This tiny country keeps on creating tech unicorns. Here's how it does it

While many of us have been forced to work from home during the past year, few are likely to say they raised tens of millions for their startup from their bedroom, like Estonian entrepreneur Kaarel Kotkas.

Kotkas is founder and CEO of identity verification startup Veriff, which recently announced that it raised €58 million in a new Series B round led by venture capital firms IVP and Accel, on top of the €14 million it raised last year.

"Before the pandemic hit, I was in the UK and US for six months. Now for the past year, I have just been in Estonia and pretty much raised Series B from my bedroom/office in Tallinn," he says.

"The past couple of months I've lived in the rhythm of San Francisco as both of our lead investors – IVP and Accel – are San Francisco-based. My day started at 6pm and ended at 4am Tallinn time."

Read the full story at

Victoria Krisman
Victoria Krisman is Interactive Media Specialist and Communications Manager for the Intelligent Community Forum.
See other pages related to Tallinn ICF Member News

Showing 1 reaction

Be the first to comment

Please check your e-mail for a link to activate your account.