Radar Companies Business Services · Bulgaria
Radar · Business Services in Bulgaria

Best Business Services Companies in Bulgaria

The 172 best Business Services companies in Bulgaria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: CETIN.

172companies tracked
$547.5Mdisclosed funding
0unicorns
4have raised

Of the 172 Business Services companies we track in Bulgaria, one name swallows almost all the oxygen: Cetin, sitting on $545M of the sector's $548M total disclosed funding. That's not a typo. Everything else, Icanpreneur, Urbo Studio, Dev.BG, The Edge, splits a rounding error between them. So the real question isn't who's leading, it's whether the ecosystem underneath that giant is actually alive. And it is, quietly. Median install growth across business and productivity apps is running at roughly +19% year-on-year across 93 tracked apps, which tells you demand is moving even when the funding headlines don't.

Hot themes right now include analytics tools, business partnership platforms, and ecosystem services, and coverage of Bulgarian operators is rising. Globally, the capital is following the same direction: Sila's $100M raise from Permira signals that institutional money still wants exposure to business services infrastructure, and Iris Business Services pushing into Office 365-based disclosure tooling shows you the product direction the category is moving toward. Bulgaria's funding base is concentrated, yes, but the activity layer beneath it is broader than the numbers first suggest.

Ranked: Best Business Services companies in Bulgaria

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1CETIN
Provider of data and security management, and IT services
$545M29 mo agoSeed2015LiferayJavaBootstrap+9
2URBO Studio
Event management platform for enterprises
$1M33 mo agoSeedAndrey Lilov
Founder & CEO
2015SanityGraphQLTypeScript+12
3Icanpreneur
Provider of strategic consulting services
$1M31 mo agoSeed2021Node.jsTailwind CSSReact+181 launch · 1 partnership
4DEV.BG
Provider of event management services
$223K75 mo agoSeedSvetoslav Dimov
CEO
2016WordPressZohoMySQL+281 launch
5The Edge
Provider of venture creation, innovation support, and business-university collaboration services
$27K62 mo agoFunding RaisedMilena Stoycheva
Co-founder
20171 job opening · 1 partnership · 1 award
6OPTIX JSC
Provider of thermal imaging, night vision devices, and other security services
29 mo agoFunding RaisedIvan Cholakov
CEO
1998PHPMediaElement.jsApache HTTP Server+162 launchs
7TBS
Provider of IT managed services
36 mo agoPublicLubomir Minchev
Co-Founder
2001WordPress Block EditorWordPressApple iCloud Mail+321 partnership · 1 award
8LIREX
Provider of VAPT and security training services
42 mo agoFunding RaisedD Ilieva
CEO
1991WordPressMySQLPHP+202 launchs

Top 12 Business Services companies in Bulgaria

#1
Seed · Sofia, Sofia City Province · founded 2015 · 2242 employees
$544.9Mraised

Provider of data and security management, and IT services

Funding rounds
  • Jan 2024Grant (prize money)$394.9K
  • Jan 2023Grant (prize money)$63.8K
  • Apr 2022Conventional Debt$544.5M
  • Oct 2021Seed
Investors
Europa, GIC
Tech stack
AlloyuiBootstrapGoogle Font ApiGoogle Tag ManagerGsapHsts
#2
Seed · Sofia, Sofia City Province · founded 2021 · 8 employees
$1Mraised

Provider of strategic consulting services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 2.7% of this cohort's audience
Activity: 1 product launches · 1 partnerships (incl. Icanpreneur and IVA) announced in 12 mo
Investors
Sofia Angels Ventures, MGF Invest
Tech stack
Amazon CloudfrontAmazon Cloudwatch RumAmazon SesAmazon Web ServicesGoogle AnalyticsGoogle Font Api
#3
Seed · Sofia, Sofia City Province · founded 2015
$1.3Mraised

Event management platform for enterprises. It provides solutions for booking, management, online and offline sales of solutions in the creative and recreational sectors. It offers features such as revenue generation, marketing tools, control and analysis, booking engine, website creation, ticketing system, channel management, and online and virtual events.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 641 LinkedIn followers
Funding rounds
  • Sep 2023Seed$1.3M
Founders & team
Andrey LilovFounder & CEO
Investors
BDB
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAngularApolloGoogle Font Api
#4
Seed · Sofia, Sofia City Province · founded 2016
$223.5Kraised

Provider of event management services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 32k LinkedIn followers — 34.9% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Mar 2020Seed$223.5K
Founders & team
Svetoslav DimovCEOIvo HristovChief Executive Officer
Tech stack
ClickyCloudflareCloudflare Bot ManagementCloudflare Browser InsightsContact Form 7Cookieyes
#5
Funding Raised · Sofia, Sofia City Province · founded 2017
$27.2Kraised

Provider of venture creation, innovation support, and business-university collaboration services. It facilitates new technology ventures by supporting research projects and enhancing companies’ innovation capacity. It develops an ecosystem where businesses, universities, startups, and organizations co-create socio-economic and environmental impact. It supports innovative research projects and improves companies’ competitiveness through open innovation, lean startup methodologies, and university-business collaboration models. The company aims to bridge the gap between academic research and commercialization, fostering entrepreneurship and enabling businesses to disrupt existing offerings and create regional innovation networks.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Deep Tech Experts
Activity: 1 partnerships · 1 awards (incl. SCALE'HER) announced in 12 mo
Funding rounds
  • Apr 2021Grant (prize money)$27.2K
Founders & team
Milena StoychevaCo-founderPetko RuskovCo-Founder & CTCOMalvina IlievaCo-Founder & Managing Director
Investors
Europa
#6
Funding Raised · Panagyurishte, Pazardzhik · founded 1998 · 600 employees
raised

Provider of thermal imaging, night vision devices, and other security services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 3.4% of this cohort's audience
Activity: 2 product launches announced in 12 mo
Founders & team
Ivan CholakovCEO
Investors
Europa, AYANA
Tech stack
Apache Http ServerCloudflareCloudflare Bot ManagementCore-JsFancyboxGoogle Analytics
#7
Public · Sofia, Sofia City Province · founded 2001 · 330 employees
raised

Provider of IT managed services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 12k LinkedIn followers — 12.4% of this cohort's audience
Activity: 1 partnerships · 1 awards (incl. Sofiyska Voda) announced in 12 mo
Founders & team
Lubomir MinchevCo-FounderIvan ZhitiyanovCEO
Investors
Europa, CEECAT Capital, Utilico Emerging Markets Trust
Tech stack
AhrefsApple Icloud MailCdnjsCloudflareCloudflare Bot ManagementCloudflare Turnstile
#8
Funding Raised · Sofia, Sofia City Province · founded 1991
raised

Provider of VAPT and security training services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 4.8% of this cohort's audience
Activity: 2 product launches announced in 12 mo
Founders & team
D IlievaCEO
Investors
Europa
#9
Funding Raised · Sofia, Sofia City Province · founded 2001
raised

Non governmental organization and research center for legal issue

Founders & team
Bogdan PetrovFounder
Investors
European Union
Tech stack
Animate.CssBootstrapCloudflareCloudflare Bot ManagementFacebook LoginGoogle Analytics
#10
Acquired · Sofia, Sofia City Province · founded 2003 · 224 employees
raised

Melon provides software development services. Services include mobile and web development, technology consulting, maintenance & support, qa and testing. Web development technologies include ASP.NET, PHP, Python, Ruby, PHP, HTML/JS, Flash/Flex. Mobile development services include for iOS, Android, Windows, PhoneGap, Xamarin etc. Melontech is a Microsoft Gold Partner, member of Bulgarian Association of Software Companies and Bulgarian Web Association. Technology partners include Nokia, RIM, Samsung, Motorola, Sony Ericsson and Intel.

Founders & team
Krum HadjigeorgievCEO
Tech stack
Windows ServerMicrosoft Asp.NetIisRecaptchaGoogle Font ApiSectigo
#11
Funding Raised · Sofia, Sofia City Province · founded 1989
raised

Provider of solutions in development and distribution of legal and business information systems

LinkedIn Pulse recent public activity · Jul 2026
Audience: 276 LinkedIn followers
Hiring: 1 hiring post in 12 mo (public)
Founders & team
Hristo KonstantinovManaging Director
Investors
European Union
Tech stack
AngularCloudflareCore-JsDetectifyGoogle Font ApiGoogle Tag Manager
#12
Funding Raised · Sofia, Sofia City Province · founded 1996 · 4 employees
raised

Provider of business operations, defence, and other consulting services

Founders & team
Desislav KozarevManaging DirectorNadia BojilovaManaging Director
Investors
EIC Fund
Tech stack
WordpressMysqlPhpApache Http Server

Funding & investor landscape

$547.5Mtotal disclosed funding
5companies funded
6disclosed rounds
0rounds last 90 days
Most active investors
Europa5 rounds
Vitosha Venture Partners3 rounds
European Union2 rounds
AYANA1 rounds
BDB1 rounds
CEECAT Capital1 rounds
EIC Fund1 rounds
Evolution Equity Partners1 rounds
GIC1 rounds
Innovation Capital1 rounds

Notable founders

Andrey Lilov
Founder & CEO · URBO Studio
Svetoslav Dimov
CEO · DEV.BG
Ivo Hristov
Chief Executive Officer · DEV.BG
Milena Stoycheva
Co-founder · The Edge
Petko Ruskov
Co-Founder & CTCO · The Edge
Ivan Cholakov
CEO · OPTIX JSC
Lubomir Minchev
Co-Founder · TBS
Ivan Zhitiyanov
CEO · TBS
D Ilieva
CEO · LIREX
Bogdan Petrov
Founder · Law and Internet Foundation
Krum Hadjigeorgiev
CEO · Melon
Hristo Konstantinov
Managing Director · Apis Europe
Prism market signals · Bulgaria · country-scoped Prism corpus, 508,604 docs

Market landscape — 10 sub-themes by coverage

Share of Business Services coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Business Services companies are there in Bulgaria?
Radar tracks 172 indexable Business Services companies headquartered in Bulgaria that meet our profile-completeness bar.
What is the total funding raised by Business Services companies in Bulgaria?
The Business Services companies in Bulgaria on this list have raised a combined $547.5M in disclosed equity funding across 5 funded companies.
Which is the highest-funded Business Services company in Bulgaria?
CETIN is the highest-funded Business Services company in Bulgaria, with $544.9M in disclosed equity funding.
How many Business Services companies in Bulgaria are funded?
5 of the 172 Business Services companies in Bulgaria on this list have disclosed at least one equity funding round.
How many Business Services unicorns are there in Bulgaria?
None of the Business Services companies in Bulgaria on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Bulgaria Business Services companies?
The most active investors in Bulgaria Business Services companies on this list include Europa, Vitosha Venture Partners, European Union, AYANA, BDB.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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