LinkedIn has selected the best startups in Austria for the first time. The financial technology Bitpanda prevailed in the first place. The cryptocurrency investment platform was founded in 2014 and achieved unicorn status that year. GoStudent and Waterdrop, a purveyor of small beverages, follow second and third on the list.
This is how the choice was made
For its lists of top startups, LinkedIn evaluates the interactions of 774 million members worldwide and analyzes four aspects: employee growth; interactions on the startup’s LinkedIn page and the profiles of its employees; Interest in the startup company’s job offers and their attractiveness to highly qualified candidates. Only independent, privately owned companies that employ 30 or more people, have been around for no more than seven years and are headquartered in the country on which they appeared. The best startups on LinkedIn are now built in 26 markets around the world.
Die LinkedIn-Top-Startups 2021
bitpanda Vienna-based investment platform for stocks, cryptocurrencies and precious metals, founded in 2014
GoStudent Presenter of video lessons for 16 subjects currently with the help of more than 1500 teachers, based in Vienna, established in 2016
A drop of water – Supplier of sugar-free tablets made from fruit and plant extracts, based in Vienna, founded in 2016
renovated – Online retailer of renewable products supporting reforestation, based in Vienna, founded in 2017
NEOM group Developer of energy storage, charging stations and energy management software, based in Freistadt, Upper Austria, founded in 2014
possibility – Software developer that analyzes marketing data from companies and makes suggestions for improvement, based in Vienna, founded in 2015
best women Manufacturer of sports nutrition and women’s sportswear, based in Innsbruck, Tirol, founded in 2015
Storebox Providing fully digital self-storage solutions with over 100 locations in the DACH region, headquartered in Vienna, founded in 2016
Pinko An online marketplace that checks products and services for sustainability and lists relevant standards, based in Vienna, founded in 2019
chrysell electric Manufacturer of high-performance, high-efficiency batteries for electric cars, ships or aircraft, based in Rainbach im Mühlkreis, Upper Austria, founded in 2015
“From the results of the best startups on LinkedIn, we can read two main trends in the Austrian startup scene: Vienna is a hotspot in Austria: Seven of the ten startups are located in the capital. Applicants looking for innovative employers will find what they are looking for here. On the one hand. On the other hand, sustainability plays an important role for candidates: Many companies are ranked in the top 10 for solutions in this field. This indicates that many employees are also looking for a meaningful job,” summarizes Jacob Schulz of LinkedIn.
Bitpanda: One of the fastest growing FinTech companies in Europe
Markus Vestel, Country Manager at Bitpanda: “Despite these turbulent times, we have been able to significantly expand our team to 600 employees, so that Bitpanda is now one of the fastest growing FinTech companies in Europe. In addition, we have introduced new and innovative products. And we became a unicorn. Of course, we are still looking for new talent in all of our European locations who want to pioneer a new, fair and accessible financial world together.”
Companies in sustainability include two revamped online marketplaces for secondhand and processed goods, such as electronics or home appliances, and Beeanco, which offers regional and sustainable products and, with its establishment in 2019, is the youngest startup on the list. Kreisel Electric wants to enable eco-friendly electronic mobility for a large number of vehicles, while the Neoom Group provides hardware and software for future renewable energy systems.