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16 Dutch Startups to Watch In 2024
16 promising startups from the Netherlands to keep an eye in 2024
In the vibrant landscape of Dutch entrepreneurship, 2024 promises to be an exciting year filled with innovation and growth, much like the intricate canals that weave through Amsterdam or the steadfast windmills that dot the countryside. This article highlights 16 Dutch startups that are poised to capture attention and drive change across various sectors. From technology to sustainability, these emerging companies exemplify the spirit of creativity and ingenuity that defines the Dutch startup scene. Join us as we delve into these startups and explore what makes them ones to watch in the year ahead.
bunq
Founded in 2012 by Ali Niknam, Bunq is a leading Dutch neobank known for its user-centric approach and innovative features. With €366.9M raised through 7 rounds, Bunq offers current and savings accounts, debit cards, and payment processing.
Carbon Equity
Carbon Equity, founded in 2021 by Jacqueline van den Ende, Jeff Gomez, Lara Koole, and Tim Molendijk, is a climate-focused investing platform specializing in alternative investments. The company has raised €9M across 4 funding rounds. Carbon Equity aims to empower investors to make sustainable financial decisions by offering opportunities in climate-conscious alternative investments.
DataSnipper
DataSnipper is a pioneering financial audit company offering an AI-powered intelligent automation platform integrated into Excel. Founded in 2017 by Jonas Ruyter, Kai Bakker, and Maarten Alblas, DataSnipper has nearly 200 employees and recently achieved a major milestone with a $100M Series B funding round led by Index Ventures.
Dusk Network
Dusk Network, a Netherlands-based startup founded in 2018, offers a privacy blockchain for financial applications. Their XSC blockchain solution standardizes the issuance of financial instruments via tokenization. In March 2024, they partnered with NPEX to launch Europe's first fully regulated security exchange for digital assets. They've also invested in OutDID, a London-based startup, and raised $1M from investors including COSIMO X and Bitfinex.
Incision
Incision, founded by Theo Wiggers, is a top platform for surgical performance and online training. With $13.1M raised across 2 funding rounds, including a recent Series B in 2023, Incision focuses on advancing medical education and improving surgical outcomes through innovative technology. This platform offers valuable resources for healthcare professionals seeking specialized training, shaping the future of surgical education and performance.
InfinitSpace
InfinitSpace is a Dutch startup that creates and manages tech-enabled white-label flexible workspaces on behalf of commercial landlords. Founded by Wybo Wijnbergen and his brother Wilco Wijnbergen, InfinitSpace partners with landlords to transform traditional office spaces into flexible workspaces, offering coworking and private office memberships with flexible terms suitable for various needs. The company has raised a $1.2M Seed round in 2021.
Insify
Insify, an Amsterdam-based insurtech startup founded in 2020, provides business insurance solutions for freelancers and SMEs across Europe. With €27.4M raised over 3 rounds, including a recent €10M extension to its Series A led by Munich Re Ventures, Insify aims to improve accessibility to insurance by reducing costs. They've rapidly expanded their client base and launched in France and Germany, with plans for further growth using the fresh funding.
Lepaya
Lepaya, founded in 2018 by René Janssen and Peter Kuperus, is an edtech startup focused on empowering professionals and businesses through innovative training and upskilling solutions. The company's AI-driven capability development platform combines online, offline, and virtual reality training to help organizations identify and address skills gaps among employees. Lepaya has raised significant funding, including a $38 million round in 2023 led by Endeit Capital, to expand its AI-powered upskilling offerings and reach more clients.
Mollie
Mollie, founded in 2004 by Adriaan Mol, provides an API-driven payments platform for businesses. Processing over €20 billion in transactions in 2021 with 120,000 monthly active merchants, Mollie raised $928M in its latest funding round in June 2021, valuing the company at $6.5 billion, Europe's third-largest fintech unicorn.
NXT Grid
NXT Grid is a Dutch startup founded on March 1, 2019, by Bert Dequae, Erik van der Heide, Fabio De Pascale, and Witek Lukaszynski. The company specializes in providing solar mini-grid solutions for rural communities in Africa. NXT Grid has raised a total of $1.4M in funding from a Pre-Seed round raised on December 15, 2021, with investment from Katapult and AllOn.
Quatt
Quatt, founded in 2021 by brothers Bas and Marijn Flipse, is a Dutch startup focused on AI-powered smart hybrid heat pumps to accelerate the shift towards sustainable home energy and reduce gas consumption. The company has raised €4.8M in funding, including a €2M seed round from Impact Equity Fund and Siep van der Valk, and a recent €1.5M debt financing round through Duurzaam Investeren.
Settly
Settly, founded in 2019, is an Amsterdam-based employee relocation platform helping companies attract and retain international talent. With over 50 employees across 7 European countries and operations in key regions including the Netherlands, Germany, the UK, Spain, Portugal, Czechia, and Australia, Settly has rapidly expanded. The company secured €6M in its first investment round from notable investors like the French impact fund "2050" and Mediahuis Ventures, supporting its mission to enhance global talent mobility and workforce diversity.
SOURCE
Source.ag, founded in 2020 by Rien Kamman and Ernst van Bruggen, is a Netherlands-based agtech startup revolutionizing greenhouse agriculture with AI-powered solutions. The company has raised $37M in funding, including a $23M Series A round led by Astanor Ventures in 2023. Source.ag's innovative platform is reshaping the future of agriculture by harnessing the power of AI to enhance efficiency and sustainability in greenhouse farming.
SwipeGuide
SwipeGuide is a leading Amsterdam-based B2B SaaS company that offers a platform for creating, sharing, and tracking visual step-by-step instructions for frontline teams. Founded in 2015 by Daan Assen and Willemijn Schneyder, SwipeGuide has raised $7.49M in funding across 5 rounds, including a notable $5.94M Series A round in April 2021. The platform is trusted by major enterprises like PepsiCo, Heineken, ABB, and Orkla to improve operational efficiency and knowledge sharing.
TestGorilla
TestGorilla, founded in 2019 in the Netherlands, provides pre-employment screening assessments for recruiters and hiring managers. With $81.2M raised over 3 rounds, including a Series A round led by investors like Balderton Capital and Atomico, TestGorilla serves clients such as H&M, Revolut, Sony, and Bunq Bank.
Weaviate
Weaviate, founded in 2019 in the Netherlands, creates an AI-native vector database and cloud service. With $67.7M raised over 3 rounds, including a recent $50M Series B led by Index Ventures, the company's technology simplifies vector data management for AI developers. It serves as critical infrastructure for various AI applications, from custom search to recommendation systems.
In closing, these 16 Dutch startups represent the innovative spirit and determination that define the Netherlands' entrepreneurial landscape. As they navigate the challenges and opportunities of 2024, these ventures are poised to make significant impacts across various sectors. Keep an eye on these trailblazers—they're set to shape the future of business not only locally but on a broader scale. Stay tuned for the exciting developments ahead.