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Motion Software Ltd.

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Year established

2015

Location

Sofia Bulgaria

Primary Industry

Software

About

Based in Sofia, Bulgaria, and founded in 2015 by CEO Christo Peev, Motion Software Ltd., a.k.a. Motion Software is a software engineering company that provides a digital platform to enable tech companies to hire remote digital talents from eastern and central Europe. In July 2022, Exadel, Inc., a portfolio company of Sun Capital Partners, acquired Motion Software Ltd. The company provides remote work software that allows international companies to build remote software teams in compliance with international labor regulations. The platform also allows companies to offer employment security, workspaces, social benefits, equipment, training, and wellbeing package. Motion Software offers its solution to a wide range of industries, including blockchain, artificial intelligence and analytics, fintech, healthcare, e-learning, and i-gaming.
Current Investors
Exadel, Inc.

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Primary Industry
Software
Sub Industries
Consulting Services, Analytics & Performance Software, HR & Workforce Software
Website
www.motion-software.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only

Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin
31 Dec 2021
31 Dec 2022

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Deals

Deals Type
Add-on
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed Motion Software Ltd. 12 Jul 2022
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