SerbiaPlatform
Europe · Pop. 6.6M
1 Overview
2 Latest quarter
Serbia's latest quarter in venture capital
VC raised by Serbia-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.
Latest complete quarter
Loading VC raised by Serbia-headquartered companies…
3 Largest rounds
Largest funding rounds in Serbia
A live treemap of $15M+ rounds from the Dealroom API. Each cell is one round into a company headquartered in Serbia, grouped by Dealroom sector.
Largest rounds in Serbia - 2024–2026
4 Startup funnel
Serbia'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.
* Conversion rates are derived from current counts.
5 VC investment
How much venture capital flows into Serbia
VC investment into Serbia-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
6 Notable companies
Top private companies in Serbia
Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.
7 Founder origins
Where Serbia's unicorn founders build
10 founders born in Serbia are behind 6 unicorns; 67% of those were built in the US. Origins are resolved from biography and education history, not current address. Compare with the other origin countries in Europe, ranked by founders or per 1M inhabitants.
8 Location comparison
How Serbia stacks up
Compare Serbia with similarly sized ecosystems in Europe — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top ecosystems in Europe ranked by combined EV. Serbia's row is highlighted (#12).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | United Kingdom | $1.2T | 5.0× | 226 | $27.5B | 21.1K |
| 2 | Germany | $420B | 4.8× | 99 | $8.3B | 8,949 |
| 3 | Netherlands | $400B | 3.4× | 47 | $3.6B | 4,011 |
| 4 | France | $399B | 5.4× | 68 | $8.3B | 9,352 |
| 5 | Sweden | $287B | 6.5× | 56 | $3.5B | 3,369 |
| 6 | Switzerland | $229B | 3.7× | 50 | $4.2B | 3,111 |
| 7 | Denmark | $145B | 6.3× | 24 | $1.9B | 1,734 |
| 8 | Belgium | $117B | 8.8× | 13 | $1.1B | 1,961 |
| 9 | Spain | $106B | 4.7× | 18 | $3.3B | 4,676 |
| 10 | Ireland | $104B | 4.4× | 26 | $1.2B | 2,007 |
| 11 | Finland | $80.6B | 4.0× | 14 | $2.2B | 1,787 |
| 37 | Serbia | $1.2B | 3.9× | 1 | $15.2M | 114 |
More data
Explore Dealroom data →Get the full Serbia ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.