About OSS & BSS
There are 1.32K companies in the OSS & BSS sector across the world, with 492 funded companies having collectively raised $9.44B in venture capital money and private equity. Overall 440 of these are Series A+ funded, and 1 of these is a unicorn.
OSS & BSS sector has seen 331 acquisitions and 49 IPOs. This represents almost 28.9% of all such companies - which is higher than the 4.9% exit rate of tech companies in general.
This sector includes solutions that help telecom service providers in managing their day to day operations including network and customers.
OSS & BSS sector is also known as Telecom Operational Support Systems, Telecom Business Support Systems, Digital BSS or Digital OSS.
Companies included in OSS & BSS sector
Companies that provide solutions to support the operations (operational support systems) and business (business support systems) of the service providers. Companies that provide solutions for customer management, product management, billing, service assurance, inventory management, network analytics, network testing, network security, asset management.Companies excluded in OSS & BSS sector
Excludes companies in the telecom value chain which are not related to the OSS/BSS including telecom infrastructure providers, telecom operators, VAS (value-added services) provider, system integrators, EF&I. Also excludes large telecom equipment vendors (Ericsson, Huawei, Cisco etc) which have presence across the entire value chain.Market Map of OSS & BSS
The market map of OSS & BSS gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution. Trending business models in OSS & BSS sector are Network Testing and Monitoring, Smart Wi-Fi Management and Network Orchestration.
Reports related to OSS & BSS
Here are some reports related to OSS & BSS sector:
Free
OSS & BSS - Sector Report
Edition: November, 2025 (65 Pages)
Premium
OSS & BSS Investor Landscape
Edition: October, 2024
Premium
OSS & BSS Exit Landscape
Edition: August, 2025 (15 Pages)
View all reports related to OSS & BSS. Sign up today!Top Companies in OSS & BSS
There are more than 1.32K companies in OSS & BSS. Comviva is the top OSS & BSS company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top OSS & BSS companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Developer of platforms for digital payments, marketing, and business operations | Gurugram (India) | 1999 | Acquired | $13.5M | |
Self-optimizing adaptive Wi-Fi system provider | Palo Alto (United States) | 2015 | Series F | $697M | |
SaaS-based platform providing subscriber analytics, network asset management, and cloud services | Bridgewater (United States) | 2000 | Acquired | $34M | |
Developer of cloud-native software for network automation and orchestration solutions | Hanover (United States) | 2000 | Acquired | $97.6M | |
Cloud-based subscription billing and management solutions for businesses | San Francisco (United States) | 2003 | Series F | $175M |
Companies founded year-on-year in the OSS & BSS sector
1 new startup has been founded so far in 2026 in the OSS & BSS sector. 36 OSS & BSS startups were founded in 2017 - 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 | 1 |
2025 | - |
2024 | 6 |
2023 | 9 |
2022 | 11 |
2021 | 20 |
2020 | 17 |
2019 | 24 |
2018 | 31 |
2017 | 36 |
Companies founded across countries in the OSS & BSS sector
United States has 425 OSS & BSS startups, the most by any country, followed by United Kingdom which has 142 startups and India which has 97.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 425 |
United Kingdom | 142 |
India | 97 |
Canada | 66 |
Germany | 44 |
France | 33 |
Israel | 33 |
Spain | 33 |
China | 31 |
Australia | 28 |
Stage-wise distribution of the OSS & BSS sector
Out of the total 1,317 OSS & BSS companies, 492 have secured funding. Among them, 440 have reached Series A or higher, and 405 to Series B or beyond.
Founded - 1,317
Funded - 492
Series A+ - 440
Series B+ - 405
Series C+ - 394
Company Stage | No. of companies |
|---|---|
Founded | 1,317 |
Funded | 492 |
Series A+ | 440 |
Series B+ | 405 |
Series C+ | 394 |
Want to know more about OSS & BSS ? Signup and explore Tracxn for free
- 1.3K+ Total Companies
- $9.44B+ Total Funding
- 490+ Funded Companies
- 45+ IPOs
- 330+ Acquisitions
- 5+ Reports
Funding Trends in the OSS & BSS sector
Total funding year-on-year in the OSS & BSS sector
The OSS & BSS sector saw a total funding of more than $3.74B in the last 10 years. The most amount of funding was in 2018 at more than $1.35B. There has been a total funding of $16M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $16M |
2025 | $21.8M |
2024 | $181M |
2023 | $159M |
2022 | $70.4M |
2021 | $878M |
2020 | $400M |
2019 | $210M |
2018 | $1.35B |
2017 | $452M |
Total funding across countries in the OSS & BSS sector
In the last 10 years, OSS & BSS startups in United States have recieved the highest funding among all countries - $2.85B. China follows with $284M and Spain with $127M.
- Total Funding
Country | Total Funding |
|---|---|
United States | $2.85B |
China | $284M |
Spain | $127M |
Canada | $116M |
France | $100M |
United Kingdom | $95.3M |
Sweden | $40.6M |
Denmark | $23.2M |
India | $9.12M |
Germany | $147K |
Total funding amount raised by stage in the OSS & BSS sector
Over the last 10 years, the OSS & BSS sector have seen $67.3M into Seed Stage funding rounds, $501M into Early Stage funding rounds and $1.08B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Debt | $1.2B |
Late Stage | $1.08B |
Post IPO | $593M |
Early Stage | $501M |
PE | $200M |
Grant | $70.9M |
Seed Stage | $67.3M |
Recent Funding Rounds in OSS & BSS
In the year 2026, till January 2026, OSS & BSS companies have raised $16M in equity funding across 1 round.
In the same period last year (i.e. till January 2025), OSS & BSS companies had raised equity funding across 1 round.
Here are some recent, important funding rounds in OSS & BSS:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 6819 | Jan 16, 2026 | - | |
Series A | 3165 | Dec 03, 2025 | ||
PE | 5080 | Dec 02, 2025 | ||
Seed | 8309 | Aug 22, 2025 | - | |
Series A | 5913 | Jul 17, 2025 | and 5 more |
Top Investors in OSS & BSS
Europa is the top investor in OSS & BSS companies based on number of companies invested.
Here are some top investors in OSS & BSS:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Oak Ridge (United States) | ||
Washington, DC (United States) | ||
Santa Clara (United States) | ||
Arlington (United States) |
M&A activity in OSS & BSS
In the year 2026, till March 2026, 2 acquisitions happened in OSS & BSS sector. Last year, in 2025, a total of 14 acquisitions happened in OSS & BSS sector.
Here are some recent, important acquisitions in OSS & BSS:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Mar 23, 2026 | ||
Business Acquisition | Mar 03, 2026 | ||
Business Acquisition | Dec 31, 2025 | ||
Business Acquisition | Dec 04, 2025 | ||
Business Acquisition | Dec 01, 2025 |
Acquisition trends in OSS & BSS
Here are the acquisition trends in OSS & BSS:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 2 |
2025 | 14 |
2024 | 14 |
2023 | 11 |
2022 | 13 |
2021 | 25 |
2020 | 17 |
2019 | 16 |
2018 | 38 |
2017 | 19 |
IPOs in OSS & BSS
In the year 2022, till September 2022, 3 IPOs happened in OSS & BSS sector.
Here are some recent, important IPOs in OSS & BSS:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Sep 27, 2022 | National Stock Exchange (NSE) | |
Aug 29, 2022 | Euronext Exchange (Euronext) | |
Mar 21, 2022 | Euronext Exchange (Euronext) | |
Nov 05, 2020 | National Stock Exchange (NSE) | |
Sep 29, 2020 | Hong Kong Exchanges (HKG) |
Colleges which produce the most OSS & BSS companies
Companies founded by alumni from top colleges in the OSS & BSS sector
Most number of OSS & BSS startups have been founded by alumni from Stanford University, Tel Aviv University and Harvard Business School.
College | No. of companies |
|---|---|
Stanford University | 16 |
Tel Aviv University | 16 |
Harvard Business School | 10 |
INSEAD | 8 |
Massachusetts Institute of Technology | 8 |
Technion - Israel Institute of Technology | 6 |
Technion Israel Institute Technology | 5 |
Columbia University | 4 |
IIT Delhi | 4 |
University of California (Berkeley) | 4 |
Total funding in companies founded by alumni from top colleges in the the OSS & BSS sector
In the last 10 years, Carnegie Mellon University graduates' OSS & BSS companies have raised the most funding among top colleges. BITS Pilani alumni are second, and IIT Delhi alumni are third.
College | Total Funding |
|---|---|
Carnegie Mellon University | $1.15B |
BITS Pilani | $1.01B |
IIT Delhi | $718M |
Stanford University | $431M |
Massachusetts Institute of Technology | $234M |
Tel Aviv University | $202M |
Technion - Israel Institute of Technology | $202M |
Yale University | $201M |
Indian School of Business | $175M |
IIT Madras | $113M |
Top News in OSS & BSS
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Rakuten Mobile Extends Partnership with Netcracker for AI-Enabled Digital BSSAiThority•Mar 31, 2026•Netcracker
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Comviva Launches NGAGE for Enterprises to Power Secure, AI-Driven Customer Engagement at ScaleMedia Bulletins•Mar 11, 2026•Comviva
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Foxtel Business partners with eero to bundle Wi-Fi for accommodation sectorTelecompaper•Mar 11, 2026•Foxtel, eero
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Comviva Launches NGAGE for Enterprises to Power AI-Driven Customer EngagementThe Tribune•Mar 11, 2026•Comviva
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Jelly Toast Launches in India to Simplify Everyday CelebrationsFinancial Post•Mar 03, 2026•Synchronoss
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A New Global MVNO Consortium Launches at MWC to Simplify International ExpansionFinancial Post•Mar 03, 2026•MDS Global, Jersey Telecom, Ycorp
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Mycom Partners with LatenceTech to Strengthen SLA GovernanceBenzinga•Mar 03, 2026•Mycom, LatenceTech
