VivaTech named Top 100 Next Unicorns: 8 are from CEE

Each year, Viva Technology, a Paris-based annual technology conference, publishes its Top 100 Next Unicorns ranking. It is a list of the 100 most promising scale-ups in Europe with the potential to reach a valuation of $1 billion or more in the near future.

This year, eight CEE companies, hailing from Ukraine, Hungary, Poland, Austria, Finland, and Czechia made it to the list. AIN shares the details on the soonicorns.

The list of CEE’s next unicorns

• Bitrise is a Hungarian mobile DevOps platform built to adress mobile’s challenges, empowering mobile teams to deliver their best work.
• Brainly is a Polish web-based learning platform where kids and parents seek homework and study assistance from peers and professionals. In 2020, the company raised $80 million in Series D funding.
• Headway is a Ukrainian EdTech startup that creates microlearning products, helping 80M+ private and corporate users worldwide achieve their goals. In June 2023, the edtech company secured a place in Top 50 European startups, nearing its unicorn status.
• Mews is a Czech-founded cloud-based hotel property management system that helps simplify hotel operations so properties can focus on their guests. Only recently, the company managed to raise $110 million in funding, indeed becoming Czechia’s third unicorn.
• PlanRadar is an Austrian company offering a SaaS solution for documentation and communication in construction and real estate projects.
• Preply is a Ukrainian online tutoring platform, aiming to help students achieve their learning goals and prepare them to speak confidently. Throughout 2023, the scale-up managed to secure a $70 million investment, open US office, and undergo a redesign.
• SEON is a Hungarian online fraud prevention platform that detects and stops fraud in real-time through transactional data analysis. In 2023, the company acquired Complytron, an AML/KYC screening tools provider.
• Supermetrics is a Finnish B2B software company that pulls data from various sources to use for web analytics, social media, and online marketing. In September 2020, the company raised a $47 million funding round.

Methodology

The list was compiled in partnership with investment bank GP Bullhound and through contributions from four global investment funds: Accel, Eurazeo, NorthZone and Partech.

The list is based on the following criteria:

• Current and potential growth;
• Total amount of involved investments;
• Increase in the number of personnel;
• Geographic distribution;
• Positive impact on society.