Denmark's Hovedstaden region is a key center for technology companies, with strong showings in fintech and artificial intelligence. The area supports a diverse group of new and established businesses.
Fintech company Pleo leads the pack with over $470 million in funding for its smart payment cards. The ecosystem also includes major players in cloud services like Keepit and AI healthcare like Corti.
Below is our list of 82 Hovedstaden startups worth keeping an eye on.
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Get the Sheet for $50Pleo builds a smart expense management solution that equips employees with company cards for work-related purchases. Their system provides finance teams with automated expense reporting and complete oversight of company spending.
| Year Founded | 2015 |
| Founders | Jeppe Rindom, Niccolo Perra |
| Funding Amount | $470.9M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | Creandum, Speedinvest, Thrive Capital, Bain Capital Ventures, Coatue |
Keepit builds a SaaS data protection platform for backing up and recovering information from critical business applications like Microsoft 365 and Salesforce. Their service uses a vendor-independent cloud, ensuring that customer data is stored in a separate, secure environment away from the original SaaS provider.
| Year Founded | 2007 |
| Founders | Frederik Schouboe, Morten Felsvang |
| Funding Amount | $213.8M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | Keepit, One Peak, Vaekstfonden, Export and Investment Fund, Silicon Valley Bank |
LEO Pharma develops pharmaceutical solutions dedicated to medical dermatology. The company advances the standard of care for people with skin diseases through its research and portfolio of treatments.
| Year Founded | 1908 |
| Founders | Anton Antons, August Kongsted |
| Funding Amount | $450M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | Nordic Capital |
Moxso builds a cybersecurity training platform designed to strengthen a company's human firewall against digital threats. They help organizations improve their security posture by delivering engaging awareness training and phishing simulations to employees.
| Year Founded | 2022 |
| Founders | Rune Boye Knudsen, Mikkel Lindblom |
| Funding Amount | $7.2M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Seed |
| Top Investors | Seed Capital, D2 Fund, Ugly Duckling Ventures |
Parahelp builds an AI support agent that helps software companies manage customer service tickets. Their platform functions like a digital teammate, capable of resolving a range of user issues from simple queries to refund requests.
| Year Founded | 2024 |
| Founders | Anker Bach Ryhl, Mads Lunau Liechti |
| Funding Amount | $22.5M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Series A |
| Top Investors | Y Combinator, Alt Capital, byFounders, Skyfall Ventures, Hanabi Capital |
Teton has created an AI-powered assistant for nurses that uses computer vision to monitor patients in real-time. Their system automates documentation and provides workflow insights, helping to reduce the administrative burden on healthcare staff.
| Year Founded | 2020 |
| Founders | Esben Klint Thorius, Mikkel Wad Thorsen |
| Funding Amount | $25.9M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Plural Platform, PSV, Nebular, Bertelsmann Investments, Antler Elevate |
Light builds a financial platform with a fully automated general ledger for multinational companies. Their software eliminates manual consolidation and simplifies accounting across multiple entities and currencies.
| Year Founded | 2023 |
| Founders | Marcus Johansson |
| Funding Amount | $43M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Charles Songhurst, Cherry Ventures, Seedcamp, Balderton Capital, Atomico |
Corti builds an AI co-pilot that listens to and analyzes patient consultations to help healthcare professionals make critical decisions. The platform provides real-time guidance during interactions and helps automate the documentation process afterward.
| Year Founded | 2016 |
| Founders | Andreas Cleve Lohmann, Lars Maaløe, Michael Boesen |
| Funding Amount | $93.3M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Heartcore Capital, Atomico, Prosus Ventures, byFounders, Idinvest Partners |
Siteimprove builds a comprehensive cloud-based platform that helps companies optimize their digital presence. Their software provides insights into website accessibility, SEO performance, and content quality to create more inclusive and high-performing digital experiences.
| Year Founded | 2003 |
| Founders | Morten Ebbesen |
| Funding Amount | $55M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Nordic Capital, Summit Partners |
Templafy develops a document generation platform that automates how businesses create documents. Their platform connects all company content, data, and templates in one place, allowing employees to create on-brand and compliant materials quickly.
| Year Founded | 2014 |
| Founders | Christian Lund, Henrik Printzlau, Jakob Bjersing, Jan Mechtel, Jeppe Schytte-Hansen, Morten Hald Mortensen |
| Funding Amount | $121.4M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | Insight Partners, Dawn Capital, Blue Cloud Ventures, Heartcore Capital, Seed Capital |
72 Additional Hovedstaden Startups Worth Following
The top 10 are just a small slice of what’s happening in Hovedstaden right now. Founders are raising billions to build new companies, especially in growing fields like AI and biotech.
Some are just getting started, while others are already expanding quickly. Here’s a look at the other companies that are making the region's startup scene so strong.