Search for...

Which are the 10 most funded tech companies in SEE?

SEE tech company

With the launch of our Growth Club ecosystem platform, we now have the tools to explore the growth of regional startups in more detail. In this listicle, you can find out more about the top 10 tech companies in SEE in terms of total funding received. For more insights, hard data on companies, the latest news announcements, and more, you can check our Growth Club database.

The leading SEE tech companies in terms of total funding

Company nameCountryFoundedTotal funding in EURTeam sizeIndustry
UiPathRomania20051,723,000,0001001-5000Enterprise Software
InfobipCroatia2006602,607,5001001-5000Enterprise Software, Martech
BluegroundGreece2013222,300,000201-500Proptech
Rimac AutomobiliCroatia2009180,000,000501-1000Automotive
Viva WalletGreece1999163,296,000501-1000Fintech
HyperscienceBulgaria162,300,000Enterprise Software
BitdefenderRomania2001160,820,0001001-5000Enterprise Software, Cybersecurity
LeanplumBulgaria107,300,000Martech
FintechOSRomania201765,600,000201-500Fintech
FlexCarGreece51,600,00011-50Automotive

More about the solutions of the SEE fundraising champions

  • UiPath is a Romanian RPA unicorn company with global outreach. It is based in New York, but more than 700 of its 3000 employees are currently based in Romania. In February 2021 UiPath raised $750M which brought its value to $35B

 

  • Infobip is a Croatian unicorn company that provides communication and customer engagement software. The company recently raised fresh $500M through direct loan placement. Infobip has so far opened 65 offices around the world, earning the capacity to reach over seven billion mobile and IoT devices connected to about 800 telco networks. The company partners with some of the world’s biggest mobile operators, messaging apps, social networks, and aggregators.

 

  • Blueground is a Greek proptech rental platform that allows users to book flexible stays (30 days and longer) from a network of thousands of fully furnished, quality homes around the world. Having recently raised $140M in an equity funding round led by existing investor Laurence Tosi’s WestCap Group, the company is now valued at $750M. Riding on the unicorn path, Blueground is now focused on fueling its expansion around the world, targeting cities such as Miami, Zurich, Berlin, and Madrid, to reach 50 cities by 2025.

 

  • Rimac Automobili is a Croatian electric hypercar manufacturer that combines a passion for automotive with the vision to create high-performance cars for the electric transition. The company creates core EV systems, from power-dense drivetrain systems to advanced autonomous driving and infotainment technologies. In July 2021 Rimac Automobili joined forces with Porsche AG, including Volswagen’s Bugatti brand, to create a hypercar manufacturer. 

 

  • Viva Wallet is the first Pan-European cloud-based neobank providing localized payment and credit services to businesses across 23 countries. Viva Wallet started 21 years ago and at the beginning, it specialized in the development of banking software solutions. Fast forward to today, Viva Wallet now offers merchants an IBAN account that is localized and tailored for the specific local payment methods of every country. In April 202, the Greek cloud-based neobank raised $80M. 

 

  • Hyperscience is a Bulgarian automation company that modernizes critical processes and operations for data-centric organizations and governments. The company develops AI-based enterprise software designed to automate office work processes. Hyperscience allows enterprises to transform their operations, and improve operational efficiency with the power of their data. The company has offices in  New York City, Sofia, Bulgaria, and London, UK. In October 2020, the company raised $80M in Series D. 

 

  • Bitdefender is a global security technology company that provides advanced threat protection to both businesses and consumers across more than 150 countries. The Romanian leader in cybersecurity threat prevention, detection, and response solutions has raised over €160M for the 20 years it has been on market.

 

  • Leanplum is a Bulgaria-founded customer engagement platform that has received over $125M in funding from leading Silicon Valley venture capital firms such as Norwest Venture Partners, Kleiner Perkins, and Canaan Partners. Leanplum transforms data into insight about the needs and wants of users and optimizes engagement campaigns. 

 

  • FintechOS is a fintech startup founded in Bucharest that provides personalized and low-code digital infrastructure for banks, insurers, and other financial institutions. Currently, more than 40 institutions run on FintechOS, including Eerste Bank, Societe Generale, Scotia bank, and many more. In April 2021, it raised $60M in Series B to continue with the international expansion.

 

  • FlexCar is a Greek car-as-a-service company that makes car ownership flexible by simplifying the process of leasing a vehicle and minimizing advance payments. FlexCar allows individuals, freelance drivers, and businesses to get the car, scooter, or commercial van they want in a quick and convenient way without having to deal with bureaucratic procedures and paying deposits. In June 2021 the mobility startup raised a record investment for the Greek ecosystem with the closing of a €50M round.

Help us shine a light on the emerging innovation hubs in Southeast Europe

Every single contribution of yours helps us guarantee our independence and sustainable future. With your financial support, we can keep on providing constructive reporting on the developments in the region and give even more global visibility to our emerging innovation destination.

Thanks for shaping the story of the SEE entrepreneurial ecosystem together with us!

Monthly donation

In the next year, you’ll help us:

💡 €7: Establish The Recursive as an independent platform for innovation journalism

💡 €25: Produce more engaging videos showcasing local innovators

💡 €35: Develop more channels for international distribution of local stories

💡 €50: Recruit reporters covering the local developments in several more cities in SEE

💡 €100: Train and educate young innovation journalists and content creators

One-time donation

You can also support The Recursive’s mission with a pick-any-amount, one-time donation. 👍

Elena is an Innovation Reporter at The Recursive, an online media dedicated to the emerging tech and startup ecosystems in Southeast Europe. She is keen on sharing the innovation stories that shape the regional ecosystem and has a great interest in fintech, IoT, and biotech startups. Elena is currently finishing her Bachelor's Degree in Business Administration and Political Science at the American University in Bulgaria.