Best IT Services Companies in Serbia
The 56 best IT Services companies in Serbia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals.
Serbia's IT Services sector doesn't get nearly enough coverage, so let me fix that: this directory tracks 56 companies operating in the space, ranked by disclosed equity funding and recent funding momentum. Total disclosed funding across the cohort sits at $0, which tells you something real about how early-stage and bootstrapped this market still is.
The global IT services market was valued at roughly $500B in 2021, growing at a CAGR of about 8%, driven by cloud adoption, enterprise digitization, and increasingly tangled connectivity demands. Global names like Accenture, Cognizant, and Wipro (which recently moved to tap debt markets at scale) set the ceiling, but Serbia's scene is a different animal: founder-led, export-oriented, and quietly building. Top names by relative standing include Telegroup, Alas d.o.o., and ASW, with Europa among the most active investors in the region. Privacy regulation and compliance pressure are real structural factors here, and they're pushing local firms to sharpen their delivery practices fast. So if you're sourcing technical partners in Central Europe, this list is where to start.
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Ranked: Best IT Services companies in Serbia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Telegroup Provider of software development, data center, security, and networking services | — | 74 mo ago | Funding Raised | Aleksandar Radivojevic Ceo Adviser | 2001 | WixSentryBootstrap+11 | 1 partnership |
| 2 | ALAS d.o.o. More personal, always | — | — | — | — | 1993 | — | — |
| 3 | ASW Provider of software development, ERP, consulting, and other services | — | — | Unfunded | Nenad Avlijas Founder | 1990 | WebflowSplidecore-js+11 | 3 partnerships |
| 4 | avs solutions AVS Solutions offers software development, data science, and web development. | — | — | — | — | 2010 | — | — |
| 5 | byteout software Byteout Software is a full software service company creating high quality solutions using Drupal and Symfony. | — | — | Private | — | 2009 | WordPressBetterDocsMySQL+22 | — |
| 6 | Code Reflect We build software for SMBs, governments, and enterprises globally. | — | — | — | — | 2020 | — | — |
| 7 | codeit Codeit is an IT service company that offers web, software development, mobile apps, graphic design… | — | — | — | — | 2015 | — | — |
| 8 | Codeus IT family that cares about your business | — | — | — | — | 2017 | — | — |
Top 1 IT Services companies in Serbia
#1
Funding Raised · Belgrade, Belgrade · founded 2001—raised▾
Provider of software development, data center, security, and networking services
Funding & investor landscape
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
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.