The startup ecosystem in Poland has been experiencing steady and consistent growth since the country joined the European Union in 2004. This has led to a number of top startups coming out of the country. The amount of available Venture Capital in the country is also increasing, which in turn is breathing more life into Polish startups. There are currently more than 100 incubators and accelerators in Poland and the number grows larger every year.
There are also a number of government programmes tailored to startups, with the Start in Poland programme, which encourages young entrepreneurs from abroad to come to Poland and get access to funding, internationalization opportunities and more to help the Polish startup ecosystem to grow.
Growth in the startup ecosystem can be clearly seen by the fact that VC raised by Polish startups in 2021 reached 793 Million Euros and in 2022, the total raised in the first half of the year kept pace to eclipse this figure with 448 Million Euros raised in this time. This highlights the consistent growth in the market.
1. Redstone
Year Founded: 2021
HQ: Warsaw, Poland
Size: 1-10
Founders: Alex Suvorov, Jakub Wojciechowski, Marcin Kazmierczak
Redstone is a Polish startup that operates in the blockchain market and has done so since being founded in 2021. The company currently has two products, which are cross-chain data Oracles for both Web3 and DeFi protocols and their other product, 'Warp' which is a data-driven smart contract layer on Arweave.
The startup has gone through two rounds of startup funding since being founded, with the most recent taking place in the form of a Seed Funding round in August 2022. Overall, Redstone has managed to secure $7.5 Million in startup funding, by agreeing to deals with twelve investors.
2. Softwarehut
Year Founded: 2015
HQ: Bialystok, Poland
Size: 251-500
Founders: Mateusz Andrzejewski
Softwarehut is a Polish startup, which as implied by its name, operates in the software market. The company creates completely tailored software solutions for various businesses, ranging from startups, to digital agencies and large enterprises. They have solutions for AR and VR, websites, IoT, mobile systems and more. The startup is a Microsoft partner and has competed for a number of business awards in its category.
There is currently no public information relating to any outside investment that has been generated by Softwarehut. Despite this, the company has experienced massive growth since being founded and customer reviews highlight the fact that the Polish startup delivers high-quality solutions to its customers.
3. Wishbone Medical
Year Founded: 2016
HQ: Warsaw, Poland
Size: 11-50
Founders: Nick Deeter
Wishbone Medical is a Polish startup operating in the medical sector. The business has a global mission to support the needs of children suffering from orthopaedic issues that are not having their medical needs met. They provide the required implants and sterile packed instruments that can be used for single procedures. These tools are distributed to surgeons for use on their patients.
Since being founded, the startup has not only received startup funding but has also completed the acquisition of three other businesses. The business has been solely supported by LKCM Headwater through a number of funding rounds. The investment firm has supported Wishbone Medical with $30 Million in startup funding.
4. PayPo
Year Founded: 2017
HQ: Warsaw, Poland
Size: 51-100
Founders: Radoslaw Nawrocki, Tomasz Hadzik
PayPo is a Polish startup that operates in the FinTech market and has done since being founded in Warsaw in 2017. The company offers the largest BNPL network across Poland. This has been achieved through the company's emphasis on flexible integration, which has allowed a large number of merchants to begin offering its services. Of course, customers also benefit as they're able to get the items they need, without having to pay the full cost upfront.
The business has gone through a number of funding rounds since being founded, with these funding rounds being supported by a single investor. This investor has helped the business to raise a figure of $16.5 Million. This funding has helped the company to expand to have the largest market share in Poland at more than 70% by their figures.
5. Profitowi
Year Founded: 2018
HQ: Warsaw, Poland
Size: 251-500
Founders: Radek Olkiewicz
Profitowi is a Polish startup that was founded in 2018 and operates in the financial sector. The company fulfils an advisory role for its clients and gives them up-to-date advice on loans, insurance products and savings accounts. This helps consumers to choose the products that will give them the best benefit and lead to the best possible financial outcome for them.
There is currently no public information about startup funding related to Profitowi. Despite this, the business has managed to grow to have a large headcount and has achieved this rapidly since 2018.
6. Telemedi
Year Founded: 2014
HQ: Warsaw, Poland
Size: 51-100
Founders: Pawel Sieczkiewicz, Piotr Slomian
Telemedi is a startup in Poland that operates in the healthcare sector. The company provides healthcare companies with a platform that allows them to digitize their healthcare offerings. Some of the modules they can provide are telemedicine, automated triage based on user settings, monitoring of various medical devices and integrations with various APIs. This helps medical providers to give better services to their patients.
The company has been through a number of funding rounds since being founded, with the last round being a Series A round that took place in February 2021. In total, the Polish startup has managed to raise a figure of $7.4 Million. This funding has been achieved with the help of five investors.
7. Talent Alpha
Year Founded: 2018
HQ: Krakow, Poland
Size: 11-50
Founders: Mike Kennedy, Przemek Berendt, Szymon Niemczura
Talent Alpha is a Polish startup that was founded in 2018 and is currently based in Krakow, Poland. The company operates in the Human Resources and Recruitment sector. The company provides a marketplace to help connect global enterprises and businesses requiring technical expertise with software houses all over Europe, providing them with talent as a service. The software companies get more visibility and the enterprises get fast solutions for talent.
The business has gone through a single round of startup funding since being founded, with this taking the form of a Seed Funding round in May 2019. This funding round allowed the startup to raise a figure of $5 Million, with a single investor supporting the round.
8. Sinterit
Year Founded: 2014
HQ: Krakow, Poland
Size: 51-100
Founders: Konrad Glowacki, Michal Grzymala-Moszczynski
Sinterit is a Polish startup that was founded in 2014 and is currently based in Krakow, Poland. The company operates in the 3D printing market and provides SLS 3D printers and has a mission to make them cheaper and more accessible for public use. SLS is the next step in 3D printing technology as it allows for the printing of more complex and difficult items.
Since being founded, the company has gone through a number of funding rounds, with the most recent being a Series B funding round that took place in February 2020. In total, the business secured investment from a pair of investors, which allowed the startup to raise a figure of $3.7 Million.
9. Stava
Year Founded: 2014
HQ: Opole, Poland
Size: 251-500
Founders: Grzegorz Aksamit, Pawel Aksamit
Stava is a startup in Poland that was founded in 2014 and is currently based in Opole, Poland. The company operates in the logistics market and helps restaurants to improve the courier experience of delivering to their customers. The aim of the business is to increase efficiency in this sector by promoting the carry of multiple orders, reducing the cost of deliveries and being available for restaurants, no matter their size.
The business has gone through a single round of startup funding, with a Seed Funding round that took place in March 2021. This funding round was supported by a single investor that helped the Polish startup to raise a total of 3.4 Million PLN.
10. Trusted Twin
Year Founded: 2021
HQ: Gdansk, Poland
Size: 1-10
Founders: Jan Wyrwinski, Krzytof Malicki, Marcin Kowalski, Michal Syzmanski
Trusted Twin is a Polish startup that was founded in 2021 and is currently based in Gdasnk, Poland. The startup has created a tool for developers that allows them to immediately share operational data in a secure and rapid fashion. They aim to provide an enterprise-grade level of service and improve data operations for businesses using their tools using the digital twin concept.
Trusted Twin has already secured startup funding, despite being in its infancy. This funding was secured through a Seed Funding round, which was supported by a total of seven investors. These investors helped the company to raise a figure of 875,000 Euros. This funding was achieved in September 2022.
11. CTHINGS.CO
Year Founded: 2020
HQ: Warsaw, Poland
Size: 11-50
Founders: Aleksandar Bogoevski, Arnold Wierzejski
CTHINGS is a Polish startup that was founded in 2020 and is currently based in Warsaw, Poland. The company is behind the development and production of 5G IoT technologies, in an effort to uncover the potential of various processes and assets. Their systems are capable of generating and securing transporting large quantities of data in real-time, to provide better visibility for organizations.
The company has been successful in generating startup funding, with its last funding round being a Series A round that took place in December 2022. In total, the business has secured funding from six investors and these investors have helped the startup to raise a figure of 2.4 Million Euros in funding.
12. Selsey
Year Founded: 2016
HQ: Wroclaw, Poland
Size: 251-500
Founders: Miroslaw, Mikolaajczak
Selsey is a Polish startup that was founded in 2016 and is currently based in Wroclaw, Poland. The company is one of the largest providers of furniture and decorations in Poland and provides an online environment for customers to get access to a variety of different items for different aesthetics.
Since being founded, no public information has come out relating to its pursuit of startup funding. Despite this, the company has grown to encompass a large market share in Poland and has steadily increased its headcount over the years since being founded.
13. Beit
Year Founded: 2016
HQ: Krakow, Poland
Size: 11-50
Founders: Paulina Mazurek
Beit is a Polish startup that was founded in 2016 and is currently based in Krakow, Poland. The company operates in the IT sector and designs and implements algorithms to solve relevant NP-complete problems relating to quantum computing. This helps solve real-world problems that are encountered in logistics and manufacturing as well as other industries that could also benefit from Beit's offering.
The business has gone through a single round of startup funding that took place in October 2019 as a Seed Funding round. In this funding round, the company managed to secure investment from nine investors. As a result of this, the startup in Poland has managed to raise $1.4 Million.
14. Volumm
Year Founded: 2013
HQ: Krakow, Poland
Size: 51-100
Founders: Robert Gryn
Volumm is a Polish startup that was founded in 2013 and is currently based in Krakow, Poland. The company operates in the advertising sector and has created a platform that pulls data from all of a business's advertising campaigns in one place. It has integrations with over 70 advert platforms and allows for improved collaboration on campaigns by having all of the relevant data in one place.
Despite the increasing size of the business and its steady growth over the years, there have not been any reports about the business seeking any startup funding. Despite this, the business has won numerous awards for its solution, showing that if the business was aiming for investment, it's very likely that it would receive it.
15. Therapify
Year Founded: 2019
HQ: Krakow, Poland
Size: 11-50
Founders: Jan Pluta, Luk Pstrong
Therapify is a Polish startup that was founded in 2019 and is currently based in Krakow, Poland. The company operates in the healthcare market and has created a SaaS marketplace for businesses that are looking to add mental health care to their list of employee benefits. Their aim is to help decrease the number of people that are suffering from mental health problems but have no support, which is estimated to be more than one billion people.
The business has gone through a number of funding rounds since being founded, with the most recent taking place in January 2022. Overall, the startup in Poland has managed to secure a total of $902,600 in startup funding from its funding rounds. In total, five investors have supported the company.
16. PixBlocks
Year Founded: 2019
HQ: Poznan, Poland
Size: 51-100
Founders: Marcin Wojnowski
PixBlocks is a startup in Poland that was founded in 2019 and is currently based in the city of Poznan. The business works in the education sector and has created an app that helps users learn how to code. The benefit of this app is that it can be tailored to people of all ages and skill levels, which is great for people that are completely new to coding, or for kids trying out new things. They currently have more than 300,000 children signed up to the app and learning.
The business has gone through a single round of startup funding since being founded, with this round being a Pre-Seed funding round in February 2022. This round was supported by Movens Capital and the Polish startup managed to successfully raise a total of $500,000 from the Venture Capital Firm.
17. Packhelp
Year Founded: 2015
HQ: Warsaw, Poland
Size: 251-500
Founders: Arkadiusz Wasilonek, Konrad Kwiatkowski, Maciej Wozniczko, Maciej Zajac, Patryk Kabaj, Wojtek Sadowski
Packhelp is a large Polish startup that was founded in 2015 and is currently based in Warsaw, Poland. The business aims to improve the packaging industry by making it easier for businesses to get access to custom-made, high-quality and sustainable packaging. The whole process from the creation of the product and the delivery and management is handled by Packhelp.
Since being founded, the business has generated a large amount of startup funding- with the company's most recent funding round being a Series B round that took place in November 2021 to the tune of $45.6 Million. In total, the company has managed to successfully raise a total of $58.2 Million from twelve investors.
18. Papukurier
Year Founded: 2015
HQ: Poznan, Poland
Size: 51-100
Founders: Emil Konrad, Michal Strecker
Papukurier is a Polish startup that was founded in 2015 and is currently based in Poznan, Poland. The company offers technological solutions and support to help businesses to manage their logistics, particularly in the food and beverage industry, where speed is one of the most important things. Businesses are able to get packages to their customers quicker and cheaper than they would normally.
The business has gone through a pair of funding rounds since being founded, with the most recent taking place in December 2020 for 3.7 Million PLN. In total, the business has managed to raise a figure of 4.7 Million PLN from three investors to help further its growth and development.
19. SOLD!
Year Founded: 2022
HQ: Kielce, Poland
Size: 1-10
Founders: Piotr Golebiowksi
Sold! is a Polish startup that was founded in 2022 and is currently based in Kielce, Poland. The company operates in the social media market and has created a modern streaming platform where people can push their brands and to a greater reach and audience. This allows businesses to tap into the power of social commerce, with is a rapidly evolving part of the market.
The startup has completed two funding rounds, with the most recent taking place in November 2022 as a Seed Funding round. In total, the company has raised $179,500 from its funding rounds.
20. Auto Spektrum
Year Founded: 2013
HQ: Krakow, Poland
Size: 251-500
Founders: Piotr Jucha
Auto Spektrum is a Polish startup that was founded in 2013 and is currently based in Krakow, Poland. The company has created a large dealership agency in the last near-decade. The business sells a variety of different car brands, with a variety of different ages. This means that customers are able to get a car from Auto Spektrum, and despite their potential income, there will be a vehicle for them.
The company has not publicly sought any startup funding since being founded, despite this, the business has managed to steadily grow to a much larger headcount. This represents the strength of the company's business model.
21. Neptune
Year Founded: 2017
HQ: Warsaw, Poland
Size: 11-50
Founders: Piotr Niedzwiedz
Neptune is a Polish startup that was founded in 2017 and is currently based in Warsaw, Poland. The company operates in the analytics and technology markets, providing a solution to allow users to track the metrics that are most important to their project, without causing interference to their overall workflow. The company also provides a variety of other technology solutions to improve workflows and personal efficiency.
The startup has gone through a number of funding rounds since being founded, with the last being an $8 Million Series A round in April 2022. This was to improve their machine learning model development. In total, the business has raised a total of $12.7 Million in startup funding from seven investors.
FAQs
What Are The Strongest Industries In Poland?
The strongest emerging startup industries in Poland are FinTech, FoodTech and Artificial Intelligence.
How Many Startups Are There In Poland?
Currently, there are more than 3000 startups operating in Poland.
