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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 1.2K companies, including 62 funded companies having collectively raised $105M in venture capital money and private equity. Out of these, 41 are Series A+ funded.
IT Services sector in Romania has seen 33 acquisitions and 8 IPOs.
This sector includes services for design, development, installation, management and maintenance of IT infrastructure and software applications for enterprises.
IT Services sector is also known as IT Engineering Services or Technology Services.

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 equipment

Companies 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 etc
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 more than 1.2K companies in IT Services in Romania. AROBS is the top IT Services company in Romania, ranked using Tracxn Score (what's this?).
Here are 5 of the top IT Services companies in Romania:
Company
Description
Location
Founded
Current Stage
Private Funding Raised
Developer of custom software and provider of IT outsourcing services
Cluj napoca (Romania)
1998
Public
-
Provider of artificial intelligence development, big data analytics, and other services
Bucharest (Romania)
2019
Seed
$7.5M
Provider of BPO services
Bucharest (Romania)
2005
Unfunded
-
Web & software development firm
Targu Mures (Romania)
2010
Unfunded
-
Provider of software development, consultancy, integration, and digital transformation services
Bucharest (Romania)
2010
Acquired
-
Get a longer list of companies

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

113 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
-
2025
-
2024
3
2023
12
2022
32
2021
51
2020
110
2019
113
2018
84
2017
87

Stage-wise distribution of IT Services sector companies in Romania

Out of the total 1,198 IT Services companies in Romania, 62 have secured funding. Among them, 41 have reached Series A or higher, and 41 to Series B or beyond.

Founded - 1,198
Funded - 62
Series A+ - 41
Series B+ - 41
Series C+ - 41
Company Stage
No. of companies
Founded
1,198
Funded
62
Series A+
41
Series B+
41
Series C+
41
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Top Investors in IT Services in Romania

Liberty Global 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 2024, till June 2024, 3 acquisitions happened in IT Services sector in Romania. Last year, in 2023, a total of 5 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 21, 2024
Business Acquisition
Feb 27, 2024
Business Acquisition
Jan 09, 2024
Business Acquisition
Oct 27, 2023
Business Acquisition
Jul 25, 2023
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
-
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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