Best IT Services Companies in Estonia
The 145 best IT Services companies in Estonia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Cyber.
Ranked by disclosed equity funding, the IT Services companies in Estonia tracked here represent one of Northern Europe's more quietly productive tech clusters. Total disclosed funding across 145 companies sits at $9M, which is modest by global standards, but the concentration tells you something: Cyber alone accounts for $7M of that pool, leaving the remaining 144 companies to split roughly $2M. Liewenthal Electronics filed $625,293, Digiotouch $394,112, and Tehnolabor $294,853. The numbers are small. The density isn't.
Globally, the IT services market was valued at around $500B in 2021 and is growing at roughly 8% annually, driven by cloud adoption, enterprise digitization, and increasingly tangled connectivity demands. Privacy regulation and compliance pressure are reshaping vendor relationships too, particularly in the EU, where Estonian firms operate under some of the continent's stricter data governance frameworks. I'd watch the payment system integration theme closely here, given Estonia's established e-governance infrastructure. So what does $9M in total disclosed funding actually buy in a market this size? Probably less than it sounds, but the active presence of investors like Startup Wise Guys and BaltCap suggests the pipeline isn't standing still.
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Ranked: Best IT Services companies in Estonia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Cyber Provider of software development, cybersecurity, and R&D services | $7M | 54 mo ago | Funding Raised | — | 1997 | Apple iCloud MailNode.jsGSAP+12 | 2 partnerships |
| 2 | Liewenthal Electronics Company specializing in designing and developing embedded systems, software, and hardware | $625K | 72 mo ago | Funding Raised | — | 1990 | — | — |
| 3 | Digiotouch Provider of a range of IT services | $394K | 53 mo ago | Funding Raised | Soumya Datta Founder & CEO | 2018 | — | — |
| 4 | TEHNOLABOR Provider of diversified application development services | $295K | 61 mo ago | Funding Raised | — | 2011 | — | — |
| 5 | OIXIO Provider of data analytics, cloud, network, and cyber security services | $127K | 43 mo ago | Funding Raised | Ivo Suursoo Co-CEO | 1991 | WordPress Block EditorWordPressApple iCloud Mail+26 | 1 partnership · 1 award |
| 6 | FOB Solutions Provides application development services | $55K | 79 mo ago | Funding Raised | — | 2013 | — | — |
| 7 | TeamDev Provider of software development services | $54K | 123 mo ago | Funding Raised | — | 1994 | HugoFirebaseAmazon Web Services+21 | — |
| 8 | Wiibiq SaaS-based manufacturing digitization and optimization solutions | — | 60 mo ago | Seed | Paul Alejandro Rivera CEO | 2017 | — | — |
| 9 | STACC Provider of AI and data analytics services | — | 77 mo ago | Funding Raised | — | 2009 | WordPress Block EditorElementorWordPress+25 | 1 award |
Top 12 IT Services companies in Estonia
#1
Funding Raised · Tallinn, Harju County · founded 1997$7.2Mraised▾
Provider of software development, cybersecurity, and R&D services
- Dec 2021Grant (prize money)$178.8K
- Dec 2020Grant (prize money)$515.4K
- Oct 2020Grant (prize money)$394.6K
- May 2020Grant (prize money)$141.7K
#2
Funding Raised · Tallinn, Harju County · founded 1991$127.3Kraised▾
Provider of data analytics, cloud, network, and cyber security services
- Nov 2022Grant (prize money)$39.1K
- Feb 2020Grant (prize money)$88.1K
#3
Funding Raised · Tallinn, Harju County · founded 2018 · 2 employees$394.1Kraised▾
Developer of a digital transformation technology intended for city infrastructure, healthcare, and mobility industries. The company provides secure and sustainable services to digitize customers' business processes, operations, and assets through a cloud-based platform, enabling businesses to transform digitally.
- Jan 2022Grant (prize money)$394.1K
- Nov 2020Grant (prize money)—
#4
Funding Raised · Tallinn, Harju County · founded 2011$294.9Kraised▾
Provider of diversified application development services
- May 2021Grant (prize money)$105.1K
- Jan 2019Grant (prize money)$189.8K
#5
Funding Raised · Tallinn, Harju County · founded 1990$625.3Kraised▾
Liewenthal Electronics is a privately-owned engineering and R&D company specializing in the design of embedded systems, software, and hardware, including FPGAs and SoCs. With a focus on electronics and software design, the company has extensive experience in developing various embedded systems. Their services range from system design to testing, catering to clients with complex engineering needs.
- Jun 2020Grant (prize money)$279.9K
- Jan 2016Grant (prize money)$345.3K
#6
Funding Raised · Tallinn, Harju County · founded 2013 · 33 employees$55Kraised▾
Developer of a software company intended for automating processes with a small ecological footprint. The company's services include quality assurance, creating mobile applications and website platforms for delegating tedious administrative work to computers, and streamlining operational processes, enabling clients to keep their employees more productive.
- Nov 2019Grant (prize money)$55K
- Jun 2019Grant (prize money)—
#7
Funding Raised · Tallinn, Harju County · founded 1994 · 126 employees$54.4Kraised▾
Provider of software development services
- Mar 2016Grant (prize money)$54.4K
#8
Seed · Tallinn, Harju County · founded 2017 · 18 employees—raised▾
SaaS-based manufacturing digitization and optimization solutions. It offers WMS and MES software that enables industries and SMEs to do operation and control and optimize production and process flow in manufacturing.
- 2021Seed—
#9
Funding Raised · Tartu, Tartu · founded 2009 · 23 employees—raised▾
Provider of AI and data analytics services
#10
Seed · Tallinn, Harju County · founded 2011 · 21 employees—raised▾
Developer of web and mobile applications based in Tallinn, Estonia. The company offers product consulting, product design, software development, product development, iOS development, software designing and web module building services.
- Sep 2019Seed—
#11
Seed · Tallinn, Harju County · founded 2018—raised▾
Provider of security services
#12
Funding Raised · Tallinn, Harju County · founded 2000 · 1800 employees—raised▾
IT services company providing software development solutions
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of IT Services coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.