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Metro area · Europe

Stockholm

Metro area · Sweden · Pop. 2.4M · #25 city by EV

A public taster of the full Stockholm ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

$236B+43%
Combined startup EV
$2.7B
VC invested (last 12mo)
1,822
Tracked startups
#11/ 199
Unicorns per 1M people · cities rank
🦄 Unicorns
36
36 live $1B+ companies
💎 Decacorns
2
$10B+ tier
🐎 Thoroughbreds
50
Top 1% growth · $500M+

Enterprise value · 2015–2025

Stockholm grew 9.3× since 2015

Combined enterprise value of every tracked startup headquartered in Stockholm that's still operating today — public and private companies combined, totalled by founding-year cohort.

0 $75B $150B $225B $300B Stockholm · $235B 2015 2018 2021 2024 2025

Adjacent cities by EV

Startup funnel

Stockholm's power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
498
Seed
446
Series A
312
Series B
120
Series C
72
Unicorn
34
Decacorn
2

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Notable companies

Top private companies in Stockholm

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Decacorns $10B+ valuation 2
EvolutionSpotify
Unicorns $1B+ valuation 34
Paradox InteractiveLegoraZettleRaysearch LaboratoriesItivitiMipsBioarcticApoteaStorytelStegraLovableMojang StudiosEinrideKlarnaCintOptimizely | formerly EpiserverSinchNeko HealthVeoneerTruecaller+14 more
Thoroughbreds+ $100M+ revenue 47
SpotifyKlarnaSinchDometic GroupEvolutionHumble GroupApoteaStillfrontStorytelNCAB GroupCalliditasQuickbit eu ABLovableAcastParadox InteractiveTruecallerSolTech EnergyVoiHemnetCint

Academia

Stockholm's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Stockholm.

University-linked startup formation
355
University spinouts
1,372
Total alumni-founded companies
900
Of which startups (<$15M raised)
375
Breakouts ($15M-100M)
97
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Stockholm stacks up

Peers chosen from the same country (Sweden), sized closest to Stockholm by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
$726B
$296B
$279B
Stockholm
$236B
$124B
$108B
EV growth (5-yr ×) vs current EV
peer median 5.3× 1.4× 12.5× 23.6× $5.1B $60.8B $726B EV growth (5yr ×) Combined enterprise value (log) London Paris Amsterdam East of England Berlin/Brandenburg Cambridge (UK) Copenhagen Munich Dublin Zurich South East England Ghent Helsinki Oslo Yorkshire and the Humber Tallinn Edinburgh Barcelona Moscow Milan Madrid North West England York Stockholm

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Stockholm dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Stockholm's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Stockholm's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
Stockholm's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where Stockholm's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in Stockholm
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Stockholm
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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