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The lifestyle in Amsterdam and its geographical highlights are famous across the world. In recent years, the startup ecosystem in the city has taken the centre stage and many tech giants are making constant efforts to tap into the Netherlands capital.
The quality of life in the Netherlands is a major reason for foreign tech giants to move to the country. It is ranked third in Europe for quality of life and first in the world for work-life balance. Also, the cost of living is relatively lower than the developed tech hubs and the travel time is also not much.
As a result, many foreign brands such as Amazon, Netflix, Microsoft, etc. have opened offices in the country and are on the lookout for local talent. Today, we have listed the fastest hiring foreign tech companies in Amsterdam as sourced from Dealroom.
Founders: Garrett Camp, Travis Kalanick
Total Funding: €14.3 billion
Valuation: $75.5 billion
Founded year: 2009
Why its hot: Uber set the world in motion with its platform, which helps drivers and riders get moving in over 600 cities across the world. The company welcomes people seeking an opportunity to help build a future letting everyone and everything move around independently. Gradually, the company moved from being a cab-hailing service into the food delivery industry with Uber Eats.
Founders: Marc Randolph, Reed Hastings
Total Funding: €94.1 million
Valuation: $26.6 billion
Founded year: 1997
Why its hot: Netflix is the leading internet streaming service in the world with over 148 million paid subscriptions in more than 190 countries. The service provides documentaries, TV series, movies, feature films and more across a range of genres and languages. It has opened up a new category giving rise to numerous competitors.
Founders: Elon Musk, JB Straubel, Marc Tarpenning, Martin Eberhard
Total Funding: €681 million
Valuation: $330 million to $495 million
Founded year: 2003
Why its hot: Tesla operates with a mission to accelerate the transition towards sustainable energy by increasing the use of affordable electric vehicles besides renewable energy generation as well as storage. Tesla is committed to deliver the best-in-class performance, safety and reliability with its vehicles. This company has launched scalable energy products such as Solar Roof, Powerpack and Powerwall to achieve a sustainable energy future.
Founders: Pierre Omidyar
Total Funding: €6.1 million
Founded year: 1995
Why its hot: eBay is an American multinational e-commerce corporation based in San Jose, California. The company facilitates consumer-to-consumer and business-to-consumer sales via its website. eBay carries the credits of being one of the first internet giants in the world. And, it became quite successful in the online business space.
Founders: Jeff Bezos
Total Funding: €98.2 million
Valuation: $178.1 billion
Founded year: 1994
Why its hot: Amazon works with the mission to be the most customer-centric company in the world. The company’s actions, projects, goals, programs and inventions are carried out with the customers in mind. The company develops new technologies ranging from Amazon Web Services to Alexa for its users across the world.
Founders: Bill Gates, Paul Allen
Total Funding: €10.9 million
Valuation: $48 million to $72 million
Founded year: 1974
Why its hot: Microsoft’s mission is to empower each person and organisation to achieve more. It is grounded in both the world where to live and the future we wish to create. Currently, there is a mobile-first and cloud-first approach and the transformation is driving businesses and customers across the world thrive.
Founders: John Collison, Patrick Collison
Total Funding: €714 million
Valuation: $22.5 billion
Founded year: 2010
Why its hot: Stripe offers a set of tools to build and run an internet business. The company helps businesses accept payments from anywhere and anyone and build new companies such as Kickstarter and Lyft. Stripe operates with the intention to bring more global businesses online.
Founders: Mikko Honkanen, Pietari Suvanto, Tuomas Rasila
Founded year: 2013
Why its hot: Vainu was launched with the objective to collect, read and understand information written about each company in the world. The company makes this information available to everyone with its own SaaS integration. The firm uses Artificial Intelligence to prepare the training data and has offices in Helsinki, Stockholm, New York, Amsterdam and Oslo.
Founders: Brice Hua, David Barre, Jean-Bastien Dussart, Lucien Besse, Pierre Khoury, Thibaut Morlot
Total Funding: €12 million
Valuation: €40 million to €60 million
Founded year: 2013
Why its hot: Shippeo is the creator of a supply chain visibility platform, which lets large companies track real-time road transport flows. The company aims to bring B2B manufacturing as well as retail expectations closer to B2C standards. Shippeo lets leading supply chains deliver exceptional customer service. With real-time information readily available, companies can communicate with customers and alert them of any delivery issues or delays.
Founders: Daniel Dines, Marius Tirca
Total Funding: €924 million
Valuation: $7.0 billion
Founded year: 2005
Why its hot: At UiPath, they deliver the most advanced Enterprise RPA platform for businesses and IT. This technology is used by thousands of companies involved in document management, healthcare, accounting and finance, contact centre, etc. It helps them address major technical challenges including data extraction, process automation, data migration, business process outsourcing and more.
Snap Inc. (US)
Founders: Bobby Murphy, Evan Spiegel, Reggie Brown
Total Funding: €2.4 billion
Valuation: $16.0 billion
Founded year: 2011
Why its hot: Snap Inc. is a camera company. Those at Snap Inc. believe that there is a great opportunity in improving the way people live and communicate by reinventing the camera. It empowers people to express themselves freely, live the moment, learn more and have fun together.
Founders: Travis VanderZanden
Total Funding: €377 million
Valuation: $2.0 billion
Founded year: 2017
Why its hot: Electric scooters are the rage right now and it is catching up the trend almost everywhere. Many e-scooter startups from the US have entered the Dutch market and one of them is Bird. This mobility company lets you rent a dockless electric scooter that can work with the companion app. It lets you begin your ride by scan the QR code in the Bird app to unlock a ride for as low as $1 for a ride or 15 cents per minute.
Stay tuned to Silicon Canals for more updates in the tech startup world.