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The 4 Unicorns Founded in Finland [Updated 2023]

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There’s no doubt that the startup scene in Finland is unique.

The country has created dozens of successful startups, over the years. Some of them are already worth billions of dollars.

So whether you’re looking to start your own business, or just interested in learning about unicorns, here’s the complete list of 4 unicorn companies in Finland.

The 4 Unicorns in Finland

Accelerators & Incubators List
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2,658 Accelerators & Incubators

Information about the industries, stages and countries they generally invest in.

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Complete Unicorns List
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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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Complete Unicorns List
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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Get the Sheet for $50

1) Relex Soltuions

Relex Soltuions

Relex Solutions offer an intergrated retail and supply chain planning system that delivers results for customers worldwide

Details of the startup:

  • Valuation: $5.70B (February 2022)
  • State: Southern Finland
  • City: Helsinki
  • Started in: 2005
  • Founders: Johanna SmÃ¥ros, Michael Falck, Mikko Kärkkäinen
  • Industries: Enterprise Software, Retail, Retail Technology, Software
  • Number of employees: 1001-5000
  • Funding: $804.05M
  • Funding rounds: 5
  • Number of investors: 4

You can find their website here.

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2) Oura

Oura

Oura developed the Oura Ring, a smart ring that provides personalised health data, insights, and daily guidance.

Details of the startup:

  • Valuation: $2.55B (April 2022)
  • State: Oulu
  • City: Oulu
  • Started in: 2013
  • Founders: Kari Kivela, Markku Koskela, Petteri Lahtela
  • Industries: Apps, Health Care, Mobile Apps, Wearables, Wellness
  • Number of employees: 501-1000
  • Funding: $148.30M
  • Funding rounds: 9
  • Number of investors: 39

You can find their website here.

3) Aiven

Aiven

Aiven is a cloud-based IT firm that handles open-source data infrastructure.

Details of the startup:

  • Valuation: $2.00B (October 2021)
  • City: Helsinki
  • Started in: 2016
  • Founders: Hannu Valtonen, Heikki Nousiainen, Mika Eloranta, Oskari Saarenmaa
  • Industries: Cloud Data Services, Cloud Infrastructure, Database, Software
  • Number of employees: 250-500
  • Funding: $209.93M
  • Funding rounds: 5
  • Number of investors: 7

You can find their website here.

4) HMD Global

HMD Global

HMD designs and produces quality mobile phones. They combine advanced tech with excellent quality for the best possible user experience.

Details of the startup:

  • Valuation: $1.00B (May 2018)
  • City: Espoo
  • Started in: 2016
  • Founders: Jean-Francois Baril
  • Industries: Consumer Electronics, Customer Service, Manufacturing, Mobile Devices, Product Design
  • Number of employees: 500-1,000
  • Funding: $330.00M
  • Funding rounds: 2
  • Number of investors: 6

You can find their website here.

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