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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 name Country Founded Total funding in EUR Team size Industry
UiPath Romania 2005 1,723,000,000 1001-5000 Enterprise Software
Infobip Croatia 2006 602,607,500 1001-5000 Enterprise Software, Martech
Blueground Greece 2013 222,300,000 201-500 Proptech
Rimac Automobili Croatia 2009 180,000,000 501-1000 Automotive
Viva Wallet Greece 1999 163,296,000 501-1000 Fintech
Hyperscience Bulgaria 162,300,000 Enterprise Software
Bitdefender Romania 2001 160,820,000 1001-5000 Enterprise Software, Cybersecurity
Gtmhub Bulgaria 205 140,610,000 201-500 Enterprise Software
Payhawk Bulgaria 2018 120,400,000  51-200 Fintech
Leanplum Bulgaria 107,300,000 11-50 Marketing Tech

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.
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  • 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.


  • Gtmhub is a Bulgarian OKRs management software company that enables organizations to align their employees with the organizational business goals. Recently it raised a $120M Series C round in the largest funding round in the global OKR software space. Founded in 2015, Gtmhub has managed to grow a team of over 240 employees spread across their offices in Sofia, Berlin, London, and Denver, where the HQ is located.
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  • Payhawk is a Bulgarian payment and expense management company that recently raised a $112M Series B round, closing the largest ever Series B round for a B2B company in CEE. Payhawk serves companies in 27 countries with its company cards and spend management platform across Europe. Its customer base consists of a mix of fast-growing and mature multinational companies like LuxAir, Lotto24, Viking Life, Gtmhub, Flink, MacPaw, and By Miles.


  • 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. 

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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.