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The 24 Unicorn Startups Founded in Germany

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On Deck is where top talent comes to accelerate their ideas and build companies, surrounded by a world-class community.

There’s no doubt that the startup scene in Germany 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 24 unicorn companies in Germany.

The 24 Unicorns in Germany

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On Deck is where top talent comes to accelerate their ideas and build companies, surrounded by a world-class community.

Celonis

Celonis

Celonis is an innovative, fast-growing software company that develops enterprise software solutions for improving business performance through better process execution.

Details of the startup:

  • Valuation:

    $11.00

    B (

    June 2018

    )

  • Country:

    Germany

  • City:

    Munich

  • Started in:

    2011

  • Founders:

    Alexander Rinke, Bastian Nominacher, Martin Klenk

  • Industries:

    Analytics, Business Intelligence, SaaS, Software

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,367.50M

  • Number of funding rounds:

    4

  • Number of investors:

    10

here

N26

N26

N26 is an online bank that offers mobile banking to customers within the European Union.

Details of the startup:

  • Valuation:

    $9.23

    B (

    January 2019

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2013

  • Founders:

    Maximilian Tayenthal, Valentin Stalf

  • Industries:

    Banking, Finance, Financial Services, FinTech

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,722.36M

  • Number of funding rounds:

    10

  • Number of investors:

    22

here

Personio

Personio

Personio is a cloud-based HR management and recruiting platform that empowers employers with the tools they need to attract, track, and build effective teams.

Details of the startup:

  • Valuation:

    $6.30

    B (

    January 2021

    )

  • Country:

    Germany

  • City:

    Munich

  • Started in:

    2015

  • Founders:

    Arseniy Vershinin, Hanno Renner, Ignaz Forstmeier, Ignaz Forstmeier, Roman Schumacher

  • Industries:

    Employment, Human Resources, Recruiting, SaaS

  • Number of employees:

    500-1,000

  • Funding Amount:

    $524.83M

  • Number of funding rounds:

    6

  • Number of investors:

    20

here

Trade Republic

Trade Republic

Trade Republic empowers millions of Europeans for wealth creation through easy, secure & free access to financial markets.

Details of the startup:

  • Valuation:

    $5.30

    B (

    May 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2015

  • Founders:

    Christian Hecker, Marco Cancellieri, Thomas Pischke

  • Industries:

    Cryptocurrency, Finance, Financial Services, FinTech, Mobile, Trading Platform

  • Number of employees:

    250-500

  • Funding Amount:

    $986.88M

  • Number of funding rounds:

    4

  • Number of investors:

    9

here

Otto Bock HealthCare

Otto Bock HealthCare

Ottobock is a global manufacturer of advanced prosthetic and orthotic medical devices for people with mobility challenges.

Details of the startup:

  • Valuation:

    $3.52

    B (

    June 2017

    )

  • Country:

    Germany

  • City:

    Duderstadt

  • Started in:

    1919

  • Founders:

    Otto Bock

  • Industries:

    Health Care, Medical Device

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $815.49M

  • Number of funding rounds:

    2

  • Number of investors:

    2

here

Gorillas

Gorillas

Gorillas is an on-demand grocery and household items delivery service that allows customers to order online from local, independent merchants.

Details of the startup:

  • Valuation:

    $3.10

    B (

    March 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2020

  • Founders:

    Jörg Kattner, Kağan Sümer, Ronny Shibley, Ugur Samut

  • Industries:

    Delivery, Delivery Service, E-Commerce, Grocery

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,335.46M

  • Number of funding rounds:

    5

  • Number of investors:

    19

here

Contentful

Contentful

Contentful offers a headless content management system that helps organizations deliver content across channels.

Details of the startup:

  • Valuation:

    $3.00

    B (

    July 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2013

  • Founders:

    Paolo Negri, Sascha Konietzke

  • Industries:

    Cloud Computing, Content, Developer Tools, SaaS

  • Number of employees:

    500-1,000

  • Funding Amount:

    $331.00M

  • Number of funding rounds:

    10

  • Number of investors:

    18

here

FlixMobility

FlixMobility

FlixBus is an online platform that combines a great experience with premium tech and effective IT systems.

Details of the startup:

  • Valuation:

    $3.00

    B (

    July 2019

    )

  • Country:

    Germany

  • City:

    Munich

  • Started in:

    2013

  • Founders:

    Andre Schwammlein, Daniel Krauss, Jochen Engert

  • Industries:

    E-Commerce, Public Transportation, Transportation, Travel

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,211.00M

  • Number of funding rounds:

    7

  • Number of investors:

    16

here

Flink

Flink

Flink is an online startup that offers grocery deliveries in ten minutes.

Details of the startup:

  • Valuation:

    $2.85

    B (

    December 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2021

  • Founders:

    Christoph Cordes, Julian Dames, Nikolas Bullwinkel, Oliver Merkel, Saad Saeed

  • Industries:

    E-Commerce, Food and Beverage, Food Delivery, Grocery

  • Number of employees:

    5,000-10,000

  • Funding Amount:

    $1,042.00M

  • Number of funding rounds:

    4

  • Number of investors:

    10

here

NuCom Group

NuCom Group

NuCom is an agency that provides a combination of services to its clients. These are content, commerce, and operational excellence.

Details of the startup:

  • Valuation:

    $2.20

    B (

    February 2018

    )

  • Country:

    Germany

  • City:

    Unterfoehring

  • Started in:

    2016

  • Founders:

    No Data

  • Industries:

    Consumer, E-Commerce, Lifestyle

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $550M

  • Number of funding rounds:

    1

  • Number of investors:

    1

here

Tier

Tier

TIER Mobility is a micro-mobility company that provides sustainable ride-sharing solutions to its customers.

Details of the startup:

  • Valuation:

    $2.00

    B (

    October 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2018

  • Founders:

    Julian Blessin, Lawrence Leuschner, Matthias Laug

  • Industries:

    Electric Vehicle, GreenTech, Ride Sharing, Transportation

  • Number of employees:

    500-1,000

  • Funding Amount:

    $667.38M

  • Number of funding rounds:

    7

  • Number of investors:

    19

here

solarisBank

solarisBank

Solarisbank is a Banking-as-a-Service platform that enables other companies to offer their own financial services via APIs.

Details of the startup:

  • Valuation:

    $1.65

    B (

    July 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2016

  • Founders:

    Andreas Bittner, Marko Wenthin

  • Industries:

    Banking, Financial Services, FinTech, Information Technology

  • Number of employees:

    250-500

  • Funding Amount:

    $402.46M

  • Number of funding rounds:

    5

  • Number of investors:

    21

here

wefox

wefox

Wefox is the world’s first digital insurance company—combining technology and human expertise to give customers a better way to manage, track, and pay for their insurance.

Details of the startup:

  • Valuation:

    $1.65

    B (

    March 2019

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2014

  • Founders:

    Dario Fazlic, Fabian Wesemann, Jonathan Seoane, Julian Teicke, Teodoro Martino

  • Industries:

    FinTech, Insurance, InsurTech, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $924.31M

  • Number of funding rounds:

    6

  • Number of investors:

    38

here

Scalable Capital

Scalable Capital

Scalable Capital is on its way to becoming Europe’s leading digital investment platform.

Details of the startup:

  • Valuation:

    $1.40

    B (

    June 2021

    )

  • Country:

    Germany

  • City:

    Munich

  • Started in:

    2014

  • Founders:

    Adam French, Erik Podzuweit, Florian Prucker, Manuela Rabener, Patrick Poschl, Simon Miller, Stefan Mittnik

  • Industries:

    Asset Management, Financial Services, FinTech

  • Number of employees:

    250-500

  • Funding Amount:

    $314.28M

  • Number of funding rounds:

    6

  • Number of investors:

    10

here

Forto

Forto

Forto is an online platform for freight forwarding.

Details of the startup:

  • Valuation:

    $1.20

    B (

    June 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2016

  • Founders:

    Erik Muttersbach, Fabian Heilemann, Ferry Heilemann, Michael Wax

  • Industries:

    Freight Service, Logistics, Shipping, Software, Supply Chain Management

  • Number of employees:

    500-1,000

  • Funding Amount:

    $365.83M

  • Number of funding rounds:

    5

  • Number of investors:

    15

here

Enpal

Enpal

Enpal is a photovoltaics leasing firm that provides solar power systems for homeowners with no money upfront.

Details of the startup:

  • Valuation:

    $1.10

    B (

    October 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2017

  • Founders:

    Jochen Ziervogel, Mario Kohle, Viktor Wingert

  • Industries:

    Energy, Environmental Consulting, Renewable Energy, Solar

  • Number of employees:

    250-500

  • Funding Amount:

    $750.37M

  • Number of funding rounds:

    10

  • Number of investors:

    24

here

GetYourGuide

GetYourGuide

GetYourGuide is the world’s leading online marketplace for booking tours, activities, and attractions.

Details of the startup:

  • Valuation:

    $1.10

    B (

    May 2019

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2009

  • Founders:

    Johannes Reck, Martin Sieber, Tao Tao, Tobias Rein

  • Industries:

    Consumer Reviews, E-Commerce, Hospitality, Recreation, Tourism, Travel

  • Number of employees:

    500-1,000

  • Funding Amount:

    $884.79M

  • Number of funding rounds:

    12

  • Number of investors:

    35

here

Sennder

Sennder

sennder is a digital freight-forwarding company that empowers commercial shippers to get their goods where they need to go, faster.

Details of the startup:

  • Valuation:

    $1.10

    B (

    January 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2015

  • Founders:

    David Nothacker, Julius Koehler, Nicolaus Schefenacker

  • Industries:

    Freight Service, Industrial Automation, Logistics, Shipping, Supply Chain Management

  • Number of employees:

    500-1,000

  • Funding Amount:

    $310.02M

  • Number of funding rounds:

    9

  • Number of investors:

    20

here

Agile Robots

Agile Robots

Agile Robots is a developer of intelligent robot systems and a provider of application development services.

Details of the startup:

  • Valuation:

    $1.00

    B (

    September 2021

    )

  • Country:

    Germany

  • City:

    Munich

  • Started in:

    2018

  • Founders:

    Peter Meusel, Zhaopeng Chen

  • Industries:

    Artificial Intelligence, Industrial Automation, Robotics

  • Number of employees:

    50-100

  • Funding Amount:

    $350.00M

  • Number of funding rounds:

    4

  • Number of investors:

    15

here

Berlin Brands Group

Berlin Brands Group

Berlin Brands Group is a vertically integrated retailer of audio and lighting, home and living, and consumer electronics.

Details of the startup:

  • Valuation:

    $1.00

    B (

    September 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2005

  • Founders:

    Peter Chaljawski

  • Industries:

    Consumer Electronics, E-Commerce, Retail

  • Number of employees:

    500-1,000

  • Funding Amount:

    $938.71M

  • Number of funding rounds:

    3

  • Number of investors:

    5

here

InFarm

InFarm

Infarm builds and distributes efficient vertical farms throughout cities.

Details of the startup:

  • Valuation:

    $1.00

    B (

    December 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2013

  • Founders:

    Erez Galonska, Guy Galonska, Osnat Michaeli

  • Industries:

    Agriculture, AgTech, Internet of Things, Machine Learning

  • Number of employees:

    250-500

  • Funding Amount:

    $601.59M

  • Number of funding rounds:

    10

  • Number of investors:

    22

here

Razor

Razor

Razor Group is a global consumer holding company that partners with e-commerce merchants to acquire and scale brands.

Details of the startup:

  • Valuation:

    $1.00

    B (

    November 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2020

  • Founders:

    Christoph F. Gamon, Jonas Diezun, Oliver Dlugosch, Shrestha Chowdhury, Tushar Ahluwalia

  • Industries:

    Brand Marketing, Business Development, E-Commerce, Internet, Retail

  • Number of employees:

    100-250

  • Funding Amount:

    $558.71M

  • Number of funding rounds:

    8

  • Number of investors:

    12

here

Omio

Omio

Omio offers a multi-mode price comparison tool allowing travelers to find the best prices among airlines, trains, buses, and rental cars.

Details of the startup:

  • Valuation:

    $1.00

    B (

    October 2018

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2013

  • Founders:

    Naren Shaam

  • Industries:

    Internet, Search Engine, Travel, Travel Accommodations

  • Number of employees:

    250-500

  • Funding Amount:

    $396.00M

  • Number of funding rounds:

    10

  • Number of investors:

    26

here

SellerX

SellerX

SellerX buys and builds Amazon businesses, helping entrepreneurs realise the next stage of their businesses, and their lives.

Details of the startup:

  • Valuation:

    $1.00

    B (

    December 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2020

  • Founders:

    Malte Horeyseck, Philipp Triebel

  • Industries:

    Brand Marketing, Consumer Goods, E-Commerce

  • Number of employees:

    250-500

  • Funding Amount:

    $766.70M

  • Number of funding rounds:

    5

  • Number of investors:

    15

here
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