Ireland is becoming a hotbed for startups, with advantageous tax policies, access to funding, and a highly educated workforce. Dublin, in particular, is a thriving hub for entrepreneurs, hosting nearly 60% of the country’s startup companies. The Irish government actively supports startups through strategic investments and initiatives to foster innovation and entrepreneurship. Major multinational corporations like Google, Meta, Airbnb, Microsoft, Apple, and Amazon have also set up operations in Ireland, contributing to the growth of the startup ecosystem.
Today, we focus on ten promising startups that have emerged in Ireland since 2020. These companies, spanning various industries, have the potential to make waves in 2024 and beyond.
First on our list is Biologit, a Dublin-based company that has developed a web-based scientific literature monitoring platform powered by AI. This platform simplifies safety surveillance and enhances productivity in pharmacovigilance and safety screening for various products. Founded in 2021, Biologit has already raised €3 million to expand its operations.
Another exciting startup is IMPT.io, founded in 2022. IMPT addresses CO2 emissions through its carbon credit loyalty program built on blockchain. The Dublin-based company connects individuals with verified environmental projects, with each project addressing a ton of CO2 emissions. IMPT has successfully secured €13 million to support environmental initiatives worldwide.
Kota, founded in 2022, is dedicated to expanding access to traditional financial and insurance products for a modern generation of employers and employees. This Dublin-based startup operates in over 30 countries and has established integrations with leading health insurance and life insurance providers. With a total funding of €7.6 million, Kota aims to revolutionize the industry.
Lative, another Dublin-based startup founded in 2022, offers a leading platform designed for high-performance B2B revenue and finance teams. Their platform automates analysis and planning for increased sales growth and improved revenue efficiency. Lative integrates CRM, Finance, and HR systems in real-time, providing actionable insights and AI-powered capacity planning. They have raised €2.7 million to date.
Modeliks, founded in 2022, aims to provide SMEs and startups with a no-code business and financial planning solution. Their SaaS software helps customers in their planning and fundraising journeys. By securing €1 million in funding, Modeliks plans to expand its global presence and make planning more accessible for businesses.
OOHPod, founded in 2022, offers secure and automated storage lockers for the delivery and retrieval of packages. This Dublin-based startup provides a modern solution to package deliveries, particularly in urban areas with high demand. With a total funding of €8.5 million, OOHPod is poised to transform the delivery industry.
Positive Carbon, founded in 2022, focuses on reducing food waste in commercial kitchens. Their Dublin-based company supplies technology that closely monitors and documents waste using overhead kitchen sensors. With €3 million in funding, Positive Carbon aims to lower the carbon footprint of commercial kitchens.
Recruitroo, a Dublin-based startup founded in 2022, simplifies global recruitment for employers and candidates. Their platform facilitates the sourcing of international talent for Irish and UK companies across various industries. With an investment of €1 million, Recruitroo aims to transform the international hiring landscape.
Song Sleuth, founded in 2021 and based in Dublin, utilizes AI and machine learning to help rights owners identify undiscovered royalties. The platform scans major social platforms for unlicensed content, including live music recordings, and submits potential opportunities for monetization claims on behalf of the rights holders. With €2.3 million secured, Song Sleuth is set to shake up the music industry.
Last but not least, W4 Games, a Dublin-based startup founded in 2021, develops middleware software for seamless game portability across various video gaming consoles. Their standardized framework addresses challenges associated with open-source engines, providing efficient porting and ready-to-use export templates for Godot Engine users. With a substantial funding of €21.8 million, W4 Games aims to become a leader in game portability.
These ten startups showcase the immense potential of the Irish startup scene. With the support of the Irish government, strategic investments, and a favorable environment, these companies are poised to make a significant impact not only in Ireland but also on a global scale. Keep an eye on these rising stars in 2024 and beyond, as they continue to revolutionize their respective industries.
