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IT Services Sector in Romania

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About IT Services sector in Romania

The IT Services sector in Romania comprises 1.27K companies, including 64 funded companies having collectively raised $105M in venture capital money and private equity. Out of these, 51 are Series A+ funded.
IT Services sector in Romania has seen 35 acquisitions and 16 IPOs.
This sector includes physical consulting teams, technical field technicians, and hardware deployment engineers providing manual setup, physical server installation, cabling, and localized hardware maintenance for enterprises.
IT Services sector is also known as IT Engineering Services or Technology 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 equipment. Companies providing services related to management/strategy consulting, AR/VR consulting, and Enterprise services such as HR, Marketing, Legal, Telecom, BPO etc are excluded.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Acquisitions
Also known as
IT Engineering Services or Technology Services

Top IT Services Companies in Romania

There are 1,271 IT Services startups in Romania which include Veridion, AROBS, REEA, Smart ID, Fortech. Out of these, 64 startups are funded, with 51 having secured Series A+ funding.
2026 has seen the creation of 11 IT Services startups in Romania. Over the past 10 years, an average of 51 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Massachusetts Institute of Technology and University of Pennsylvania.

Here is the list of top IT Services startups in Romania

Key facts about Veridion

Developer of custom software and provider of IT outsourcing services. The company delivers software development solutions and products across various industries. These industries include automotive, aerospace, marine, travel, and life sciences. The company offers capabilities in embedded systems, cybersecurity, and quality assurance. It also provides research and development services to improve existing products.

Key facts about AROBS

  • Founded Year: 1998
  • Location: Cluj napoca (Romania)
  • Stage: Public
  • Investors: EBRD and Agista
  • Latest Funding Round: Post IPO, Jul 16, 2024, $*****
  • Tracxn Score: 45/100 What is this?
  • Competitors Rank: 660 of 153,941 Competitors

3. REEA

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REEA is a digital agency offering tailored software & web development services to enterprises. Offers a range of services including web development, application development, game creation, 3D animation, graphic design, online communication, etc. Clients include WWF, TripAdvisor, BBC Group, and RadicalFM, among others.

Key facts about REEA

  • Founded Year: 2010
  • Location: Targu Mures (Romania)
  • Stage: Unfunded
  • Tracxn Score: 41/100 What is this?
  • Competitors Rank: 239 of 80,517 Competitors

Key facts about Smart ID

  • Founded Year: 2010
  • Location: Bucharest (Romania)
  • Stage: Acquired
  • Tracxn Score: 41/100 What is this?
  • Competitors Rank: 1221 of 169,246 Competitors
Fortech provides services related to application development. These include web-based applications, MVPs, mobile applications, implementation of DevOps, QA & Testing, and IoT-based applications. Some of the technologies with which it works include Java, .NET, C++, Xamarin and PHP. The company claims to have 140 clients spread across the world, which include T-Systems, Symantec, Pfizer Vienna eMarketing, Swisscom, and Renault Technocenter.

Key facts about Fortech

  • Founded Year: 2003
  • Location: Cluj napoca (Romania)
  • Stage: Acquired
  • Tracxn Score: 39/100 What is this?
  • Competitors Rank: 390 of 80,517 Competitors

Companies founded year-on-year in the IT Services sector in Romania

11 new startups have been founded so far in 2026 in the IT Services sector in Romania. 116 IT Services startups in Romania were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.

Companies founded year-on-year in the IT Services sector in Romania2026202520242023202220212020201920182017Founded Year0255075100125Count of Number of Companies
  • Total Number of Companies
Year
No. of companies
2026
11
2025
-
2024
3
2023
13
2022
37
2021
51
2020
112
2019
116
2018
85
2017
88

Stage-wise distribution of IT Services sector companies in Romania

Out of the total 1,271 IT Services companies in Romania, 64 have secured funding. Among them, 51 have reached Series A or higher, and 51 to Series B or beyond.

Founded - 1,271
Funded - 64
Series A+ - 51
Series B+ - 51
Series C+ - 51
Company Stage
No. of companies
Founded
1,271
Funded
64
Series A+
51
Series B+
51
Series C+
51
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Top Investors in IT Services in Romania

Agista is the top investor in IT Services companies in Romania based on number of companies invested.
Here are some top investors in IT Services companies in Romania:
See a more detailed list of investors

M&A activity in IT Services sector in Romania

In the year 2026, till June 2026, 2 acquisitions happened in IT Services sector in Romania.
Here are some recent, important acquisitions in IT Services sector in Romania:
Company
Acquisition Type
Acquisition Date
Acquirers
Business Acquisition
Jun 05, 2026
Business Acquisition
Feb 12, 2026
Business Acquisition
Jun 21, 2024
Business Acquisition
Feb 27, 2024
Business Acquisition
Jan 09, 2024
See a more detailed list of acquisitions

Acquisition trends in IT Services sector in Romania

Here are the acquisition trends in IT Services sector in Romania:

Acquisition trends in IT Services sector in Romania2026202520242023202220212020201920182017Acquisition Round Date (Yearly)03691215Number of Acquisitions
  • Total Number of Acquisitions
Year
No. of companies
2026
2
2025
-
2024
3
2023
5
2022
12
2021
6
2020
3
2019
1
2018
2
2017
1

IPOs in IT Services in Romania

In the year 2021, till December 2021, 1 IPO happened in IT Services sector in Romania.
Here are some recent, important IPOs in IT Services sector in Romania:
Company
IPO Date
Exchange Symbol
Dec 06, 2021
Bucharest Stock Exchange (BVB)
See a more detailed list of IPOs

Top News in IT Services in Romania

View all Top News for IT Services companies in Romania

FAQs about IT Services sector in Romania

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