Sirma Group Holding

Name

Sirma Group Holding

Legal name

Sirma Group Holding JSC

Website

https://sirma.com

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Enterprise AI and Vertical Software

NAICS

Software Publishers (51321), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)

akta.pro secondary industries

Enterprise AI Data & Knowledge Platforms (Vector Databases, Knowledge Graphs) (HDAEANAH), Agents & Autonomous Workflows (Tool Use, Planning, Multi-Agent) (HDAAACAF), AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI) (HDAEANAI)

Keywords

• Enterprise AI solutions
• Financial software services
• Knowledge graph platforms
• Insurance technology solutions
• Logistics AI platforms

Headquarters

HQ city

Sofia

HQ country

Bulgaria

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Professional Services: Custom software development, system integration, consulting, and implementation services for enterprise clients across banking, insurance, healthcare, and public sector. Typically project-based with fixed-fee or time-and-materials contracts.
2. Software Licenses and Subscriptions: Proprietary software products including Sirma.AI Enterprise, GraphDB, and vertical-specific solutions sold as perpetual licenses or recurring subscriptions.
3. Hardware Sales: Sale of computing infrastructure and hardware solutions, particularly for AI deployments and edge computing applications.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Sirma Group Holding is a pan-European enterprise technology company that builds and sells proprietary AI platforms (Sirma.AI Enterprise, GraphDB, FreightGo AI), vertical software products for banking, insurance, healthcare, logistics, hospitality, and packaging industries, and delivers professional IT services including AI & data, cloud migration, custom software development, managed IT, consulting, cybersecurity, and system integration to enterprise clients in regulated industries.

Product overview

Sirma Group Holding operates as a pan-European enterprise technology company offering a diversified portfolio of AI-powered products and IT services. The portfolio comprises three main layers: (1) Proprietary AI Platforms including Sirma.AI Enterprise (multi-LLM agent platform), FreightGo AI Platform (logistics), and GraphDB (semantic knowledge graphs); (2) Vertical Solutions including Medrec:M (healthcare), Diabetes:M (mobile health), Melinda (conversational banking), CeGate and RepXpress (financial services), and InSuite (insurance); and (3) Professional Services encompassing AI & Data, Cloud Migration, Software Development, Managed IT, Consulting, Cybersecurity, and System Integration. The company serves regulated industries across 170 countries through 20+ subsidiaries, with AI agents deployed for enterprise automation in financial services, healthcare, logistics, and hospitality sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Sirma.AI Enterprise: AI agent-based enterprise platform enabling organizations to securely build, deploy, and scale AI agents with flexible cloud or on-premise control.
• Sirma Medical Systems
• EngView Systems
• GraphDB
• Ontotext Platform
• Medrec:M
• Diabetes:M
• Melinda
• FreightGo
• Sirma InSuite
• Sirma InsurTech
• Sciant
• Daticum
• CeGate
• RepXpress

Products and services

• Sirma.AI Enterprise Enterprise AI platform enabling organizations to securely build, deploy, and scale AI agents with flexible cloud or on-premise control, featuring multi-LLM architecture supporting multiple foundation models and sovereign AI deployment capabilities.
• FreightGo AI Platform AI-powered logistics platform for freight management, tariff management, and routing optimization serving transportation and logistics companies.
• GraphDB Semantic graph database platform for knowledge graph solutions, enabling semantic search, data integration, and enterprise knowledge management.
• Medrec:M Digital health platform providing personal medical records, telemedicine solutions, and clinic management systems for healthcare providers and patients.
• Diabetes:M Mobile health application for diabetes management enabling blood glucose monitoring, screen capture data entry, and health record tracking.
• EngView Packaging Suite Packaging design software with AI-driven design automation for the packaging and printing industry.
• Sirma InSuite Digital insurance platform for insurance enterprise transformation and management.
• Melinda AI-powered conversational banking assistant adding an intelligence layer to bank information systems.
• CeGate Financial data platform providing unified access to data lakes for banking and financial services.
• RepXpress Regulatory reporting solution for financial institutions enabling SAF-T, AnaCredit, and Basel compliance reporting.
• sHRedy HR efficiency platform for human resources management and employee lifecycle optimization.
• AI & Data Services Professional services for AI implementation, data analytics, and business intelligence solutions leveraging machine learning and data science.
• Cloud Migration and Support Cloud transformation services including migration, infrastructure-as-a-service, and managed cloud operations.
• Tailored Software Development Custom software development services addressing specific business requirements across industries.
• Managed IT Services IT outsourcing and team augmentation services providing skilled technology professionals.
• Business and IT Consulting Strategic consulting for digital transformation, technology optimization, and business process improvement.
• Cyber Security Security services including threat detection, response, reporting, and AI-powered threat simulation for critical infrastructure.
• System Integration Enterprise system integration connecting disparate IT systems for seamless data flow and operational efficiency.
• Daticum Cloud Services Cloud services and data center operations provided through Sirma's Daticum subsidiary.
• Ontotext Platform Enterprise knowledge graph platform for data integration and semantic search, powered by GraphDB technology.

Quantifiable outcome

• 31% year-over-year revenue growth in 2025
• +2 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability13 records

Feature3 records

Partnerships

Seven partnerships are on record, tiered core, flagship, growth and minor.

• Schwarz Digits / STACKITcoreStrategic or Co-development Partner · 1 January 2025Strategic alliance with Schwarz Digits (part of Schwarz Group) to deliver sovereign enterprise AI solutions. The partnership combines Sirma's AI expertise with STACKIT's sovereign cloud infrastructure to provide European enterprises with secure, compliant AI deployment options that keep data within European jurisdiction.
• TemenosflagshipGTM or Marketing Partner · 1 January 2024Referral partnership to expand banking software solutions in Bulgaria and Albania. Sirma acts as a referral partner helping Temenos connect with regional banking clients while providing local implementation expertise.
• ApplecoreChannel Partner/ Reseller/ Distributor · 1 January 2024Authorized Reseller status allowing Sirma to sell Apple products and solutions to corporate organizations. This partnership enables Sirma to offer comprehensive enterprise technology solutions including Apple hardware.
• IBMcoreTechnology or IntegrationGold Partner status in IBM's partner ecosystem. The partnership enables integration with IBM technologies and platforms, leveraging IBM's enterprise infrastructure for customer deployments.
• TechQuartiergrowthGTM or Marketing PartnerGrowth Partner relationship providing access to TechQuartier's innovation ecosystem in Germany. Enables collaboration with startups and technology companies in the European market.
• BORICAminorStrategic or Co-development PartnerPartnership for digitalization of employment records and related banking/HR integration projects in Bulgaria.
• Fimple UKminorStrategic or Co-development PartnerStrategic partnership for financial technology solutions in the UK market, focusing on banking software and digital transformation.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Endava: UK-headquartered IT services and digital transformation company serving banking, insurance, and other regulated industries across Europe and North America. Comparable in vertical specialization, software-plus-services model, and enterprise AI/digital delivery focus, though larger scale.
• Luxoft (DXC Technology): Global IT services and software engineering firm with deep banking, financial services, and regulated-industry presence. Comparable to Sirma in enterprise software delivery, system integration, and banking vertical expertise.
• Cognizant Softvision: Custom software development and digital engineering services provider with strong European and Romanian delivery centers, competing for similar enterprise software projects as Sirma's Roweb subsidiary.
• Software Group: Bulgarian-founded digital transformation and fintech solutions provider focused on banking, insurance, and microfinance, with global reach. Direct competitor to Sirma in banking technology services and enterprise platforms.
• Ontotext (pre-Sirma): Knowledge graph and semantic technology vendor now part of Sirma Group; directly comparable to peers like Stardog and Neo4j in the enterprise semantic graph space.
• Neo4j: Leading graph database platform used for knowledge graphs, fraud detection, and AI applications. Direct competitor to Sirma's GraphDB in enterprise semantic graph deployments.

Emerging players

• Stardog: Enterprise knowledge graph platform competing with GraphDB for enterprise semantic and data fabric workloads, with strong overlap in RAG and AI use cases.

Broad incumbents

• Cognizant: Large global IT services and consulting firm with broad enterprise AI, banking, and healthcare practices. Competes with Sirma for large enterprise transformation deals but at vastly greater scale.
• IBM (Watsonx): Sirma is an IBM Gold Partner for Watsonx, but IBM's enterprise AI platform itself is an adjacent incumbent that could partner with or compete against Sirma.AI Enterprise in regulated industries.

Others

• Temenos: Core banking software platform with which Sirma's S&G Technology Services integrates as a referral partner. Comparable as a banking software specialist serving financial institutions globally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCXDbX1Z7w5hBEP5tmaDYrmw
• Facebookfacebook.com/SirmaGroupHolding
• LinkedInlinkedin.com/company/sirma-group-holding-jsc
• Xx.com/GroupSirma

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sirma Group Holding