When was Software Group founded?

Software Group was founded in 2009 and raised its 1st funding round 7 years after it was founded.

Where is Software Group located?

Software Group is headquartered in Sofia, Bulgaria. It is registered at S.F. No. 278/3A1, 278/3A2 & 278/9A, Rajiv Gandhi Salai, OMR, Kottivakkam, S, holinganal, Chennai, CHENNAI, Tamil Nadu, India, 600041.

Who is the current CEO of Software Group?

Kalin Radev of Software Group. They have also founded 1 company.

How many employees does Software Group have?

As of Sep 30, 2026, the latest employee count at Software Group is 280.

Is Software Group a funded company?

Software Group is a funded company, having raised a total of $8.58M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 06, 2016.

When was the latest funding round of Software Group?

Software Group's latest funding was a $***** Post IPO round on Dec 29, 2023, with participation from 2 investors.

What is the annual revenue of Software Group?

Annual revenue of Software Group is less than ₹10 Cr as on Mar 31, 2025

Where does Software Group rank among its competitors?

Software Group ranks 12th amongst 195 active competitors, of which 21 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Tyfone, which secured an undisclosed amount in Aug, 2026.

Who are the top competitors of Software Group?

Software Group's top competitors include Tyfone, Asseco and Amount. Among them, Tyfone secured the most recent funding round in August, 2026.

Software Group - 2026 Company Profile, Team, Funding, Competitors & Financials

Software Group is a public company based in Sofia (Bulgaria), founded in 2009 by Kalin Radev. It operates as a Provider of a delivery channel and integration solutions for financial institutions. Software Group has raised $8.58M in funding from investors like Postscriptum Ventures, BlackPeak Capital and BrightCap Ventures. The company has 195 active competitors, including 21 funded and 25 that have exited. Its top competitors include companies like Tyfone, Asseco and Amount.

Company Details

Provider of a delivery channel and integration solutions for financial institutions. The company provides banks with solutions that help them with digitizing processes including remote account opening, loan origination, and payment switching. The company also provides solutions for telecom companies, credit unions, MFIs, Fintech Companies, and Saving Groups, among others.

Website: www.softwaregroup.com
Social
Email ID: *****@softwaregroup.com
Phone Number: +359 **********
Registered Address: S.F. No. 278/3A1, 278/3A2 & 278/9A, Rajiv Gandhi Salai, OMR, Kottivakkam, S, holinganal, Chennai, CHENNAI, Tamil Nadu, India, 600041

Key Metrics

Founded Year

2009

Location

Sofia, Bulgaria

Stage

Public

Total Funding

$8.58M in 3 rounds

Latest Funding Round

Post IPO, Dec 29, 2023, $*****

Investors

Postscriptum Ventures & 3 more

Ranked

12^th among 195 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

280 as on Sep 30, 2026

Similar Companies

Tyfone & 228 more

Exit Details

Public

View Software Group's full profile

Software Group is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Software Group Inc CIN: 1471507 , United States, Active		$1 - $1M (As on Sep 14, 2009)	26 (As on Dec 31, 2024)	-
SWG SOLUTIONS INDIA PRIVATE LIMITED CIN: U74999TN2017FTC116747 , India, Active	May 25, 2017	0 - ₹10 Cr (As on Mar 31, 2025)	15 (As on Sep 30, 2023)

Software Group got listed on Aug 21, 2020.

Click here to take a look at Software Group's IPO in detail

Software Group has raised a total funding of $8.58M over 3 rounds. Its first funding round was on Jul 06, 2016. Its latest funding round was a Post IPO round on Dec 29, 2023 for $*****. 2 investors participated in its latest round. Software Group has 4 institutional investors.

Here is the list of recent funding rounds of Software Group:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 29, 2023	2911280	Post IPO	8970331	5285860	5967454	9245175
Sep 13, 2018	7740352	Series A	9922949	1684202	2434048	6082729
Jul 06, 2016	2330916	Series A	9152882	6630044	BlackPeak Capital & 1 more	3296737

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View details of Software Group's funding rounds and investors

The founders of Software Group is Kalin Radev. Kalin Radev is the CEO of Software Group.

Here are the details of Software Group's key team members:

Kalin Radev: Founder & CEO of Software Group.
Contact Info: 1 email address

View details of Software Group's Founder profiles and Board Members

Software Group's employee count trend

Software Group has 280 employees as of Sep 26. Here is Software Group's employee count trend over the years:

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Top competitors of Software Group include Tyfone, Asseco and Amount. Here is the list of Top 10 competitors of Software Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tyfone 2004, Portland (United States), Series D	Omni-channel banking solutions	$38.3M	HDFC Mutual Fund, Demopolis Equity Partners ... & 9 others	68/100
2nd	Asseco 1987, Rzeszow (Poland), Public	Provider of an omnichannel banking solutions	-	venture CAPITAL funding, FMC & 3 others	62/100
3rd	Amount 2014, Chicago (United States), Acquired	Omnichannel Banking solutions for banks and lenders	$252M	QED Investors, WestCap & 18 others	61/100
4th	Narmi 2016, New York City (United States), Series B	Provider of omnichannel banking solutions for banks and credit unions	$57.3M	New Enterprise Associates, Picus Capital & 7 others	58/100
5th	Senrysa Technologies 2011, Kolkata (India), Seed	Provider of technology solutions for banking, financial, and enterprise sectors	$1.82M	Prosperitas, Gala Finance & 29 others	56/100
6th	i-exceed 2011, Bengaluru (India), Funding Raised	Developer of digital banking platform offering solutions for financial institutions	-	-	54/100
7th	Technisys 1995, Buenos Aires (Argentina), Acquired	Cloud-based omni-channel banking channel	$83.7M	Riverwood Capital, Kaszek & 10 others	54/100
8th	Bankingly 2015, Montevideo (Uruguay), Series A	Provider of cloud-based omnichannel banking solutions	$18.8M	Oikocredit, Dalus Capital & 14 others	54/100
9th	Mahalo Banking 2017, Chelsea (United States), Series B	Provider of omnichannel banking solution	$20M	Dover Federal Credit Union, Park Community Credit Union ... & 1 others	54/100
10th	Plumery 2020, Amsterdam (Netherlands), Seed	API-enabled omnichannel banking solution for banks and financial institutions	$7.8M	QED Investors, Better Tomorrow Ventures & 8 others	53/100
12th	Software Group 2009, Sofia (Bulgaria), Public	Provider of a delivery channel and integration solutions for financial institutions	$8.58M	BrightCap Ventures, BlackPeak Capital & 2 others	49/100