EU Unicorns · Liquidity reference

Europe's top private companies — and how their shares change hands

A plain-English reference for founders and employees who hold equity in Europe's leading private (unicorn) companies. Every figure is a last reported valuation, with its source and date. Information only — not affiliated with these companies, and not investment advice.

New — the Liquidity Heat Index scores which companies — Revolut, Monzo, Mistral and more — actually run programmes that let employees sell before an IPO.

Hold shares in one of these? Value them, understand the tax where you are, and prepare to turn them into cash — start with your company below.

See the sourced data behind this list in the Private Tech Equity & Liquidity Report 2026.

Holding a small stake? If the big US marketplaces feel out of reach, here are your real options as a small European seller — a neutral, sourced comparison.

Why this exists. Private-company shares have no live price, and there's no easy, discreet way for a small European holder to sell them. If you hold vested shares or options in one of these companies and want to understand your position — or turn part of it into cash — start here, then see the guide.

✓ Freshness audited monthly  Last reviewed November 2026. Companies shown are privately held at the time of review; if one lists publicly or is acquired, it leaves this page.

The list

Sorted by last reported valuation. Figures are as reported by the company or press on the date shown, in the currency reported; they change over time — always confirm the latest.

R
Revolut ran an employee secondary
Fintech · UK
$75B
as reported Nov 2025 · source ↗
further secondary reported ~$115B (Jul 2026)
Got these? Value & prepare →
T
Trade Republic ran an employee secondary
Fintech · Germany
€12.5B
as reported Dec 2025 · source ↗
Got these? Value & prepare →
L
Lovable
AI software · Sweden
$13.3B
as reported Aug 2026 · source ↗
Got these? Value & prepare →
C
Celonis
Enterprise software · Germany
$13B
as reported Aug 2022 · source ↗
Got these? Value & prepare →
H
Helsing
Defence AI · Germany
€12B
as reported Jun 2025 · source ↗
Got these? Value & prepare →
M
Mistral AI
AI · France
€11.7B
as reported Sep 2025 · source ↗
Got these? Value & prepare →
C
Checkout.com secondary sale
Payments · UK
$12B
as reported Sep 2025 · source ↗
Got these? Value & prepare →
E
ElevenLabs
AI voice · UK
$11B
as reported Feb 2026 · source ↗
Got these? Value & prepare →
N
N26
Fintech · Germany
$9B
as reported Oct 2021 · source ↗
Got these? Value & prepare →
V
Vinted ran an employee secondary
Marketplace · Lithuania
€8B
as reported Apr 2026 · source ↗
Got these? Value & prepare →
W
Wayve
Autonomous driving · UK
$8.6B
as reported Feb 2026 · source ↗
Got these? Value & prepare →
S
SumUp
Fintech · UK
$8.5B
as reported Dec 2023 · source ↗
Got these? Value & prepare →
P
Personio
HR tech · Germany
$8.5B
as reported Jun 2022 · source ↗
Got these? Value & prepare →
B
Bolt
Mobility · Estonia
€7.4B
as reported Jan 2022 · source ↗
Got these? Value & prepare →
M
Mollie
Payments · Netherlands
$6.5B
as reported Jun 2021 · source ↗
Got these? Value & prepare →
B
Back Market
Marketplace · France
$5.7B
as reported Jan 2022 · source ↗
Got these? Value & prepare →
A
Alan
Insurtech · France
€5B
as reported Mar 2026 · source ↗
Got these? Value & prepare →
F
Fever
Entertainment · Spain
$5.2B
as reported Sep 2026 · source ↗
Got these? Value & prepare →
M
Monzo ran an employee secondary
Fintech · UK
~$5B
as reported Mar 2024 · source ↗
Got these? Value & prepare →
Q
Qonto
Fintech · France
€4.4B
as reported Jan 2023 · source ↗
Got these? Value & prepare →
S
Sorare
Sports & gaming · France
$4.3B
as reported Sep 2021 · source ↗
Got these? Value & prepare →
P
Pennylane
Fintech · France
$4.25B
as reported Jan 2026 · source ↗
Got these? Value & prepare →
S
Synthesia
AI video · UK
$4B
as reported Oct 2025 · source ↗
Got these? Value & prepare →
S
Sword Health
Digital health · Portugal
$4B
as reported Jun 2025 · source ↗
Got these? Value & prepare →
D
Doctolib secondary sale
Health tech · France
€3.6B
as reported Apr 2026 · source ↗
Got these? Value & prepare →
B
Bird
Communications · Netherlands
$3.8B
as reported Apr 2021 · source ↗
Got these? Value & prepare →
P
Picnic
Online grocery · Netherlands
≈€3B
est. · as reported Nov 2025 · source ↗
Got these? Value & prepare →
S
Starling Bank
Fintech · UK
£2.5B
as reported May 2022 · source ↗
Got these? Value & prepare →
A
Aiven
Data & cloud · Finland
$3B
as reported May 2022 · source ↗
Got these? Value & prepare →
N
Nord Security
Cybersecurity · Lithuania
$3B
as reported Sep 2023 · source ↗
Got these? Value & prepare →
R
Remote
HR & payroll · Portugal
$3B
as reported Apr 2022 · source ↗
Got these? Value & prepare →
T
TravelPerk
Travel · Spain
$2.7B
as reported Jan 2025 · source ↗
Got these? Value & prepare →
B
Backbase
Fintech software · Netherlands
€2.5B
as reported Jun 2022 · source ↗
Got these? Value & prepare →
M
ManoMano
E-commerce · France
$2.6B
as reported Jul 2021 · source ↗
Got these? Value & prepare →
Q
Quantexa
AI & data · UK
$2.6B
as reported Mar 2025 · source ↗
Got these? Value & prepare →
F
Factorial
HR tech · Spain
$2.5B
as reported Oct 2026 · source ↗
Got these? Value & prepare →
M
Mews
Hospitality software · Czechia
$2.5B
as reported Jan 2026 · source ↗
Got these? Value & prepare →
E
Enpal
Cleantech · Germany
$2.4B
as reported Jan 2023 · source ↗
Got these? Value & prepare →
R
Rimac Group
EV / supercars · Croatia
€2B
as reported May 2022 · source ↗
Got these? Value & prepare →
D
DeepL
AI translation · Germany
$2B
as reported May 2024 · source ↗
Got these? Value & prepare →
G
GetYourGuide
Travel · Germany
$2B
as reported Jun 2023 · source ↗
Got these? Value & prepare →
A
Ankorstore
Marketplace · France
$2B
as reported Jan 2022 · source ↗
Got these? Value & prepare →
D
Devo
Security data · Spain
$2B
as reported Jun 2022 · source ↗
Got these? Value & prepare →
F
Feedzai
Fintech / fraud · Portugal
$2B
as reported Oct 2025 · source ↗
Got these? Value & prepare →
P
PayFit
HR & payroll · France
€1.82B
as reported Jan 2022 · source ↗
Got these? Value & prepare →
B
bunq
Fintech · Netherlands
$1.8B
as reported Jul 2023 · source ↗
Got these? Value & prepare →
P
Productboard
Product management · Czechia
$1.73B
as reported Jan 2022 · source ↗
Got these? Value & prepare →
M
Multiverse
EdTech · UK
$1.7B
as reported Jun 2022 · source ↗
Got these? Value & prepare →
S
Scalable Capital
Fintech · Germany
€1.5B
as reported Jun 2025 · source ↗
Got these? Value & prepare →
W
Wayflyer
Fintech · Ireland
$1.6B
as reported Feb 2022 · source ↗
Got these? Value & prepare →
T
Tide
Fintech · UK
$1.5B
as reported Sep 2025 · source ↗
Got these? Value & prepare →
S
Spendesk
Fintech · France
$1.5B
as reported Jan 2022 · source ↗
Got these? Value & prepare →
V
Veriff
Identity · Estonia
$1.5B
as reported Jan 2022 · source ↗
Got these? Value & prepare →
J
Jobandtalent
Staffing marketplace · Spain
$1.5B
as reported Apr 2025 · source ↗
Got these? Value & prepare →
L
Ledger
Crypto · France
$1.4B
as reported Mar 2023 · source ↗
Got these? Value & prepare →
E
Epidemic Sound
Music · Sweden
$1.4B
as reported Mar 2021 · source ↗
Got these? Value & prepare →
T
Tines
Security automation · Ireland
$1.125B
as reported Feb 2025 · source ↗
Got these? Value & prepare →
C
Climeworks
Climate tech · Switzerland
>CHF 1B
unicorn tier · as reported Apr 2022 · source ↗
Got these? Value & prepare →
R
Rohlik Group
Online grocery · Czechia
€1B
as reported Jul 2021 · source ↗
Got these? Value & prepare →
V
Voi
Mobility · Sweden
$1B
as reported Dec 2021 · source ↗
Got these? Value & prepare →
S
Scalapay
Fintech · Italy
$1B
as reported Feb 2022 · source ↗
Got these? Value & prepare →
S
Skeleton Technologies
Energy storage · Estonia
≈$1B
est. · as reported May 2026 · source ↗
Got these? Value & prepare →
D
DocPlanner
Health tech · Poland
$1B
as reported Aug 2021 · source ↗
Got these? Value & prepare →
I
Infobip
CPaaS · Croatia
>$1B
unicorn tier · as reported Nov 2020 · source ↗
Got these? Value & prepare →
P
Payhawk
Fintech · Bulgaria
$1B
as reported Mar 2022 · source ↗
Got these? Value & prepare →
P
Proton
Privacy software · Switzerland
Not disclosed
privately held · as reported Jun 2024 · source ↗
Got these? Value & prepare →

Hold equity in one of these? Here's your next step

Going to a platform? Forge, EquityZen, Hiive, Secfi, EquityBee, ESO Fund, Carta or Nasdaq Private Market — none of them removes the two things that gate a private sale (your company's approval and a realistic price). Prepare first →

Sell shares in a specific company

Hold equity in one of these? Each guide covers how a private secondary works for that company and the rules in its country. We are not affiliated with any company listed — these are independent, educational guides for people who already hold their shares or options.

You hold shares or optionsUnderstand what it’s worth and how to prepare a private sale, step by step.
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Not sure what it's worthA rough figure in seconds, plus what it costs to exercise options.
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New to selling equityThe free Starter Kit: glossary and the essentials to get started.
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Want the deeper guidesPlain-English walk-throughs of secondaries, transfer rules and tax by country.
Read the guide →
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How we compile this

We list only publicly reported facts, each linked to a public source (the company's own announcement where available, otherwise reputable press) and dated. We show no logos and imply no affiliation, endorsement or partnership; all company names and trademarks belong to their respective owners. Valuations are point-in-time references, not live or tradeable prices. We audit this list for freshness monthly.

Done the homework? See where to find a buyer for your private shares — company buybacks, tender offers, secondary platforms and investor networks, with a neutral directory for the US & Europe.

New to this? Start with what every founder & employee should know about their equity — the plain-English field guide.

General information only — not legal, tax or investment advice, and not an offer or solicitation to buy or sell any securities. Figures are as last reported and may be out of date. PrivateTechShares is not affiliated with, endorsed by or partnered with any company listed. We do not introduce buyers and sellers; we are not a broker and hold no money or securities. Take professional advice before acting.