Best Enterprise Applications Companies in Iceland
The 94 best Enterprise Applications companies in Iceland in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Controlant.
If you want to know which Enterprise Applications companies in Iceland are actually building something, this directory ranks all 94 tracked firms by disclosed equity funding and recent momentum. Total disclosed capital sits at $118M, with Controlant alone accounting for $67M of that, followed by Grid at $17M and Activity Stream at $16M. No unicorns yet, but the concentration tells you something: a handful of companies are pulling serious weight while the broader field stays early-stage.
The global market these firms are swimming in is moving fast. IDC puts enterprise applications at $356B in 2023, heading toward $600B by 2028 at a 9.6% CAGR, driven by cloud migration and automation spend. Median app install growth across enterprise software is running at roughly +16% YoY, which, honestly, isn't a number you'd expect to see plateau anytime soon. And as AI rewires how enterprises buy and deploy software, the pressure on smaller markets like Iceland to build OS-portable, open-source-friendly products is only intensifying. So can you spot the next breakout here before the larger funds do? That's exactly what this list is for.
Ranked: Best Enterprise Applications companies in Iceland
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Controlant Provider of real-time visibility platform and monitoring services for pharmaceuticals | $67M | 19 mo ago | Series C | Trausti Thormundsson Co-Founder & Co-CEO | 2007 | ContentfulApple iCloud MailMicrosoft 365+23 | 1 launch |
| 2 | GRID Provider of reporting and dashbaording application | $17M | 69 mo ago | Series A | Thorsteinn Yngvi Gudmundsson Co-Founder And Vp Operations And Finance | 2018 | MediumTypeScriptGraphQL+18 | — |
| 3 | Activity Stream Real time data integration and visualization | $16M | 28 mo ago | Series B | Hugh Topping CTO & co-founder | 2013 | TypeScriptNode.jsMantine+13 | — |
| 4 | Alda Provider of a platform for data driven inclusion and micro learning | $4M | 27 mo ago | Seed | Thorey Proppe Founder & CEO | 2022 | — | 1 launch · 1 partnership |
| 5 | Kaptio CRM & booking software for travel agents | $3M | 122 mo ago | Series A | — | 2012 | — | — |
| 6 | Optise Developer of website analytics platform providing insights and action recommendations | $2M | 14 mo ago | Seed | Vignir Jonsson CTO & Co-Founder | 2018 | Framer SitesReactPriority Hints+8 | — |
| 7 | Taktikal Identity verification management solutions for businesses | $2M | 53 mo ago | Seed | Bjarki Ingason Co-Founder | 2017 | WebflowCloudflare TurnstilereCAPTCHA+13 | — |
| 8 | Ghostlamp Marketplace connecting Brands with Hyperlocal Influencers | $2M | 90 mo ago | Seed | Oli Tomas Freysson Co-Founder & CTO | 2014 | — | — |
| 9 | Learncove Platform that features in training and quality management system | $2M | 40 mo ago | Series A | Adalheidur Hreinsdottir Founder & CEO | 2016 | SanityNode.jsRadix UI+20 | — |
| 10 | DataMarket Public domain Data Portal | $1M | 178 mo ago | Acquired | Hjalmar Gislason Founder & ex-CEO | 2008 | — | — |
| 11 | Data Dwell Digital asset management software | $1M | 119 mo ago | Seed | Olafur Helgi Thorkelsson Founder & CEO | 2012 | SalesforceNginxInertia.js+13 | — |
Top 12 Enterprise Applications companies in Iceland
#1
Series C · Reykjavik, Capital Region · founded 2007 · 15 employees$67.5Mraised▾
Provider of real-time visibility platform and monitoring services for pharmaceuticals. The platform offers insights and automated workflows to optimize supply chain agility and resilience. It facilitates real-time monitoring, customized notifications, and detailed data review for end-to-end supply chain performance. The platform also automates supply chain processes and provides insights into logistics, including advanced analytics to improve performance. The solution is compliant for pharmaceutical use cases, providing automatic reporting for audits and compliance purposes.
#2
Seed · Reykjavik, Capital Region · founded 2018$2.2Mraised▾
Developer of website analytics platform providing insights and action recommendations. The platform pulls data from various sources to provide insights and recommendations. It delivers recommendations to address issues or capitalize on opportunities. The platform translates analytics into human language to improve website performance.
- Apr 2025Seed$2.2M
#3
Series B · Reykjavik, Capital Region · founded 2013 · 43 employees$15.5Mraised▾
Real time data integration and visualization. It includes machine learning based clustering, a recommendation engine, and product classification with dashboards. Its marketing module helps in planning and monitoring campaigns. The revenue control module monitors sales, revenue streams, and churn. The cost auditing module gives cost structure and recommends cost-saving options. The modules collect data from multiple sources and provide forecasting, pattern detection, and algorithms for data enrichment in real time.
- Jan 2024Series B$13.5M
- Aug 2018Grant (prize money)$54.6K
- May 2018Grant (prize money)$60K
- Dec 2015Series A$2M
#4
Seed · Reykjavik, Capital Region · founded 2022 · 18 employees$4.5Mraised▾
Provider of a platform for data driven inclusion and micro learning. This platform helps organizations understand their workplace inclusivity, setting goals and providing data-backed action plans. It incorporates gamified micro-learning modules for employees and managers, aiming to foster a more inclusive and high-performing culture. The platform offers AI-driven recommendations and benchmarking against a database of other organizations. The solution is designed to be user-friendly and efficient, streamlining efforts for managers while promoting long-term cultural change. It also ensures compliance with relevant legal and ESG standards.
- Feb 2024Seed$2.2M
- May 2022Seed$2.3M
#5
Series A · Reykjavik, Capital Region · founded 2018 · 36 employees$17.1Mraised▾
Provider of reporting and dashboarding applications. It also allows users to analyze spreadsheet data into actionable insights. It enables users to build reports and dashboards leveraging the GRID application.
#6
Series A · Reykjavik, Capital Region · founded 2016$1.7Mraised▾
Platform that features in training and quality management system. It is a platform that offers learning and compliance management system designed to training, compliance, and quality assurance across various industries. It streamlines onboarding and employee development while managing productivity and retention. The platform facilitate compliance training and prepare for audits with tracking and reporting.
- Jan 2023Series A$900K
- Jan 2022Seed$780K
#7
Seed · Reykjavik, Capital Region · founded 2017 · 12 employees$2Mraised▾
Identity verification management solutions for businesses. It helps businesses to automate onboarding processes, KYC, and regulatory compliance changes. It also helps companies redesign and automate processes to reduce operational risk and improve the customer experience. It provides digital signature solutions that offer options for sending the signed document via email, download, or integration with other systems.
- Jan 2022Seed$2M
#8
Series A · Kopavogur, Capital Region · founded 2012 · 42 employees$3.5Mraised▾
Kaptio is an enterprise travel platform that is built on Salesforce platform. It serves as a CRM & a booking platform for travel agents. It lets them efficiently manage offers and bookings of clients, in addition to streamlining communications with resellers and suppliers. It offers a subscription-based pricing policy. Its major clients are Viking Cruises, Rocky Mountaineer, Iceland Travel, and Golfbreaks.com.
- Mar 2016Series A$2.6M
- Jan 2015Seed$887K
#9
Seed · Reykjavik, Capital Region · founded 2014 · 9 employees$1.8Mraised▾
Ghostlamp is an influencer marketplace platform that connects brands with hyperlocal influencers focussed on specific areas. Influencer participation is by invite only and the platform claims to have over 1 million influencers on their platform. Influencers with over 20000 followers can send a request to be invited and are vetted and profiled by the platform. Brands can create an account, start a campaign, identify influencers and their target area and collaborate with them.
- Dec 2018Seed$800K
- Dec 2017Grant (prize money)$400K
- Aug 2017Seed$1M
#10
Seed · Iceland · founded 2018$88.1Kraised▾
Vigyos – Efficient tax solutions empowering for your businesses
#11
Seed · Reykjavik, Capital Region · founded 2012 · 11 employees$1.1Mraised▾
It is a web-based centralised data repository that manages its client's digital data. The systems create a preview of files graphically(visual user interface). Its API allows to use of the data repository as the centre for all visual material and put it onto the web, tablet or accounting system. It stores the data in two data centres, in Iceland and the USA. Customers include the likes of Honeywell, Lazy Town, Arion bank.
- Jul 2016Seed$1.1M
#12
Acquired · Reykjavik, Capital Region · founded 2008 · 4 employees$1.2Mraised▾
Provider of an online search engine for market intelligence data. The company helps business users find and understand data and data providers publish their data and reach new audiences.
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Enterprise Applications coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.