What INDEAVR does

INDEAVR is a privately held technology services company founded in 2005 and headquartered in Sofia, Bulgaria, with a secondary office in Geneva, Switzerland. Following its August 2025 acquisition by Marlabs (a US-based digital transformation firm), INDEAVR operates as 'INDEAVR, a Marlabs Company,' retaining its brand and founder-CEO Valcho Stoyanov while integrating into a group of 2,500+ professionals across 30+ countries. The firm serves Forbes Global 2000 enterprises and respected private brands across five verticals: life sciences, consumer goods, energy and natural resources, specialty chemicals, and industrial engineering. Named clients include Microsoft, Allianz, Generali, Philips, Atlas Copco, Teva, Takeda, Contour Global, Dundee Corporation, and Harrods.

The company's offerings are organized into four integrated service practices: Digital Services (digital commerce, marketing automation, analytics); Cloud Engineering Services (PaaS, workplace transformation, cloud security, DevOps, DevSecOps across Azure, AWS, GCP); Data Services (business intelligence, data engineering, data management, data science, data automation); and Software Engineering Services (core app development, enterprise app integration, app lifecycle management, app security assessment). Its technology stack is anchored by Microsoft Azure, Microsoft Dynamics 365, Microsoft Power Platform, and SharePoint, complemented by partnerships with AWS, Atlassian, Tableau, Splunk, IBM, and Optimizely. INDEAVR's 200+ engineers hold 500+ professional certificates and are segmented by career stage from Apprentice through Senior.

The business model is professional services on a project and retainer basis, delivered through direct enterprise field sales and long-term relationship management. The firm emphasizes a 'Swiss values of precision' positioning, a verticalized go-to-market, and an integrated delivery model that combines Bulgaria-based cost arbitrage with Swiss and European client-facing presence. No publicly disclosed pricing tiers or revenue figures are available, and the company has not raised external venture or private equity funding prior to the strategic acquisition by Marlabs.

Name

INDEAVR

Legal name

INDEAVR

Website

https://indeavr.com

Company type

Private

Founded year

2005

Operating status

Acquired

Headcount range

101–250 employees

Short description

INDEAVR is a Swiss-Bulgarian IT engineering services firm (now part of Marlabs) that delivers Digital, Cloud, Data, and Software Engineering services to Forbes Global 2000 enterprises across life sciences, energy, chemicals, and industrial sectors.

Ownership category

akta.pro rank

Product category

IT Consulting Services

NAICS

Custom Computer Programming Services (541511), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

Integration, API & Middleware Consulting (BPAHAEAJ)

akta.pro secondary industries

Managed Application Platforms (App PaaS & Runtime Services) (HDABAAAD), Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO)

Keywords

• Technology consulting services
• Cloud engineering services
• Data engineering services
• Software engineering services
• Digital transformation services

Headquarters

HQ city

Sofia

HQ country

Bulgaria

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Technology Consulting Services: Professional services revenue generated through technology consulting engagements across Digital, Data, Cloud, and Software Engineering practices. Services are delivered to enterprise clients on project and retainer basis.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

INDEAVR is a technology services firm that delivers professional consulting across four integrated practices: Digital Services (digital commerce, marketing automation, analytics), Cloud Engineering Services (platform-as-a-service, workplace transformation, cloud security, DevOps, DevSecOps), Data Services (business intelligence, data engineering, data management, data science, data automation), and Software Engineering Services (core app development, enterprise app integration, app lifecycle management, app security assessment). Offerings are sold as project and retainer engagements to large multinational enterprise clients.

Product overview

INDEAVR is a technology services company, not a packaged software vendor. The company offers four integrated service practices — Digital Services, Cloud Engineering Services, Data Services, and Software Engineering Services — each comprising multiple specialized sub-practices. These practices work together to provide end-to-end digital transformation: Digital Services drive customer engagement and analytics; Cloud Engineering enables modern infrastructure; Data Services unlock insights and automation; and Software Engineering builds and secures enterprise applications. Services are delivered by a 200+ professional team to Forbes 2000 clients.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 20 years of successful operation and growth
• +1 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and major.

• MarlabscoreStrategic or Co-development Partner · 6 August 2025Marlabs, a US-based digital transformation company headquartered in New Jersey, acquired INDEAVR in August 2025. The acquisition strengthens Marlabs' presence in Europe and expands digital solution capabilities. INDEAVR operates as part of Marlabs with over 2,500 professionals in 30+ countries.
• MicrosoftmajorTechnology or IntegrationTechnology partner providing cloud platforms (Azure), business applications (Dynamics 365), and productivity tools (Power Platform, SharePoint)
• AWS (Amazon Web Services)majorTechnology or IntegrationCloud platform partner for cloud engineering, data engineering, and platform services

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Accenture: Accenture is the world's largest IT services and consulting firm, with extensive cloud, data, digital, and software engineering practices serving the same Forbes Global 2000 clients as INDEAVR — a broad incumbent and primary competitor for large enterprise transformation engagements.
• Luxoft (DXC Technology): Luxoft, now part of DXC Technology, is a global IT services provider with deep Eastern European delivery centers offering digital, cloud, data, and enterprise software engineering — comparable services and delivery model, now operating as part of a much larger parent.
• Akkodis (formerly Modis): Akkodis is the tech consulting and engineering brand of the Adecco Group, providing IT services, digital engineering, and consulting to enterprise clients globally — overlapping with INDEAVR's enterprise IT services positioning at materially larger scale.
• EPAM Systems: EPAM is a large, publicly traded global IT services firm with strong Eastern European delivery, offering digital engineering, cloud, data, and enterprise software services to enterprise clients — a broader incumbent operating at materially greater scale than INDEAVR in the same categories.
• Globant: Globant is a global digital services company providing digital transformation, cloud, data, and software engineering to enterprise clients across multiple verticals — overlapping with INDEAVR's practices but at significantly larger scale and geographic breadth.

Direct peers

• Endava: Endava is a UK-headquartered IT services firm with major delivery centers in Romania and other Eastern European countries, offering digital, cloud, data, and software engineering to enterprise clients — directly mirroring INDEAVR's service mix and delivery model.
• SoftServe: SoftServe is a Ukrainian-founded IT services and consulting firm delivering digital, cloud, data engineering, and enterprise software development to Forbes 2000 clients — a near-direct comparable in capability mix, vertical focus, and European delivery footprint.
• Thoughtworks: Thoughtworks is a global technology consultancy focused on software engineering, cloud, data, and digital strategy for enterprise clients — directly comparable in service mix and emphasis on engineering excellence, though with stronger brand recognition.
• Reply: Reply is a European-headquartered IT consulting and systems integration firm delivering digital, cloud, data, and custom software services to enterprise clients — closely comparable in European-centric delivery, mid-market size, and vertical specialization.
• Ciklum: Ciklum is a global digital solutions company with deep Eastern European engineering roots, providing custom software, cloud, and data services to enterprise clients — directly comparable in scale, geography, and Microsoft-stack alignment to INDEAVR.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/indeavr
• LinkedInbg.linkedin.com/company/indeavr

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about INDEAVR