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The 5 Unicorn Startups Founded in Munich

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Countless startups in Munich are being launched every day, and many fail because they did not learn from the success of other companies who've managed to rise above and join the unicorn club.

That’s why we decided to publish this list of 5 well-known Munich companies that impressed investors enough to achieve a $1 billion valuation.

The 5 Unicorns in Munich

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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

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

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

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

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
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