Startup Europe Partnership (SEP) is mapping “scaleups” — European startups that have been able to break the “early-stage barrier” and are
a candidate to become large global companies and real job creators.
The SEP mapping and scouting database covers all European countries with the goal of providing insights and data about scaleup companies and exits involving European startups.
SEP regularly publishes the research report, SEP Monitor.
The SEP Monitors are available for download below. SEP Monitor is based on ongoing online resource and data mining; results and findings are preliminary.
About SEP Monitor
SEP Monitor is realized by Mind the Bridge in collaboration with CrESIT (University of Insubria). SEP Monitor is based on the Startup Europe Partnership mapping & scouting database that focuses on scaleups.
SEP categorizes high-tech companies as indicated below:
▪ Startup: ‹$1M funding raised (since foundation) and at least one funding event in the last five-year period.
▪ Scaleup: >$1M funding raised (since foundation) and at least one funding event in the last five-year period.
▪ Scaler: >$100M funding raised (since foundation) and at least one funding event in the last five-year period.
▪Dual Company: startups founded in one country that relocated their headquarters – and with that part of their value chain – abroad, while maintaining a strong operational presence in the country of origin.
SEP categorization is based on capital raised, not on valuation. An alternative methodology is the one used by The Wall Street Journal and Dow Jones Venture Source that are tracking venture-backed private companies valued at $1 billion or more (aka The Billion Dollar Startup Club or Unicorn Club)
For companies that exited via M&A, the valuation is the amount that the company got acquired for. For a company that went public, the exit valuation is that on the day of the IPO.
Sources of information include the SEP database, portfolios of VC companies, corporate venture units, business angels, accelerators and active seed and early stage funds, crowdfunding platforms, tech competitions, and other relevant channels.
Research is ongoing and results reported in the SEP Monitor are preliminary and cannot be considered as final. SEP welcomes everybody in the European startup ecosystem to contribute to the research by providing data and indicating cases of scaleup companies and exits to be monitored (contact: firstname.lastname@example.org).