69 Best Startups in Iceland to Watch in 2024
The Definitive Seedtable Ranking of Startups in Iceland
We track 18,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.
The Seedtable database reveals 130 startups in Iceland, who have collectively secured $1.5B in funding with the average funding per startup standing at $11.2M. Seedtable has compiled profiles on 51 founders and executives for these startups.
Last update to the database: Sep 17, 2024. See changelog.
Displaying 69 out of 130 Companies
| Company | Score | Funding | Investors | Employees | Industries | Business Model | Location | Likely To Outsource | Contact | |
|---|---|---|---|---|---|---|---|---|---|---|
CCP Games Independent games publisher. | 41 | $46.3M Series B | 4 | 251 - 501 | Gaming Publishing | Reykjavík, Iceland | Marketing, Software Engineering, Marketing, Branding, Man... | j***********n@ccpgames.com | ||
Sidekick Health Sidekick is a patient-centric digital care platform that is scalable across a wide range of chronic illnesses. | 40 | $55.0M Series B | 51 - 101 | Health Tech | Reykjavík, Iceland | Hiring, Marketing, Software Engineering, Cybersecurity, B... | m***a@sidekickhealth.com | |||
Oculis Pharmaceutical company focusing on developing and delivering eye-related drugs. | 40 | $57.0M Series C | 11 - 51 | Deep Tech Health Tech | Reykjavík, Iceland | Hiring, Marketing, Software Engineering, Cybersecurity, B... | r*********f@oculis.com | |||
Treble Sound simulation platform and synthetic audio data generation platform. | 35 | $20.8M Series A | 3 | 11 - 50 | Audio Information technology +1 more | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | *****@treble.tech | ||
Alvotech Setting a new standard in biosimilars | 34 | $35.0M Unknown | 251 - 501 | Biotech Deep Tech | Reykjavík, Iceland | Marketing, Software Engineering, Marketing, Branding, Man... | t**********v@alvotech.com | |||
DTE ehf Actionable real-time process analytics for the metals industry. | 33 | $6.0M Series A | 2 | 11 - 51 | Manufacturing | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | s****n@dtequipment.com | ||
Breakroom Platform that turns your virtual reality headset into a multi-monitor system. | 33 | $7.4M Seed | 1 | 1 - 11 | AR / VR Hiring and Recruitement | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | c*********r@murevr.com | ||
Lava Network Modular blockchain developer. | 33 | $15.0M Seed | 4 | 11 - 51 | Crypto & web3 Deep Tech | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | |||
Smitten Dating app that offers a fun and enjoyable user experience. | 33 | $12.7M Series A | 3 | 11 - 51 | Consumer Social Dating +1 more | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | d***d@smittendating.com | ||
Quest Portal Platform enabling collaborative role-play and storytelling through character creation. | 33 | $7.5M Seed | 1 | 11 - 51 | Art Gaming +1 more | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | g****r@questportal.com | ||
Grid Tool that helps modern teams manage and work with data easily. | 33 | $15.5M Series A | 2 | 11 - 51 | Data and Analytics | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | s**********y@gridprofessional.com | ||
Lucinity Platform that uses Human AI to help banks fight financial crime more efficiently. | 31 | $25.1M Series B | 3 | 51 - 101 | AI Data and Analytics +3 more | Reykjavík, Iceland | Marketing, Software Engineering, Marketing, Branding, Man... | h*****r@lucinity.com | ||
Good Good Platform specializing in online sales. | 31 | $25.0M Series B | 11 - 51 | Ecommerce Foodtech +1 more | Reykjavík, Iceland | Marketing, Software Engineering, Marketing, Branding, Man... | ||||
Controlant Real-time supply chain monitoring technology. | 31 | $29.7M Series B | 2 | 101 - 251 | Internet of Things Supply Chain & Logistics | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | w*********e@controlant.com | ||
Travelshift Online marketplace for travel bookings. | 28 | $10.0M Series A | 1 | 51 - 101 | Travel Tech | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | |||
NeckCare Cloud-based software and IoT hardware that objectively diagnose human body mobility. | 28 | $8.9M Unknown | 11 - 51 | Health Tech | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | o**i@neckcare.com | |||
Kara Connect Digital workspace providing secure online tools for professionals in Health, Education, and Welfare. | 28 | $7.6M Unknown | 1 - 11 | Health Tech | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | j**n@karaconnect.com | |||
Genis Therapeutic solutions for inflammatory diseases. | 28 | $17.0M Series A | 1 - 11 | Biotech | Reykjavík, Iceland | Marketing, Software Engineering, Marketing, Branding, Man... | h****r@genis.is | |||
Hefring Marine Platform dedicated to enhancing vessel safety and performance through AI and IoT. | 26 | $2.4M Seed | 4 | 1 - 11 | Climate Tech & Green Tech Deep Tech +4 more | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | k********r@hefringmarine.com | ||
EpiEndo Pharmaceuticals Clinical biopharmaceutical company focused on novel solutions for chronic airway diseases. | 25 | $6.4M Unknown | 1 - 11 | Deep Tech Health Tech +1 more | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | m********h@epiendo.com | |||
SalesCloud Platform offering affordable, innovative sales solutions for businesses in various industries. | 21 | $4.0M Unknown | 1 - 11 | Business Intelligence CPG & Consumer Goods +3 more | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | a*******r@salescloud.is | |||
Abler Sports management platform. | 21 | $4.4M Seed | 1 | 11 - 51 | Sportstech | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | m****s@sportabler.com | ||
Ankeri Platform enabling ship owners and charterers to communicate and share ship performance data online. | 21 | $2.3M Seed | 1 | 1 - 11 | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | k******n@ankeri.is | |||
Fractal 5 Startup creating a new social product. | 21 | $3.0M Seed | 1 - 11 | Consumer Social Media and Entertainement +1 more | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | ||||
Handpoint Embedded payments technology enabling SaaS businesses to expand and grow worldwide. | 21 | $2.4M Seed | 11 - 51 | fintech | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | e*****o@handpoint.com | |||
Hopp Escooter sharing franchise. | 21 | $4.7M Seed | 1 - 11 | Mobility & Transportation | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | *****@hopp.bike | |||
Indo Neo-bank offering advanced mobile banking services. | 21 | $4.5M Seed | 1 - 11 | fintech | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | h****r@indo.is | |||
Justikal E-court system enabling various legal stakeholders to manage documents securely and reliably. | 21 | $2.8M Seed | Identity management Legal Tech | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | m*e@justikal.com | ||||
Laki Power Research company specializing in eco-friendly power solutions. | 21 | $3.0M Seed | 1 | 1 - 11 | Climate Tech & Green Tech Energy & Nuclear +1 more | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | o**************n@lakipower.com | ||
PayAnalytics Software that helps companies monitor and address diverse pay gaps, including the gender pay gap. | 21 | $3.9M Series A | 11 - 51 | fintech Hiring and Recruitement | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | s******n@payanalytics.com | |||
Plaio Marketplace offering solutions for the Generic Pharmaceutical industry’s planning and operational needs. | 21 | $2.2M Seed | 1 | Business Intelligence Pharma | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | ||||
Rocky Road Game app offering an open world experience based on real-world map data for mobile users. | 21 | $3.0M Seed | 2 | Gaming | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | t**r@rockyroad.io | |||
Thor-Ice Slurry ice system for rapid chilling of fish, poultry, and other food products. | 21 | $3.5M Unknown | 1 - 11 | Agritech Enterprise software +2 more | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | ||||
PaxFlow Ops platform for tour operators. | 21 | $2.2M Seed | 1 | 1 - 11 | Travel Tech | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | s****a@paxflow.io | ||
Snerpa Power Platform for power-intensive industries to minimise their electricity costs | 21 | $2.4M Seed | 2 | 1 - 11 | Energy & Nuclear | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | |||
Flygildi ehf Manufacturer of bird-like drones. | 21 | $2.2M Seed | 1 - 11 | Drones Manufacturing | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | b***g@flygildi.com | |||
Prescriby Addiction management platform for healthcare professionals. | 21 | $2.1M Seed | 1 | 1 - 11 | Health Tech | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | |||
Plaio AI-driven decision making platform for the pharmaceutical industry. | 21 | $4.8M Series A | 2 | 11 - 51 | AI Pharma | Reykjavík, Iceland | Design, Software Engineering, Sales, Marketing, Cybersecu... | j****n@plaio.com | ||
Spectaflow SaaS solution for accommodations businesses improving housekeeping and maintenance workflows. | 18 | $2.8M Unknown | 1 | 1 - 11 | Community & Lifestyle Travel Tech | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | |||
Nanitor Platform providing visibility and control in cybersecurity vulnerability management. | 18 | $2.5M Unknown | 11 - 51 | Cybersecurity Privacy and Security | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | a***l@nanitor.com | |||
Ymir Technologies Lífdísill provides petroleum refining services and transforms bio-waste to marketable products. | 15 | 1 - 11 | Reykjavík, Iceland | |||||||
Gagarin Media platform enabling unique, interactive experiences for understanding and sharing content. | 15 | 11 - 51 | Media and Entertainement | Reykjavík, Iceland | s****l@gagarin.is | |||||
Genki Instruments Wave creates a new dimension to your music making! | 15 | 1 - 11 | Hardware Manufacturing +2 more | Reykjavík, Iceland | Design, Software Engineering, Marketing, Hiring | g***i@genkiinstruments.com | ||||
Getlocal Improving the travel experience by matching traveller to local advice from likeminded people with similar tastes and interests. | 15 | 11 - 51 | Media and Entertainement Travel Tech | Reykjavík, Iceland | ||||||
Ghostlamp On-demand micro influencer campaigns, anywhere in the world. | 15 | 11 - 51 | Media and Entertainement | Reykjavík, Iceland | h****r@ghostlamp.com | |||||
ARK Platform providing software solutions and advisory services for maritime environmental management. | 15 | 11 - 51 | Reykjavík, Iceland | |||||||
GreenBytes Tool for restaurant management that helps optimize ordering. | 15 | $992k Pre Seed | 1 | 1 - 11 | Ecommerce Foodtech | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | r****a@greenbytes.is | ||
Arctic Trucks Vehicles designed to reach the most remote environments on earth. | 15 | 11 - 51 | Travel Tech | Reykjavík, Iceland | ||||||
Guide to Iceland Travel information platform officially serving the City of Reykjavík. | 15 | 11 - 51 | Travel Tech | Reykjavík, Iceland | i***e@guidetoiceland.is | |||||
Zymetech A globally leading company in research, development, production and sales of marine-derived enzymes for therapeutic application | 15 | 11 - 51 | Deep Tech Health Tech | Reykjavík, Iceland | ||||||
Arctic Theory Game development company specializing in creating massively multiplayer games with cutting-edge technology. | 15 | $2.0M Seed | 1 - 11 | Gaming | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | ||||
HorseDay Training platform designed for horse owners, trainers, and enthusiasts. | 15 | $700k Unknown | 1 - 11 | Business Intelligence Mobile +1 more | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | ||||
iBot Platform for online store owners to build, host, and deploy product-smart chatbots on Facebook Messenger. | 15 | 51 - 101 | AI | Reykjavík, Iceland | ||||||
IceWind Platform providing small vertical axis wind turbines for telecom towers and homes. | 15 | $108k Pre Seed | 1 | 1 - 11 | Climate Tech & Green Tech Energy & Nuclear | Reykjavík, Iceland | Design, Software Engineering, Marketing, Hiring | s*****n@icewind.is | ||
IMS Vintage Photos Service specializing in preserving history through digitizing physical images and photos for archives worldwide. | 15 | 11 - 51 | Reykjavík, Iceland | |||||||
Esports Coaching Academy Platform offering esports training. | 15 | $750k Unknown | 1 - 11 | Edtech eSports +3 more | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | o****r@eca.gg | |||
InfoMentor Platform that connects planning with assessment and reduces teachers' workload. | 15 | 11 - 51 | Edtech | Reykjavík, Iceland | ||||||
International Carbon Registry Climate action registry | 15 | 1 - 11 | Business Intelligence Climate Tech & Green Tech +3 more | Reykjavík, Iceland | Design, Software Engineering, Marketing, Hiring | o*i@carbonregistry.com | ||||
Invector Provider of asset valuation data to the financial services industry. | 15 | 1 - 11 | fintech | Reykjavík, Iceland | ||||||
Activity Stream Platform that transforms business data into actionable intelligence and insights for organizations. | 15 | 11 - 51 | Data and Analytics | Reykjavík, Iceland | e***r@activitystream.com | |||||
Arctic Green Energy A renewable energy company focusing on creating zero-emission cities. | 15 | 11 - 51 | Climate Tech & Green Tech Energy & Nuclear | Reykjavík, Iceland | ||||||
Karolina Fund Platform for project management and funding to connect collaborators and participate in projects. | 15 | 1 - 11 | fintech | Reykjavík, Iceland | ||||||
Klappir Green Solutions Klappir provides methodology and SaaS solutions facilitating sustainability management and reporting for ESG, GRI, UNSDG and more. | 15 | 11 - 51 | AI | Reykjavík, Iceland | j*t@klappir.com | |||||
Kúla 3D Kúla makes 3D lenses for smartphones and DSLR cameras. | 15 | 1 - 11 | Reykjavík, Iceland | |||||||
Kvikna Software development firm providing international technical solutions. | 15 | 11 - 51 | Edtech | Reykjavík, Iceland | ||||||
3Z Pharmaceutical company developing drugs to improve the central nervous system. | 15 | $2.0M Seed | 1 - 11 | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | |||||
Lauf Forks Ultra lightweight suspension forks designed for gravel bikes, cyclocross bikes, XC hardtails, and fatbikes. | 15 | 1 - 11 | Sportstech | Reykjavík, Iceland | ||||||
Leviosa Healthcare platform that helps professionals work more efficiently. | 15 | $700k Seed | 1 - 11 | Health Tech | Reykjavík, Iceland | Hiring, Design, Software Engineering, App Development, Ma... | m******s@leviosa.is | |||
Lipid Pharmaceuticals Clinical-stage company developing pharmaceuticals and privately held. | 15 | 1 - 11 | Health Tech | Reykjavík, Iceland |
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