34 Best Startups in Bulgaria to Watch in 2025

The Definitive Seedtable Ranking of Startups in Bulgaria

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 34 start-ups with an aggregate funding of $1.1b. The average funding per company in this subset is $31.7m.

Last update to the database: Feb 18, 2025. See changelog.

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9

Funding Rounds

$359.9m

Money raised

Payhawk is a provider of a financial system that combines credit cards, payments, and expenses into one experience.

Industries:

Location:

Key people:

2

Funding Rounds

$15.6m

Money raised

Iris.ai is a Stabekk-headquartered artificial intelligence company developing tools and applications allowing users to research open-access research papers.

6

Funding Rounds

$238.9m

Money raised

HyperScience is a AI enabled company for office work company founded in 2014 by Peter Brodsky, Krasimir Marinov and Vladimir Tzankov.

7

Funding Rounds

$280.3m

Money raised

Gtmhub is a cloud-based strategy execution platform that builds OKR software for enterprises and not-for-profits.

Location:

Key people:

1

Funding Rounds

$12.5m

Money raised

Clinical Research & Services

1

Funding Rounds

$32.0k

Money raised

Wonder Swamp is a marketing studio founded by Kalin Iliev.

1

Funding Rounds

$1.1m

Money raised

Columbo is an HealthCare Company founded in 2021.

1

Funding Rounds

JellySwap enables peer to peer trades across different blockchains.

2

Funding Rounds

$62.6m

Money raised

A company that develops and manufactures dental implant products

1

Funding Rounds

$128.8k

Money raised

Eventyard is a platform that allows users to discover upcoming events

2

Funding Rounds

$13.0m

Money raised

EnduroSat is a Sofia-based designer and developer of spacecraft, including nanosats and cubesats, for business applications and space exploration missions.

Location:

1

Funding Rounds

$50.0k

Money raised

Image Recognition PaaS offering Image Tagging APIs for developers and businesses to build scalable, image-heavy cloud applications.

Location:

Key people:

4

Funding Rounds

$2.6m

Money raised

Discover and fix bug risks, anti-patterns, performance issues, and security flaws before they land in production.

Key people:

1

Funding Rounds

$169.2k

Money raised

Sensika is a Sofia-based company founded in 2012.

3

Funding Rounds

$23.0m

Money raised

Global Payroll Contol Platform - Fueling Growth Efficiency for Global Businesses

1

Funding Rounds

$31.5k

Money raised

Application providing a single access point for managing data security across PCs, smartphones, tablets, and clouds.

1

Funding Rounds

$261.6k

Money raised

Software-defined block storage for public and private cloud builders, enterprises, MSPs, and hosting providers.

Location:

Key people:

2

Funding Rounds

$39.0m

Money raised

Ampeco is a white-label EV charging management platform founded in 2018 by Stefan Ivanov , Orlin RadEV and Alexander Alexiev .

Location:

Key people:

4

Funding Rounds

$19.4m

Money raised

Altilium is a critical metals supplier for EV batteries founded in 2020 by Christian Marston.

Location:

Key people:

1

Funding Rounds

$32.0k

Money raised

NumberPicture is a Sofia-based company founded in 2010 by Finn Fitzsimons.

1

Funding Rounds

$64.7k

Money raised

La Koketa is a Sofia-based company founded by Gergana Krusteva.

1

Funding Rounds

$1.0m

Money raised

CourseDot is a marketplace for online IT training courses founded in 2015 by Georgi 'Johny' Ganchev.

Location:

Key people:

1

Funding Rounds

$66.0k

Money raised

Sponsia is a Sofia Province-based company founded by Teodosy Teodosiev.

1

Funding Rounds

$389.8k

Money raised

Company

Location:

2

Funding Rounds

$154.0k

Money raised

Humans in the Loop provides model training and validation services for Machine Learning.

1

Funding Rounds

$32.0k

Money raised

Kanbanize is enterprise-ready Kanban software for agile project, product, and portfolio management.

1

Funding Rounds

$100.0k

Money raised

weiDex is a Sofia-based company founded in 2018 by Tito Titov.

Location:

Key people:

1

Funding Rounds

$32.0k

Money raised

Divesquare is a Sofia-based company.

1

Funding Rounds

$45.1k

Money raised

Farmhopping is a Sofia Province-based company founded in 2012.

Location:

1

Funding Rounds

$173.7k

Money raised

Transmetrics is a company founded in 2013.

1

Funding Rounds

$2.7m

Money raised

Order tracking and notification platform that boosts store revenue and reduces support costs after purchases.

1

Funding Rounds

$32.0k

Money raised

Developer of online casino and social games based in Bulgaria.

Location:

1

Funding Rounds

$790.0k

Money raised

AI-powered energy management platform.

Location:

Key people:

1

Funding Rounds

$2.1m

Money raised

Google Cloud and workspace solutions provider for businesses.

Location:

Key people:

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