Infobip is a Croatian IT and telecommunications company founded in 2006.[6]

Infobip Ltd.
Company typeLimited company
IndustryMobile Communications Telecommunications
Cloud Solutions
Founded2006
FoundersSilvio Kutić (CEO)

Roberto Kutić (COO)

Izabel Jelenić (CTO)
Headquarters
London, United Kingdom (legal)
Vodnjan, Croatia (de facto)[1]
Area served
200+ Countries
ProductsCommunications Platform as a Service (CPaaS)
A2P Messaging
A2P SMS Platform
2-Way SMS
SaaS
CCaaS
2 Factor Authentication
SMS API
Number Validation
Push Notifications
OTT messaging
A2P RCS[2]
RCS Business Messaging Omnichannel messaging
Voice
Email
AIT Fraud detection
Revenue€1.2 bn (2021)[3]
€1.55 bn (2022)
€1.735bn (2023)
Number of employees
4000+ (2021)[4][5]
Websitewww.infobip.com

In July 2020, Infobip raised $200 million in a Series A funding round led by One Equity Partners, having reached a $1 billion valuation.[7] Later that year, Infobip acquired OpenMarket, a Seattle-based cloud messaging provider.[8]

History

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Infobip was founded by Silvio Kutić, Roberto Kutić, and Izabel Jelenić in Vodnjan, Croatia, in 2006.[9][10] Before this, Silvio Kutić developed a platform called Virtual Community, which facilitated group communication via web, email, and SMS. The platform’s first use was for sending a Christmas message from the Vodnjan town hall to members of the diaspora. Recognizing limitations in the platform’s scalability, Kutić began developing a communications API, which eventually led to the formation of Infobip.[11][12]

In 2014 and 2015, the company expanded operations into Latin America and the Asia-Pacific region.[13][14][15]

In 2020, Infobip raised $200 million from One Equity Partners. At the time, its valuation was estimated to exceed $1 billion, making it the first Croatian company to reach "unicorn" status (a term referring to privately held startups valued over $1 billion).[7][16] That year, Infobip also acquired OpenMarket, a cloud messaging firm based in Seattle, United States.[17]

In 2021, Infobip acquired Shift Conference, a technology conference organizer focused on areas such as software development, fintech, and artificial intelligence.[18]

In July 2022, Infobip acquired Peerless Network, a U.S.-based telecommunications provider founded in 2008.[19] Infobip reported revenues of €1.55 billion in 2022 and €1.735 billion in 2023.[20] Its communications platform handled 453 billion interactions annually, with 301 billion being SMS interactions.[21] During Cyber Week 2024, the company reported an increase in total interactions from 8.2 billion in 2023 to 11.6 billion in 2024.[22][23][24]

Infobip Startup Tribe

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Since 2023, Infobip has provided financial and resource-based support to more than 300 startups through its Startup Tribe program.[25]

Campuses

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In September 2017, the company opened a 17,000-square-meter campus named Pangea in Vodnjan, Croatia.[26]

 
Zagreb Campus - Opened in 2022

IIn 2022, Infobip opened a second campus in Zagreb, named Alpha Centauri[27]. Designed by the 3LHD architectural firm, the 20,000-square-meter campus is located near the Sveta Klara and Remetinec neighborhoods.[27]

See also

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References

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  1. ^ Stojkovski, Bojan. "The unicorn effect: how Croatian tech giant Infobip gives back to the tech community". The Recursive. Retrieved 3 March 2025.
  2. ^ "Vodafone i Infobip predstavili RCS pilot projekt". ICT Business. 9 March 2018. Retrieved 2018-05-17.
  3. ^ Hu, Krystal (30 July 2020). "Exclusive: European software startup Infobip raises over $200 million in Series A funding - sources". Reuters. Retrieved 3 August 2020.
  4. ^ "Infobip uvršten među deset najinovativnijih kompanija na svijetu".
  5. ^ "Foto: Poznata IT i telekomunikacijska tvrtka gradi novi i još veći kampus u Zagrebu". Poslovni. 29 November 2018. Retrieved 2018-11-29.
  6. ^ "Network International partners Infobip to bring WhatsApp business banking services to Africa". Finextra Research. 2022-07-25. Retrieved 2022-11-14.
  7. ^ a b "Exclusive: European software startup Infobip raises over $200 million in Series A funding - sources". reuters.com. Reuters. 30 July 2020. Retrieved 3 August 2020.
  8. ^ Butcher, Mike (2022-07-26). "Croatian comms platform Infobip acquires VoIP provider Peerless Network for $200M". TechCrunch. Retrieved 2025-05-06.
  9. ^ Entrepreneurial incubator helps start-ups grow Archived 2016-03-15 at the Wayback Machine Istrian Development Agency, April 2006
  10. ^ "Meet the Leaders of Startups 注目スタートアップ CxO インタビュー Infobip : TechMarket". Archived from the original on 2017-11-07.
  11. ^ Kumbhar, Sheetal (2017-05-17). "Snapshot : Silvio Kutic, CEO of Infobip | VanillaPlus - The global voice of Telecoms IT". VanillaPlus - The global voice of Telecoms IT. Archived from the original on 2024-12-04. Retrieved 2025-02-13.
  12. ^ Prakash, Prarthana. "How Croatia's first unicorn grew from a small village with a $16,000 loan from parents to working with WhatsApp and Uber". Fortune Europe. Retrieved 2025-02-13.
  13. ^ "Infobip: gigante croata de SMS monta estrutura no Brasil". Mobile Time. 29 June 2015. Archived from the original on 2015-12-22. Retrieved 2017-05-04.
  14. ^ "本网页已删除". Science.china.com.cn. Retrieved 2017-05-04.
  15. ^ "British telecom firms seek expanded trade ties with PH - Newsbytes Philippines". Newsbytes.ph. 2015-11-22. Archived from the original on 2016-02-19. Retrieved 2017-05-04.
  16. ^ "Infobip: Croatian Company Raises 200 Million US Dollars for Investment". Total Croatia News. 31 July 2020. Retrieved 3 August 2020.
  17. ^ "Infobip to Acquire OpenMarket, creating a leading cloud communications player with unparalleled global reach - Infobip Infobip to Acquire OpenMarket".
  18. ^ Tucker, Charlotte (2021-04-12). "London-based cloud communciations company Infobip acquires Croatia-based Shift". EU-Startups. Retrieved 2025-02-13.
  19. ^ "Information technology company Infobip buys VoIP service provider Peerless Network for $200 million". Insider Apps. Retrieved 2022-07-28.
  20. ^ "Plivo Company Profile". SuperAGI Sales. Retrieved 2025-02-13.
  21. ^ client. "Conversational era demands brands accelerate digital transformation". www.ft.com. Retrieved 2025-02-13.
  22. ^ "Infobip Forecasts Growth in Online Sales This Black Friday | Business Wire". via.tt.se (in Swedish). Retrieved 2025-02-13.
  23. ^ CORRESPONDENT (2024-12-23). "Cyber Week sees 94pc spike in email interactions, Infobip reports". Capital Business. Retrieved 2025-02-13. {{cite web}}: |last= has generic name (help)
  24. ^ "Infobip sets new record with 11.6 billion Cyber Week interactions". The Citizen. 2024-12-30. Retrieved 2025-02-13.
  25. ^ Marzo, Stefano De (2023-12-18). "Croatia-based Infobip supports more than 300 startups with €1.8 million through flagship programme". EU-Startups. Retrieved 2025-02-13.
  26. ^ "News: Pangea Campus presented to the public". Infobip. Retrieved 2022-11-08.
  27. ^ a b "Croatia's first unicorn opens 150 million kuna campus in Zagreb". Croatia Week. 2022-04-15. Retrieved 2022-11-08.
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