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SoftGroup Revenue (2024)

SoftGroup generated an estimated $18.5M in annual revenue in 2024. Source: GetLatka estimate

SoftGroup is a Bulgarian software company that creates technological solutions in order to prevent one of the global challenges in the field of the pharmaceutical industry, namely medical counterfeiting. This process is carried out by SoftGroup SaTT (Serialization and Track&Trace) - a mass serialization system and centralized management of pharmaceutical packaging. The main focus of our work is to create a complete solution tailored to European specifics as well as Russian requirements - software, hardware, and all other related services as support issues. Founded in 2003, today the company is a well-established partner of many pharmaceutical companies in Bulgaria, Germany, Ireland, the Czech Republic, Poland, Iceland, Slovakia, Russia, Cyprus, Romania, and North Macedonia.

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SoftGroup Revenue

In 2024, SoftGroup's revenue reached $18.5M. The company previously reported $9.7M in 2023. Since its launch in 2003, SoftGroup has shown consistent revenue growth.

SoftGroup Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$4M$8M$12M$16M$20M200320052007200920112013201520172019202120232024$0$6.7M$18.5MSource: GetLatka.com
YearMilestoneSource
2024SoftGroup Hit $18.5m revenue in October 2024Estimated
2023SoftGroup Hit $9.7m revenue in December 2023Estimated
2021SoftGroup Hit $6.7m revenue in April 2021Not recorded
2003Launched with $0 revenue

Founder / CEO

Venelin Dimitrov

CEO

Venelin is the Founder and the Chief Executive Officer of SoftGroup. His IT voyage begins more than 20 years ago and determines his in-depth technical knowledge in software engineering. Considering himself as a convergent thinker from an early age, he is a passionate technophile and highly experienced entrepreneur. His craftsmanship in setting the right direction and the excellent business savvy are the main pillars that helped him to establish SoftGroup as a reliable technology partner that delivers traceability technology worldwide. Aside from entrepreneurship, Venelin enjoys high-speed driving experience and fishing. Mr. Dimitrov holds a Master’s Degree in Computer Science from Veliko Tarnovo University.

SoftGroup Employees & Team Size

SoftGroup employs approximately 87 people as of 2026, down from 96 in 2023.

SoftGroup Team GrowthReported headcount over time0255075100125200320052007200920112013201520172019202120232024008787Source: GetLatka.com
YearMilestoneSource
2024Reached 87 employees (December 2024)Not recorded
2024Reached 96 employees (October 2024)Not recorded
2023Reached 96 employees (December 2023)Not recorded
2022Reached 84 employees (December 2022)Not recorded
2021Reached 80 employees (December 2021)Not recorded
2021Reached 80 employees (April 2021)Not recorded

Frequently Asked Questions about SoftGroup

What is SoftGroup's revenue?

As of 2024, SoftGroup generated an estimated $18.5M in annual revenue.

Who founded SoftGroup?

SoftGroup was founded by Venelin Dimitrov.

When was SoftGroup founded?

SoftGroup was founded in 2003.

Who is the CEO of SoftGroup?

The CEO of SoftGroup is Venelin Dimitrov.

How many employees does SoftGroup have?

As of 2024, SoftGroup had 87 employees.

Where is SoftGroup headquartered?

SoftGroup is headquartered in Sofia, Bulgaria.

Compare SoftGroup to the industry

SoftGroup operates across multiple industries. Browse revenue, funding, and growth data for SoftGroup in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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