Tirana's business landscape features a blend of established companies and emerging startups across various sectors. Key industries include energy, fintech, and e-commerce, showing a diverse economic base.
The state-owned energy company OSHEE has secured significant funding with €70M, while Gjirafa is building an e-commerce platform for the Balkans.
Below is our list of 50 Tirana startups worth keeping an eye on.
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Get the Sheet for $50Balfin Group manages a wide-ranging investment portfolio across the Western Balkans, with significant holdings in real estate, retail, and banking. The group actively develops and manages projects in several other key industries, including tourism, energy, and logistics.
| Year Founded | 1993 |
| Founders | — |
| Funding Amount | €26M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Debt Financing |
| Top Investors | European Bank for Reconstruction and Development, Intesa Sanpaolo Bank Albania |
Gjirafa has built a video content and e-commerce platform that serves as a digital hub for the Balkans. Its core technology is a search engine specialized for the Albanian language, which powers everything from news to online shopping.
| Year Founded | 2013 |
| Founders | Diogjen Elshani, Ercan Canhasi, Mergim Cahani |
| Funding Amount | $13.7M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | U.S. International Development Finance Corp, StartupYard, Rockaway Capital |
OSHEE manages and operates Albania's national power distribution network. As the country's state-owned energy enterprise, they are responsible for ensuring a reliable supply of electricity to homes and businesses across Albania.
| Year Founded | 2007 |
| Founders | Adrian Çela |
| Funding Amount | €70M |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Debt Financing |
| Top Investors | European Bank for Reconstruction and Development |
Intesa Sanpaolo Bank Albania offers comprehensive banking and financial solutions tailored for individuals, small businesses, and corporate clients. As a key member of the international Intesa Sanpaolo Group, it stands as one of the leading banks in the Albanian market.
| Year Founded | 2008 |
| Founders | Mohd Fairuz Razi bin Sharuddin |
| Funding Amount | €9M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | European Bank for Reconstruction and Development |
AON supplies and installs a range of power system solutions designed to keep businesses running without interruption. They specialize in equipment like industrial generators, battery UPS systems, and voltage stabilizers for reliable energy management.
| Year Founded | 2017 |
| Founders | — |
| Funding Amount | — |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | — |
| Top Investors | — |
Union Bank Albania offers a full range of commercial banking services for individuals and businesses. The institution places a strong emphasis on accessibility, providing modern digital tools through its online and mobile platforms.
| Year Founded | 2006 |
| Founders | Mohd Fairuz Razi bin Sharuddin |
| Funding Amount | €6M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | European Bank for Reconstruction and Development |
FED invest has built a financial institution that provides banking services to individuals and businesses. They focus on serving rural and semi-urban populations with products including agricultural loans, deposits, and payment processing.
| Year Founded | 1992 |
| Founders | — |
| Funding Amount | €10M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | Council of Europe Development Bank |
Beachmaster builds a SaaS platform for beach businesses to manage everything from online bookings to payments. Their software helps operators streamline services by giving customers an easy way to reserve spots and pay online.
| Year Founded | 2024 |
| Founders | Fatbardh Hysa |
| Funding Amount | $130k |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Seed |
| Top Investors | — |
Rubicon builds a payment processing network designed to simplify transactions for both consumers and businesses. Their product ecosystem features a digital wallet, point-of-sale solutions, and online payment gateways to make payments more efficient.
| Year Founded | 2020 |
| Founders | Armand Brahaj |
| Funding Amount | €454k |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Pre-Seed |
| Top Investors | — |
DuaNjoftime.com runs an online classifieds platform for the Albanian market. People use the site to find business opportunities, connect with others, and access local information.
| Year Founded | 2020 |
| Founders | Erjon Sula |
| Funding Amount | $70k |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Series A |
| Top Investors | — |
40 Additional Tirana Startups Worth Following
Our top picks offer just a small window into Tirana's expanding startup world. New companies are popping up across many fields, especially in enterprise software, AI, and fintech.
You'll find a mix of brand new ventures and established local names. Here’s a look at the other companies helping to define Tirana's startup scene.