Top 50 Albania Startups to Watch in 2026
Albania's business landscape is largely defined by established players in the financial and energy industries. This is highlighted by companies like the state-owned energy provider OSHEE, which has secured €70M in funding.
Alongside these established firms, a new generation of technology companies is beginning to take shape. This includes e-commerce platform Gjirafa with its $13.7M in funding and newer fintechs like Rubicon.
Below is our list of 50 Albania startups worth keeping an eye on.
Failory's Top 10 Picks
As one of the largest private investment groups in the Western Balkans, Balfin Group develops and manages a wide range of assets. Their portfolio spans numerous industries including real estate, retail, mining, banking, and tourism.
| Headquarters | Tirana, Tirane, Albania |
| Year Founded | 1993 |
| Founders | — |
| Funding Amount | €26M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Debt Financing |
| Top Investors | European Bank for Reconstruction and Development, Intesa Sanpaolo Bank Albania |
Gjirafa has built a video content and e-commerce platform that serves as a digital hub for the Balkans. Its core technology is a search engine specialized for the Albanian language, which powers everything from news to online shopping.
| Headquarters | Tirana, Tirane, Albania |
| Year Founded | 2013 |
| Founders | Diogjen Elshani, Ercan Canhasi, Mergim Cahani |
| Funding Amount | $13.7M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | U.S. International Development Finance Corp, StartupYard, Rockaway Capital |
As Albania's state-owned energy enterprise, OSHEE manages and operates the country's entire power distribution network. They are responsible for maintaining the electrical grid and ensuring a consistent power supply to the nation.
| Headquarters | Tirana, Tirane, Albania |
| Year Founded | 2007 |
| Founders | Adrian Çela |
| Funding Amount | €70M |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Debt Financing |
| Top Investors | European Bank for Reconstruction and Development |
Intesa Sanpaolo Bank Albania provides a full range of banking and financial services for individuals, small businesses, and corporate clients. As a member of the international Intesa Sanpaolo Group, the bank is recognized as one of the leading financial institutions in Albania.
| Headquarters | Tirana, Tirane, Albania |
| Year Founded | 2008 |
| Founders | Mohd Fairuz Razi bin Sharuddin |
| Funding Amount | €9M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | European Bank for Reconstruction and Development |
AON engineers and installs comprehensive power systems designed for industrial and commercial use. Their product lineup includes generators, battery UPS systems, and voltage stabilizers to provide clients with reliable power management.
| Headquarters | Tirana, Tirane, Albania |
| Year Founded | 2017 |
| Founders | — |
| Funding Amount | — |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | — |
| Top Investors | — |
Union Bank Albania operates as a commercial bank in Albania, offering a range of financial services to individuals and businesses. They emphasize accessible banking through a combination of traditional branch services and modern digital platforms.
| Headquarters | Tirana, Tirane, Albania |
| Year Founded | 2006 |
| Founders | Mohd Fairuz Razi bin Sharuddin |
| Funding Amount | €6M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | European Bank for Reconstruction and Development |
FED invest operates as a savings and credit association in Albania, offering a range of financial, non-financial, and banking services. The institution provides loans and other financial instruments to support the development of individuals and businesses across the country.
| Headquarters | Tirana, Tirane, Albania |
| Year Founded | 1992 |
| Founders | — |
| Funding Amount | €10M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | Council of Europe Development Bank |
Beachmaster builds a SaaS platform for beach businesses, helping them manage payments and mobile bookings for amenities like sunbeds and water sports. The software is designed to digitize and simplify operations for vendors in the tourism and travel industry.
| Headquarters | Tirana, Tirane, Albania |
| Year Founded | 2024 |
| Founders | Fatbardh Hysa |
| Funding Amount | $130k |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Seed |
| Top Investors | — |
Rubicon developed a payment processing network called PAGO to help businesses accept a wide range of digital payments. Their platform provides financial solutions that enable companies to process transactions instantly and securely.
| Headquarters | Tirana, Tirane, Albania |
| Year Founded | 2020 |
| Founders | Armand Brahaj |
| Funding Amount | €454k |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Pre-Seed |
| Top Investors | — |
DuaNjoftime.com runs an online classifieds platform for users to post and find listings for everything from jobs and real estate to cars and electronics. The service acts as a digital marketplace connecting people with business opportunities, local services, and general information.
| Headquarters | Tirana, Tirane, Albania |
| Year Founded | 2020 |
| Founders | Erjon Sula |
| Funding Amount | $70k |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Series A |
| Top Investors | — |
40 Additional Albania Startups Worth Following
The top 10 are just a small slice of what’s happening across Albania right now. Founders are building new businesses everywhere, with many focusing on enterprise software, fintech, and AI.
Many of these ventures are quite young, but some are already securing their first round of funding. Here’s a look at the other companies that are helping define Albania's startup ecosystem.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
 Baboon - Food Delivery | Logistics | 2015 | €500k | Seed |
 Doll'App | AI | 2024 | €10k | Grant |
 Shkolla365 | SaaS | 2022 | €10k | Seed |
 Mott MacDonald | Enterprise | 1866 | — | — |
 Hades Security Group | Security | 2023 | $1k | Pre-Seed |
 Patoko | Media | 2022 | — | Seed |
 Publer | Media | 2015 | — | — |
 Julius Meinl | Food | 1862 | — | — |
 MerrJep.al | Mobility | 2008 | — | — |
 Smartwork | Cloud | 2017 | — | — |
 DigitSapiens | Enterprise | 2020 | — | — |
 We Are Fiber | Enterprise | 2009 | — | — |
 MaxAl | AI | 2016 | — | — |
 EasyPay | Fintech | 2010 | — | — |
 DigitAlb | Media | 2004 | — | — |
 We Are Fiber | Enterprise | 2009 | — | — |
 Facilization | Fintech | 2009 | — | — |
 Gazeta Panorama | Marketing | 2002 | — | — |
 ServiBaños | Manufacturing | — | — | — |
 Kmy | Retail | 1992 | — | — |
 TheOptimizer | Marketing | 2016 | — | — |
 TIBO | Infrastructure | 2013 | — | — |
 Bank of Albania | Fintech | 1912 | — | — |
 Albafilters | Environment | 2024 | — | — |
 Wolf Technologies | AI | 2020 | — | — |
 POKPAY | Fintech | 2021 | — | — |
 American Computers | Hardware | 2004 | — | — |
 duapune.com | Enterprise | 2015 | — | — |
 Rent From Locals | Media | 2023 | — | — |
 Dev.al | Marketing | 2010 | — | — |
 Henotics | Education | 2023 | — | — |
 R&T Advertising | Marketing | 1997 | — | — |
 Njoftime.com | Marketing | 2004 | — | — |
 Nullius in Verba | AI | 2023 | — | — |
 Stefani & Co | Food | 1990 | — | — |
 Water Boutiques | Enterprise | 2018 | — | — |
 United Bank of Albania | Fintech | 1993 | — | — |
 Sondor Travel | Travel | 1991 | — | — |
 Atis | Infrastructure | 2013 | — | — |
 Abkons | Enterprise | 2006 | — | — |
