Top startups in Ireland
There are 15,402 startups in Ireland which include Wayflyer, CurrencyFair, LetsGetChecked, Phorest, AccountsIQ. Out of these, 2,558 startups are funded, with 262 having secured Series A+ funding, and 9 achieving unicorn status. Banks ($7.84B) and Aircraft Financing & Leasing ($6.32B) are the top-funded sectors in Ireland, with over 238 companies, including Bank of Ireland and AerCap. Dublin (999), Cork (140), and Galway (113) are the top cities by number of startups hosted. In the last five years, 673 companies raised over $23.5B in funding across 991 rounds. Tines is the latest startup to join the Unicorn Club from Ireland. The number of companies founded have declined by 42.6%, from 251 companies in 2023 to 144 companies in 2024.
Here is the list of top startups in Ireland
1. Wayflyer
Revenue-based financing platform for e-commerce brands. It enables businesses to obtain financing options based on future revenue. It also offers an underwriting engine that analyzes the marketing performance on a daily basis, providing stores with analytics and recommendations to manage performance.
Key facts about Wayflyer
- Founded Year: 2019
- Location: Dublin (Ireland)
- Stage: Series C
- Total Funding till date: $1.24B
- Investors: QED Investors, Neuberger Berman and 23 Others
- Latest Funding Round: Series C, Sep 05, 2023, $1B
- Tracxn Score: 69/100 What is this?
- Competitors Rank: 1 of 16 Competitors
2. CurrencyFair
CurrencyFair is a cross-border money transfer platform. Users need to set up their account and deposit money by bank transfer. They enter the amount & currency they want to send and provide the recipient's details. Offers business account that can be used to pay overseas suppliers & foreign invoices and receive payments from international clients. The app is available for iOS and Android platforms.
Key facts about CurrencyFair
- Founded Year: 2010
- Location: Dublin (Ireland)
- Stage: Series B
- Total Funding till date: $23.1M
- Investors: Octopus Ventures, Enterprise Ireland and 9 Others
- Latest Funding Round: Series B, Mar 23, 2016, $8.98M
- Tracxn Score: 67/100 What is this?
- Competitors Rank: 6 of 945 Competitors
Online platform to order at-home diagnostic tests for all health conditions. Its flagship Simple range is an app to order test kits and store health and lab test results. The user can order the tests online, send a cheek swab, and then view results online through a user portal. If the presence of a disease is detected, a nurse practitioner contacts the customer and sets up an appointment with a private clinic for further discussion. The test kits offered are for detecting HPV, prostate cancer, bowel cancer, chlamydia, gonorrhea, trichomoniasis, Gardnerella, mycoplasma, ureaplasma, herpes simplex, syphilis, and hepatitis B & C.
Key facts about LetsGetChecked
- Founded Year: 2013
- Location: Dublin (Ireland)
- Stage: Series D
- Total Funding till date: $285M
- Investors: Casdin Capital, HLM Venture Partners and 12 Others
- Latest Funding Round: Series D, Sep 08, 2022, $20M
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 1 of 65 Competitors
4. Phorest
Provider of SaaS-based software solutions for beauty salon management. It provides an online booking service, POS, inventory management, treats cards and points for loyalty, and performance reports. The pricing varies on the number of features offered.
Key facts about Phorest
- Founded Year: 2003
- Location: Dublin (Ireland)
- Stage: Series B
- Total Funding till date: $49.4M
- Investors: Susquehanna Growth Equity, Enterprise Ireland and 4 Others
- Latest Funding Round: Conventional Debt, Mar 07, 2022, $12M
- Tracxn Score: 63/100 What is this?
- Competitors Rank: 4 of 895 Competitors
5. AccountsIQ
Cloud-based accounting and business management software for SMEs. It features solutions for accounts payable and receivable automation, sales and purchase order management, inventory management, cash flow management, income and expense monitoring, budgeting, tax returns, group data consolidation, digital banking integration, integrating other applications, excel add-in, workflow approval, and more.
Key facts about AccountsIQ
- Founded Year: 2004
- Location: London (United Kingdom)
- Stage: Series C
- Total Funding till date: $87.6M
- Investors: Raydock, Finch Capital and 42 Others
- Latest Funding Round: Series C, Jun 13, 2024, $64.7M
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 7 of 390 Competitors