Harjumaa's startup scene is defined by its wide range of industries, from mobility to financial technology. The region supports both well established companies and new ventures.

Mobility leader Bolt highlights the area's success with $2.3 billion in funding. Meanwhile, companies like Veriff and Stargate Hydrogen show strong growth in the AI and GreenTech sectors.

Below is our list of 64 Harjumaa startups worth keeping an eye on.

Failory's Top 10 Picks

Bolt developed a popular super-app that provides a range of urban mobility services, including ride-hailing, food delivery, and shared scooters. Their platform consolidates these options to offer a convenient and affordable alternative to personal car ownership in cities.

Year Founded2013
FoundersMarkus Villig, Martin Villig, Oliver Leisalu
Funding Amount$2.3B
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusDebt Financing
Top InvestorsEuropean Investment Bank, Citi, Sequoia Capital, Deutsche Bank, International Finance Corporation

Veriff builds an AI-powered identity verification platform to protect businesses from online fraud. Their technology helps companies securely onboard and authenticate users while stopping bad actors.

Year Founded2015
FoundersJaner Gorohhov, Kaarel Kotkas
Funding Amount$192.3M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsAccel, IVP, Y Combinator, SV Angel, Tiger Global Management

Haut.AI provides AI-driven skin analysis technology for the beauty and cosmetics industry. Their SaaS platform allows brands to track vital skin health parameters and offer personalized product recommendations to customers.

Year Founded2018
FoundersAnastasia Georgievskaya, Konstantin Kiselev
Funding Amount$2M
Startup SizeLean Team (11-50)
Last Funding StatusSeed
Top InvestorsLongeVC, Grupo Boticário Ventures

Creem acts as a Merchant of Record for SaaS and indie businesses, providing the financial tools needed to manage payments and compliance. Their platform handles the complexities of payment processing and global sales tax, allowing creators to focus on building their products.

Year Founded2024
Founders
Funding Amount$2M
Startup SizeFounding Team (1-10)
Last Funding StatusPre-Seed
Top InvestorsAntler, Practica Capital, Johan Pietilä Holmner, Martin Olofsson

Hacken delivers comprehensive cybersecurity solutions for the Web3 ecosystem, from smart contract audits to penetration testing. They are recognized as a leading European security firm helping to protect blockchain projects and decentralized applications.

Year Founded2017
FoundersAndrew Matiukhin, Dmytro Shestakov, Dyma Budorin, Yegor Aushev, Yevheniia Broshevan
Funding Amount$2.5M
Startup SizeMid-Size Team (51-250)
Last Funding StatusInitial Coin Offering
Top Investors

Stargate Hydrogen develops turn-key electrolysis solutions for producing green hydrogen with renewable energy. Their systems are designed to help industrial sectors transition to clean energy by enabling on-site hydrogen generation.

Year Founded2021
FoundersMarko Virkebau
Funding Amount$63.7M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsRepsol Corporate Venture, European Commission, GIGA Venture, SmartCap, UG Investments

Hepsor develops residential and commercial real estate with a strong focus on green thinking and modern design. The company's portfolio is characterized by energy-efficient buildings and sustainable construction practices.

Year Founded2011
FoundersAndres Pärloja, Henri Laks
Funding Amount$51M
Startup SizeLean Team (11-50)
Last Funding StatusDebt Financing
Top InvestorsBigbank, LHV Group

Vocal Image builds an AI-powered voice coach to help users improve their communication skills. Their app provides personalized exercises and feedback for developing a more confident and impactful speaking voice.

Year Founded2021
Founders
Funding Amount$4.5M
Startup SizeFounding Team (1-10)
Last Funding StatusSeed
Top InvestorsStartup Wise Guys, Specialist VC, Educapital, G-FUND

Bigbank AS has built a digital bank that provides consumer loans and term deposits to private customers. They operate across several European countries with a focus on accessible financial products.

Year Founded1992
Founders
Funding Amount$30.6M
Startup SizeLarge Team (251-1,000)
Last Funding StatusDebt Financing
Top Investors

Elcogen manufactures solid oxide technology that delivers affordable green hydrogen and emission-free electricity. Their core products, solid oxide cells and stacks, are designed for high efficiency in power generation and green fuel production.

Year Founded2001
FoundersEnn Õunpuu
Funding Amount$145M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsBaker Hughes, European Commission, EASME, SmartCap, Korea Shipbuilding & Offshore Engineering

54 Additional Harjumaa Startups Worth Following

Our top picks offer just a glimpse of the activity happening across Harjumaa. Founders are building in many areas, especially fintech and AI, and have collectively raised over $1.5 billion to grow their ideas.

The companies range from brand new ventures to more established names. Here’s a look at the other startups shaping the region's ecosystem.

StartupIndustryYear FoundedAmount RaisedLast Funding Round
Skeleton Technologies logo Skeleton TechnologiesMobility2009$313.3MSeries E
QANplatform logo QANplatformCrypto2019$17.8MVenture Round
BlackWall logo BlackWallAI2019€57.5MSeries B
Estateguru logo EstateguruFintech2013€12.7MUndisclosed
Tuum logo TuumFintech2019€45MSeries B
Primex Finance logo Primex FinanceCrypto2021$5.7MSeed
Modash.io logo Modash.ioMarketing2018$14.3MSeries A
ÄIO logo ÄIOAgTech2022€9.7MGrant
Katana logo KatanaEnterprise2017$67.4MSeries B
Montonio logo MontonioRetail2018€14.5MSeries A
Binalyze logo BinalyzeSecurity2018$30.8MSeries A
Bisly logo BislySaaS2018€15.8MVenture Round
Lendurai logo LenduraiOther2023€5.6MSeed
Ark Robotics logo Ark RoboticsRobotics2024$8.7MSeed
Miros logo MirosAI2021€9.4MSeed
DriveX Technologies logo DriveX TechnologiesAnalytics2020$2.5MSeed
Sunly logo SunlyEnergy2019€743MDebt Financing
Flowstep logo FlowstepAI2023$4.5MSeed
SensusQ logo SensusQAI2020€5.4MSeed
Wallester AS logo Wallester ASFintech2016€8.9MSeed
Nortal logo NortalEnterprise2000€134MDebt Financing
Sera logo SeraAI€1.5MSeed
Frankenburg Technologies logo Frankenburg TechnologiesManufacturing2024€5.5MSeed
UP Catalyst logo UP CatalystManufacturing2019€26.5MDebt Financing
Xolo logo XoloFintech2015€11.1MSeries A
Farsight Vision logo Farsight VisionInfrastructure2023€600kSeed
RAIKU logo RAIKUEnvironment2021€9.9MGrant
Lingvist logo LingvistAI2013$17.2MVenture Round
Salesforge logo SalesforgeEnterprise2023$500kPre-Seed
Shen.AI logo Shen.AIAI2020$3.1MVenture Round
GScan logo GScanManufacturing2018€16.8MSeed
Warren.io logo Warren.ioCloud2016$2.6MSeed
Jobbatical logo JobbaticalAI2014$19.7MSeries A
M-FLY logo M-FLYRobotics2023$1.3MPre-Seed
TELETACTICA logo TELETACTICAInfrastructure2023$1.9MSeed
eID easy logo eID easySecurity2016€1.3MSeed
Roofit.solar logo Roofit.solarManufacturing2016€16.8MVenture Round
Mifundo logo MifundoFintech2018€4.9MGrant
Utorg logo UtorgFintech2020$5MSeed
BITLEVEX logo BITLEVEXCrypto2019$50.3MVenture Round
Fusebox Energy logo Fusebox EnergyEnergy2014€6.7MVenture Round
hi logo hiFintech2020$30MCorporate Round
Original Games logo Original GamesGaming2019$6MSeed
Verge Motorcycles logo Verge MotorcyclesMobility2018€5MSeed
Alvin logo AlvinData2018$6.5MSeed
KrattWorks logo KrattWorksRobotics2018€1.8MSeries A
Cachet logo CachetFintech2018$7.6MSeries A
CybExer Technologies logo CybExer TechnologiesSecurity2016€6.5MDebt Financing
Ready Player Me logo Ready Player MeMedia2013$72.6MSeries B
heybooster logo heyboosterAnalytics2019$1MSeed
Formaloo logo FormalooEnterprise2020$2.5MSeed
Esgrid logo EsgridFintech2023$1.4MPre-Seed
Avokaado logo AvokaadoSaaS2016$1.2MVenture Round
ESTO logo ESTORetail2016$20MDebt Financing