Signals
Funding-only, explainable estimates from the data — not predictions, and not investment advice. Each score shows its base rate and the factors behind it.
Base rates (this dataset): a round is followed by another 37% of the time · 11.6% of companies with 2+ rounds have exited. · snapshot as of 2026-06-23
Methodology →Tech.eu Heat 50
Software · top 50AllSoftwareHealthtechFintechMarketingTransportationMediaCleantechEnergyUKGermanyFranceSpainSwedenNetherlandsSwitzerlandIsrael
| # | Company | Stage | Last round | Timing | Raise next | Heat |
|---|---|---|---|---|---|---|
| 1 | VIKTOR Software · Netherlands | Series A | 2026-05 | just raised · ▲ | 32 | 99 |
| 2 | Endra Software · Sweden | Series A | 2026-06 | just raised · ▲ | 35 | 98 |
| 3 | Isembard Software · UK | Series A | 2026-03 | just raised · ▲ | 32 | 98 |
| 4 | Granola Software · UK | Other | 2026-03 | just raised · ▲ | 23 | 97 |
| 5 | Interloom Software · Germany | Seed | 2026-03 | just raised · ▲ | 32 | 97 |
| 6 | Kpler Software · Belgium | Other | 2026-06 | just raised · ▲ | 21 | 96 |
| 7 | Conduct Software · UK | Other | 2026-06 | just raised · ▲ | 21 | 94 |
| 8 | Rivage Software · France | Other | 2026-04 | just raised · ▲ | 21 | 94 |
| 9 | Alta Ares Software · France | Other | 2026-06 | just raised · ▲ | 23 | 94 |
| 10 | Hublo Software · France | Other | 2026-02 | just raised · ▲ | 21 | 92 |
| 11 | Duna Software · Netherlands | Series A | 2026-02 | just raised · ▲ | 32 | 91 |
| 12 | Tsuga Software · France | Series A | 2026-06 | just raised · ▲ | 32 | 91 |
| 13 | Bunch Software · Germany | Other | 2026-05 | just raised · ▲ | 23 | 90 |
| 14 | Undo Software · UK | Other | 2026-06 | just raised · ▲ | 21 | 90 |
| 15 | Haiqu Software · Ukraine | Seed | 2026-01 | just raised · ▲ | 32 | 90 |
| 16 | Xelix Software · UK | Series B | 2025-07 | in window · ▲ | 64 | 88 |
| 17 | Origin Software · UK | Series A | 2026-03 | just raised · ▲ | 32 | 88 |
| 18 | Validio Software · Sweden | Series A | 2026-03 | just raised · ▲ | 32 | 88 |
| 19 | Tilt Software · UK | Other | 2026-06 | just raised · ▲ | 21 | 87 |
| 20 | Kombo Software · Germany | Other | 2026-02 | just raised · ▲ | 21 | 87 |
| 21 | Companion.energy Software · Belgium | Seed | 2026-06 | just raised · ▲ | 32 | 87 |
| 22 | InnovOrder Software · France | Other | 2026-06 | just raised · ▲ | 21 | 86 |
| 23 | Paid Software · UK | Seed | 2025-09 | in window · ▲ | 54 | 86 |
| 24 | Rapidata Software · Switzerland | Seed | 2026-02 | just raised · ▲ | 32 | 86 |
| 25 | Tandem Health Software · Sweden | Series A | 2025-06 | in window · ▲ | 59 | 85 |
| 26 | Kestra Software · France | Series A | 2026-03 | just raised · ▲ | 35 | 85 |
| 27 | octonomy Software · Germany | Seed | 2025-11 | in window · ▲ | 54 | 85 |
| 28 | Redpine Software · Sweden | Seed | 2026-04 | just raised · ▲ | 32 | 85 |
| 29 | OpenTrade Software · UK | Other | 2026-05 | just raised · ▲ | 23 | 84 |
| 30 | Aikido Security Software · Belgium | Series B | 2026-01 | just raised · ▲ | 34 | 83 |
| 31 | Stacks Software · UK | Series A | 2026-02 | just raised · ▲ | 35 | 83 |
| 32 | Daytona Software · Croatia | Series A | 2026-02 | just raised · ▲ | 32 | 83 |
| 33 | Bending Spoons Software · Italy | Other | 2025-10 | in window · ▲ | 40 | 82 |
| 34 | Signal AI Software · UK | Other | 2025-09 | in window · ▲ | 40 | 82 |
| 35 | Lizy Software · Belgium | Other | 2025-08 | in window · ▲ | 40 | 82 |
| 36 | Orbital Software · UK | Series B | 2026-01 | just raised · ▲ | 34 | 82 |
| 37 | enshift Software · Netherlands | Series A | 2026-02 | just raised · ▲ | 32 | 82 |
| 38 | Audion Software · France | Other | 2026-04 | just raised · ▲ | 21 | 82 |
| 39 | Kodesage Software · Hungary | Seed | 2026-06 | just raised · ▲ | 32 | 82 |
| 40 | Dataroid Software · Türkiye | Seed | 2026-01 | just raised · ▲ | 32 | 82 |
| 41 | Synaps Software · Austria | Pre-Seed | 2026-05 | just raised · ▲ | 17 | 82 |
| 42 | Lovable Software · Sweden | Series B | 2025-12 | just raised · ▲ | 34 | 81 |
| 43 | Orbio Software · Spain | Series A | 2026-06 | just raised · ▲ | 32 | 81 |
| 44 | OTee Software · Norway | Seed | 2026-04 | just raised · ▲ | 32 | 81 |
| 45 | Fresha Software · UK | Series C | 2026-05 | just raised · ▲ | 36 | 80 |
| 46 | voize Software · Germany | Series A | 2025-11 | just raised · ▲ | 35 | 80 |
| 47 | Prelude Software · France | Series A | 2026-05 | just raised · ▲ | 32 | 80 |
| 48 | ClaimSorted Software · UK | Seed | 2025-10 | in window · ▲ | 54 | 80 |
| 49 | The Mobile-First Company Software · France | Seed | 2025-10 | in window · ▲ | 59 | 80 |
| 50 | Dojo AI Software · Portugal | Seed | 2026-04 | just raised · ▲ | 32 | 80 |
Most likely to raise next
next-round likelihood- Tourlane71In typical raise window
- Framer71In typical raise window
- ŌURA71In typical raise window
- Tines68In typical raise window
- This68In typical raise window
- Pactum68In typical raise window
- CarOnSale68In typical raise window
- Distribusion Technologies68In typical raise window
- TechBBQ68In typical raise window
- WeTravel68In typical raise window
- BCAS67In typical raise window
- Oura Health65In typical raise window
Exit candidates
exit likelihood · 2+ rounds- Letgo314 rounds raised
- Factris286 rounds raised
- Pennylane287 rounds raised
- ManoMano288 rounds raised
- Pigment285 rounds raised
- Gett (GetTaxi)288 rounds raised
- Prophesee284 rounds raised
- Klarna2821 rounds raised
- Lightyear287 rounds raised
- Playtomic286 rounds raised
- N8N285 rounds raised
- Carbon Clean Solutions284 rounds raised
Scores are model estimates, not facts: a base rate computed from this dataset, adjusted by transparent funding-only factors (timing vs cohort gap, round-size momentum, backer re-investment, firm characteristics). No per-company “unicorn” probability is published. In a back-test (cut-off 30 June 2023, 18-month horizon), companies the model placed in their typical raise window went on to raise again about 1.8× as often as the average tracked company (~14% vs ~8%), while companies flagged dormant raised under 1% of the time. Estimates, not predictions.