Four companies with Ukrainian founders have made it to the prestigious Sifted250 ranking, which identifies the most dynamic startups in Europe by revenue growth rate over the past three years.
Four companies with Ukrainian founders have made it to the prestigious Sifted250 ranking, which identifies the most dynamic startups in Europe by revenue growth rate over the past three years.
The top spot in the ranking was taken by Munich-based startup Finn, which offers car subscriptions and has shown incredible growth — a 1078% CAGR. According to Forbes, Finn’s revenue increased from €3.2 million in 2022 to €444.3 million in 2024.
Among the 250 most successful companies in Europe, technology giants such as Revolut, ElevenLabs, and Trade Republic are also mentioned, which, according to investors, are shaping a new type of "generation of businesses" on the continent.
The Sifted250 ranking, which also includes such European giants as Revolut and ElevenLabs, includes the following companies with Ukrainian founders:
ATLANT 3D (29th place) is a deep tech company of Maksym Plahotniuc, which develops technology for printing materials at the atomic level and cooperates with NASA and Sony.
Carmoola (58th place) is a British-Ukrainian startup that is changing the approach to buying a car in the UK through a mobile platform.
Spendbase (81st place) is a service that helps companies optimize costs for SaaS products; the startup received support from Google for Startups and the Seeds of Bravery program.
Holywater (165th place) is a company that creates vertical entertainment content using AI, has over 55 million users and recently announced a partnership with Fox Entertainment.
The Sifted250 ranking is an annual initiative of Sifted, a publication specializing in covering the European startup ecosystem. This year's list was announced during the Sifted Summit, which brought together top managers and venture capitalists, including former Google CEO Eric Schmidt and representatives of Sequoia Capital. Participants discussed the future of regulation, investment and challenges for the European technology sector.
