// COUNTRY DOSSIER
Germany Unicorns
Every unicorn headquartered in Germany — 26 private companies valued $1B or more, tiered by paper valuation. Combined balance sheet myth: $78B.
TIER 2 // PRIORITY TARGETS
The Decacorns $10B – $99B · 2
TIER 3 // STANDING HORDE
The Unicorn Herd $1B – $9.9B · 24
- Zalando$7BECOMMERCE
- Personio$6.3BHR TECH
- Trade Republic$5.3BBANKING
- N26$3.5BFINANCIAL SERVICES
- Contentful$3BCONTENT MANAGEMENT
- Wefox$3BFINTECH
- Flink$2.85BFOOD DELIVERY
- n8n$2.5BAUTOMATION
- Mambu$2.1BBANKING SOFTWARE
- FlixMobility$2BMOBILITY
- Volocopter$1.7BAEROSPACE
- Solarisbank$1.65BBANKING
- Scalable Capital$1.4BBROKERAGE
- Razor Group$1.2BAMAZON
- Forto$1.2BFREIGHT TECH
- Staffbase$1.1BEMPLOYEE EXPERIENCE
- Grover$1BCIRCULAR ECONOMY
- Taxfix$1BFINANCIAL SOFTWARE
- volocopter$1BAEROSPACE
- Sennder$1BFREIGHT
- 1Komma5$1BCLIMATE
- Berlin Brands Group$1BECOMMERCE
- Quantum Systems$1BAEROSPACE
- Lilium$0BAEROSPACE