Ukraine has emerged as one of the fastest-growing startup ecosystems globally. There is an abundance of highly skilled and talented entrepreneurs in the country who are actively contributing to the growth of startups, particularly in the capital city of Kyiv.
Many successful Ukrainian companies have gone international, and the nation holds a prominent place in the tech startup scene in Europe.
If you want to know about the top Ukrainian tech startups, you are in the right place; these are the startups creating a global impact.
Aitheon
Founder: Andrew Archer
Founding year: 2017
Funding: NA
Headquarters: USA
Aitheon is a robotics innovator that provides Artificial Intelligence (AI) and robotics solutions to businesses. Its services help companies automate their business operations and employee management via a single platform and thus improve efficiency, quality, and financial stability.
The mission of this Ukrainian startup is to change the back-end business management of companies, which is typically complicated and time-consuming, through the integration of robotics, AI, and human symbiosis. This way, companies get a single access point to complete their business tasks.
Aitheon is a resident of the well-known UNIT.City innovation park.
CADLAB.io
Founder: Dmitry Zhgenti
Funding: Undisclosed amount
Founding year: 2015
Headquarters: Ukraine
CADLAB.io is a cloud-based hardware development platform that gives engineers an enhanced version control system and collaboration tools for hardware design.
Based on one of the most popular version control systems for software, Git, the platform allows customers to keep native PCB design files in a repository and view, compare, and comment on any part of a schematic in a browser. The schematics comparison tool helps find the changes made in the hardware design in seconds. Also, the interactive annotations make it is easy to put a hardware design review process in place.
CADLAB.io aims to help engineers be more productive and ship their products faster.
Casual
Founders: Victor Teslenko and Nick Nikolaev
Funding: Undisclosed amount
Founding year: 2013
Headquarters: Ukraine
Casual offers an online project management tool that helps teams plan and execute projects as simple workflows. It allows project managers to create visual working plans and present them visually and simply to their team members.
With Casual, companies can manage projects with greater efficiency, thus saving time and resources.
Epom Ad Server
Founders: Anton Ruin, Alex Lunkov, and Sergiy Chudnovkyy
Funding: $7 million
Founding year: 2010
Headquarters: Ukraine
Epom Ad Server operates an entire software system for its customers to manage all their ad requirements. It is a cross-platform and cross-channel solution that serves the needs of publishers, advertisers, and ad networks.
The solution facilitates mobile app, mobile web, display, and video ad campaigns and allows customers to operate various ad types through the platform. It provides the full spectrum of functionality required to launch, run, and manage ad campaigns regardless of their scale.
Eve.calls
Founders: Anna Skrypka and Aleksey Skripka
Funding: NA
Founding year: 2016
Headquarters: Ukraine
SaaS startup Eve implements AI and NLP solutions to automate the sales process. Its solution is a human-like AI bot that helps companies support, sell, notify, and survey customers. The bot increases the efficiency of customer service and sales teams by taking over tedious tasks like routine calls.
With Eve.calls, customers get a real-time inbound and outbound conversational experience across voice and chat channels.
GitLab
Founders: Sid Sijbrandij and Dmitriy Zaporozhets
Founding year: 2014
Funding: $413.5 million
Headquarters: USA
GitLab is a widely popular DevOps collaboration platform. It has a single application that has changed how security, development, and ops teams collaborate and build software.
GitLab supports teams in improving their cycle time from weeks to minutes, reducing development costs, and increasing developers' productivity. It is one of the most successful startups globally, with over 1,200 employees working remotely from 65 countries.
Grammarly
Founders: Alex Shevchenko, Max Lytvyn, and Dmytro Lider
Funding: $400 million
Founding year: 2009
Headquarters: USA
Grammarly was founded in 2009 to help people communicate more effectively. In the beginning, it focused on helping school and college students improve their spelling and grammar via a subscription-based product. Eventually, they saw how the tool could help users with everything, from everyday correspondence to professional writing.
Grammarly grew its services by deploying an AI-powered writing assistant to help with complex aspects of language and communication.
At present, Grammarly offers a real-time and intuitive interface for its users on desktops and mobiles as well as those using Microsoft Office add-ins, browser extensions, and web-based editors.
Ninja Lender
Founders: Dmitry Shurkayev, Alexey Zinchenko, Valery Yurikov, Yurii Fomin, and Yaroslav Dubov
Funding: $158 K
Founding year: 2018
Headquarters: Poland
Ninja Lender is a B2B marketplace for credit institutions to buy and sell declined loans. The startup thus helps reduce the wastage of loan applications by matching rejected borrowers with other credit givers. With Ninja Lender, lending companies, banks, and P2P lending platforms can reduce customer acquisition costs, get verified leads, and increase customer loyalty.
The company's overarching mission is to increase financial inclusion by giving rejected borrowers a chance to meet their financial needs.
People.ai
Founder: Oleg Rogynskyy
Funding: $200 million
Founding year: 2016
Headquarters: USA
People.ai is a Ukrainian startup that develops AI to help sales professionals work efficiently with clients. The company frees customer-facing teams like sales, marketing, and customer success from all manual data entry. This is achieved by automatically capturing all contacts and customer activation data and updating the CRM instantly.
People.ai also rolled out The Wire tool for sales professionals to find prospective clients and get tips on approaching them and selling to them.
The company aims to accelerate enterprise growth by using the power of AI.
Poster
Founders: Ryzhkov Oleksandr and Rodion Yeroshek
Funding: Undisclosed amount
Founding year: 2013
Headquarters: Ukraine
Poster is a SaaS startup providing cafes and similar businesses with cloud-based technology solutions for Point of Sale (POS). The solution can be powered from an iPad, saving businesses considerable expense and effort in the long run. With Poster, companies get online access to their finances, inventory, and analytics from anywhere in the world.
The startup aims to simplify the running of food service and retail businesses.
Preply
Founders: Kirill Bigai, Dmytro Voloshyn, and Sergey Lukyanov
Funding: $50.6 million
Founding year: 2012
Headquarters: Ukraine
Preply is a well-known online learning platform. It uses machine learning to identify and match tutors with learners regardless of their location. The company has over 10,000 verified tutors on its platform, teaching 50 languages to thousands of students across 190 countries.
With its funding, the ed-tech company plans to expand its services for learners and tutors and streamline its iOS and Android apps to make them more user-friendly. Preply also aims to expand its business in Spain, France, Italy, North America, Germany, and the UK.
Traces.AI
Founders: Kostyantyn Shysh and Veronica Yurchuk
Funding: $2.7 million
Founding year: 2014
Headquarters: USA
Traces.AI is a computer vision startup. It deploys AI technology to analyze over 2,000 physical traits of a person via security cameras, including the accessories they wear, their hairstyle, and more.
During the Covid-19 pandemic, Traces.AI developed a tool to track people who came in contact with those impacted by the coronavirus and were potential carriers. They did this by analyzing data from thermal imaging cameras to detect high temperatures in people. The company claimed that its solution could curb the community spread of COVID-19 if deployed extensively.
Uptech
Founder: Andriy Bas
Funding: NA
Founding year: 2016
Headquarters: Ukraine
Uptech is a full-service, product-oriented software development company that creates mobile apps for iOS and Android devices. It also provides complete web app development and design services.
The company is known to develop user-friendly software products for modern platforms applying the latest tech trends. With Uptech, companies get featured apps for the App Store and Google Play and websites with innovative design and intuitive functionality.
Over the last six years, Uptech has helped over 150 companies with their design and development requirements and launched over 30 successful products.
Parting thoughts
We at Starkflow, have access to a pool of IT professionals in Ukraine. We have experienced recruiters who can help you reduce the time required to locate and hire the best candidates for your requirement. Contact us now to add great professionals to your team.
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