Top 10 Most Promising Startups in Poland 2022
The Poland startup ecosystem is the most developed in the CEE (Central and Eastern Europe) area, with over 3000 startups, 300 coworking spaces, 130 venture capital firms, several accelerator programmes, and tech conferences. It’s an excellent spot to establish a startup to expand into other EU (Europian Union) markets. Polish firms, like the many multinational players in this industry, have come to understand startups and are eager to collaborate. Many of them operate their accelerators, and others have established Corporate Venture Capital funds.
Although the Polish venture capital market is only a decade old, the groundwork has already been laid. Half of the 130 VC firms are currently raising their second or third round of funding. State assistance is no longer the only option for entrepreneurs and startups in the region. In the Poland market, promising entrepreneurs looking for up to EUR1 million can readily find seasoned investors. They will, however, need to explore outside of Europe for rounds larger than EUR1 million.
Looking at top Poland startups like Booksy, Brainly, and DocPlanner, it’s very likely that Poland will see its first unicorns in the not-too-distant future. We can detect an upsurge in firms having AI components onboard in Startup Poland’s yearly research. As a result, this branch will likely develop faster than the others. On the other hand, we’re seeing a lot of new startups focusing on FoodTech or green solutions, and this could be the next big thing after FinTech and Big Data.
The absence of private cash put into the system by investors has long been one of Poland’s major flaws. However, this year has shown that Polish VCs are beginning to raise larger amounts of private cash and can co-invest in later rounds. This trend appears to be heading in the correct direction, with a group of self-contained funds capable of delivering investments on par with French or German funds in 5+ years.
Poland’s competitive advantage is based on its ability to attract top-tier technical expertise. Poland has twice as many engineers as Romania, according to Dealroom. More founders can find a market fit for their goods and then seek larger, international investments because local seed financing is readily available.
According to a new survey, Poland has more startups valued at more than $1 billion than any other CEE country. The Google and Dealroom analysis, titled ‘Coming of Age: Central and Eastern European Startups,’ examines the region’s startup growth over the last 11 years, during which time the region’s company valuation has risen from about 10 billion EUR in 2010 to 186 billion EUR this year.
These are the Most Promising Startups in Poland in 2022.
1. Brainly
Sector- Education Technology, E-Learning and Education
Products & Services- Online Learning Services
Founders- Tomasz Kraus, Lukasz Haluch and Michal Borkowski
Date Of Starting- 2009
Company Stage- Series D
Number of Investors- 12
Key Investors- Naspers, Prosus, Point Nine and General Catalyst Partners
Funding Rounds- 6
Total Funding Amount- $ 165 Million
Valuation- $ 480 Million
Brainly is a learning resource for pupils in schools. Teachers, parents, and kids all use it. Users can ask questions on a variety of topics, answer questions, and receive points for doing so. Math, physics, history, algebra, and other disciplines are among those studied. Students and parents can obtain homework and study help from peers and experts on Brainly, an online learning platform. The brand was started in 2009 by Lukasz Haluch, Michasz Borkowski, and Tomasz Kraus in Kraków, Malopolskie, Poland, and is now available in 35 countries.
Students, parents, and teachers can use Brainly to help one other with homework questions. Middle school and high school students can use the platform and its collection of websites and apps to openly ask questions of an online community of students, parents, and teachers. The software was created to help students acquire confidence from helping others and inspiring them to learn in a collaborative environment. Naspers, Kulczyk Investments, General Catalyst Partners, Point Nine Capital, Runa Capital, and Learn Capital are among the investors in Brainly.
Students utilise Brainly to improve their skills in a variety of topics, including English, math, science, and social studies. They can connect with their classmates, subject matter experts, and professional instructors to discuss their topics and get answers to their queries via the platform. Users are required to provide an explanation as well as a source for their responses. The questions are organised by subject, nation, and school level. In the paper quoted, there is no mention of parents, teachers, subject matter experts, or students’ assistance.
On Brainly, users are ranked according to their frequency and quality of responses. Some levels are awarded automatically if you gain a certain number of points or provide a certain number of high-quality responses to questions. Users can also apply for “special rankings,” which are given out for excelling in certain topics or meeting other requirements. Professional teachers are also given teacher ranks on the platform. Users who have answered the most questions or won the most points on a set of leaderboards are featured on the website. Daily, weekly, monthly, and quarterly leaderboards are available.
Brainly is currently available in 35 countries and is based in Kraków, Poland, with its US headquarters in New York City. Naspers, General Catalyst Partners, Point Nine Capital, Runa Capital, and Learn Capital are among the existing investors who have contributed a total of $150 million. The startup received another round of fundraising in October 2014, this time from General Catalyst Partners, Runa Capital, and other venture capital firms. The $9 million investment allowed for more product development as well as the establishment of the company’s US headquarters in New York City.
Another investment round of $18 million in debt and equity was announced in May 2016. Brainly purchased OpenStudy in the United States in June 2016. Brainly raised $14 million in a fundraising round led by Kulczyk Investments in October 2017. The startup was earlier created as Zadane in Poland in 2009. Within six months of the launch, the first million unique monthly users were reached. Zadane was renamed Brainly in March or April 2017. According to the company, Brainly is solely a peer-to-peer platform.
Brainly is a Poland-based educational technology startup with offices in New York City. Students, parents, and teachers can ask and answer homework questions on a peer-to-peer learning network. There are also gamification features such as ranks and points. The site enables users to join an online community by responding to questions posted by other users. As of November 2020, Brainly was the most popular education app on earth, with 350 million monthly users.
Micha Borkowski is currently the chief executive officer of the startup. The startup is the world’s largest student, parent, and teacher peer-to-peer learning network. Students connect at brainly.com and its network of websites throughout the world to receive and offer help with homework problems and questions. Students have the unique ability to freely ask questions and build the confidence that comes from helping others, which motivates them to study in a collaborative community with over a million monthly users.
2. DocPlanner
Sector- Health Care and Personal Health
Products & Services- Online Doctor Appointment Services
Founder- Lucjan Samulowski and Luca Puccioni
Date Of Starting- 2012
Geographical Range- Global
Company Stage- Series F
Number of Investors- 17
Key Investors- Point Nine, Goldman Sachs, Target Global and FJ Labs
Funding Rounds- 8
Total Funding Amount- $ 141 Million
Valuation- $ 1 Billion
Docplanner is the top healthcare booking platform in the world, with over 60 million unique patients and over 5 million bookings per month. On its websites in 12 countries, it features over 2 million healthcare providers with a total of 2 million patient reviews. DocPlanner, which has a global objective to “make healthcare more human,” offers patients free doctor reviews and appointments through its online marketplace. The startup was created in Poland in 2012 and today employs over 1,500 people in offices in Warsaw, Barcelona, Istanbul, Rome, Mexico City, Curitiba, and Bologna.
It is an online doctor appointment booking service provider. Patients can search a database of all enrolled specialists and book an appointment using the doctor’s calendar. It also allows doctors to manage their patients’ visits. It encourages patients to identify the right doctor and schedule an appointment as quickly as possible. The patient journey should be joyful, which is why this startup is always ready to assist them in finding the best care available anywhere, anytime. It also assists doctors in improving their practice management and web reputation.
Doctors may use its end-to-end solution to not only increase their online presence but also devote more time to what matters most: their patients. DocPlanner provides calendar management and a variety of other clinic administration/office functions, such as a personal tele-assistant and automatic appointment reminders, behind the scenes. It promises to handle 200,000 reservations every month. The platform allows medical practitioners to manage their professional profiles, such as tracking and reacting to patient feedback and, most importantly, taking reservations through the site.
It also provides a SaaS platform for doctors and clinics to enhance patient flow, eliminate no-shows, and digitise their practices to spend more time with patients and, as a result, improve healthcare results. DocPlanner serves this purpose by providing both a consumer-facing marketplace and cloud software for private healthcare providers, such as individual doctors, dentists, and other healthcare professionals (such as nutritionists and psychologists), as well as small and big clinics.
The startup offers a more advanced suite of optimisation technologies for large healthcare institutions under the TuoTempo name. DocPlanner has raised a total of €130 million in funding from renowned venture capital firms such as Point Nine Capital, Goldman Sachs Private Capital, and One Peak Partners. Individuals from its management team have started and built some of the most successful startups in Spain, Poland, Turkey, and Italy (e.g. goldenline, doktortakvimi.com, groupon, econozco.com).
DocPlanner, a European online booking platform for healthcare appointments, has secured $20 million in a Series C round and has merged with Doctoralia in Spain. The fresh capital, spearheaded by Target Global, will be used to expand the company’s international reach and develop its online practice management software product. DocPlanner additionally received funding from ENERN Investments and the European Bank for Reconstruction and Development (EBRD), increasing the total amount raised to $34 million.
The fact that Doctoralia’s acquisition is being described as a merger is intriguing and appropriate, while no further details have been released. Doctoralia has a monthly user base of 9 million people in 20 countries, including Spain, Brazil, Mexico, and Argentina. DocPlanner, on the other hand, claims to have 8 million monthly users and is available in 25 countries, with a headquarters in Poland and 200 workers in Warsaw, Istanbul, and Rome. The goal is to make the merged company the market leader in online booking for healthcare.
3. Ramp
Sector- Financial Technology, Blockchain and Cryptocurrency
Products & Services- Cryptocurrency Exchange
Founders- Szymon Sypniewicz, Przemek Kowalczyk
Date Of Starting- 2017
Geographical Range- Global
Company Stage- Series A
Number of Investors- 14
Key Investors- NFX, Seedcamp, Balderton Capital and Galaxy Digital
Funding Rounds- 3
Total Funding Amount- $ 64.2 Million
Valuation- $ 300 Million
Ramp is a non-custodial, full-stack payment infrastructure founded in 2017 by Szymon Sypniewicz (CEO) and Przemek Kowalczyk (CTO, CPO) based in Warsaw, Mazowieckie, Poland. The startup’s goal is to make digital assets more accessible to businesses and individuals by allowing them to send and receive crypto without having to go via an exchange like Coinbase. Ramp’s SDK enables anyone who wants to offer crypto-enabled services to do so in a matter of hours, rather than having to set up their on-ramping stack to an exchange, which is a time-consuming and sometimes costly process.
It is a decentralized exchange platform for fiat and cryptocurrencies. To enable fiat to crypto trades, the platform employs decentralised escrow systems. To place a digital asset in escrow, the seller prepares a smart contract. A payment oracle checks the buyer’s payment using open banking protocol after the buyer conducts a direct wire transfer to the seller. The assets in escrow are released by the smart contract and sent to the buyer. Ramp benefits from this because it allows consumers to migrate between Ramp-powered services without having to go through numerous authentication steps. It is not only faster for the consumers, but it is also better for Ramp.
It has partnered with over 400 developers, including Mozilla, Browser, and Dapper Labs, as well as DeFi apps like Aave, Argent, Trust Wallet, and Zerion, in part due to its ease of use. It’s also the only on-ramping partner for Sorare, a blockchain-based global sports video game, and Flow, a blockchain that specialises in non-financial trading platforms and digital assets. Ramp is a non-custodial, full-stack payment infrastructure company based in Warsaw that wants to make cryptocurrencies and digital assets more accessible to businesses and customers.
To yet, cryptocurrencies have mostly been the territory of enthusiasts and speculators, who purchase and sell digital assets on crypto exchanges like Coinbase and eToro. Sypniewicz, on the other hand, sees this swiftly evolving, with Ramp allowing websites, applications, and services to integrate payment infrastructure into their existing systems, eliminating the need for customers to go to other apps to purchase crypto assets. This is comparable to what Stripe and others have done for the e-commerce market; Stripe was valued at $95 billion in its most recent investment round.
Ramp says it can cut on-ramping time in half, compared to the months it would take to set up a company’s on-ramping stack. Balderton Capital has led a $52.7 million Series A investment for Ramp. Existing investors NFX, Galaxy Digital, Seedcamp, and Firstminute Capital joined the round, as did angel investors Taavet Hinrikus (Wise) and Francesco Simoneschi (TrueLayer). Balderton’s General Partner Rana Yared joined the Ramp board of directors as a result of the investment. The business has now raised $63 million in total.
While the majority of the R&D and operations teams are based in Poland, Sypniewicz claims that the startups’ centre of gravity, as well as senior management and commercial and compliance activities, is now relocating to London. Ramp now works with over 400 developers around the world, including Axie Infinity, Mozilla, Opera Browser, and Dapper Labs, and is the exclusive on-ramping partner for Sorare, a blockchain-based fantasy football game that raised a $680 million Series B round earlier this year, valued at $4.3 billion.
Open banking APIs are used by Ramp to link blockchain to banks. The company’s goal is to build a seamless, easy-to-use link between the open blockchain financial system and the old, closed banking system, eliminating the need for a trusted third party. Ramp was the first cryptocurrency company in Europe to be granted an open banking licence by the Polish Financial Supervision Authority last year, and it received FCA approval in the UK in July, followed by regulatory approval from the US Financial Crimes Enforcement Network in August, allowing it to operate legally in the US.
4. Molecule.One
Sector- Pharmaceutical, Software, Biotechnology and Artificial Intelligence
Products & Services- Software Research for Drug Designing and Synthesis
Founder- Pawel Laskarzewski, Piotr Byrski and Pawel Pruszynski
Date Of Starting- 2016
Geographical Range- Global
Company Stage- Series A
Number of Investors- 11
Key Investors- Cherubic Ventures, Sunfish Partners, Possible Ventures and AME Cloud Ventures
Funding Rounds- 2
Total Funding Amount- $ 4.63 Million
Valuation- $ 28 Million
Molecule.One is a Warsaw-based tech-bio startup on a mission to solve the unpredictability of organic chemistry so that drugs can be manufactured more quickly. To build solutions that speak to and empower chemists, the startup draws on its diverse background in organic chemistry, artificial intelligence, and software. It provides AI tools for chemists to help them come up with fresh ideas and increase the success rates of chemical reactions.
Molecule.One platform aids in the development of novel discovery pipelines, reduces DMTA turnaround time, and improves R&D results. Synthetic chemists can employ artificial intelligence-powered chemical synthesis tools developed by this startup. The company’s software automates a substantial portion of chemists’ laborious work in the synthesis design process by processing huge volumes of data that cannot be processed manually, giving scientists a personalised and collaborative user experience.
Essentially, the company has developed a software platform that automates the process of moving from chemicals A, B, and C to compound Z, while also accounting for and documenting the several processes in between. It’s built on a machine learning system that ingests millions of patents and known chemical processes, allowing it to connect the dots and propose a technique for making almost any complicated organic molecule. In other words, once a pharmaceutical company has the “what” — a molecule or chemical that may be able to combat Alzheimer’s disease — Molecule. The “how” is provided by this startup.
It is a provider of artificial intelligence-based tools for molecular drug design and synthesis. The technology allows users to specify search parameters and then generates relevant reactions, scores them, and assembles them into whole molecule synthesis pathways. To construct these procedures, the business uses machine learning and a massive amount of knowledge about chemical reactions.
It provides AI tools for chemists to help them come up with fresh ideas and increase the success rates of chemical reactions. Molecule.one, a Poland-based computational chemistry company, has raised $4.6 million to continue its goal to make theoretical medicinal molecules a reality. Its machine learning methods forecast the most efficient ways to synthesise potentially valuable compounds, which is an important step in developing new medications and therapies.
Atmos Ventures led the investment, with AME Cloud Ventures, Cherubic Ventures, Firlej Kastory, Inventures, Luminous Ventures, Sunfish Partners, and individuals including Bayer executive Sebastian Guth among the participants. The money will be used to grow the workforce and expand the company in general; it also wants to create new offices in the United States and Western Europe.
The startup has received $5 million in pre-seed and seed rounds collaborated with six of the world’s leading biopharma companies and was the first CEE business to launch at TechCrunch Disrupt San Francisco in 2019. Molecule.One founder spoke onstage at Disrupt SF 2019’s Startup Battlefield on the difficulties faced by the drug discovery sector, namely that they come up with a lot of theoretical cures but are unable to manufacture the compounds. They may supply a pharmaceutical business with a list of tens of thousands of structures, but the corporation must then test whether the predictions are accurate in the real world.
One needs physical access to these molecules for that simply knowing their structure won’t be enough. The way to manifest these structures is dictated by Molecule.one’s system. Naturally, the actual business is done via SaaS, and all of the labour is done on the cloud. There’s also an enterprise tier, which enables on-premises operation for businesses who prefer to keep their trade secrets on company-owned infrastructure.
5. Infermedica
Sector- Health, Health Care, Predictive Analytics and Telemedicine
Products & Services- Medical Diagnostic Services
Founders- Irving Loh, Roberto Sicconi and Piotr Orzechowski
Date Of Starting- 2012
Geographical Range- Global
Company Stage- Series B
Number of Investors- 12
Key Investors- EBRD, Dreamit, Startup Creasphere, Plug and Play Tech Center
Funding Rounds- 3
Total Funding Amount- $ 30 Million
Valuation- $ 180 Million
Infermedica is a healthcare IT firm established in Poland that creates medical software using artificial intelligence. It develops triage and basic medical diagnosis decision support technologies. The startup is working on an online diagnosis platform. The inference engine and the medical knowledge base are the two main components of Infermedica’s technology. A reasoning engine based on numerous Bayesian networks is used in the system. To assess symptoms and uncover trends in data, the business employs artificial intelligence. A team of clinicians and data extraction algorithms create and curate the medical knowledge base.
It is an artificial Intelligence-based medical diagnostic engine. The company has created a medical diagnostic engine that enables developers to create intelligent applications that assist doctors and patients in making better decisions. Infermedica offers a secure API for sending anonymised patient health data for diagnostic purposes. Patient data is processed and evaluated using machine learning techniques. The engine is designed to work with electronic health records and mobile health applications. The overall goal is to improve customer performance, make healthcare more accessible, and cut costs.
Infermedica, a major digital health startup, addresses the issue of inappropriate medical service use and misdiagnosis by offering a suite of AI-powered early diagnosis and triage solutions to insurance companies, hospitals, and health systems. Symptom Checker, Intake Form, and Infermedica API are the three items they offer. It was founded in 2012 by a group of engineers, data scientists, and physicians. Its inference engine collects intake data, checks symptoms, and directs patients to the appropriate therapy. In addition, the technology can detect emergencies and assist healthcare providers by providing early access to health information and recommendations.
Infermedica improves with time thanks to algorithms. Furthermore, a team of physicians double-checks every piece of data entered into the medical database to ensure that patients receive safe and reliable suggestions. Over 60,000 hours have been spent on reviews by physicians involved in the initiative to date. The products of Infermedica have been translated into 20 languages, making them available in places like China and the United Arab Emirates. Companies like Allianz, Dovera, Everyday Health, Médis, and Taipei Medical University Hospital have commercialised Infermedica.
The startup’s main product is a symptom checker platform for patients that employs artificial intelligence to do a preliminary diagnostic interview. The AI recommends particular activities, such as seeing or calling a doctor, self-care treatment, or travelling to an emergency room. Its technologies have been used by over 10 million people throughout the world, and it collaborates with over 90 firms, including Allianz Worldwide Partners, Microsoft, Global Excel, Médis, PZU Zdrowie, and Everyday Health, explains Piotr Orzechowski, CEO of Infermedica.
The company was founded with the help of European private and institutional investors such as RTAventures, InnovationNest, and Venture Inc, and is now a part of the Philadelphia-based startup healthcare accelerator DreamIT Health. Karma Ventures, DreamIt Ventures, Inovo Venture Partners, and Müller Medien backed Infermedica in a late-seed round of investing in 2019. The latest $10.25 million financing round for the startup will help to grow its market presence in the United States and Europe, as well as speed up technical development.
Insurance companies, hospitals, and health systems can use Infermedica’s comprehensive symptom assessment and triage technologies to combat improper medical service utilisation and misdiagnosis. Over 6 million people have utilised its technology throughout the world, and it works with over 50 companies. Infermedica is one of the providers for Microsoft Healthcare Bot, a platform for creating virtual health assistants with built-in healthcare-specific use cases and a triage engine to analyse symptoms in 17 languages.
6. Tylko
Sector- E-commerce, Furniture, Home Furnishings Manufacture and Home Improvement
Products & Services- Customised Furniture
Founders- Michal Piasecki, Mikolaj Molenda, Jacek Majewski and Benjamin Kuna
Date Of Starting- 2014
Geographical Range- Global
Company Stage- Series C
Number of Investors- 15
Key Investors- Pitango, Paua Ventures, Evil Growth Partners and Axel Springer Plug and Play Accelerator
Funding Rounds- 3
Total Funding Amount- $ 33.3 Million
Valuation- $ 145 Million
Tylko, a next-generation furniture company based in Warsaw, Poland, was founded in 2015 to improve homes with premium, personalised storage furniture. Tylko is an online furniture customization platform. Bookshelves, sideboards, seats, tables, and other items are among the company’s offerings. It uses the platform to link users with furniture designers. Users can also see their furniture before purchasing it. Its mobile version is only accessible on the iOS platform as of March 2017.
Tylko reimagines the traditional furniture-buying process, delivering fuss-free storage that is both beautiful and functional, stunning goods that make organisation simple and provide harmony to any house. Tylko is committed to developing long-lasting furniture with the planet’s health in mind, following the philosophy of “buy less, but better.” This startup wants to be the conscious furniture choice, whether through sustainably sourced materials or local production using resource-efficient sophisticated machinery, with no sacrifice on quality, style, or sustainability.
Buyers can personalise their furniture down to the last detail since the company specialises in high-quality personalised shelving. Tylko satisfies the needs of unique places through an accessible online configurator and the Tylko Augmented Reality App, which democratises bespoke design through powerful tech tools and proprietary software. Tylko has serviced around 60,000 happy customers and sold over 70,000 perfect-fit shelves all over the world. They use a fully automated manufacturing method that relies on CNC machines that receive production files directly from customers, as well as machine parks in Poland.
Tylko has focused on making the customising process as simple as possible, employing several sliders to allow users to swiftly alter and apply measurements, styles, and finishes. The design process is similarly reduced by parametric design, an algorithmic approach that allows design modifications to be rule-based and thus controlled by a slider. While consumers can’t specify exact internal shelving dimensions for a Tylko shelf, they can adjust a design by eye to achieve something that suits their needs better. Switching between different shelving designs is simple and quick, requiring only a few touches and dragging a slider until you’re satisfied with the outcome.
The startup recognised that finding the ideal piece of furniture was not going to be easy and chose to think in a customer-centric way so it could meet everyone’s wants because everything was either standardised or too complicated. It understands that going furniture shopping in the real world may be a nightmare for many people. Fighting the hustle and bustle of a busy store to select the perfect piece amid standardised products takes time, and once the product is purchased, customers frequently discover additional hidden logistical fees or, worse, have to deliver it themselves. The assembly procedure is often time-consuming, and the final product is of poor quality.
This was the startup’s motivation: to build a high-quality solution that meets its customers’ expectations from beginning to end, from customising the perfect-fit shelf through the simple in-home assembly. The team tells TechCrunch that they’ve sold products to about 3,000 people so far, with Europe being their main market so far, particularly German-speaking countries and the United Kingdom though they’ve also sent to Japan, Israel, Australia, and the United States.
Tylko describes its consumers as “design and tech-savvy,” implying that they have plenty of money to spend on minimalist-looking furniture. Buyers cannot amend their orders once they have been submitted, although the company does provide a 100-day refund period if they are unhappy with their bespoke shelving. Tylko just raised $3.1 million in a Series A round, to bolster its app-based custom flat-pack furniture business with more marketing strength and expand the range of products it offers online.
Paua Ventures, G+J Digital Ventures, Experior Venture Fund, and Daftcode Ventures are among the fresh round’s investors. Since September 2015, the firm has started selling customised wooden shelving systems online and through mobile apps, rather than through brick-and-mortar locations. Tylko has focused on making the customising process as simple as possible, employing several sliders to allow users to swiftly alter and apply measurements, styles, and finishes.
7. Omnipack
Sector- E-commerce, Logistics Technology, Supply Chain Management, Logistics and Delivery
Products & Services- Delivery Solutions
Founders- Karol Milewski, Tomek Kasperski and Rafal Szczesniewski
Date Of Starting- 2016
Geographical Range- Europe
Company Stage- Seed
Number of Investors- 9
Key Investors- Uber, Stripe, Flashpoint and SMOK Ventures
Funding Rounds- 3
Total Funding Amount- $ 11.2 Million
Valuation- $ 36 Million
Omnipack is a startup that offers full-service fulfilment. It provides full logistics services to eCommerce businesses, including storage, packaging, shipping, returns handling, and a variety of other services. It provides its clients with stable and flexible solutions, providing logistics on par with top global corporations, thanks to a mix of high-quality operations and its technology. The startup specialises in the eCommerce industry and works with over 100 businesses from all across Europe. Motorola, Wish, Bizuu, Gepetto, 9design, and several other companies are among Omnipack’s clientele.
The startup’s cutting-edge technical systems enable it to provide support for non-standard operations, logistics automation, and rapid innovation implementation. Omnipack helps over 100 enterprises, both Polish and European, every day. Its clients are assigned to an account manager who is concerned about customer satisfaction. Omnipack is a full-service eCommerce fulfilment provider. Since its inception in 2016, the company has grown to support over 100 medium to big online retailers, including Daniel Wellington, Saint + Sofia, and Wish. Omnipack has a presence in more than 40 countries.
Omnipack is a well-known name in the European shipping and fulfilment market, with a long list of satisfied customers that includes We Are Wild, Hunter & Gather, and Comfort Click, all of which are situated in the United Kingdom. It is also an English-only organisation, making it simple to communicate with clients all over the continent. Working with Omnipack means taking advantage of their contemporary warehousing facilities’ geographic location as well as the quick access to European consumers that they provide. Omnipack provides next-day delivery in Poland and Germany, as well as 2-3-day shipping throughout Europe.
The Polish startup was created on the belief that existing logistics solutions do not meet the needs of modern e-commerce businesses. Omnipack, which was founded in 2016, aims to construct Europe’s most reliable and scalable fulfilment network, to meet the expectations of a booming e-commerce sector. Following the last €2 million increase as venture debt, the Polish business has now completed its seed funding round with a total of €7.5 million. Business angels and SMOK Ventures, an early-stage venture capital firm, have backed Omnipack (investor in unicorns such as Uber and Stripe). Flashpoint led Omnipack’s most recent round.
The funds obtained in the recent funding will help Omnipack continue to grow and scale to satisfy the demands of an ever-expanding e-commerce market. Omnipack’s unique value proposition will also be enhanced through investments. This startup became an operations partner of ShipBob in January 2022 and also collaborates with Amazon roll-up Factory14 to leverage its experience in acquiring and operating digital businesses to scale brands with products in high-growth niches following international trends.
E-commerce enterprises can use Omnipack to focus on their core strengths rather than logistics, allowing them to develop beyond their physical constraints. The startup eliminates limiting issues by providing a scalable and reliable operations system thus e-commerce businesses don’t have to worry about warehouse space, staff, or capacity planning because the platform takes care of everything. Omnipack is a full-stack fulfilment company that owns the entire fulfilment process from start to finish. As a result, it can give an ‘Amazon-grade’ experience while also fulfilling its larger aim of assisting businesses in becoming more frictionless.
Since its inception in 2017, the startup has grown to service over 100 international SMB retailers, employ 200 people, and process thousands of shipments every day. Omnipack also works with customers in a variety of industries, with a focus on direct-to-consumer (D2C) businesses in cosmetics, supplements, and fashion. Omnipack also collaborates with Amazon roll-up Factory14 to scale brands with products in high-growth niches, in line with international trends.
It provides the option of converting fixed costs to variable costs based on sales volume. The startup makes it possible for its clients to develop their operations successfully, even on an international scale, thanks to its technology and handy warehouse locations (Nadarzyn and Gorzów Wielkopolski near the Germany-Poland border). The startup provides all types of delivery, including cross-border shipping and Same Day and Next Day Delivery, which are made feasible by late cut-off times.
It is an end-to-end delivery solutions provider for e-commerce firms. The platform provides e-commerce fulfilment services such as warehousing, pick-and-pack, shipping, and returns management. It serves a variety of industries, including textiles, furniture, and beauty care. The business provides subscription-based insurance products. For the eCommerce industry in Europe, it provides storage, packaging, shipping, return handling, and a variety of other services.
8. Packhelp
Sector- E-commerce, Packaging Services and Software
Products & Services- Custom Packaging Solutions
Founders- Mociej Wozniczko, Wojtek Sazowski, Konrad Kwiatkowski and Arkadiusz Wasilonek
Date Of Starting- 2015
Company Stage- Series B
Number of Investors- 14
Key Investors- FJ Labs, White Star Capital, European Investment Bank and Pro Founders Capital Partners
Funding Rounds- 5
Total Funding Amount- $ 58 Million
Valuation- $ 264 Million
Packhelp was founded in 2015 as an online marketplace for custom branded packaging in Poland. For e-commerce brands, merchants, agencies, and businesses, the startup offer unique packaging solutions. More than 50,000 clients from more than 30 marketplaces make up its customer base. Custom packaging solutions for online and offline businesses are also provided by this company. Shipping boxes, custom mailer boxes, envelopes, product boxes, and more are all available in the product catalogue. Customers can customise their packages via the internet.
Anyone can create, order, and manage custom-branded packaging with Packhelp. It links consumers with the best production options while also providing a wide selection of packaging options. Packhelp Studio, an online editor for small businesses with instantly purchasable products and orders starting at 30 pieces, and Packhelp Plus, which helps mid-market companies scale their packaging needs, cover everything from local deliveries of small quantities to global procurement of large volumes. Customers include globally famous brands such as BMW, H&M, Google, L’Oreal, T-Mobile, Uber, Bolt, and Wrangler, as well as several European champions.
Packhelp offers a wide choice of conventional items that can be customised online utilising the company’s box editor. The customer can select what they require, enter quantities and sizes, and upload their images and text, Packhelp takes care of the rest. The products are created in Poland and distributed all over the world to clients. Because the product is manufactured in central Europe, not only the delivery costs but distances are reduced. You don’t need to hire an expensive designer or print professional to create the branded packaging you require with the Packhelp website and app. This means you have complete control over the design process without incurring the costs of hiring an expert.
It is a Warsaw, Poland-based startup. The firm connects companies of all shapes and sizes with specialised packaging solutions for their goods. Many of these businesses are e-commerce businesses like drop shippers, hobby businesses, and boutique businesses that sell customised items. Packhelp connects small businesses with printing services that would otherwise be unavailable to them. The well-established company also simplifies the more complicated aspects of packaging, which usually necessitate the use of specialists.
Packhelp, which was founded in 2015, now has 50,000 customers from over 30 countries. The smallest orders accessible through Packhelp start at 30 pieces per order, with a 14-day turnaround time. Mailer boxes, product boxes, biodegradable mailers, kraft tapes, and other items are among its offerings. With Packhelp’s online editor, you may construct your packaging if you’re a small business owner. It’s a free tool that streamlines and simplifies the design process.
The startup offers customised solutions for enterprise clients and businesses with more sophisticated packaging requirements. You can use Packhelp to design a completely new product for your packaging supply chain or to improve an existing one. Packhelp offers a variety of services, including- Packaging engineering, Packaging prototyping and visualising and optimizing the entire packaging supply chain from value engineering to quality assurance
Packhelp Pro, the company’s enterprise solution, is for large wholesale orders or complicated, highly-customized packaging for organisations that require significant volumes. Whether you want to improve your present packaging or create something entirely new, Packhelp Pro gives you a lot of alternatives. The minimum order for upgrading existing packaging is 5,000 units, whereas the minimum order for producing something new is 10,000. How to generate a custom quote is explained on the Packhelp website.
As a packaging manufacturer, this startup understands the importance of sustainability in the industry. The environment is harmed by plastic packaging. As a result, Packhelp works to provide environmentally friendly solutions and plastic packaging alternatives. You can build a more sustainable packaging solution with the help of its specialists. Packhelp is the go-to solution for enterprise-level packaging supply chain efficiencies because of a broad network of certified vendors. It offers Packassistance for small and medium-sized businesses.
9. Synerise
Sector- Analytics, Software, Artificial Intelligence and Machine Learning
Products & Services- Sales and Marketing Automation Services
Founders- Milosz Balus, Jaroslaw Krolewski and Kryzsztof Kochmanski
Date Of Starting- 2013
Company Stage- Series B
Number of Investors- 5
Key Investors- Status Venture, Fundusz Zalazkowy KPT and Krajowy Fundusz Kapitalowy
Funding Rounds- 10
Total Funding Amount- $ 42.2 Million
Valuation- $ 138 Million
Synerise is a Poland-based startup that develops artificial intelligence-based software for the automation and improvement of business operations (AI Growth Cloud). Synerise is a tool that uses a proprietary AI engine. The recommendation engine’s artificial intelligence algorithms analyse the user’s information and, based on that, generate recommendations for visually similar or alternative products, make cart recommendations, suggest complementary item selections, and formulate personalised recommendations. According to the Financial Times FT1000, the company is #17 in Europe’s fastest-growing technology sector.
Jaroslaw Królewski, Milosz Balu, and Krzysztof Kochmanski, who previously led the company HG Intelligence SA, which dealt with the design of B2B2C apps, as well as supporting and executing Business Intelligence challenges, launched the startup in July 2013. The company’s major activity was the development of business software that enables the creation and development of mobile and traditional loyalty programmes based on models like coupons, cashback, gift cards, subscriptions, and stamp cards.
Its services include API-first, headless, customizable & scalable, real-time interaction management, a low-code platform powered by science, data orchestration, and pragmatic business scenario execution. The Synerise platform, which was originally a Revenue Performance Management system but now includes the Business Growth Platform, along with personalization, CRM, web analytics, Business Intelligence, and Marketing Automation, was developed during the startup’s first year of existence.
According to the Financial Times, the company is ranked 17 in Europe’s fastest-growing technology sector. It is the 2nd place winner at the ACM RecSys Twitter Challenge 2021; 3rd place winner at the ACM KDD Cup, 2021; 2nd place winner at the ACM WSDM 2021, 2nd place at Booking.com Data Challenge 2021; 1st place at SIGIR eCom Rakuten Data Challenge 2020. The company won the Startups in the Palace competition, which was conducted by the Chancellery of the President of the Republic of Poland and the Startup Poland Foundation in 2017.
The startup was also chosen for the EY Accelerating Entrepreneurs 2018 Program, which included 30 of EY’s fastest-growing businesses. Synerise completed the first implementation contracts in 2014, including the Synerise Eternal Beacon, a Bluetooth Low Energy device. Orange Polska and Synerise have also formed an official collaboration. Synerise joined the Microsoft BizSpark Plus programme in the year 2017, which allows businesses to gain access to technology, reach new markets, and receive additional perks that help them build their customer base and sales.
Synerise received one of the largest grants for Azure computing capacity (over PLN 750,000), and Microsoft named Synerise as one of the key projects for 2016 and 2017 under the so-called external projects category. Microsoft CEO Satya Nadella characterised Synerise as a wizard for next-generation marketing. Synerise won the “Best New Partnership” award from Microsoft in 2017. A year later, the startup was named a finalist in the “Microsoft Country Partner of the Year 2018” category and won the “Microsoft Country Partner of the Year 2018” award.
HG Intelligence’s Synerise platform integrates Omni-channel sales and marketing data from several sources to automate marketing campaigns and deliver actionable analytics. Through interaction with POS systems, the platform also allows for the design and growth of loyalty programmes. Modules for creating multi-channel campaigns using SMS, push, beacon, wifi, and email are available. Audience segmentation, database I/O, and lead management are among the CRM capabilities, which are followed by campaign workflow automation and internal task collaboration tools.
It is a Customer Engagement and Business Growth Platform that includes BI, Marketing Automation, RPM capabilities, personalisation, CRM, and web analytics. It allows B2B and B2C businesses to gather data on customer behaviour both online and offline (omnichannel), analyse it, and use it to improve company KPIs. It comes with a collection of tools for creating and executing digital campaigns via e-mail, SMS, online push, mobile push, dynamic content, real-time bidding, and landing pages. The Synerise platform allows you to get real-time data about users, allowing you to create customised customer purchasing pathways and manage your customer relationships more effectively.
10. Edrone
Sector- E-commerce, Analytics, Saas, Sales Automation and Big Data
Products & Services- CRM Software Services
Founder- Michal Blak and Rahim Blaak
Date Of Starting- 2014
Geographical Range-
Company Stage- Series A
Number of Investors-
Key Investors- HVCA and PortfoLino
Funding Rounds- 2
Total Funding Amount- $ 5.9 Million
Valuation- $ Billion
Based in Poland, Edrone is a self-contained e-commerce CRM platform with advanced marketing automation capabilities. With an all-in-one e-commerce marketing cloud, Edrone collects, processes, and triggers customer data to help understand customers’ behaviour (Customer Intelligence) and engage them (Marketing Automation), allowing businesses to automate marketing activities and engage store visitors to increase sales. The business provides subscription-based insurance products. CRM software for e-commerce enterprises is available on this platform.
Customer intelligence, marketing automation, abandoned shopping cart recovery, omnichannel cross-selling and up-selling, product recommendation, content personalization, artificial intelligence, push alerts, loyalty programmes, and so on are some of the features available. Major European online businesses as well as growing eStores are among Edrone’s customers. x-Kom, Eastend, CitySport, Agent Provocateur, DUKA, Energa, Abra Meble, Wojas, Ryko, Reporter Young, Tous, Wojas, Muve, and over 500 additional stores are among Edrone’s clientele.
The first eCRM developed for eCommerce is Edrone, an autonomous eCommerce cloud. It offers easy-to-install (Plug’n’Play) powerful Marketing Automation solutions based on algorithms. With an all-in-one e-commerce marketing cloud, the startup wants to assist you to understand your consumers’ behaviour (Customer Intelligence) and engage them (Marketing Automation). It processes about 3 billion Euros in Internet transactions each month.
The system is divided into two parts: Learn and Engage. Learn about advanced statistics, RFM segmentation, and a full client view (even with the social media stats). Engage, ready-to-send scenarios based on its Customer Intelligence algorithms, including recovering abandoned cards, sending recommendations, and increasing income through cross-selling. The Marketing Machine is more than just a simple recommendation framework, it makes the concept of one-to-one segmentation simple to use in any e-commerce.
This Polish startup has raised 5.3 million dollars (4.5 million euros) in its first round of funding after four years of bootstrapping. Edrone is an AI-powered technology that helps e-commerce businesses improve their customer experience. Edrone plans to use the new funding to further its ambitions of being an e-commerce marketing one-stop-shop. In a Series, A investment, PortfoLion, a Hungarian venture capital firm, contributed 2.1 million euros. The remaining 2.4 million euros came from a research and development grant for Edrone’s self-driving virtual assistant.
The Polish marketing tech startup wants to help medium and large e-commerce companies better understand their customers’ behaviour. It includes marketing automation, on-site marketing, AI-driven product recommendations, customer service solutions, and an e-commerce-specific CRM. It collects, processes, and triggers customer data to help understand customers’ behaviour and engage them, allowing businesses to automate marketing activities and engage store visitors to increase sales. Both large European online businesses and developing eStores are among Its clientele.
Conclusion
Poland is currently regarded as a startup hotspot. In the international market, there are a large number of rising and established Polish technical enterprises that are incredibly successful. Poland has seen significant growth in venture capital funding for startups. 2020 was the year in which investors raised the most money in the history of Poland.
In terms of starting a business, Poland has several benefits. One of the most important is having access to the greatest developers in the world while staying within the budget. It can grow faster than competitors in the United States or the United Kingdom due to low costs and a weaker currency.
