Estonian companies among the best start-ups

Last week brought news concerning Estonian companies that have been included among the world’s best start-up companies.

Guidewire Group, a market research and consultation company presented the list of the 100 leading start-up companies Innovate!100, which included six Estonian companies. One of the top ten spots was given to Now!Innovations, a developer of digital permits and tickets. The 53rd spot is held by TaxiPal, a company that offers a mobile-based taxi search service. In 84th place is Edicy, which is involved in developing an application for making websites, and in 87th Fits.me, a company that sells virtual fitting rooms. Positions 96 and 97 are held side-by-side by two Estonian companies, Nutiteq, which provides mobile map services, and GrabCAD, which develops social network and webCAD solutions for engineers.

The Wall Street Journal, a USA business newspaper, listed the ten most outstanding European start-up companies, which also includes Erply, which has already been called the Skype of business software by Techcrunch.

On 6th and 7th December, the European Venture Summit – a competition for European start-ups was held in Düsseldorf. At this competition, Europe’s venture capitalists selected two Estonian companies among the 25 best start-ups – PayPal and Defendec, which develops a network of wireless sensors.