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Continent / region

Europe

Continent / region · #7 region by EV

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

🦄 New unicorns by year
57
Annual $1B+ outcomes, unsmoothed
🐎 Cumulative thoroughbreds
786
Company revenue history, 2016-2025
Enterprise value
$3.8T
Actual EV series, 2015-2025

Startup funnel

Europe'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
21.4K
Seed
16.4K
Series A
10.6K
Series B
4,225
Series C
2,015
Unicorn
643
Decacorn
47

* 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 Europe

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 47
FNZAdmiral GroupActelion PharmaceuticalsGenmabHorizon TherapeuticsFanDuelVismaCzechoslovak GroupMiroRevolutAdyenargenxJazz PharmaceuticalsBE Semiconductor IndustriesWorldPaySpotifyFlutter EntertainmentVeeamOKXYandex
Unicorns $1B+ valuation 643
eToroParadox InteractiveWallboxFeverTouchlight GeneticsScatecBetter CollectivePennylaneFlo HealthbluegroundBetfairPharvarisChrono24Ten Square GamesCureVacGlovoBike leasing serviceGettEbuscoEmbracer+622 more
Thoroughbreds+ $100M+ revenue 786
SpotifyOctopus EnergyYandexZalandoFlutter EntertainmentFanDuelOzonMASMOVIL GroupDysonEntainAdmiral GroupGEARevolutEPAM SystemsCzechoslovak GroupJazz PharmaceuticalsargenxARMJust Eat Takeaway.com | Takeaway.comBack Market

Academia

Europe's academic flywheel

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

Location comparison

How Europe stacks up

Peers chosen from other continents / multi-country regions, sized closest to Europe by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
$8.9T
$4.6T
Europe
$3.8T
$581B
EV growth (5-yr ×) vs current EV
peer median 5.8× 4.0× 8.2× 12.4× $73.6B $1.8T $44.1T EV growth (5yr ×) Combined enterprise value (log) World North America Asia EMEA Europe

Sector concentration

Where Europe punches above its weight

Sectors in which Europe's share of the global unicorn pool is bigger than its overall share. A 5× over-index means Europe is 5× more represented in that sector than in the global average. Source: top-hub aggregation across the 18 simplified sectors.

✈️ Aviation
1.90×
4 unicorns · 33.3% of global sector
Energy
1.45×
28 unicorns · 25.5% of global sector
📣 Marketing
1.05×
7 unicorns · 18.4% of global sector
🪖 Defence
1.02×
5 unicorns · 17.9% of global sector
🥗 Food
0.92×
9 unicorns · 16.1% of global sector
0.91×
14 unicorns · 15.9% of global sector
🚀 Space
0.89×
5 unicorns · 15.6% of global sector
💸 Fintech
0.86×
48 unicorns · 15.1% of global sector

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 Europe dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Europe's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Europe'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
Europe'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 Europe'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 Europe
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Europe
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.