnads.
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Latest Funding
$12 Million · Series A
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Industries
Fintech, Ecommerce
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Locations
Tallinn
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Employees
51 to 100
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Business Model
B2B, SAAS
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Investors
Index Ventures, Superangel, Gorilla Capital, Tera Ventures, Startup Wise Guys
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Contact
•••••@montonio.com
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Language learning platform.
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Latest Funding
$5.9 Million
-
Industries
Edtech, Creative Tools
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Locations
Tallinn
-
Employees
11 to 50
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Business Model
B2C, FREEMIUM, SAAS
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Investors
Inventure, Techstars, Rakuten Capital, Prototron, Metaplanet Holdings, Tera Ventures, Rockaway Capital
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Contact
•••••@lingvist.com
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AI-powered customer service platform.
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Latest Funding
$12 Million · Series A
-
Industries
AI, CRM
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Locations
Tallinn
-
Employees
51 to 100
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Business Model
B2B, SAAS
-
Investors
Creandum, Global Founders Capital (GFC), Acton Capital, Icebreaker
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Contact
•••••@klausapp.com
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Real estate financing and investment platform.
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Latest Funding
$6.9 Million · Series A
-
Industries
Proptech & Real Estate, Investing
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Locations
Tallinn
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Employees
101 to 250
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Business Model
MARKETPLACE, B2C
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Investors
Speedinvest, Verve Ventures, Startup Wise Guys
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Contact
•••••@estateguru.co
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White-label SaaS shipping platform.
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Latest Funding
$3 Million · Seed
-
Industries
Ecommerce, Supply Chain & Logistics
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Locations
Tallinn
-
Employees
11 to 50
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Business Model
B2B, SAAS
-
Investors
Change Ventures, Lemonade Stand
-
Contact
•••••@outvio.com
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Social ecommerce platform.
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Latest Funding
$2.2 Million · Seed
-
Industries
Fashion, Ecommerce
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Locations
Tallinn
-
Employees
1 to 10
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Business Model
B2C, MARKETPLACE
-
Investors
Specialist VC, Startup Wise Guys
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Contact
•••••@yaga.ee
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Crypto exchange.
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Latest Funding
$25 Million · Series B
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Industries
Crypto & web3
-
Locations
Tallinn
-
Employees
251 to 500
-
Contact
•••••@centurioninvest.com
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NFT-based gaming platform.
-
Latest Funding
$2.8 Million · Seed
-
Industries
Crypto & web3, Gaming, Sportstech
-
Locations
Tallinn
-
Employees
11 to 50
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Business Model
B2C, MARKETPLACE
-
Investors
Shima Capital
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Contact
•••••@cryptofightclub.io
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Custom-branded jewelry manufacturers for artists, and creators.
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Latest Funding
$2.1 Million · Seed
-
Industries
Fashion, Manufacturing
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Locations
Tallinn
-
Employees
1 to 10
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Business Model
B2B, B2C, MARKETPLACE
-
Investors
Change Ventures, Superhero Capital
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Contact
•••••@cloudfactory.jewelry
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Crypto payment platform.
-
Latest Funding
$5 Million · Seed
-
Industries
Fintech, Crypto & web3, Payments
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Locations
Tallinn
-
Employees
11 to 50
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Business Model
B2B, SAAS
-
Investors
Element Ventures, Digital Horizon
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Contact
•••••@wert.io
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Freelancer management platform.
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Latest Funding
$8.6 Million · Series A
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Industries
Fintech, Manufacturing
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Locations
Tallinn
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Employees
51 to 100
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Business Model
B2B
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Investors
DeepTech & Climate Fonds (DTCF), Karma Venture, Id4 ventures, Paua Ventures
-
Contact
•••••@xolo.io
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AI-driven platform for food safety compliance.
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Latest Funding
$2.3 Million
-
Industries
Foodtech, AI, Privacy and Security
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2B, SAAS
-
Investors
Bonnier Ventures, Spring Capital, Specialist VC, Forward VC
-
Contact
•••••@fooddocs.com
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RecruitLab is a recruiter-centric marketing and applicant tracking software.
-
Latest Funding
$1.9 Million · Seed
-
Industries
Hiring and Recruitement, Sales and Marketing
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Locations
Tallinn
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Employees
1 to 10
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Business Model
B2B, SAAS
-
Investors
Change Ventures, Superangel
-
Contact
•••••@recruitlab.co.uk
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A.I. driven talent analytics platform for executive search professionals
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Latest Funding
$1.5 Million
-
Industries
Hiring and Recruitement, Data and Analytics, Business Intelligence
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Locations
Tallinn
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Investors
Spring Capital, Black Pearls VC
-
Contact
•••••@teamscope.io
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Single.Earth is a fintech startup tokenizing the world's nature to make it the new gold
-
Latest Funding
$7.9 Million · Seed
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Industries
Climate Tech & Green Tech, Fintech, Agritech
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Locations
Tallinn
-
Employees
11 to 50
-
Business Model
B2B, MARKETPLACE
-
Investors
EQT Ventures, Icebreaker
-
Contact
•••••@single.earth
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Reward token SaaS platform.
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Latest Funding
$4 Million · Seed
-
Industries
Business Intelligence, Developer Tools
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Locations
Tallinn
-
Employees
1 to 10
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Business Model
B2B, SAAS
-
Investors
Local Globe, Plural, Tiny VC
-
Contact
•••••@koos.io
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Woola uses leftover sheep wool to replace bubble wrap.
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Latest Funding
$2.8 Million · Seed
-
Industries
Energy & Nuclear, Manufacturing, Ecommerce, Supply Chain & Logistics
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Locations
Tallinn
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
Atomico, Lemonade Stand
-
Contact
•••••@woola.io
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Camera-based platform for acquisition and analysis of vital signs.
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Latest Funding
$2 Million · Seed
-
Industries
Health Tech, Hardware, Business Intelligence, Wearables
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Locations
Tallinn
-
Employees
11 to 50
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Business Model
B2B
-
Investors
Superhero Capital
-
Contact
•••••@mxlabs.ai
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99math is e-sports in school math! Global online tournaments for kids. They get excited and start achieving in math.
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Latest Funding
$2.1 Million
-
Industries
Edtech, Gaming, Sportstech
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Locations
Tallinn
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Employees
1 to 10
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Business Model
B2C
-
Investors
Change Ventures, Play Ventures, Flyer One Ventures
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Contact
•••••@99math.com
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Extremely fast CIs.
-
Latest Funding
$500 Thousand · Pre Seed
-
Industries
Developer Tools
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Locations
Tallinn
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Employees
1 to 10
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Business Model
B2B, SAAS
-
Investors
Y Combinator
-
Contact
•••••@buildjet.com
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AR/VR coding education for children.
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Latest Funding
$1.1 Million · Seed
-
Industries
Edtech
-
Locations
Tallinn
-
Employees
11 to 50
-
Investors
Credo Ventures
-
Contact
•••••@bloomcoding.ro
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Solar roofs manufacturer.
-
Latest Funding
$6.8 Million · Series A
-
Industries
Climate Tech & Green Tech, Manufacturing
-
Locations
Tallinn
-
Employees
51 to 100
-
Business Model
B2C
-
Contact
•••••@roofit.solar
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Katana is a manufacturing and inventory software for scaling businesses.
-
Latest Funding
$11 Million · Series A
-
Industries
Manufacturing
-
Locations
Tallinn
-
Employees
11 to 50
-
Contact
•••••@katanamrp.com
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Sales and Marketing Workflow Platform
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Latest Funding
$1.3 Million
-
Industries
Adtech, Media and Entertainement, Data and Analytics, Sales and Marketing, CRM
-
Locations
Tallinn
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Investors
byFounders, Lemonade Stand, Paua Ventures
-
Contact
•••••@outfunnel.com
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Yera is an employee engagement tool.
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Latest Funding
$550 Thousand · Seed
-
Locations
Tallinn
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Investors
Specialist VC
-
Contact
•••••@yera.io
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10Lines is developing autonomous parking lot marking robots and technological solutions in the industry of pavement marking.
-
Latest Funding
$830 Thousand · Seed
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Industries
Deep Tech, Mobility & Transportation, Robotics, Navigation and Mapping, Manufacturing, Internet of Things
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Locations
Tallinn
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Employees
1 to 10
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Business Model
B2B
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Investors
Tera Ventures
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Contact
•••••@10-lines.com
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The ecosystem of cryptocurrency payment solutions.
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Latest Funding
$7.5 Million · Series A
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Industries
Fintech
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Locations
Tallinn
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Employees
51 to 100
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Contact
•••••@mercuryo.io
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Crypto trading platform.
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Latest Funding
$50 Million
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Industries
Fintech, Crypto & web3
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Locations
Tallinn
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Employees
1 to 10
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Business Model
B2B, SAAS
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Contact
•••••@bitlevex.com
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Cachet is a financial services marketplace on a mission to create a better, healthier platform economy.
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Latest Funding
$5.7 Million · Series A
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Industries
Fintech
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Locations
Tallinn
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Employees
11 to 50
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Contact
•••••@cachet.me
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AI-assisted vehicle verification that is quick, easy and trustworthy.
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Latest Funding
$1 Million · Seed
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Industries
Fintech, AI, Mobile, Mobility & Transportation, Business Intelligence
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Locations
Tallinn
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Employees
1 to 10
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Business Model
B2B, SAAS
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Investors
Plug and Play Spain, Startup Wise Guys
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Contact
•••••@drivex.ee
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Timbeter is a solution for quick and accurate timber measurement and data management.
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Latest Funding
$540 Thousand · Seed
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Industries
Agritech, Mobile, Business Intelligence, Developer Tools
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Change Ventures
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Contact
•••••@timbeter.com
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HotelBuddy offers a unified solution digitizing hotel guest journeys from check-in to check-out contactless.
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Latest Funding
$430 Thousand · Pre Seed
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Industries
Travel Tech, Mobile, Community & Lifestyle
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Locations
Tallinn
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Startup Wise Guys
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Contact
•••••@hotelbuddy.eu
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