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Radar · Retail in Portugal

Best Retail Companies in Portugal

The 198 best Retail companies in Portugal in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: bizay.

198companies tracked
$200.2Mdisclosed funding
0unicorns
17have raised

Portugal's Retail sector doesn't get enough credit. This directory ranks 198 companies operating across retail in Portugal, ordered by disclosed equity funding and recent momentum, and the $200M in total tracked capital tells a more interesting story than the headline suggests.

Bizay leads the pack at $92M raised, with Smartex at $30M and Sensei at $23M rounding out the top tier. That's three companies accounting for the bulk of a funding pool spread thin across nearly 200 tracked names, and no unicorns yet. So where's the pressure coming from? Global retail is forecast to grow from roughly $795.6B in 2024 to $1,283.6B by 2034 at a 4.0% CAGR, driven by GenAI adoption and shifting consumer demand, which means Portuguese founders building in this space are doing it inside a market that's genuinely expanding. Median app install growth of roughly +20% YoY across 806 retail-adjacent apps confirms digital channels are still pulling users in. I'd watch Sensei especially, given its computer-vision angle on physical stores. Investors like Portugal Ventures and EIC Fund are active here, and you can filter the full list below to find where the smart money is actually landing.

Sources & further reading

Ranked: Best Retail companies in Portugal

#CompanyDisclosed fundingLast roundStageEmployeesFounderTech stackRecent signals
1bizay
Bizay is an Operating System for Product Customization, that enables the world’s largest catalogue of…
$92M29 mo agoSeries C190—AlgoliaSalesforceMicrosoft ASP.NET+30—
2Smartex
Developer of automated inspection systems for circular knitting textile machines
$30M43 mo agoSeries A134Paulo Ribeiro
Co-Founder & VP of Software Engineering
WixSentryBootstrap+151 job opening · 1 internship
3Sensei
Provider of AI-based autonomous store solutions for offline retail stores
$23M19 mo agoSeries A60Nuno Moutinho
Co-Founder & CTO
WebflowGSAPTypekit+15—
4PlatformE
Online B2B platform offering customization of fashion products
$12M79 mo agoSeries B48Ben Demiri
Co-Chair And Co-Founder
WebflowTikTok PixelLinkedin Insight Tag+20—
5Barkyn
Internet first brand offering dog foods
$11M61 mo agoSeries A74Andre Jordao
Co-Founder & CEO
Shogun Page BuilderCart FunctionalityShopify+36—
6Movvo
Real-time customer behavior analysis to drive sales
$11M120 mo agoDeadpooled55Roberto Ugo
Founder
——
7sheerME
Provider of an online marketplace to book beauty, fitness, and wellness services
$8M25 mo agoSeed30Miguel Alves Ribeiro
Co-Founder & CEO
RubyNode.jsLeaflet+32—
8Reckon
AI-based cloud platform for self-checkout solution for retail
$2M10 mo agoSeries A28Ana Pinto
Co-Founder & CEO
WordPressMySQLPHP+311 job opening
9AssetFloow
AI-based predictive analytics and business workflow management solutions
$2M39 mo agoSeries A9Katya Ivanova
Co-Founder & CEO
——
10Undandy
Online platform for custom-made footwear for men
$2M90 mo agoSeed—Goncalo Simoes Henriques
Founder & Managing Director
——
11eSolidar
Auction website for helping charities in raising funds
$1M101 mo agoSeed8Marco Barbosa
CEO
——
12Flecto
Provider of software suite solution for rental e-commerce businesses
$1M47 mo agoSeed13Francisco Bento
Co-founder
Node.jsReactNext.js+91 job opening
13Zeoos
Cloud-based operation management solutions for e-commerce businesses
$1M27 mo agoSeed—Filipe Themudo
CEO
——
14Passworks
Customer acquisition and marketing through Passbook, Google Wallet and WP Wallet
$1M145 mo agoAcquired3———
15Mygon
Real time local deals
$700K171 mo agoSeed9Goncalo Bernardo
Co-founder
Cart FunctionalitySentryFacebook Login+241 award
16Shiptimize
Multi-carrier shipping solutions for e-tailers
$640K95 mo agoSeries A11Mark Bastiaanssen
Co-Founder
WordPressMySQLPHP+14—
17Corium Biotech by Maia & Muller - Biotech
Manufacturer of alternative leather materials
$547K20 mo agoUnfunded3Maria Goncalves Maia
Co-Founder & CEO
——
18Xhockware
App-based self-checkout and customer engagement solutions
$476K91 mo agoSeed9Joao Paulo Rodrigues
Co-Founder & CEO
—5 launchs
19MeshApp
Web content management application for e-tailers and brands
$375K151 mo agoDeadpooled8Rodrigo Moreira Rato
Co-Founder & CEO
——
20Magikbee
Interactive device learning through tablets for kids
$250K93 mo agoSeed—Hugo Filipe Ribeiro
Co-Founder & CEO
——
21Gorodata
Provider of AI-based software suite solution
$146K60 mo agoSeed3Miguel Ventura
Co-Founder
——
22Follow Inspiration
Smart shopping carts for retailers
$123K97 mo agoFunding Raised14Luis de Matos
Chairman & CEO
WordPressPleskMySQL+221 expansion

Top 12 Retail companies in Portugal

#1
Series A · Lisbon, Lisbon · founded 2017 · 28 employees
$1.8Mraised
▾

AI-based cloud platform for self-checkout solutions for retail. It provides customers with checkout-free grab-and-go shopping experiences where the customer can unlock the cabinet, buy the products, and make the payment from the application. Its proprietary technology combines cloud AI algorithms that are achieving recognition and fraud prevention.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers — 4.1% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Head of Sales, Sales Manager
Funding rounds
  • Jul 2025Series A$5.9M
  • Sep 2021Seed$1.8M
  • 2018Seed—
  • Jun 2018Seed—
Founders & team
Ana PintoCo-Founder & CEOPaulo RibeiroCo-Founder
Investors
WiseNext, Portugal Ventures, Bright Pixel Capital, Armilar Venture Partners, Iberis Capital, Alea Capital Partners
Tech stack
Apple Icloud MailCdnjsCloudflareGoogle AnalyticsGoogle Font ApiGoogle Tag Manager
#2
Series A · Lisbon, Lisbon · founded 2017 · 60 employees
$23.3Mraised
▾

Provider of AI-based autonomous store solutions for offline retail stores. The platform offers real-time video recognition software to digitize physical stores with autonomous and check-out-free solutions. Its software offers AI-powered algorithms and computer visions for cameras gathering and analyzing data on people and product performance in stores, enabling brick-and-mortar retailers to analyze the customers. It offers autonomous pods, cabs and stores solution.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 20k LinkedIn followers — 9.1% of this cohort's audience
Founders & team
Nuno MoutinhoCo-Founder & CTOPaulo CarreiraCo-Founder & Chief Scientific OfficeVasco PortugalCo-Founder & CEO
Investors
Seaya, Iberis Capital, 200M, LeadX Capital, Techstars, Bright Pixel Capital
Tech stack
BunnyCdnjsCloudflareGoogle AnalyticsGoogle Font ApiGoogle Hosted Libraries
#3
Series C · Torres Vedras, Lisboa · founded 2013 · 190 employees
$91.8Mraised
▾

Developer of a customized marketplace platform designed to digitalize product customization by empowering brands, people, and societies to self-express. The company's platform and technology are aimed at different customer target sectors to design and sell customized products via product catalog and offer customization on any product in the world and reduce the cost of production by half through batching and supply-chain optimization technologies, enabling small and medium-sized enterprises as well as big household brands to ways of communicating, changing the way in which they develop and implement their marketing strategy.

Investors
Indico Capital Partners, Iberis Capital, Lince Capital, European Investment Bank, LeadX Capital, Omnes Capital
Tech stack
AlgoliaAmazon S3Amazon Web ServicesAngularjsAuraBabel
#4
Seed · Paco De Arcos, Lisbon · founded 2020 · 30 employees
$7.9Mraised
▾

Operator of a wellness marketplace designed to cater to consumers' needs by providing access to online booking and payment options for all wellness services. The company's platform helps wellness businesses to increase their online visibility, bookings, and payments through the marketplace and various integrations partners that connect consumers and self-care services, enabling customers to connect with utilities as per their requirements and earn benefits to use through a Wallet and cashback ecosystem.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers — 3.1% of this cohort's audience
Founders & team
Miguel Alves RibeiroCo-Founder & CEOShakil SatarCo-FounderKarly Alves RibeiroCo-Founder
Investors
Lince Capital, Olisipo Way, M4 Ventures, Startup Lisboa
Tech stack
Amazon S3Amazon Web ServicesBunnyBunny FontsCloudflareCloudflare Browser Insights
#5
Unfunded · Porto, Porto District · founded 2020 · 3 employees
$546.8Kraised
▾

Manufacturer of alternative leather materials. It provides users with the development of exotic leather materials and products. Its features include fashion solutions and bio-production.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 1 partnerships · 1 awards (incl. Sustainabelle Advisory Services) announced in 12 mo
Founders & team
Maria Goncalves MaiaCo-Founder & CEOMargot MullerCo-Founder & COO
Investors
Biotope, Portugal Ventures
#6
Series A · Porto, Porto District · founded 2018 · 134 employees
$30.2Mraised
▾

Developer of automated inspection systems for circular knitting textile machines. The company provides tools for modern textile factories, offering solutions for manual fabric inspection, lack of digitalization, and insufficient traceability. It focuses on enhancing factory operations by elevating quality, increasing productivity, and boosting sustainability. The company builds systems to transform textiles and empower factories.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 23k LinkedIn followers — 10.5% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Embedded Systems Engineer
Funding rounds
  • Nov 2022Series A$24.7M
  • Jan 2022Grant (prize money)$55.7K
  • Aug 2020Grant (prize money)$2.2M
  • Aug 2020Seed$2.6M
Founders & team
Paulo RibeiroCo-Founder & VP of Software EngineeringGilberto LoureiroCo-Founder & CEO
Investors
HAX, Europa, EIC Fund, DCVC, Spider Capital, Build Collective
Tech stack
BootstrapCloudflareGoogle AnalyticsGoogle CloudGoogle Cloud CdnGoogle Workspace
#7
Seed · Lisboa, Lisboa · founded 2009
$1.1Mraised
▾

Cloud-based operation management solutions for e-commerce businesses

Founders & team
Filipe ThemudoCEO
Investors
Lince Capital
#8
Series A · Porto, Porto District · founded 2017 · 74 employees
$11.2Mraised
▾

Internet first brand offering dog foods. The company offers personalized and flavorful food for the dog. It uses a natural source of vitamins and minerals like fresh salmon fillet or tender chicken breast, mixed with broccoli, blueberries, and other chemical-free super ingredients. The platform also allows connecting with veterinarians for nutritional and health support. The company offers mobile applications for Android and iOS platforms.

Funding rounds
  • Apr 2021Series A$3.6M
  • Jun 2020Series A$5.6M
  • Apr 2019Seed$1.9M
  • Mar 2017Seed$107.5K
Founders & team
Andre JordaoCo-Founder & CEO
Investors
Shilling, Five Seasons Ventures, Indico Capital Partners, Portugal Ventures, 200M, Acurio Ventures
Tech stack
American ExpressApple PayCart FunctionalityCdnjsClerkCloudflare
#9
Series A · Lisbon, Lisbon · founded 2021 · 9 employees
$1.6Mraised
▾

AI-based predictive analytics and business workflow management solutions. It provides analytics, prediction, workflow management, decision-making solutions, insights, and more.

Funding rounds
  • Mar 2023Series A$1.6M
  • Nov 2021Seed—
Founders & team
Katya IvanovaCo-Founder & CEORicardo SantosCo-founder and CTO
Investors
GED Ventures Portugal, AI Startup Incubator, Look AI Ventures
#10
Series B · Porto, Porto District · founded 2015 · 48 employees
$12Mraised
▾

Online B2B platform offering customization of fashion products. The company manufactures based on the ongoing demand in the fashion industry. The company claims to offer 3D product visualization, 3D product configuration, and supply chain technology to manufacture on-demand fashion products. The company helps brands to customize the needs of customers virtually with a variety of designs, graphics, fabrics, colors, and more, before making the physical product. It also offers a supply chain solution that connects the orders directly to factories, enabling dropship products factory to consumer.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 4.8% of this cohort's audience
Hiring: 3 hiring posts in 12 mo (public) · hiring: Founder Associate – Commercial Shadow, People & Ops Specialist
Founders & team
Ben DemiriCo-Chair And Co-Founder
Investors
TLF Ventures, Nordstrom, Corticeira Amorim, The Luxury Fund Management, 200M
Tech stack
CdnjsCloudflareCloudflare Bot ManagementCore-JsFacebook PixelGoogle Ads
#11
Deadpooled · Porto, Porto District · founded 2009 · 55 employees
$10.8Mraised
▾

Provider of location analytics and monetization platform designed to deliver insights on in-store browsing and shopping patterns. The company's location analytics and monetization platform utilizes artificial intelligence and big data to deliver a business intelligence insight, captures and interprets the radio frequency footprint of shoppers, enabling shopping malls, city centers, and entertainment venues to monetize their physical space and provide an omnichannel experience to their visitors.

Founders & team
Roberto UgoFounderSuzy VasconcelosCo-Founder & COOCyrus Gilbert-RolfeCEO
Investors
Caixa Capital, Bright Pixel Capital, BGI
#12
Seed · Lisbon, Lisbon · founded 2016 · 13 employees
$1.3Mraised
▾

Provider of software suite solutions for rental e-commerce businesses. The platform allows businesses to customize rental operations by scanning IDs, adding services, and charging customers using link. The software feature includes inventory management, booking management, multi-channel sales management, subscription management, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Insurance Expert
Founders & team
Francisco BentoCo-founderWilliam GuerraCo-Founder & CEOJoão Ferreira LoffCo-Founder & CTO
Investors
Techstars, MSM, Übermorgen Ventures
Tech stack
CloudflareGoogle WorkspaceGsapHstsHubspotNext.Js

Funding & investor landscape

$200.2Mtotal disclosed funding
25companies funded
28disclosed rounds
0rounds last 90 days
Most active investors
Portugal Ventures21 rounds
Startup Lisboa13 rounds
BGI8 rounds
EIC Fund5 rounds
PME Investimentos5 rounds
200M4 rounds
Bright Pixel Capital4 rounds
Europa4 rounds
Iberis Capital4 rounds
Indico Capital Partners4 rounds

Notable founders

Ana Pinto
Co-Founder & CEO · Reckon
Paulo Ribeiro
Co-Founder · Reckon
Nuno Moutinho
Co-Founder & CTO · Sensei
Paulo Carreira
Co-Founder & Chief Scientific Office · Sensei
Miguel Alves Ribeiro
Co-Founder & CEO · sheerME
Shakil Satar
Co-Founder · sheerME
Maria Goncalves Maia
Co-Founder & CEO · Corium Biotech by Maia & Muller - Biotech
Margot Muller
Co-Founder & COO · Corium Biotech by Maia & Muller - Biotech
Gilberto Loureiro
Co-Founder & CEO · Smartex
Filipe Themudo
CEO · Zeoos
Andre Jordao
Co-Founder & CEO · Barkyn
Katya Ivanova
Co-Founder & CEO · AssetFloow
Prism market signals · Portugal · country-scoped Prism corpus, 720,732 docs

Market landscape — 10 sub-themes by coverage

Share of Retail coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Retail companies are there in Portugal?
Radar tracks 198 indexable Retail companies headquartered in Portugal that meet our profile-completeness bar.
What is the total funding raised by Retail companies in Portugal?
The Retail companies in Portugal on this list have raised a combined $200.2M in disclosed equity funding across 25 funded companies.
Which is the highest-funded Retail company in Portugal?
bizay is the highest-funded Retail company in Portugal, with $91.8M in disclosed equity funding.
How many Retail companies in Portugal are funded?
25 of the 198 Retail companies in Portugal on this list have disclosed at least one equity funding round.
How many Retail unicorns are there in Portugal?
None of the Retail companies in Portugal on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Portugal Retail companies?
The most active investors in Portugal Retail companies on this list include Portugal Ventures, Startup Lisboa, BGI, EIC Fund, PME Investimentos.
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