Sectors/Software/2021

Software funding in 2021

European Software startup funding raised during 2021.

In 2021, 1,259 European Software companies raised a combined €23B across 1,312 funding rounds. UK led by capital raised, and Insight Partners was the most active investor. Data as of 21 Aug 2026.

Total funding

€23B

disclosed, € normalized

Funding rounds

1,312

Companies

1,259

Top country

Break down 2021 by period

Half-year

H1 H2

Quarters

Q1 Q2 Q3 Q4

Months

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Rank among sectors

16.2% of sector funding

Debt financing

€292M

1.3% of total

Top-10 round share

23.8%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Top countries

by € raised

Top deals

largest disclosed rounds in 2021

Company	Stage	Date	Amount
Sinch	Growth/Late	May 2021	€900M
Celonis	Series D+	Jun 2021	€821M
MessageBird	Series C	Apr 2021	€663M
UiPath	Series D+	Feb 2021

View all 1,312 Software deals in 2021 →

Top investors

most active in 2021, by deal count

← All-time Software funding

Exits & M&A

306 Acquisition · 12 IPO · 8 Buyout · 8 Merger

338 exits · €28B disclosed.

Veoneer	Acquisition	Oct 2021	€3.9B
Playtech Estonia	Acquisition	Oct 2021	€3.2B
Infor	Acquisition	Jul 2021	€2.3B
Talend	Buyout	Mar 2021	€2.0B
ironSource	IPO	Jun 2021	€1.8B
Tink	Acquisition	Jun 2021	€1.7B