Unicorns in Denmark
Dealroom tracks 15 unicorns headquartered in Denmark — companies that reached a verified $1B+ valuation — worth $60.8B combined, plus 13 thoroughbreds generating $100M+ in annual revenue. Updated August 2026.
Every unicorn in Denmark
All 15 companies headquartered in Denmark that reached a verified $1B+ valuation, ranked by latest valuation. Click a company for its full Dealroom profile.
| # | Company | Sector | HQ | Founded | Valuation | Status |
|---|---|---|---|---|---|---|
| 1 | Genmab | Biotech & Life Sciences | Copenhagen | 1999 | $21B | IPO 2000 |
| 2 | Ascendis Pharma | Biotech & Life Sciences | Gentofte Municipality | 2007 | $17B | IPO 2015 |
| 3 | Netcompany | AI | Copenhagen | 2000 | $2.7B | Private |
| 4 | Lunar | Fintech | Copenhagen | 2015 | $2.4B | Private |
| 5 | Pleo | Fintech | Copenhagen | 2015 | $2.3B | Private |
| 6 | Hemab Therapeutics | Biotech & Life Sciences | Copenhagen | 2019 | $2B | IPO 2026 |
| 7 | Galecto | Damora Therapeutics | Biotech & Life Sciences | Copenhagen | 2011 | $1.9B | IPO 2020 |
| 8 | Saxo Bank | Fintech | Hellerup | 1992 | $1.8B | Private |
| 9 | Flatpay | Fintech | Herlev | 2022 | $1.8B | Private |
| 10 | Bavarian Nordic | Biotech & Life Sciences | Gentofte Municipality | 1994 | $1.7B | IPO 1998 |
| 11 | Zealand Pharma | Biotech & Life Sciences | Søborg | 1998 | $1.6B | IPO 2017 |
| 12 | Trustpilot | eCommerce & Marketplaces | Copenhagen | 2007 | $1.4B | IPO 2021 |
| 13 | Better Collective | Consumer Services | Copenhagen | 2004 | $1.2B | IPO 2018 |
| 14 | ChemoMetec | Biotech & Life Sciences | Lillerød | 1997 | $1.1B | IPO 2006 |
| 15 | Invisio | Defence | Hvidovre | 1999 | $934M | IPO 2004 |
Thoroughbreds — the $100M+ revenue tier
Dealroom's revenue milestone: 13 Denmark companies past $100M in annual revenue, proof of traction beyond paper valuations.
| # | Company | Sector | HQ | Founded | Valuation | Status |
|---|---|---|---|---|---|---|
| 1 | Clever | Transportation | Copenhagen | 2009 | $220M | Private |
| 2 | Worksome | eCommerce & Marketplaces | Copenhagen | 2017 | $78M | Private |
| 3 | Adform | Marketing | Copenhagen | 2002 | — | Private |
| 4 | Ganni | eCommerce & Marketplaces | Frederiksberg | 2000 | — | Private |
| 5 | Tactile Entertainment | Consumer Services | Copenhagen | 2008 | — | Private |
| 6 | TrackMan | Other | Vedbæk | 2003 | — | Private |
| 7 | HAMLET PROTEIN | Food | Horsens | 1992 | — | Private |
| 8 | Conscia | Other B2B Software | Brøndby Strand | 2003 | — | Private |
| 9 | Scanmetals | Energy | Slagelse | 2012 | — | Private |
| 10 | Better Energy | Energy | Frederiksberg | 2012 | — | Private |
| 11 | 3Shape | Health Tech & Medtech | Copenhagen | 2000 | — | Private |
| 12 | Muuto | Other | Copenhagen | 2006 | — | Private |
| 13 | Forward Pharma | Biotech & Life Sciences | Copenhagen | 2005 | $-48M | IPO 2014 |
Frequently asked questions
How many unicorns are there in Denmark?
Dealroom tracks 15 unicorns headquartered in Denmark as of August 2026, worth $60.8B combined. 2 of them are valued at $10B or more.
What are the biggest unicorns in Denmark?
The three most valuable are Genmab, Ascendis Pharma, Netcompany. Copenhagen is the top hub with 8 of them.
What counts as a unicorn — and what is a thoroughbred?
A unicorn is a company that reached a $1B+ valuation, verified by Dealroom. A thoroughbred is Dealroom's revenue-based tier: a startup-era company generating $100M+ in annual revenue — traction, not just paper valuation.