2015
2016
2017
QUARTERLY AND ANNUAL TURNOVERS
#estonianmafia
2017 YEAR IN REVIEW
3 Exits
Teleport was acquired by MoveGuides
PlanetOS by Intertrust
Zeroturnaround by Rogue Wave Software
*Deal sizes are undisclosed, but at least one of them estimated to be in 50MEUR range.
270M
EMPLOYMENT TAXES
STARTUP HEADCOUNT
30% GROWTH
4300
people in total including offices abroad.
Since 2017 employment data is publicly accessible through Statistics Estonia. More than 500 new jobs were created during the year only in Estonian offices.
*The turnover data relies on quarterly data published by Statistics Estonia since April 2017. Only turnovers consolidated into Estonian business entities have been included here.
SOURCES
Startup Estonia; Statistics Estonia; Crowdsourced databases Estonian Startup Jobs and Headcount, Funding of Estonian Tech Startups #estonianmafia,
CREATED BY
Rivo Riistop / Startup Estonia
Add short body of t
raised in 2017
- Transferwise 240M
- Skeleton Technologies 15M
- Jobbatical 3,5M
- Zeroturnaround 3,5M
Tax contributions have been growing by a 3rd year- on -year basis totalling to
37MEUR in 2017
from 28M (2016) and 21M a year before.
BIGGEST EMPLOYERS
Biggest employers:
486 in EE; 350 abroad
287 in EE; 72 abroad
Went from 39 to 174 people in EE; 150 abroad
270 MEUR in REVENUES