Poland is one of the fastest growing and best-performing economies in Europe, currently ranked as the sixth largest economy in the European Union. As a result, its startup ecosystem is also increasing in maturity, particularly in Warsaw - the capital city and the main startup hub. Warsaw itself is ranked at 99 among global startup hubs, gaining seven places in the past year. As a result of this, Polish startups have an environment where they can realistically achieve success and create a successful startup that develops into a scale-up.
Poland is very well represented in terms of access to private sector funding and support for startups. This is illustrated by the fact that Poland has more than 210 Venture Capital firms actively operating in the Polish startup ecosystem. Additionally, early-stage startups in Poland are also well supported, being able to seek mentorship and small-scale funding from more than 60 startup accelerators and incubators across Poland. This means that innovative Polish startups can have support throughout the whole growth journey.
In addition to private sector support, the Polish government has also taken a stance on supporting the development of the Polish startup ecosystem. Start in Poland is a government-backed initiative which is a program startups can go through that includes a blend of mentorship, funding opportunities and access to a range of facilities required to bring a startup to fruition. In addition to this, a range of grants and other funds have been made available to promote entrepreneurship, particularly among young people.
1. Modue
Year Founded: 2022
HQ: Krasnik, Poland
Size: 11-50
Founders: Hubert Adamczewski, Jakub Popowski, Piotr Daniel
Modue is a Polish startup that was founded in 2022 and is currently headquartered in Krasnik. It creates a range of modular control stations that allow you to rapidly change between your applications, with any widgets that you need. You will be able to swipe through these and monitor them at a glance. Some of the main use cases for it are to control smart home controls, OBS controls, Notifications and timekeeping, along with managing music and media apps. You can have total control and efficiency at your fingertips.
Modue has decided to go against the typical route of startup funding and has instead decided to pursue crowdfunding to achieve its goals instead. As a result of this, it managed to raise more than 275,000 Euros in less than 24-hours during January 2023. This funding has been slated to be used for the further development of its control consoles and additional growth in talent.
2. Redstone
Year Founded: 2021
HQ: Warsaw, Poland
Size: 1-10
Founders: Alex Suvorov, Jakub Wojciechowski, Marcin Kazmierczak
Redstone is a Polish startup that was founded in 2021 and is currently headquartered in Warsaw. With Redstone, you can leverage the power of cross-chain data oracles so that you get accurate pricing data for your smart contracts and DeFi protocols. In addition to this, you can also use Redstone to power your smart contracts, ensuring most of the infrastructure that you need for your projects are in place right from the start.
Redstone has been quite effective in raising startup funding. It most recently raised $350,000 during a June 2023 funding round to improve its products. This followed a previous Seed funding round worth $7 Million in 2022.
3. Car&More
Year Founded: 2019
HQ: Warsaw, Poland
Size: 51-100
Founders: Bartlomiej Klimczak, Tomasz Kedzierski
Car&More is a startup in Poland that was founded in 2019 and is currently headquartered in Warsaw. If you're in the market for a new used car but you want to go somewhere that will give you a vehicle that is actually working as advertised and is at a reasonable price, then you should use its online marketplace. Using Car&More, you can find a range of different car makes and models, ranging from the lowest prices, right up to something a bit more luxurious and pricy.
Car&More has seen some success in raising startup funding since being founded. It has gone through a single round of startup funding since being founded and has managed to raise a figure in the range of 500,000 and 1 Million Euros to sustain its continued growth and development throughout the next few years.
4. Reef Factory
Year Founded: 2019
HQ: Niemcz, Poland
Size: 51-100
Founders: Jarek Wojczakowski, Marek Protasewicz
Reef Factory is a Polish startup that was founded in 2019 and is currently headquartered in Niemcz. If you're a fish enthusiast, then you'll love what it has to offer. You can get a range of different aquariums and reefs. In addition to this, you can also get key pieces of equipment, such as specialist lighting setups, compound test kits, water monitoring systems and a range of pumps to ensure every aspect of your reef is covered from top to bottom.
Reef Factory has seen previous success with raising startup funding. Its most recent success came in September 2022, when it managed to raise a total of 2.5 Million Euros in funding. This occurred during a Seed Funding round and has allowed it to develop new product types for reefs and aquariums, as well as increase the size of the team at Reef Factory.
5. Gotiva
Year Founded: 2021
HQ: Warsaw, Poland
Size: 11-50
Founders: Grzegorz Tarczynski, Jacek Nijaki, Adnan Ahmic, and Sebastian Szczygiel
Gotiva is a startup in Poland that was founded in 2021 and is currently headquartered in Warsaw. If you're an artist, you'll be able to easily use Gotiva to monetize your art portfolio. The way this works is that you can upload your art onto their platform and people engage and interact with the art found within your portfolio, you will generate ongoing advertising funding and get your art in front of more eyes.
Gotiva has seen success in raising startup funding since it was founded. This success came during a Seed Funding round that was led by SMOK Ventures and took place in January 2024. During this funding round, it was able to raise a total of 1.11 Million Euros in funding, which will be useful to improve its platform, improve marketing efforts and grow its internal talent pool.
6. Terry Soot
Year Founded: 2018
HQ: Warsaw, Poland
Size: 101-250
Founders: Sofia Kaniuk,
Terry Soot is a Polish startup that was founded in 2018 and is currently headquartered in Warsaw. If you're having a problem with your data collection, then Terry Soot can help. By feeding your AI learning models with usable information at a rapid rate, it can help your AI to develop quicker. Furthermore, it can facilitate field data collection, meaning if your product is more physical, you can still get accurate insights. Additionally, you can benefit from outsourced recruitment and your travel requirements.
Despite the size of Terry Soot, there is not yet any publicly available information indicating that it has sought out external startup funding. If it intends to develop new products and enter into newer markets then it is likely that Terry Soot will seek out startup funding to further accelerate the timetable of its ambitions.
7. Mattershaper
Year Founded: 2019
HQ: Warsaw, Poland
Size: 51-100
Founders: Ertugrul S
Mattershaper is a Polish startup that was founded in 2019 and is currently headquartered in Warsaw. If you want to leverage the power of industrial 3D printing both quickly and effectively, then Mattershaper is for you. The plug and play printers that it provides ensure that you achieve maximum precision in your printing, in addition to receiving improved productivity overall. In addition to the provision of the printers, it also provides the material for the printers so you can do everything through them.
Mattershaper has gone through a single round of startup funding since being founded. This funding round took place in April 2022 and it managed to raise a total of $250,000 in startup funding. Has allowed Mattershaper to improve the design of its printers and expand its current share in the market.
8. eGabinet
Year Founded: 2020
HQ: Pulawy, Poland
Size: 11-50
Founders: Piotr Strychalski
EGabinet is a Polish startup that was founded in 2020 and is currently based in Pulawy. You can benefit from its services whether you're a medical clinic or a doctor specifically. You can manage all of your appointments right from the platform, as well as retrieve and store the crucial medical records of your patients. Further to this, you can administer digital prescriptions and create hospital referrals for more serious conditions to your patients' in a matter of seconds. This creates better patient outcomes and also reduces the administrative burden that you face.
EGabinet has seen very recent success in raising startup funding, with the intention to support the development of its platform and also recruit additional talent to bring this development to fruition. This funding was achieved during a January 2024 funding round when it raised 548,000 Euros. The specific development will be the introduction of an accounting and finance module to its platform.
9. Helping Hand
Year Founded: 2019
HQ: Warsaw, Poland
Size: 101-250
Founders: Mariusz Kozłowski
Helping Hand is a startup in Poland that was founded in 2019 and is currently headquartered in Warsaw. It operates in the healthcare sector and is there to support you when you're struggling with mental health issues. You can get access to support from hundreds of qualified medical professionals to get support with the issues you're having. If you're a business owner, you can also sign up to a program so that your employees can all benefit from the convenience of telemedicine in mental health.
Helping Hand has been successful in raising startup funding since being founded, with its most recent funding round taking place in July 2022. This funding round allowed it to raise a total of 820,000 Euros in funding. This funding has been used to make improvements to its platform as well as allow it to pursue further growth in its current markets.
10. Restimo
Year Founded: 2020
HQ: Warsaw, Poland
Size: 11-50
Founders: Arek Bielecki, Tomasz Marcińczyk, Marcin Nowak
Restimo is a Polish startup that was founded in 2020 and is currently headquartered in Warsaw. It allows you to manage everything about your orders, all in one place. All of your restaurant sale data will be pulled into Restimo and you can have the data then sent out to your POS system and the courier you use. It currently has more than 1000 restaurants using its system, without having to completely redo their POS. Currently it is operating in more than 50 cities across Poland and Europe.
Restimo has seen very recent success in raising startup funding, as it has completed a round of funding a few days before the time of writing in February 2024. This was a Seed Funding round and it has allowed Restimo to raise a total of 465,000 Euros in funding to support the further rollout of its system to new cities and also make improvements on its existing software.
11. Saventic Health
Year Founded: 2019
HQ: Warsaw, Poland
Size: 51-100
Founders: Grzegorz W. Basak, Karol Lis, Marek Dudziński, Szymon Piatkowski
Saventic Health is a startup in Poland that was founded in 2019 and is currently headquartered in Warsaw. It utilises AI technology to assist you as a medical professional with the early and accurate diagnosis of rare diseases. As a patient, you also receive improved outcomes as you can get a diagnosis for hidden conditions that have plagued your day to day life but have not been picked up by previous medical professionals that you have visited.
Saventic Health has secured funding from three investors since being founded and its most recent funding round took place in March 2022. During this funding round, it managed to raise a total of $2.2 Million in order to improve the effectiveness of its AI models for new diseases and introduce rollouts to more medical practices, to facilitate increased patient uptake.
12. Binaryx
Year Founded: 2022
HQ: Warsaw, Poland
Size: 11-50
Founders: Oleg Kurchenko
Binaryx is a Polish startup that was founded in 2022 and is currently headquartered in Warsaw. If you're interested in getting into the property market but don't have the initial capital, then Binaryx is a solution. How it works is that it allows you to own fractional shares in real estate properties that will provide you with ongoing yield for your investment. There are properties available on the platform that can be bought into for as little as $50, highlighting how accessible it is for you, whether you're just starting out, or want something a bit more in-depth.
Binaryx has seen success in raising startup funding since being founded, with its most recent funding round taking place in January 2024. During this funding round, it managed to raise a total of $350,000. This funding will be used to increase the number of available properties on the platform as well as facilitate growth in existing and new markets.
13. Authologic
Year Founded: 2020
HQ: Warsaw, Poland
Size: 1-10
Founders: Jaroslaw Sygitowicz, Krzysztof Klimczak
Authologic is a Polish startup that was founded in 2020 and is currently headquartered in Warsaw. It allows you to supercharge the speed and effectiveness of your KYC processes by integrating with your existing systems and giving you the capability to manage every aspect of the process, from the management of IDs, to email verification and more. It is already trusted by Santander Leasing and Allegro among many other companies worldwide, highlighting its value.
Authologic has seen good success in raising startup funding since being founded, with the total funding it has raised reaching 589,000 Euros. In addition to this, it has achieved this funding by going through three rounds of startup funding and has secured the support of a number of external investors.
14. Robotec.ai
Year Founded: 2019
HQ: Warsaw, Poland
Size: 51-100
Founders: Michal Niezgoda, Marcin Majewski
Robotec.AI is a startup in Poland that was founded in 2019 and is currently headquartered in Warsaw. If you're in the autonomous vehicle sector, you need to run validation checks, tests and a range of simulations to ensure that your platform achieves the desired results and can operate safely. Robotec.ai supports this by creating a range of 3D modelled simulations that can identify how your assets are going to perform in real life with a greater degree of accuracy than is usually possible.
Despite the potential utility of its offering, Robotec.AI has not at any point announced or signalled its intention to raise startup funding to support its future goals. If it intends to create new products or expand into additional international markets, then readily available capital through startup funding may be required.
15. Every Finance
Year Founded: 2021
HQ: Warsaw, Poland
Size: 101-250
Founders: Edmond Truong, Krzysztof Gagacki, Okura Ikeda
Every Finance (formerly Formation.fi) is a Polish startup that was founded in 2021 and is currently headquartered in Warsaw. It operates a Decentralised Finance platform that allows you to leverage the benefits of a Risk Parity Protocol that allows you to quickly build an incredibly sturdy and diverse portfolio. The protocol is aimed to bring maturity and stability to the DeFi market, which is currently experiencing a range of governance and legal-based challenges.
Every Finance has gone through a single round of startup funding since being founded, however, it was quite lucrative. This round took place in May 2021 and it managed to raise a total of $3.3 Million during the funding round to improve its underlying technology and grow awareness for the Every Finance protocol.
16. Paidwork
Year Founded: 2018
HQ: Leczna, Poland
Size: 51-100
Founders: Konrad Strek
Paidwork is a Polish startup that was founded in 2018 and is currently headquartered in Leczna. If you're struggling to make money, then you can benefit from Paidwork by signing up and earning money on the blockchain in return for a range of simple tasks. Some examples of these tasks are watching adverts, filling in surveys for businesses, playing games, writing comments on content and a range of other menial tasks which can earn you some additional income into your back pocket.
Despite the benefits of Paidwork, it has not yet given any indication that it has raised or is seeking to raise additional startup funding. Due to the model of the business, it is also unclear whether it is one that would require external startup funding in order to grow and develop to the next level.
17. Demoboost
Year Founded: 2021
HQ: Warsaw, Poland
Size: 11-50
Founders: Piotr Zesiuk, Pawel Jaszczurowski, Kamil Smuga, Anna Decroix
Demoboost is a startup in Poland that was founded in 2021 and is currently headquartered in Warsaw. With it, you can create stunning, functional demos that actually capture the essence of your product, allowing you to better engage with customers and close more of your leads into sales. You can also track and monitor the performance of your demos, allowing you to identify if there's anything that needs tweaking and maximising your effectiveness.
Demoboost has seen previous success in raising startup funding, with its most recent funding round taking place in October 2022. During this funding round, it managed to raise a total of 1.7 Million Euros in pre-seed funding and this funding has been put to use for a global expansion of its operations, coupled with accelerating its timetable for development of the Demoboost platform.
18. Dyvenia
Year Founded: 2021
HQ: Krakow, Poland
Size: 51-100
Founders: Alessio Civitillo
Dyvenia is a Polish startup that was founded in 2021 and is currently headquartered in Krakow. By utilising its power data platform, you can turn data across multiple key business units into actionable intelligence, allowing for better decision-making capabilities. This data can also be visualised for ease of use. If your team struggles with data literacy, it also comes with functionality to train your staff to improve their knowledge and capability to use data effectively.
Despite the Big Data market being prime for investment, Dyvenia has not yet publicly announced any raise of startup funding. As it continues to grow, there may be further product development or international expansion needs that require a round of startup funding, however nothing has yet been indicated.
19. StepApp
Year Founded: 2021
HQ: Warsaw, Poland
Size: 101-250
Founders: Praveen Tyagi, Jatin Solanki
StepApp is a Polish startup that was founded in 2021 and is currently based in Warsaw. If you have a lot of free time on your hands and want to earn some additional money, then you should download StepApp. It allows you to easily find work as a cleaner with a range of nearby clients. Additionally, if you're a person that needs their home cleaned, then you can quickly and easily book a cleaner to arrive at your property, at your convenience and have high-quality service.
StepApp has gone through a single round of startup funding since being founded, with this funding round taking place in December 2022 and was led by SMOK Ventures. During this funding round, StepApp managed to raise a figure of $497,000 to further the growth and development of its platform and underlying business model.
20. Retro Bridge
Year Founded: 2023
HQ: Warsaw, Poland
Size: 1-10
Founders: Davyd Koriahin, Mykhailo Adzhoiev
Retro Bridge is a Polish startup that was founded in 2023 and is currently headquartered in Warsaw. It allows you to instantly bridge across any blockchain for the lowest possible fees, with most coming in at less than $2.00 and then average bridge time taking less than a minute. This presents a very efficient and cost-effective solution for your bridging needs. You also benefit from the fact that you can use more than 20 bridging directions.
Retro Bridge has seen recent success in raising startup funding, with its recent funding round being a Seed round that took place in November 2023. During this Seed round, it managed to raise a total of $500,000. This funding will be used to improve the underlying technology of the bridging protocol and also build more share in the market.
21. Respo.Vision
Year Founded: 2020
HQ: Warsaw, Poland
Size: 11-50
Founders: Lukasz Grad, Mateusz Szala, Pawel Osterreicher, Wojciech Rosinski
Respo.Vision is a Polish startup that was founded in 2020 and is currently headquartered in Warsaw. If you're a sports coach, scout, or manager you can leverage the benefits of AI and AR technology to see every angle and aspect of your team's performance. This allows you to finely tune your tactics for your next games, as well as identifying areas of individual improvement that are required in your players in addition to the aforementioned tactical aspects.
Respo.Vision has gone through a single round of funding since being founded, with this funding round taking place in May 2021 and was led by FF Venture Capital. During this funding round, it managed to raise a total of $1.22 Million to further develop its AR and AI technologies to provide further use cases for analysts and coaches in professional sports teams.
FAQs
What Are The Strongest Startup Industries In Poland?
The strongest startup industries in Poland are Marketing & Sales, IoT, AI and Healthcare.
How Much Funding Do Polish Startups Raise?
During 2023, Polish startups raised a total of 466 Million Euros in funding.
How Many Tech Startups Are There In Poland?
Most recent statistics estimate that there are more than 3,300 tech startups operating in Poland.
