TOP Tech - 2024
Estonia's most valuable Tech companies

Place Company Valuation, mEUR
Valuation changes
Sales CAGR 2Y HQ Industry
29 TextMagic 34 0 17% EE B2B SaaS
3 Pipedrive 1 275 0 50% US B2B SaaS
22 Jobbatical 58 0 N/A EE B2B SaaS
19 Scoro 75 3% 30% UK B2B SaaS
16 Pactum 90 10% 62% US B2B SaaS
13 Toggl 131 16% 15% EE B2B SaaS
30 Roofit.Solar 31 0 N/A EE CleanTech
5 Skeleton Technologies 499 0 35% EE CleanTech
7 Elcogen 267 19% 73% EE CleanTech
27 QAN 45 0 N/A EE Crypto
24 3Commas 55 74% -33% EE Crypto
9 Helmes 163 4% 25% EE Custom Software Development
6 Nortal 341 11% 29% EE Custom Software Development
17 Binalyze 84 7% 207% EE CyberTech
18 Rangeforce 83 2% N/A US CyberTech
23 BotGuard 56 0 N/A EE CyberTech
28 LEI Register 44 0 25% EE Data Management
25 Threod 47 0 162% EE Defence
15 Defsecintel Solutions winner 110 0 881% EE DefenceTech
1 Wise winner 8 584 12% 40% UK FinTech
14 Tuum 123 92% 94% EE FinTech
8 Bondora 174 61% 22% EE FinTech
11 Admirals Group 135 18% 7% EE FinTech
4 Yolo Group 814 6% N/A EE Gaming/FinTech/Blockchain
12 Katana 131 0 74% EE Manufacturing ERP
26 Markit 46 0 3% EE Marketplace
21 Ridango 62 0 20% EE Mobility
20 Verge Motorcycles 70 0 N/A EE Mobility
2 Bolt 5 474 6% 84% EE Mobility
10 Milrem 140 0 88% EE Robotics/Miltech

rando-rannus-toptech-2025-waiting-for-the-new-wave
Rando Rannus | TopTech 2025: Waiting for the new wave
View more
madis-lehtmets-toptech-2025-estonias-technology-success-story-needs-the-next-chapter
Madis Lehtmets | TopTech 2025: Estonia's technology success story needs the next chapter
View more
indrek-uudekull-toptech-2025-a-small-country-in-a-big-arena-estonian-artificial-intelligence-has-power-too
Indrek Uudeküll | TopTech 2025: a small country in a big arena - Estonian artificial intelligence has power, too
View more
allan-martinson-toptech-how-to-ensure-sufficient-birth-rate-in-estonian-tech-sector
Allan Martinson | TopTech: how to ensure sufficient birth rate in Estonian tech sector
View more