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66 Fastest Growing Startups Founded in Bulgaria

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In terms of entrepreneurship and business, Bulgaria has evolved into one of the top emerging countries in the world.

Hundreds of startup companies have been founded there in the last years, many of which are enjoying incredible success.

We've compiled a list with the 66 most successful ones.


66 Startups in Bulgaria

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1) Nasekomo

1) Nasekomo

By employing bioconverting insects to produce animal feeds from organic waste, Nasekomo is transforming the human food chain.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $5,735,943

You can find their website here.

2) Parity

2) Parity

Entrepreneurial learning platform and community

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $4,711,698

You can find their website here.

3) Software Group

3) Software Group

Software Group is a multinational technology business that specializes in digital banking and financial integration solutions.

Details of the startup:

  • City: Sofia
  • Started in: 2009
  • Founders: Geraldine O'Keeffe, Kalin Radev
  • Industries: Banking, Financial Services, FinTech, Software
  • Number of employees: 251-500
  • Funding amount: € 26,000,000
  • Number of funding rounds: 4
  • Number of investors: 5

You can find their website here.

4) Transmetrics

4) Transmetrics

Transmetrics uses predictive analytics and artificial intelligence to optimize logistics planning and asset management.

Details of the startup:

  • City: Sofia
  • Started in: 2013
  • Founders: Alexander Petkov, Anna Shaposhnikova, Asparuh Koev, Rado Nikolov
  • Industries: Analytics, Artificial Intelligence, B2B, Business Intelligence, Logistics, Machine Learning, Predictive Analytics, SaaS, Shipping, Transportation
  • Number of employees: 11-50
  • Funding amount: € 4,820,000
  • Number of funding rounds: 9
  • Number of investors: 2

You can find their website here.

5) phyre

5) phyre

phyre is a wallet replacement that allows you to shop at any contactless POS or online, use your loyalty cards, send and receive money, and buy foreign currency all from your phone.

Details of the startup:

  • City: Sofia
  • Number of employees: 51-100
  • Funding amount: $13,848,733

You can find their website here.

6) A4Everyone

6) A4Everyone

A4Everyone provides low-cost analytical solutions that boost the efficiency of small and medium-sized organizations.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $1,083,992

You can find their website here.

7) Metrilo

7) Metrilo

eCommerce stores benefit from customer analytics and intelligent marketing.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $1,097,061

You can find their website here.

8) EnduroSat

8) EnduroSat

EnduroSat is a spacecraft design and engineering company that specializes on commercial and space exploration missions.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $1,271,140

You can find their website here.

9) Vayant Travel Technologies

9) Vayant Travel Technologies

Vayant offers airfare search services to the international travel industry.

Details of the startup:

  • City: Sofia
  • Number of employees: 101-250
  • Funding amount: $3,000,000

You can find their website here.

10) DRONAMICS

10) DRONAMICS

DRONAMICS is a company that creates unmanned aircraft systems for commercial and special cargo transport.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $223,832

You can find their website here.

11) Enhancv

11) Enhancv

Enhancv is a website that allows you to create your own resume.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $241,232

You can find their website here.

12) Cash Credit

12) Cash Credit

A technological finance organization that collaborates with mobile network operators around the world to provide unbanked people with competitive financial services.

Details of the startup:

  • City: Sofia
  • Number of employees: 101-250
  • Funding amount: $25,000,000

You can find their website here.

13) Biodit Global Technology

13) Biodit Global Technology

Biodit Global Technology is a technology firm specializing in the creation of cutting-edge biometric security solutions.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $1,992,860

You can find their website here.

14) BioSeek

14) BioSeek

BioSeek collects life-science data from a variety of sources, including NCBI, UniProt, and KEGG, and makes it conveniently accessible in one place.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $740,742

You can find their website here.

15) MammothDB

15) MammothDB

MammothDB is a distributed, parallel, shared-nothing, SQL-compatible database for large data analytics and enterprise data warehousing.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $1,800,000

You can find their website here.

16) ProsFit

16) ProsFit

Building the capacity to serve the growing number of amputees is a major motivation for the ProsFit team.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $4,552,293

You can find their website here.

17) 365 Data Science

17) 365 Data Science

For aspiring business intelligence analysts, data analysts, and data scientists, this is an instructional career website.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $100,000

You can find their website here.

18) AYO

18) AYO

Ayo is a light-based, energy-boosting wearable that helps you combat jet lag, sleep better, and have more energy!

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $367,638

You can find their website here.

19) Appzio

19) Appzio

Appzio is a platform that facilitates developing native Android and iOS apps much faster and cheaper.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $694,360

You can find their website here.

20) LegalTrek

20) LegalTrek

LegalTrek is a small-to-medium law firm practice management system.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $503,975

You can find their website here.

21) I Rise Mechanics

21) I Rise Mechanics

High-tech firm that designs and manufactures robotic mobility devices for people with limitations of the lower limbs.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $360,050

You can find their website here.

22) eBag

22) eBag

eBag.bg is a supermarket that operates online.

Details of the startup:

  • City: Sofia
  • Funding amount: $744,737

You can find their website here.

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23) NitroPack

23) NitroPack

NitroPack is a full speed optimization service that automatically speeds up webpages.

Details of the startup:

  • City: Sofia
  • Funding amount: $225,943

You can find their website here.

24) QuarkVR

24) QuarkVR

Quark VR is a cutting-edge VR and AR compression and streaming system. On the edge, we offer Immersive Computing.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $211,222

You can find their website here.

25) Melissa Climate

25) Melissa Climate

By upgrading your old appliances with smart technologies, MClimate makes your home smarter. With the app, you can keep an eye on and control your house.

Details of the startup:

  • City: Sofia
  • Number of employees: 501-1000
  • Funding amount: $693,739

You can find their website here.

26) CourseDot

26) CourseDot

CourseDot is a website that sells IT training courses online.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $444,953

You can find their website here.

27) BGMENU

27) BGMENU

BGMENU is an online food ordering and delivery network with over 250 restaurants in Bulgaria, and the number is growing every day.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $274,798

You can find their website here.

28) Coherent-Labs

28) Coherent-Labs

Coherent UI, a Coherant Labs product, makes it easier for game developers without any programming experience to create user interfaces.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $613,700

You can find their website here.

29) Oliver Wicks

29) Oliver Wicks

Oliver Wicks is an online retailer that specializes in personalized men's clothing.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $262,848

You can find their website here.

30) Puzl

30) Puzl

Central and Eastern Europe's top IT coworking space.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $1,660,000

You can find their website here.

31) Escreo

31) Escreo

Create a collaborative whiteboard area out of any flat surface.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $130,032

You can find their website here.

32) iGreet

32) iGreet

Cards with augmented reality.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $109,268

You can find their website here.

33) MyEducationClub

33) MyEducationClub

A social media platform powered by artificial intelligence where users may share their skills and expertise.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $55,248

You can find their website here.

34) Playground Energy

34) Playground Energy

Playground Energy creates new ways to make children's outdoor games more enjoyable, instructive, and useful.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $520,834

You can find their website here.

35) Damocles Analytics

35) Damocles Analytics

Political Insights Artificial Intelligence Platform

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $58,422

You can find their website here.

36) COPRIX media

36) COPRIX media

Coprix Media creates educational apps that allow children to take an active role in their education.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $462,201

You can find their website here.

37) CoKitchen

37) CoKitchen

CoKitchen is a chef-friendly co-working facility where good food is created by independent cooks using locally sourced products.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $27,317

You can find their website here.

38) B EYE

38) B EYE

B EYE is a leading provider of cutting-edge BI and planning tools and applications.

Details of the startup:

  • City: Sofia
  • Number of employees: 51-100
  • Funding amount: $25,000

You can find their website here.

39) Adormo

39) Adormo

Adormo makes it simple to handle multiple vacation rental websites, such as Airbnb.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $128,508

You can find their website here.

40) Comac Medical

40) Comac Medical

Comac Medical specializes in providing high-quality, non-traditional solutions for unmet pharmaceutical industry demands.

Details of the startup:

  • City: Sofia
  • Number of employees: 251-500
  • Funding amount: $56,511

You can find their website here.

41) Domestina

41) Domestina

Domestina is a VC-backed, fast-growing startup that provides housemaid services in a unique and forward-thinking approach.

Details of the startup:

  • City: Sofia
  • Funding amount: $219,739

You can find their website here.

42) Golden Pages

42) Golden Pages

Golden Pages is Bulgaria's most popular directory for professional services and merchandise.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $190,376

You can find their website here.

43) MedLease

43) MedLease

MedLease is an unique financial service that allows you to pay your fees directly to doctors and hospitals.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $680,246

You can find their website here.

44) Rebellious Software

44) Rebellious Software

A software development firm specializing in games that require thought.

Details of the startup:

  • City: Sofia
  • Funding amount: $283,538

You can find their website here.

45) Viblast

45) Viblast

Viblast is a last-mile delivery, stream quality, and playback pioneer in the online video market.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $264,784

You can find their website here.

46) Havelock

46) Havelock

Havelock has production management software installed and ready to use.

Details of the startup:

  • City: Sofia
  • Funding amount: $56,485

You can find their website here.

47) Yatrus Analytics

47) Yatrus Analytics

Clients can use the Yatrus Analytics Platform in their decision-making processes thanks to Yatrus Analytics' software technology.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $100,000

You can find their website here.

48) Jumpido

48) Jumpido

Jumpido offers a variety of instructional games for children in grades 6 through 12.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $384,384

You can find their website here.

49) Fliiby

49) Fliiby

Fliiby is a monetization and publishing platform for digital content created by and for creatives.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $219,309

You can find their website here.

50) CM2W

50) CM2W

The ability to remotely monitor and control a wide range of hardware equipment is provided by CM2W.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50
  • Funding amount: $275,176

You can find their website here.

51) SafeConnect

51) SafeConnect

SafeConnect facilitates virtual interlining for online travel agents, airlines, and insurance organizations.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $6,800

You can find their website here.

52) Credissimo

52) Credissimo

Credissimo is an online financial startup that offers rapid personal loans and bill payment services through patented technologies.

Details of the startup:

  • City: Sofia
  • Number of employees: 101-250

You can find their website here.

53) Tourvia

53) Tourvia

TourVia.me is an escorted tours marketplace.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $121,266

You can find their website here.

54) MAXCART

54) MAXCART

MAXCART has everything you'll need to establish and maintain an internet business.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $56,539

You can find their website here.

55) Collectim

55) Collectim

Collectim is the quickest and most efficient way to generate donations for your problem, cause, or project. It uses the power of the crowd to help people achieve their personal goals.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $100,000

You can find their website here.

56) Crypto APIs

56) Crypto APIs

Crypto APIs are a layer of infrastructure that enables development teams to construct Blockchain and cryptocurrency products more quickly.

Details of the startup:

  • City: Sofia
  • Number of employees: 11-50

You can find their website here.

57) Fadata

57) Fadata

INSIS, Fadata's insurance process platform, is a sophisticated and all-encompassing insurance system that can be used across all major lines of business.

Details of the startup:

  • City: Sofia
  • Number of employees: 501-1000

You can find their website here.

58) Pivoteka

58) Pivoteka

Pivoteka is a craft beer distribution and marketing start-up.

Details of the startup:

  • City: Sofia
  • Funding amount: $26,571

You can find their website here.

59) Althemy

59) Althemy

Alternative subcultures and lifestyles have their own marketplace and community on Althemy.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $116,799

You can find their website here.

60) SessionStack

60) SessionStack

Support staff can use interactive co-browsing, session replay, reporting, and analytics tools.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10

You can find their website here.

61) Arthesis Covers

61) Arthesis Covers

Leg prosthesis can now be dressed up with Arthesis Covers.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $67,143

You can find their website here.

62) ScaleFocus

62) ScaleFocus

ScaleFocus is a provider of IT solutions in Europe.

Details of the startup:

  • City: Sofia
  • Number of employees: 501-1000

You can find their website here.

63) KBLE

63) KBLE

KBLE is an online platform that allows users to search, browse, share, and explore digital material in a unique way.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10
  • Funding amount: $39,488

You can find their website here.

64) Microweber

64) Microweber

Microweber is an open source content management system (CMS) that uses drag-and-drop technologies to create webpages.

Details of the startup:

  • City: Sofia
  • Number of employees: 1-10

You can find their website here.

65) Opencode

65) Opencode

Opencode Technology is a telecommunications solution provider specializing on open mobile network systems.

Details of the startup:

  • City: Sofia
  • Number of employees: 51-100

You can find their website here.

66) Fibank

66) Fibank

Fibank First Investment Bank is a Sofia City-registered public limited business.

Details of the startup:

  • City: Sofia
  • Number of employees: 1001-5000

You can find their website here.

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