Since 2017, their value creation has increased five times and together they are valued at 340 billion euro.
But who are these companies and how do they perform? And what is the characteristic of the Nordic scaleup landscape anno 2022?
A new report by Dealroom and Nordic Innovation maps out the Top1000 Nordic scaleup companies by name, including the Top50 national rankings in Denmark, Norway, Sweden, Finland and Top10 in Iceland. The report also investigates how the scaleup landscape looks like in Nordic countries.
“With this report we have taken one step further in unlocking the truth about the Nordic scaleup landscape. This way we showcase Nordic scaleups and the entrepreneurs that run them, their achievements and impact in the Nordic ecosystem”, says Svein Berg, Managing Director at Nordic Innovation.
The Top1000 scaleups include all Nordic companies founded in or after 1990 whose annual revenue is at minimum of two million euro, has a team of more than ten employees, and an annual growth of at least 20% in the past 3 years.
“We have supported Nordic scaleups through the Nordic Scalers program since 2017. With this report you will for the first time ever learn the Top1000 Nordic scaleups by their names and what characterizes the Nordic scaleup landscape today. We also want to acknowledge Nordic scalers alumni and the Nordic Scaleup Awards 2022 finalists who have reached Top50 national rankings”, says Anna-Maija Sunnanmark, Head of Program at Nordic Innovation.
“Data has power, and visibility may help Nordic scaleups and the wider scaleup ecosystem to create more potential growth and impact”, she continues.
