top 100 startups csc by vestbee
08 June 2022·18 min read

Agata Marcinek

Vestbee

TOP 100 Innovative Companies From CEE Startup Challenge

We are impressed by the high level of startup solutions that have been appreciated in the CEE Startup Challenge powered by Vestbee - the biggest online competition dedicated to regional startups and scaleups from Central and Eastern Europe raising seed, pre-series A, series A and beyond in crucial verticals. Here we have prepared the overview of top 100 promising companies that are worth your attention:

  • InStreamly - the winner of the 7th edition of CEE Startup Challenge, is a Polish automated management platform for streamers aiming to help them grow by taking advantage of disruptive technology. It leads to an increase in the level of the playing field for players, brands and streaming platforms.
  • ResQuant – silver medalist in CEE Startup Challenge is a deep-tech, cybersecurity company operating on the border of science and business. What distinguishes them is the cryptographic agility that enables a wide range of applications.
  • Vocal Image - Estonia-based company, which took 3rd place on the podium, is a speech training and voice therapy app for speakers, singers, or salesmen. Vocal image builds solutions for wellbeing, accent reduction, self-perception and solves any voice problem. By using this app, people can improve their voice and practice anytime, anywhere and at a good price.
  • Efectio - is a platform that mixes technology and educational tasks to shape positive work culture and help companies motivate employees. Its aim is to offer an innovative employee engagement tool based on science and data, promote individual engagement in the organisation and motivate employees to learn important information about their company.
  • TransactionLink – startup staying on top of the highest regulatory and security standards. What is more, they transform how FinTech operates in a smooth and easy way by bringing together engineers, designers, lawyers, analysts, and managers from all around Europe and uniting them around the vision.
  • Localazy – is the app that helps developers, teams & businesses to automate the localization process entirely. The huge advantage of this tool is that it automatically translates texts, including new and updated ones.
  • Postis – a platform where IT meets logistics, retail and transportation by empowering the distribution and delivery through open platforms, systems integration, machine learning, data-driven decisions and process automation. Moreover, it is helpful in a process of productivity growth, streamlined operations, cost optimizations, business model transformation, up-scaling and much more.
  • Overly -  is a promising platform that empowers its users to create their own augmented reality content in a few simple steps. It also adds a dimension to traditional media and is an added value starting with personal use, through education, all the way to business events and marketing campaigns.
  • Epidemic - is a startup from Slovenia which enables creators to collaborate with brands matching their interests and beliefs. This marketing solution uses the proprietary AI algorithm, which helps to identify local, niche, creative opinion leaders and select the best people to promote a brand to the target audience. The community consists of 56 thousand influencers, more than 400 brands and also over 800 campaigns.
  • SolarAide - is a platform which helps households to understand how solar energy affects their electricity bills. At the same time, it facilitates energy usage data exchange and connects solar owners to digital networks.
  • 4Semantics – Polish startup whose mission is to develop document understanding technologies which are used to build the SensID product line - solutions that automate complex tasks that require intelligence.
  • 4Trans Factoring – is a Czech Republic based company providing the fastest financing solution in the market to underserved businesses in logistics. As the leader in inclusive SME finance in CEE, 4Trans empowers the potential of small businesses and allows their owners to focus on leading a growing business.
  • Acounto – Estonian startup that aims to automate accounting, payroll and reporting so that entrepreneurs can focus on doing business, not paperwork.
  • Activechat.ai - an advanced visual chatbot platform that focuses on the conversational design and is based on the concept of "LEGO for Chatbots". The startup's mission is to put the conversational power of artificial intelligence into the hands of customer service leaders around the world to help solve daily tasks and improve procedures.
  • AIScreen Digital Signage Platform – Polish startup focused on letting entrepreneurs easily set up a screen network, create or connect important information to screens, and easily amplify what matters to the audience.
  • Artificial Intelligence Expert – startup from Romania which uses an approach based on an informative class of molecular alterations (microRNA), Data Science, Intelligent Automation, and Artificial Intelligence to make non-invasive, highly accurate multi-cancer diagnosis and early detection a routine. It dramatically increases the survival rate and decreases treatment costs.
  • benme – Lithuania-based platform helping employers to bring all benefits for employees in one easy-to-use place. It also provides a self-service marketplace.
  • Bitskout - Estonian startup awarded by UNESCO that allows teams to double their productivity and engagement at work by making their tools smarter. With the help of a simple UI, any user regardless of expertise can set up a smart plugin powered by no-code & no-training needed AI and add it to their tools of choice in minutes.
  • Bright Spaces - end-to-end digital leasing solution for commercial real estate worldwide from Romania. They enhance the showcasing, inventory & lead management, reporting, and communication between landlords, brokers, and tenants.
  • Carbominer – Ukrainian startup developing new CO₂ direct air capture technology to help greenhouse growers switch to sustainable CO₂.
  • CloudCart – Bulgaria-based company whose goal is to become the world’s easiest, time- & money-saving eCommerce software that automates and optimises stores, ad campaigns, and clients' requests with the help of AI technology.
  • CopyMonkey – Latvian startup focused on AI content generation for eCommerce.Their distinguishing feature is using a combination of proprietary models and fine-tuned GPT-3 to generate content.
  • Cryptiony R&D – is a Polish assets tax automation software providing B2C SaaS for the Polish market which simplifies digital assets tax calculation and allows monitoring of tax liabilities in real-time.
  • cux.io – is the first-ever UX & Analytics Automation tool detecting behavioural patterns within digital products that predicts which users' behaviours may inhibit conversion from Poland.
  • Dashfactory GmbH – Germany startup focusing on innovation for smart cities and on individual mobility, mostly on digitising cycling traffic for improving infrastructure with our products DASHBIKE and DASHTRACK.
  • Dataplace.ai – Polish company which helps businesses understand where their customers are in the offline world, whether it’s about mapping customers’ journey, defining the location for a new store, driving offline-online communication or identifying points of sale with the highest sales potential.
  • DigitalFirst.AI – next startup from Poland whose aim is to find the best growth-hacking tactics for businesses with AI using a marketing platform.
  • DioMEDe Sciences – Polish/American startup creating early stage biological therapies for clinical development up 6x faster and up to 250x cheaper with complete transparency. They use a proprietary Deep-Tech platform to design drugs in the computer where it is safe, fast and cheap.
  • Dronehub – Poland-based startup bringing automation into the drone industry by creating all-weather drone hubs for continuous drone operations as the autonomous game-changer for inspection and monitoring.
  • DSERVE – Lithuanian company whose vision is a world without cashiers. That’s why they aim to implement the ultimate self-checkout for convenience stores.
  • Elevate Global – Macedonian startup focusing on an autonomous energy forecasting solution, that helps companies to improve the short-term planning and optimization of their energy resources and to reduce their energy waste.
  • Erudera – Kosovo-based startup which provides study program recommendations backed by artificial intelligence and matches students with the right universities.
  • EYENIMAGE – Polish company helping to find out what is worth changing or improving in someone’s image. It motivates users for mutual help and connects the community with experts in various fields of fashion, health and image.
  • Finappie – Slovakia-based financial planning tool for SMEs which is useful to analyse spending, create a forecast, plan future cash flow, invoicing, reminders, and centralise receipts and documents for the accountant.
  • FinqUP – Macedonian investing app that allows users to diversify their investment across a plethora of verified portfolio managers and professional traders in one click, for free.
  • FLOWPAY – Czech-Republic based platform for e-commerce, payment gateway providers and POS systems which uses machine learning algorithms to prepare tailored financings for customers needs.
  • FlyAgData – Ukrainian startup’s solution that decreases costs on agri-production and increases farms' profitability/margin by collecting agronomical and machinery data online from machinery.
  • Frontu(formerly Tasker) - technician first service execution software for maintenance management from Lithuania which helps businesses to manage remote technicians who are doing maintenance of heavy machinery, vending machines, installing security systems or executing building maintenance.
  • Globe Green Energy – startup from Poland developing Thermal System for Biomass 3000, with an effective biomass combustion and cogeneration (heat & electricity). The system has high efficiency of thermal energy conversion into electricity, is multi-fuel and distinguished by clean combustion.
  • Tripsome – Azerbaijan-based marketplace for booking tickets to activities and experiences instantly. Its goal is to implement a specialised product with traction and an experienced team with a vision to enrich the lives of users by giving everyone the opportunity to discover their own passion in life.
  • Heylama – German holistic platform with native tutors, an integrated practice app, granular progress tracking, and social gamification which makes effective language learning feel effortless
  • INKsearch - SaaS-enabled marketplace for tattoo industry. It is a comprehensive tool for booking & paying for amazing tattoos made by professional artists from Poland.
  • Insbay – Polish mobile AD-TECH platform, which incorporates a wide range of functionalities for TV media, product placement sponsors and users. Customers can buy exactly the same inspirations as seen on the TV shows.
  • IT-c – Hungarian startup which provides proprietary software for the operation of the traffic lights. This solution enables the traffic lights to operate based on live traffic conditions.
  • Kedeon – Latvian company which provides a cold-supply chain monitoring platform that utilises IoT solutions and provides transparent and trustable measurements to all involved parties. Moreover, it helps to protect the brand image and increase customer trust and confidence.
  • Knolyx – Romanian startup which gives access to all the knowledge in the organisation, while ensuring that everyone has the agile learning experience they need. They build Communities of Practice, which enhance social learning and give employees the opportunity to choose their so-called mentors and to mutually develop each other, while accomplishing their job responsibilities at the same time.
  • KTW Technology – Czech Republic based startup transferring innovations from space tech to develop them further in order to create a double impact in industry and mobility by increasing efficiency and sustainability.
  • Listny Cud – Polish vertical farms where eco plants are grown to be sold. The company’s aim is to develop technological solutions i.e. first in-store vertical farms in Poland or office-dedicated vertical farms.
  • Lookerz.me – Ukrainian off-line seller replacing other sellers on-line, getting items from the last pages of the catalog and showing them to the user through Looks and Similar Items.
  • Maestro Amadeus – Slovenian, complete platform for collaboration between musicians, usage of digital sheet music and a large community-based sheet music marketplace.
  • MANNA – Ukrainian, interactive 3D streaming network which allows anyone to co-create cinema-quality XR content with their community, monetize it and interact in 3D Web/Metaverse.
  • MIFood Robot – Polish startup focused on providing automation and robotization services in the process of harvesting and collecting food in farms. The robot replaces farmers, collects and stores food items including fruit and vegetables in farms faster, maximizes crops produced and enhances sustainability increasing efficiency and reducing co2 emission on harvesting.
  • Mildable – Polish startup providing a personal assistant in the digital world which helps businesses fulfill immersive customer care and support decision making with an interactive video assistant solution.
  • Mobiform – Ukrainian platform for selling custom cabinet furniture online with VR planner connected to fully automatic furniture factories all over the globe.
  • mTap – Polish startup which delivers a full end-to-end solution for streetlight management systems and offers a full range of hardware starting from the control cabinet and ending on every lamp controller.
  • Mutumutu - startup from Czech Republic which is on a mission to create the world's largest life & income protection insurance by motivating customers to live safe & healthy lives by giving them cash-back.
  • NACVIEW – Polish Network Access Control solution which allows control and identities that try to access the network - wired and wireless, including VPN connections. It also secures corporate networks - thanks to them, companies become safer and network management is a pleasure.
  • nect WORLD – Ukrainian startup creating nect MODEM - the only solution available for secure and reliable laptop Internet connection that combines location indifference, stability of the connection, security, and ease of daily usage.
  • NeuroGames Lab - Polish automated SaaS platform with HR games based on gamification, neuroscience, psychology and AI/ML.
  • Ninja Lender - B2B platform from Poland helping banks and credit institutions reduce the wastage of loan applications by matching rejected borrowers with other credit providers.
  • Nordigen – Latvian startup providing free access to open banking data in Europe through one API platform. It helps to connect with account data, transactions and balances.
  • Proky.io – Slovenian platform which helps the hospitality industry save time and money by digitizing their supply chains and procurement processes.
  • Publitio – Serbian startup providing end-to-end solutions for Media Assets Management in the cloud.
  • Qoolers – a growing technology company from the Czech Republic that improves the driving experience of electric vehicles via thermal management products and services.
  • Questpass – Polish moneyless paywall combined with a new ad format.
    It provides 100% ad visibility, 0% banner blindness, no ad fraud (quest works like captcha), and regains access to adblock users.
  • Relaxifyapp – Bulgarian mobile app which offers well-being checks, recommends personal exercise and games, and tracks improvement progress. Its mission is to achieve better mental health conditions through inner peace and balance.
  • RobinBrick – Polish startup which brings a new dimension to e-commerce by generating a new sales channel that humanizes digital shopping and globalizes physical stores. Moreover, it also focused on optimizing performance and enhancing the role of people at the point of sale by helping shopkeepers and brands to integrate “phygital” processes into their marketing strategy.
  • RVmagnetics – Slovakian R&D company that develops the smallest passive sensor in the world based on MicroWire. The scope of their work lies in prototyping and customization. Since 2015, it has been organically growing to meet the needs for unique sensor technology of innovative leaders.
  • Rytme - Polish app for smartphones / tablets for patients with various health problems offering a daily program including educational content and ready-made tools to implement the recommendations. Rytme looks at the issue from both perspectives: medical practitioners and patients.
  • Scanbro – Estonian new generation supply chain solution for B2B industrial wholesalers to automate and increase their sales using computer vision and AI technology.
  • SEARADAR - a full-cycle concierge platform from Lithuania for booking yachts which uses human-like robots to support clients 24/7. It also provides an automated concierge-model making it possible to share just 3 data regarding the future trip and the client will be given 6 best yachts with online payment available links.
  • See My Model - Polish tool to adapt 3D models to augmented reality for everyone. It is a platform supporting 12 different graphics programs which does AR automatically.
  • Sensfix – Polish, digital workflow company that uses multi-modal AI and mixed reality to digitize and automate workflows and decision-making in logistics, maintenance, repairs and operations for industrial customers.
  • SIA Got Foods – Latvian startup developing solution to utilize and maximize the output from plant-based proteins due to the forecasts that 75% of the world will have suffered lactose and 50% of the European population will have been allergic to that by 2025.
  • SISIFLOW - Estonian easy solution for managing business cash-flows. There is no need for special knowledge of accounting, because with SISIFLOW the user has a comprehensive overview of where the business is heading.
  • Smart Guide – Czech Republic based global B2B2C platform which makes it easy for tourist destinations and storytellers to digitize tour guides. Then, Smart Guide leads travelers using audio, geolocation and Augmented Reality like a live guide.
  • SmilePay – Lithuanian startup which built an advanced facial recognition solution with data privacy in mind to bring all the stakeholders together in the host country where the data is stored locally.
  • Stabilis.io – Polish low-code programming platform, which enables fast and effective development of applications for the industry, open to continuous adaptation to the changing needs of the end-users. This technology allows quickly and safely changes of running applications and adding functionalities that were not anticipated at the time of its creation.
  • StreamBee – Czech Republic based startup building actionable insights for content creators and live streamers on platforms like Twitch, YouTube, Facebook Gaming, and more.
  • Supertalent - an AI-powered platform from the Czech Republic that enables better diversity and inclusion of aptitude at work by connecting companies with crucial features based on the talent's fit with company values and the overall culture.
  • Talent Alpha - Polish B2B Human Cloud Platform that provides Tech Teams on demand. The aim is to connect clients with small and medium IT Services Companies, offering Talent-as-a-Service.
  • TeamFeedback – Polish SaaS developing a brand new tool that provides a structured feedback process, easy skills matrix mapping, development goals setting and scrum values tracking to significantly decrease the turnover rate. Moreover, it is the first solution that gives workers full access to all the data in a clear dashboard making feedback a democratized tool.
  • TelaDoc – Romanian startup which provides an all-in-one solution for medical care including the MyTeleDoc-App access to a large network of local doctors and allows customers to talk to a doctor 24/7, regardless of the customer's location.
  • THEO– German startup that transforms urban logistics: autonomous, emission-free & safe by providing semi-autonomous, human monitored delivery robots as a service for on-demand urban logistics.
  • Vestinda – Romanian investments marketplace platform for people which offers a hassle-free and affordable solution to automate and manage investments across all user’s accounts by using top algorithms created by experienced traders.
  • Virbe - Polish platform that allows you to build your own bespoke brand ambassador in a form of Virtual Being (or transform a chatbot into one) making mundane communication more engaging. The Virbes, or Virtual Beings can be implemented in omnichannel as virtual assistants but are also innate in VR/R and Metaverse ready to act as virtual hosts, or sales teams supporting various new forms of sales and advertising.
  • VivaDrive - Polish mobility and cleantech startup that helps companies introduce electric vehicles in their car fleet and to manage them. Its aim is to support the development of fleet electrification plans, assess charging site suitability and estimate the cost of infrastructure installation.
  • ViveLab Ergo – Hungarian startup which developed cloud-based ergonomic software for modeling and analyzing human beings, machines and robots moving in a 3D space. Thanks to the anthropometric database the analysis can be performed for any gender, age group, race and body structure.
  • VIVIDI – Czech Republic based platform providing structured data about customer behavior including footfall, demographics, movement, preferences, and facial expressions.
  • VMersive – Polish startup which enables users to view and manipulate medical images in 3D using virtual reality technology. Medical specialists can plan medical procedures using digital twins of devices such as implants or circulatory support devices directly in the application.
  • WasteLocker – Estonian startup whose mission is to increase the reuse of materials by increasing the quality of sorted waste containers and developing a universal AI-based solution that can be customized to resolve all the issues.
  • Wellbit – Serbian tech company that combines natural techniques of gratitude mediation and savoring with new learning trends and the latest technologies. This tool provides an uplifting activities coach which motivates users to do activities that matter the most, a gratitude memory book, a meditation guide and support network.
  • Whirla – Polish office management system that supports a hybrid work model and helps lowering office maintenance costs. It’s one simple tool to manage offices, reservations and employees, with easy desk booking for users offering the admin dashboard, the mobile app and PIR sensors.
  • Worldee – Czech app provides a travel marketplace where travelers can get inspiration, plan future trips and preserve memories by exploring the beauty of the world.
  • ZENOO - Lithuanian startup focused on service for dogs by using the most advanced food preservation technology - freeze drying developed by NASA. What is more, their perspective is to expand into the cat food sector.
  • Zoyya – Croatian B2B solution offering a fair partnership and competitive advantage to small service providers with back office tools for appointment and business management, no-commission marketplace for booking appointments and affordable, all needed tools for digitalization and online presence.

Related Posts:

CEE Startup Challenge VII - TOP 10 Innovative Companies From Central & Eastern Europe (by Agata Szewczykowska, Vestbee)

Top 100 VC Funds From CEE ( by Ilya Mikhalchyk-Kananenka, Community Builder, Vestbee)

TOP 100 Innovative Companies From European Startup Challenge (by Aleksandra Wirth, Vestbee) 

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