When was TeleSoftas founded?

TeleSoftas was founded in 2003.

Where is TeleSoftas located?

TeleSoftas is headquartered in Kaunas, Lithuania.

How many employees does TeleSoftas have?

As of Jul 01, 2024, the latest employee count at TeleSoftas is 267.

Is TeleSoftas a funded company?

TeleSoftas is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does TeleSoftas rank among its competitors?

TeleSoftas ranks 2229th amongst 65613 active competitors, of which 561 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Guidde, which secured $50M in Feb, 2026.

Who are the top competitors of TeleSoftas?

TeleSoftas' top competitors include GirnarSOFT, Hedgehog lab and Unicorn. Among them, Guidde secured the most recent funding round in February, 2026.

TeleSoftas - 2026 Company Profile, Team & Competitors

Company Details

TeleSoftas is a software development company based in Lithuania with other offices in Switzerland, USA and UAE. Provides bespoke software solutions to companies in mobile, big data, FinTech, communications sectors. Clients include AON, Viavi, DeeMe, Westwing, Yellowdog, Jacob & co, Morphean, Hour of the Wolf among others.

Website: telesoftas.com
Social
Email ID: *****@telesoftas.com
Phone Number: +370 **********

Key Metrics

Founded Year

2003

Location

Kaunas, Lithuania

Stage

Acquired

Ranked

2229^th among 65613 active competitors

Employee Count

267 as on Jul 01, 2024

Similar Companies

Unicorn & 15221 more

Exit Details

Acquired by Helmes (Sep 28, 2022)

View TeleSoftas' full profile

TeleSoftas got acquired by Helmes on Sep 28, 2022.

Click here to take a look at TeleSoftas's acquisition in detail

TeleSoftas has not raised any funding rounds yet.

The founders of TeleSoftas is Algirdas Stonys.

Here are the details of TeleSoftas' key team members:

Algirdas Stonys: Founder & CEO of TeleSoftas.
Contact Info: 1 email address

View details of TeleSoftas's Founder profiles and Board Members

TeleSoftas' employee count trend

TeleSoftas has 267 employees as of Jul 24. Here is TeleSoftas's employee count trend over the years:

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Top competitors of TeleSoftas include GirnarSOFT, Hedgehog lab and Unicorn. Here is the list of Top 10 competitors of TeleSoftas, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GirnarSOFT 2007, Jaipur (India), Series E	Provider of website, web & mobile application development, BI, and digital marketing services	$620M	Peak XV Partners, Hillhouse & 40 others	77/100
2nd	Hedgehog lab 2007, Newcastle Upon Tyne (United Kingdom), Series A	Provider of mobile application development and UX design services	$9.49M	Maven Capital Partners, BGF & 1 others	64/100
3rd	Unicorn 1990, Prague (Czech Republic), Acquired	Provider of software development services	$12M	Bank of America, iAngels & 3 others	63/100
4th	Dye & Durham Corp. 1874, New Westminster (Canada), Public	Provider of cloud-based legal practice management and fintech software	$25M	-	63/100
5th	Digia 2005, Helsinki (Finland), Public	Software development service provider	-	Investor Growth Capital	63/100
6th	Kontron 1959, Ismaning (Germany), Public	Developer of embedded computing platforms	$34.6M	Warburg Pincus, BC Partners & 3 others	60/100
7th	Guidde 2020, Belmont (United States), Series B	Cloud-based platform for knowledge management	$80.6M	Norwest, Qualcomm Ventures & 10 others	60/100
8th	Opencast Software 2012, Newcastle Upon Tyne (United Kingdom), Unfunded	Software development, technology consultancy and staff augmentation services	-	-	59/100
9th	AKQA 1994, Riyadh (Saudi Arabia), Acquired	Provider of digital marketing and creative services	$8.74M	Preserve Capital Group, H-FARM	59/100
10th	SUPER STUDIO 2014, Meguro City (Japan), Series A	Provider of software development and UI design services	$11.7M	MUFG Innovation Partners, 31VENTURES & 4 others	59/100
2229th	TeleSoftas 2003, Kaunas (Lithuania), Acquired	Software development company in Lithuania	-	-	33/100