Top 51 Baku Startups to Watch in 2026
Baku's business landscape features established players in finance and energy alongside a growing number of technology startups.
Financial institutions like Ziraat bank have secured significant funding, with one raising $1.2B. Newer ventures are also attracting investment, such as the fitness app Push30 which raised $4.1M.
Below is our list of 51 Baku startups worth keeping an eye on.
Failory's Top 10 Picks
As the state-owned energy company of Azerbaijan, SOCAR manages the exploration, production, and processing of the nation's oil and gas fields. They also run an integrated global operation that includes the marketing and retail distribution of petroleum and petrochemical products.
| Year Founded | 1992 |
| Founders | — |
| Funding Amount | $480M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | European Bank for Reconstruction and Development, Asian Development Bank, Asian Infrastructure Investment Bank |
Ziraat Bank offers a wide array of financial services for both personal and business banking needs. Their products span from corporate credit and cash loans to digital banking platforms and credit card services.
| Year Founded | 2014 |
| Founders | — |
| Funding Amount | $1.2B |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | — |
Kapital Bank operates as Azerbaijan's largest financial institution, offering a wide array of banking services to both individuals and businesses. They are also driving digital banking in the region with their neobank app, Birbank.
| Year Founded | 1874 |
| Founders | — |
| Funding Amount | AZN50M |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Debt Financing |
| Top Investors | — |
TuranBank OJSC provides a comprehensive suite of banking services tailored for both corporate and retail customers. Their offerings include a variety of products from personal loans and deposits to business financing solutions.
| Year Founded | 1992 |
| Founders | — |
| Funding Amount | $25M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | Equator Capital Partners, BlueOrchard Finance S A, ICD-PS |
Clopos developed an all-in-one, cloud-based point-of-sale system specifically for the restaurant industry. Their platform helps businesses manage daily operations by streamlining payments, orders, and inventory management.
| Year Founded | 2018 |
| Founders | Kamran Eyubov, Murad Hasanov, Reyal Savalanov |
| Funding Amount | $800k |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Seed |
| Top Investors | Next Business Angels, White Hill Capital, Caucasus Ventures, SABAH.fund, Toghrul Samad |
Push30 developed a mobile application that provides users with unlimited access to a network of gyms and fitness venues. Their platform works on a single-membership model, giving people the flexibility to work out at various locations with one subscription.
| Year Founded | 2019 |
| Founders | — |
| Funding Amount | $4.1M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | White Hill Capital, Caucasus Ventures, AloqaVentures |
KoliPlus operates a freight forwarding service that connects online shoppers in Azerbaijan with retailers in Turkey. They provide customers with a local Turkish address for their purchases and then manage the cross-border shipping and delivery.
| Year Founded | 2021 |
| Founders | Nicat Manafov |
| Funding Amount | $230k |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Backup Ventures |
Glorri builds a software platform that helps recruiting teams manage their candidate pipeline and avoid costly hiring mistakes. The tool focuses on streamlining the entire hiring process for human resources professionals.
| Year Founded | 2020 |
| Founders | — |
| Funding Amount | $250k |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Seed |
| Top Investors | 500 Global, Activat VC, Lotfi Zadeh Global |
Saloglu creates and retails a broad collection of furniture and home decor pieces. They manage the entire process from production to sales, making them a leading name in their industry.
| Year Founded | 2000 |
| Founders | — |
| Funding Amount | $11.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Debt Financing |
| Top Investors | European Bank for Reconstruction and Development |
VR HOME is building a VR/AR marketplace for real estate, furniture, and home accessories. Their platform allows people to virtually tour properties and use augmented reality to visualize how items will look in a space before buying.
| Year Founded | 2022 |
| Founders | — |
| Funding Amount | $4M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Seed |
| Top Investors | FasterCapital |
41 Additional Baku Startups Worth Following
The top ten are just a small slice of what’s happening in Baku right now. Founders are building new companies in a wide range of areas, including education, retail, and AI.
Most are in their early stages, just starting to raise money and find their place. Below is a look at the other startups that make up Baku's growing scene.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
 Relink | Marketing | 2024 | $100k | Pre-Seed |
 Vulecc | Security | 2022 | $60k | Angel |
 iSavvy Education | Hardware | 2022 | $50k | Angel |
 Datly | Analytics | 2024 | $5k | Pre-Seed |
 PolyDream Studio | Gaming | 2022 | $200k | Pre-Seed |
 Hirelamp | Education | 2022 | $15k | Pre-Seed |
 Kanba | SaaS | 2025 | $20k | Seed |
 Green Guest | AgTech | 2025 | $10k | Pre-Seed |
 Performance MS | Education | 2024 | $25k | Angel |
 Myers Krause | Marketing | 2020 | $48k | Pre-Seed |
 Azerbaijan Airlines | Mobility | 1992 | — | — |
 KidFi | Media | 2022 | $15k | Pre-Seed |
 RUNNER | Logistics | 2018 | $35k | Seed |
 Tenter | AI | 2022 | $15k | Pre-Seed |
 Skolyn | Other | 2025 | $10k | Angel |
 Owbike | Marketing | 2017 | $361k | Seed |
 Stubie | Education | 2021 | $15k | Pre-Seed |
 Skaut | Crypto | 2021 | $15k | Seed |
 BonPini | Marketing | 2019 | $35k | Pre-Seed |
 Korteya | Fashion | 2024 | $15k | Pre-Seed |
 Eco City | AI | 2021 | $10.3k | Seed |
 2walk | Media | 2022 | $15k | Pre-Seed |
 Enjooy | Retail | 2022 | $15k | Pre-Seed |
 Tutor.az | Education | 2022 | $15k | Pre-Seed |
 Azercell | Hardware | 1996 | — | — |
 Medico | Healthcare | 2022 | $15k | Pre-Seed |
 Pasha Holding | Fintech | 2006 | — | — |
 Wed.az | Retail | 2019 | $15k | Pre-Seed |
 BrainsBattle | Education | 2025 | $7.6k | Pre-Seed |
 2find | Retail | 2021 | $6.7k | Pre-Seed |
 DIY.AZ | Retail | 2018 | AZN25k | Pre-Seed |
 Baku Steel Company | Manufacturing | 2001 | — | — |
 Baku Shipyard | Manufacturing | 2010 | — | — |
 MyBostan - Fresh Store | Retail | 2017 | $5k | — |
 Azerbaijan Tourism Board | Marketing | 2018 | — | — |
 Azerbaijan Railways | Logistics | 1880 | — | — |
 Heydar Aliyev International Airport | Mobility | — | — | — |
 FemTech | Education | — | — | — |
 PashaPay | Fintech | 2022 | — | — |
 PASHA Bank | Fintech | 2007 | — | — |
 Azerconnect | Infrastructure | 2013 | — | — |
