About IT Services sector in Prague, Czech Republic
Companies included in IT Services
Companies providing IT outsourcing services for software application development, software testing, big data, networking, security, virtualization, IT operations, data center, cloud, storage, hosting. Also includes companies distributing or reselling IT infrastructure equipmentCompanies excluded in IT Services
Companies providing services related to management/strategy consulting, AR/VR consulting, and Enterprise services such as HR, Marketing, Legal, Telecom, BPO etcTop IT Services Companies in Prague, Czech Republic
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of software development services | Prague (Czech Republic) | 1990 | Acquired | $12M | |
Services related to the development of custom software for enterprises | Prague (Czech Republic) | 1993 | Unfunded | - | |
Managed IoT, Cloud and data center services providers | Prague (Czech Republic) | 1963 | Acquired | - | |
Mobile app studio developing apps to assist users with sleep | Prague (Czech Republic) | 2010 | Unfunded | - | |
Provides IT services suite solutions | Prague (Czech Republic) | 2006 | Unfunded | - |
Companies founded year-on-year in the IT Services sector in Prague
31 IT Services startups in Prague were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 4 |
2023 | 9 |
2022 | 6 |
2021 | 8 |
2020 | 15 |
2019 | 23 |
2018 | 31 |
2017 | 25 |
Stage-wise distribution of IT Services sector companies in Prague
Out of the total 353 IT Services companies in Prague, 28 have secured funding. Among them, 14 have reached Series A or higher, and 14 to Series B or beyond.
Company Stage | No. of companies |
|---|---|
Founded | 353 |
Funded | 28 |
Series A+ | 14 |
Series B+ | 14 |
Series C+ | 14 |
Funding Trends in the IT Services sector in Prague
Total funding year-on-year in the IT Services sector in Prague
The IT Services sector in Prague saw a total funding of more than $18.6M in the last 10 years. The most amount of funding was in 2021 at more than $10.5M.
- Total Funding
Year | Total Funding |
|---|---|
2024 | $2.05M |
2023 | $1.05M |
2021 | $10.5M |
2020 | $2.95M |
2019 | $55.4K |
2018 | $211K |
2017 | $1.6M |
Recent Funding Rounds in IT Services in Prague
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 8592 | Mar 09, 2023 | ||
Seed | 2289 | Feb 17, 2021 | ||
Seed | 5150 | Oct 10, 2020 | - | |
Seed | 3875 | Aug 19, 2020 | and 4 more | |
PE | 8652 | Jun 21, 2020 |
Top Investors in IT Services in Prague
Investor | Location | Top Portfolio Companies |
|---|---|---|
San Francisco (United States) | - | |
Bratislava (Slovakia) | ||
London (United Kingdom) | - | |
Prague (Czech Republic) | ||
Prague (Czech Republic) |
M&A activity in IT Services sector in Prague
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Mar 05, 2025 | ||
Business Acquisition | May 22, 2024 | ||
Business Acquisition | Sep 19, 2022 | ||
Business Acquisition | Oct 20, 2021 | ||
Business Acquisition | May 04, 2021 |
Acquisition trends in IT Services sector in Prague
Here are the acquisition trends in IT Services sector in Prague:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | 1 |
2023 | - |
2022 | 1 |
2021 | 2 |
2020 | 1 |
2019 | 3 |
2018 | 2 |
2017 | - |
Colleges which produce the most IT Services companies in Prague
Companies founded by alumni from top colleges in the IT Services in Prague
Most number of IT Services startups in Prague have been founded by alumni from Imperial College London, Tel Aviv University and University of Cambridge.
College | No. of companies |
|---|---|
Imperial College London | 2 |
Tel Aviv University | 1 |
University of Cambridge | 1 |
University of Edinburgh | 1 |
Total funding in IT Services companies founded by alumni from top colleges in Prague
In the last 10 years, Imperial College London, Tel Aviv University and University of Cambridge graduates' IT Services companies in Prague have raised the most funding among top colleges.
College | Total Funding |
|---|---|
Imperial College London | $12M |
Tel Aviv University | $12M |
University of Cambridge | $12M |
University of Edinburgh | - |