Germany is home to 39 unicorn startups. The list includes AI defense firm Helsing, valued at $14B, and process mining software Celonis, which has raised $2.4B.
The country's startup ecosystem also shows depth in the FinTech sector. Mobile banking company N26, for example, holds a valuation of $9.23B.
Below is the full list of 39 Germany unicorn startups at this time.
Top 10 Most Valuable Germany Unicorns
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250 Fintech Investors
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Get the Sheet for $50Helsing builds artificial intelligence software for defense systems, designed to give democratic nations a technological edge. Their platform processes real-time sensor data from multiple sources to create a unified operational picture for military forces.
| Valuation | $14B (Joined September 2023) |
| Headquarters | Berlin, Berlin, Germany |
| Year Founded | 2021 |
| Founders | Gundbert Scherf, Niklas Köhler, Torsten Reil |
| Funding Amount | €1.4B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | Lightspeed Venture Partners, Plural, Accel, BDT & MSD Partners, General Catalyst |
Celonis builds a process intelligence platform that helps businesses analyze their internal operations to find and fix hidden inefficiencies. Their execution management system uses process mining technology to reveal how work actually flows across the organization.
| Valuation | $13B (Joined June 2018) |
| Headquarters | Munich, Bayern, Germany |
| Year Founded | 2011 |
| Founders | Alexander Rinke, Bastian Nominacher, Martin Klenk |
| Funding Amount | $2.4B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series D |
| Top Investors | TCV, Accel, Franklin Templeton, Deutsche Bank, Bank of America |
N26 built a mobile-first bank to give users a simple and transparent way to manage their money. Their platform offers a full banking experience through a smartphone app, complete with a free bank account and debit card.
| Valuation | $9.23B (Joined January 2019) |
| Headquarters | Berlin, Berlin, Germany |
| Year Founded | 2013 |
| Founders | Maximilian Tayenthal, Valentin Stalf |
| Funding Amount | $1.7B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series E |
| Top Investors | Coatue, Plug and Play, Battery Ventures, redalpine, Insight Partners |
Personio builds a comprehensive HR software platform tailored for small and medium-sized enterprises. Their system streamlines core HR processes, including recruiting, payroll, and employee data management.
| Valuation | $8.5B (Joined January 2021) |
| Headquarters | Munich, Bayern, Germany |
| Year Founded | 2015 |
| Founders | Arseniy Vershinin, Hanno Renner, Ignaz Forstmeier, Jonas Rieke, Roman Schumacher |
| Funding Amount | $724.3M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series E |
| Top Investors | Lightspeed Venture Partners, Index Ventures, Visionaries Club, Accel, Northzone |
Trade Republic built a mobile trading platform to give Europeans simple and low-cost access to financial markets. Their app offers commission-free investing in a wide range of assets, including stocks, ETFs, and cryptocurrencies.
| Valuation | $5.36B (Joined May 2021) |
| Headquarters | Berlin, Berlin, Germany |
| Year Founded | 2015 |
| Founders | Christian Hecker, Marco Cancellieri, Thomas Pischke |
| Funding Amount | $1.3B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | Sequoia Capital, TCV, Founders Fund, Creandum, Accel |
Wefox provides a digital platform that connects insurance companies, brokers, and customers through a single ecosystem. Their technology is designed to streamline the entire insurance process, from sales to claims, for all parties involved.
| Valuation | $5B (Joined March 2019) |
| Headquarters | Berlin, Berlin, Germany |
| Year Founded | 2015 |
| Founders | Amir Suissa, Daniel S. H. Kershaw, Dario Fazlic, Fabian Wesemann, Jonathan Seoane, Julian Teicke, Teodoro Martino |
| Funding Amount | $1.7B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | Lightrock, Goldman Sachs, Speedinvest, Salesforce Ventures, Deutsche Bank |
Qontigo develops financial intelligence solutions that modernize investment management, from risk analysis to portfolio return. They are known for their flagship STOXX and DAX indices, along with the Axioma platform for portfolio optimization and risk analytics.
| Valuation | $4B |
| Headquarters | Eschborn, Hessen, Germany |
| Year Founded | 2019 |
| Founders | Iulian C. |
| Funding Amount | $720M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | General Atlantic |
n8n builds a workflow automation platform designed to connect disparate tools and services. They integrate AI capabilities directly into the automation process, allowing users to create more sophisticated and intelligent business workflows.
| Valuation | $3B (Joined October 2025) |
| Headquarters | Berlin, Berlin, Germany |
| Year Founded | 2019 |
| Founders | Jan Oberhauser |
| Funding Amount | $259.3M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Automattic, Highland Europe, Felicis, Sequoia Capital, Accel |
Contentful offers a composable content platform that acts as a central hub for creating and managing digital experiences. Their API-first system allows developers to deliver this content across any channel, from websites to mobile apps.
| Valuation | $3B (Joined July 2021) |
| Headquarters | Berlin, Berlin, Germany |
| Year Founded | 2013 |
| Founders | Paolo Negri, Sascha Konietzke |
| Funding Amount | $349.6M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series F |
| Top Investors | Sapphire Ventures, Salesforce Ventures, Benchmark, General Catalyst, Tiger Global Management |
FlixBus operates a technology platform for booking affordable intercity bus travel across its extensive network. They are known for their low fares and a simple booking experience through their website and mobile app.
| Valuation | $3B |
| Headquarters | Munich, Bayern, Germany |
| Year Founded | 2011 |
| Founders | Andre Schwammlein, Daniel Krauss, Jochen Engert |
| Funding Amount | $1.2B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | TCV, BlackRock, General Atlantic, Cherry Ventures, European Investment Bank |
The Remaining 29 Unicorns Founded in Germany
The ten most valuable companies are just the tip of the iceberg for Germany's startup scene. Many other founders are building businesses that are quickly becoming leaders in their fields.
You'll see a lot of them are in mobility and AI, and together they have raised billions of dollars. Here’s a look at the rest of the unicorn startups shaping Germany’s future.