Can you guess who will become the next unicorn in Southeast Europe? You can now cast your vote.
The first edition of the SEE ITS Summit is right behind the corner, scheduled to take place on June 3rd and bring together leaders from the tech ecosystem in Southeast Europe. The event will be a meeting for C-level/ decision-makers and a platform for discussion of the latest trends and opportunities in the sector. You can learn more here and don’t forget to grab your ticket before May 25th.
The forum aims to boost the development of the SEE ecosystem and as part of this effort, the organizers and a specially selected jury will award the companies, investors, and local governments that are leading the best practices in the regional IT industry in 10 different categories.
Given The Recursive is home to one of the biggest tech communities in SEE and that we’d like to bring even more awareness to the recent achievements of the regional startup ecosystem, during the ceremony The Recursive will give an additional ‘Future Unicorn’ award to one of the most promising startups in Southeast Europe.
The winner will receive 1 content marketing campaign via The Recursive channels of total value up to 900 euro as per our pricing list. In addition, representatives of the top five companies will get a free pass for the VIP Gala dinner at the SEE ITS Summit, worth over 150 euro.
In case you’re not familiar with what they’re doing/ what’s their traction check the short descriptions that follow. Deadline May 27.
In case we missed an important name, be sure to nominate it by May 22, 2022. We’re looking for scalable technology-enabled companies with significant customer traction ($1M+ in ARR/ customers in 10+ countries) or over $10M raised in VC funding.
About the future unicorns/ soonicorns
Blueground is a proptech rental company with a platform where business travelers can book top-notch apartments across the globe. In 2021, the company closed a $180M Series C round at $750M valuation and currently has over 6000 properties in 22 cities listed.
CloudCart is all-in-one e-commerce platform that helps merchants increase their online sales. The company recently closed a funding round led by Elevator Ventures and joined by previous investor New Vision 3 (NV3). In 2021, Cloudcart reported over 9000 registered online stores and more than 3.5M orders facilitated the platform.
DRUID AI, a startup offering AI-powered virtual assistants recently closed a Series A round of $15M In the 2018-2020 period, the company grew its revenue by 6,753% and has over 130 partners such as UiPath and Microsoft, amongst others.
EnduroSat builds nanosatellites while offering shared satellite services that give nations, businesses, and universities much faster and affordable access to space. The company is one of the fastest-growing space tech companies in Europe in terms of revenue and has raised over $15m so far.
FintechOS is a fintech company that provides personalized and low-code digital infrastructure for banks, insurers, and other financial institutions. In 2021, the Romanian startup raised $60M in a Series B round and recently reached $20M in annualized revenue.
Gtmhub provides software for the management of Objectives and Key Results (OKRs). In 2021, the company raised $150M, including a $120M Series C, the largest one to this date – both in the industry and in the history of the Bulgarian startup ecosystem.
OfficeRnD provides flex space and hybrid work management software for thousands of customers around the world. In 2021, the proptech startup closed a $10M Series A round and was ranked as the 9th fastest-growing tech company in Central and Eastern Europe (CEE), following 1884% increase in revenue over three years.
Plum is a Greek startup that has developed a smart application that helps its users manage money with the help of artificial intelligence. In 2021, the company raised $24M and currently has over 1.25 million users across Europe.
Spotawheel is simplifying transactions on the market for used cars by proving a one-in-one platform for users. At the end of April, the company raised $100M in a Series B round, led by Greek VC firm VentureFriends. Spotawheel states it’s on track to reach a €200 million revenue run rate by the end of 2022.
Tenderly is an Ethereum Developer Platform for the real-time monitoring, debugging, and simulation of Smart Contracts. In March 2022, the Belgrade-based company closed a $40M Series B round and is currently employing about 40 people.
Tokinomo is a Romanian startup that develops retail robots for in-store brand activation. In 2021, the company grew 3x and crossed 1M euro in revenue, and at the beginning of 2022, it closed a $1.7M pre-Series A round.