Best Enterprise Applications Companies in Bulgaria
The 197 best Enterprise Applications companies in Bulgaria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Payhawk.
Bulgaria's Enterprise Applications scene is leaner than most assume, but $268M in disclosed funding across 197 tracked companies tells you something real is building here. Payhawk carries the bulk of that number at $239M, which makes it the de facto anchor of the cohort and Bulgaria's lone unicorn in this space. The global market these companies are selling into is moving fast: IDC pegs enterprise applications at $356B in 2023, heading toward $600B by 2028 at a 9.6% CAGR, driven by cloud migration and automation spend. And as AI rewires what enterprise software actually does, the pressure on smaller vendors to differentiate is only intensifying.
So what does the rest of the stack look like? nPloy leads the mid-tier at $7M, Evrotrust sits at $6M, and Quendoo and Yox both land at $2M. Median app install growth across comparable enterprise software categories is running at roughly +16% YoY, which suggests demand isn't stalling even as budgets tighten. I'd watch the Eleven Ventures and LAUNCHUB portfolios closely here, since both show up repeatedly among the most active investors backing these companies. As research on enterprise application adoption patterns makes clear, deployment complexity still shapes which vendors scale and which plateau, and that dynamic is very much live in Bulgaria right now.
- SAP, Salesforce, Oracle, Microsoft, Intuit lead enterprise application
Ranked: Best Enterprise Applications companies in Bulgaria
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Payhawk 🦄 Provider of spend management platform with AI-powered automation and control | $239M | 51 mo ago | Series B | 4 | Hristo Borisov Co-Founder & CEO | TurbopackApple iCloud MailGoogle Workspace+25 | — |
| 2 | nPloy Mobile-based application for job matching | $7M | 28 mo ago | Series A | 17 | Tsvetoslav Zahariev Co-Founder | SentryNode.jsGoogle Sign-in+30 | — |
| 3 | Evrotrust AI based identity verification and e-Signing solution provider | $6M | 7 mo ago | Series B | 80 | Konstantin Bezuhanov Chief Executive Officer | WordPress Site EditorWordPressApple iCloud Mail+23 | 1 partnership · 1 award |
| 4 | TokWise Developer of AI-powered SaaS platform optimizing renewable energy portfolio management | $3M | 30 mo ago | Series A | 10 | Julien Marcenac Co-Founder | particles.jsBootstrapAmazon Web Services+13 | 2 partnerships |
| 5 | Quendoo Developer of hospitality software suite providing booking, channel, and website management | $2M | 23 mo ago | Seed | 5 | Christophe Gater Co-Founder | Bitrix24core-jsSwiper+6 | — |
| 6 | Yox Operator of a platform for job postings and employer branding | $2M | 8 mo ago | Seed | — | Ivaylo Angelov Co-Founder | Fulfilment & Marketplace Delivery | Google CloudjQuerycore-js+10 | — |
| 7 | Ispolink AI-based job matching and recruitment platform provider | $2M | 61 mo ago | Seed | 8 | Nikolay Pavlov Co-Founder & CTO | WebflowAmazon Web ServicesTypekit+9 | — |
| 8 | ClaimCompass Online dispute resolution | $1M | 81 mo ago | Acquired | 6 | — | — | — |
| 9 | URBO Studio Event management platform for enterprises | $1M | 33 mo ago | Seed | — | Andrey Lilov Founder & CEO | SanityGraphQLTypeScript+12 | — |
| 10 | Re:Benefit Cloud-based platform for benefits administration | $1M | 43 mo ago | Seed | 14 | Milen Manev Co-Founder | WordPressMySQLPHP+27 | 1 launch |
| 11 | SessionStack Provider of customer experience management and analytics software | $856K | 53 mo ago | Seed | 15 | Alexander Zlatkov Co-Founder & CEO | — | — |
| 12 | Fabrico Cloud-based CMMS for managing maintenance processes in a production plant | $722K | 16 mo ago | Seed | — | Blagovesta Pugyova Co-Founder & CEO | BootstrapMicrosoft ClarityLinkedin Insight Tag+19 | — |
| 13 | Microweber Open source website builder | $300K | 170 mo ago | Seed | 3 | Peter Ivanov CEO | PHPZohoLaravel+20 | — |
| 14 | Colibra Online platform to raise claims & receive compensation for flight delay | $284K | 90 mo ago | Seed | 16 | Kalojan Georgiev CEO | — | — |
| 15 | Noble Hire Online tech-industry job board | $227K | 90 mo ago | Seed | 10 | Kaloian Toshev Co-Founder | SentryFirebaseJSS+19 | — |
| 16 | GymRealm Gym and fitness center finder in your local | $193K | 144 mo ago | Seed | 5 | — | — | — |
| 17 | Deed Employee engagement platform | $185K | 153 mo ago | Deadpooled | — | Ilia Iordanov Co-Founder & CEO | — | — |
| 18 | Businessmap Provider of project management tools for enterprises | $125K | 112 mo ago | Seed | — | Dimitar Karaivanov Co-Founder & CEO | GSAPRequireJSApache HTTP Server+22 | — |
Top 12 Enterprise Applications companies in Bulgaria
#1
Series B · Sofia, Sofia City Province · founded 2015 · 80 employees$6.2Mraised▾
AI based identity verification platform for businesses. The platform offers a mobile application for the electronic identification of persons and the electronic signing of documents. The platform uses machine learning technology for automated face recognition and processing of identity documents. It enables users to digitally sign documents or contracts, store in the cloud, and send to counterparties. It allows users to sign personal documents and by enterprises for remote contract signing and client onboarding.
- Nov 2025Series B$7.6M
- Feb 2024Series A$3.5M
- Feb 2023Seed$2.7M
- Feb 2019Grant (prize money)—
#2
Seed · Bulgaria · founded 2021$1.8Mraised▾
Operator of a platform for job postings and employer branding. It provides a space for companies to manage their employer brand. The platform allows employers to share information and gather employee feedback. It also offers tools for analyzing data related to employer profiles.
- Sep 2025Seed$1.8M
#3
Payhawk 🦄Series B · Sofia, Sofia City Province · founded 2018 · 4 employees$239.2Mraised▾
Provider of spend management platform with AI-powered automation and control. The platform offers tools for managing corporate cards, business accounts, payments, and expenses. It facilitates accounts payable automation, business travel management, and multi-entity management. The platform provides integrations and an API for connecting with other finance tools.
- Mar 2022Series B$100M
- Nov 2021Series B$115M
- Apr 2021Series A$20M
- Mar 2020Seed$3.6M
#4
Seed · Sofia, Sofia City Province · founded 2020$722Kraised▾
Cloud-based CMMS for managing maintenance processes in a production plant. It integrates end-to-end maintenance strategies to manage processes in a production plant. It offers features such as work order management, task, inventory, and notification management, and analytics to monitor plant health and repair statistics. It is a tool available on the subscription based pricing model.
- Jan 2025Seed—
- Oct 2023Seed$722K
#5
Seed · Sofia, Sofia City Province · founded 2020 · 5 employees$2Mraised▾
Developer of hospitality software suite providing booking, channel, and website management. The platform offers tools for managing bookings, availability, pricing, and rate plans. It provides booking engine, channel manager, website generator, and digital guest guide. The software also features application programming interface integrations.
- Jun 2024Seed$1.1M
- Jan 2021Seed$905.6K
#6
Series A · Sofia, Sofia City Province · founded 2011 · 17 employees$6.7Mraised▾
Mobile-based application for job matching. It provides a platform to find job opportunities, upload CV and candidates can chat with employers directly. It enables applicants to manage resumes and cover letters, add anonymity filter, develop profiles, and more. The offering sectors include marketing, IT, sales, finance, HR, and more.
#7
Series A · Sofia, Sofia City Province · founded 2018 · 10 employees$3.2Mraised▾
Developer of AI-powered SaaS platform optimizing renewable energy portfolio management. The platform provides tools for renewable energy participants to actively manage portfolios and make informed decisions. It centralizes renewable portfolio management, bridging the gap between physical assets and electricity markets. The platform offers data management, embedded automation, and security standards. It utilizes proprietary models customized to portfolio parameters and market trends.
- Dec 2023Series A$3.2M
- Jun 2021Seed—
#8
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.
- Sep 2023Seed$1.3M
#9
Seed · Sofia, Sofia City Province · founded 2020 · 14 employees$1.2Mraised▾
Cloud-based platform for benefits administration. The platform offers tools for managing rewards, social benefits, employee engagement, communication, etc. The platform also provides benefits insight. The platform provides multiple benefits such as insurance, wellness & sport, car service, education, etc.
- Nov 2022Seed$1.2M
#10
Seed · Bulgaria · founded 2020 · 8 employees$1.6Mraised▾
AI-based job matching and recruitment platform provider. The features include feedback, employe branding, machine learning-based candidate matching solution, candidate screening, crypto payments, etc. Also provides applicant tracking system.
#11
Seed · Sofia, Sofia City Province · founded 2015 · 15 employees$856.1Kraised▾
Provider of customer experience management and analytics software. It allows users to connect with the customers in real time, resolve customer issues monitor traffic, and collect data from the websites. It enables users to collect clients data, identify users provide insights, and protect users data. Other features include users collecting users real time feedback resolving issues, monitor the networks traffic. It offers a subscription based pricing model. Clients include Pendo, Redbus, Hive, GoodWings, and Motorola.
- Jan 2022Seed$856.1K
- 2017Seed—
#12
Acquired · Sofia, Sofia City Province · founded 2015 · 6 employees$1.3Mraised▾
ClaimCompass helps passengers, whose flights have been delayed, cancelled or overbooked, receive a monetary compensation from the airline amounting from 250 to 600 Euros.
Funding & investor landscape
Notable founders
Common questions
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