Radar Companies IT Services · Bulgaria
Radar · IT Services in Bulgaria

Best IT Services Companies in Bulgaria

The 73 best IT Services companies in Bulgaria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: CETIN.

73companies tracked
$544.9Mdisclosed funding
0unicorns
1have raised
Sources & further reading
  • Cloud economy cools, but IT services deals continue
  • IT Services Market: Industry Trends, Size, Share

Ranked: Best IT Services companies in Bulgaria

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1CETIN
Provider of data and security management, and IT services
$545M29 mo agoSeed2015LiferayJavaBootstrap+9
2TBS
Provider of IT managed services
36 mo agoPublicLubomir Minchev
Co-Founder
2001WordPress Block EditorWordPressApple iCloud Mail+321 partnership · 1 award
3LIREX
Provider of VAPT and security training services
42 mo agoFunding RaisedD Ilieva
CEO
1991WordPressMySQLPHP+202 launchs
4Melon
Software development services
49 mo agoAcquiredKrum Hadjigeorgiev
CEO
2003
5Abstarc
Abstarc Web Development & Marketing Agency
2018
6Air Designs
Building 3x faster and 5x better digital products
Unfunded2013
7Ammuse
App design & development studio
2013
8App Streams Ltd
Your all-in-one IT partner
2018

Top 4 IT 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
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 — 19.1% 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
#3
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 — 7.3% of this cohort's audience
Activity: 2 product launches announced in 12 mo
Founders & team
D IlievaCEO
Investors
Europa
#4
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

Funding & investor landscape

$544.9Mtotal disclosed funding
1companies funded
3disclosed rounds
0rounds last 90 days
Most active investors
Europa3 rounds
CEECAT Capital1 rounds
GIC1 rounds
Utilico Emerging Markets Trust1 rounds
Vitosha Venture Partners1 rounds

Notable founders

Lubomir Minchev
Co-Founder · TBS
Ivan Zhitiyanov
CEO · TBS
D Ilieva
CEO · LIREX
Krum Hadjigeorgiev
CEO · Melon
Prism market signals · Bulgaria · country-scoped Prism corpus, 506,790 docs

Market landscape — 10 sub-themes by coverage

Share of IT Services coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many IT Services companies are there in Bulgaria?
Radar tracks 73 indexable IT Services companies headquartered in Bulgaria that meet our profile-completeness bar.
What is the total funding raised by IT Services companies in Bulgaria?
The IT Services companies in Bulgaria on this list have raised a combined $544.9M in disclosed equity funding across 1 funded companies.
Which is the highest-funded IT Services company in Bulgaria?
CETIN is the highest-funded IT Services company in Bulgaria, with $544.9M in disclosed equity funding.
How many IT Services companies in Bulgaria are funded?
1 of the 73 IT Services companies in Bulgaria on this list have disclosed at least one equity funding round.
How many IT Services unicorns are there in Bulgaria?
None of the IT Services companies in Bulgaria on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Bulgaria IT Services companies?
The most active investors in Bulgaria IT Services companies on this list include Europa, CEECAT Capital, GIC, Utilico Emerging Markets Trust, Vitosha Venture Partners.
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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