HackSoft
HackSoft is a Sofia, Bulgaria-based software engineering and technical consulting firm of approximately 65 engineers that builds custom digital products for enterprise clients. Now a subsidiary of UK digital product consultancy Waracle, it serves Financial Services, Health, Energy, and Public Sector verticals.
- Company typePrivate
- Founded2015
- HeadquartersSofia, Bulgaria
- Headcount51–100
- GTM typeB2B
- OfferingServices
What HackSoft does
HackSoft is a Sofia, Bulgaria-based software engineering and technical consulting firm that designs, builds, and delivers custom digital products for enterprise clients. Founded around 2015, the company employs approximately 65 engineers and operates in verticals including Financial Services, Health, Energy, and Public Sector, providing software development services grounded in a decade of delivery experience.
The company's offering centers on custom software development paired with technical consulting, with AI integrations cited as a service capability. Its core technology stack is general-purpose software engineering rather than proprietary IP: there are no disclosed patents, proprietary platforms, or productized tools. HackSoft's stated competitive advantages rest on its engineering talent base and its ability to bring proactive product-thinking to client engagements, as evidenced by customer testimonials describing thoughtful approach to development requests.
In late 2025, HackSoft was acquired by Waracle, a UK-headquartered digital product consultancy backed by growth investment firm BGF and operating from London, Glasgow, Dundee, and Edinburgh. The acquisition marked Waracle's first overseas deal and combined Waracle's innovation management, design, and customer experience expertise with HackSoft's engineering delivery. Operating economics are professional services revenue, with no publicly disclosed pricing. Following the deal, HackSoft serves as Waracle's Bulgarian hub within a five-office distributed delivery model covering strategy, design, engineering, data, and AI.
HackSoft firmographics
Firmographics- Name
- HackSoft
- Legal name
- HackSoft
- Website
- https://hacksoft.io
- Company type
- Private
- Founded year
- 2015
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- HackSoft is a Sofia, Bulgaria-based software engineering and technical consulting firm of approximately 65 engineers that builds custom digital products for enterprise clients. Now a subsidiary of UK digital product consultancy Waracle, it serves Financial Services, Health, Energy, and Public Sector verticals.
- Ownership category
- akta.pro rank
Where HackSoft is headquartered
LocationHeadquarters
- HQ city
- Sofia
- HQ country
- Bulgaria
- HQ region
- Europe
Offices1 record
Markets served
HackSoft business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Software Development Services: HackSoft generates revenue through custom software development and technical consulting services. The company delivers digital products and engineering solutions to enterprise clients, operating for a decade in the software development space before joining Waracle.
Go-to-market motion1 record
Distribution channels1 record
HackSoft product offering
Product offeringCore offering
HackSoft is a software engineering and technical consulting firm based in Sofia, Bulgaria, with 65 engineers delivering custom software development, AI integrations, and digital product solutions for enterprise clients. The company has spent a decade at the forefront of innovation and, following its late-2025 acquisition by UK-based Waracle, now operates as the engineering hub within Waracle's end-to-end digital product consultancy serving Financial Services, Health, Energy, and Public Sector clients.
Product overview
HackSoft operates as a software engineering and technical consulting firm that has joined the UK-based digital product consultancy Waracle. The portfolio consists of HackSoft's core software engineering services (delivered by 65 engineers in Sofia with a decade of experience) integrated into Waracle's broader digital product development offering, which spans strategy, design, engineering, data, and AI across enterprise clients in Financial Services, Health, Energy, and Public Sector.
Differentiator
Problem solved
Functional benefit
Companies that use HackSoft
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
HackSoft technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
HackSoft partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- WaraclecoreHackSoft joined Waracle in late 2025, marking Waracle's first overseas acquisition. The deal combines Waracle's expertise in innovation management, digital product development, and customer experience optimization with HackSoft's software engineering and technical consulting strengths. HackSoft's 65 team members in Sofia join Waracle's distributed teams model, creating one team across five offices. The partnership aims to strengthen presence across the European tech landscape.
Scale indicators3 records
Recent moves4 records
Expansion highlights4 records
HackSoft competitors and assessment
Company assessmentBroad incumbents
- EPAM Systems: Global digital engineering services giant with significant Bulgarian operations. Represents the broad incumbent end of the same custom software development and AI integration market HackSoft serves, and competes for the same Bulgarian engineering talent pool.
- Waracle: UK-based digital product consultancy and HackSoft's parent company. Directly comparable as a digital product development firm targeting enterprise clients in Financial Services, Health, Energy, and Public Sector, with a larger (200 technologists) UK footprint and broader end-to-end strategy/design/engineering/data/AI offering.
- Itransition: Large Eastern European software development company with Bulgarian operations. Comparable to HackSoft in service mix (custom dev, AI/ML integrations, consulting) but materially larger, representing a broader incumbent competitor for the same European enterprise engineering spend.
Direct peers
- Relevant Software: Ukraine- and Bulgaria-based custom software development firm serving European and US clients. Comparable to HackSoft in service offering (dedicated teams, custom software, AI/ML) and similar mid-market positioning.
- Sumatosoft: Eastern European software development consultancy with a strong custom development and AI services practice. Comparable to HackSoft in target market, delivery model (dedicated teams), and mid-sized European consulting positioning.
- Computools: Eastern European (Ukraine-based with European presence) software engineering and digital transformation consultancy. Comparable to HackSoft in custom software delivery, AI/ML services, and enterprise client focus across financial services and other regulated verticals.
- Accedia: Bulgarian IT services company based in Sofia delivering custom software development, cloud, and data engineering. Comparable headcount range and target market to HackSoft, operating in the same Bulgarian nearshore engineering services category.
- BGO Software: Bulgaria-based software development and consulting firm headquartered in Sofia. Closely comparable to HackSoft as a fellow Bulgarian engineering services player of similar scale, offering custom software development, AI, and digital product services to European and US clients.
- Dreamix: Sofia-based custom software development and consulting company. Comparable in scale, geography, and service offering to HackSoft, with a similar focus on Java/JVM enterprise engineering and European enterprise clients.
- Scalefocus: Bulgaria-headquartered technology services company delivering custom software engineering, data, and cloud services to enterprise clients in financial services, telco, and other verticals. Highly comparable to HackSoft in geography, scale, and enterprise vertical mix.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks5 records
Key highlights6 records
Customer concentration
HackSoft social profiles
Digital presenceHackSoft compliance and trust
Trust signalCompliance2 records
HackSoft financial estimates
Financial estimateRevenue estimate
Valuation estimate
HackSoft leadership team
Management profileNumber of profiles
Profiles2 records
HackSoft funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HackSoft M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HackSoft
What does HackSoft do?
HackSoft is a software engineering and technical consulting firm based in Sofia, Bulgaria, with 65 engineers delivering custom software development, AI integrations, and digital product solutions for enterprise clients. The company has spent a decade at the forefront of innovation and, following its late-2025 acquisition by UK-based Waracle, now operates as the engineering hub within Waracle's end-to-end digital product consultancy serving Financial Services, Health, Energy, and Public Sector clients.
Is HackSoft a public or private company?
HackSoft is a private company. It is classified as corporate owned and is currently acquired.
When was HackSoft founded?
HackSoft was founded in 2015. It employs 51 to 100 people.
Where is HackSoft based?
HackSoft is headquartered in Sofia, Bulgaria, in the Europe region.
How does HackSoft make money?
One revenue line is on record: software Development Services.
Who are HackSoft's main competitors?
Broad incumbents on record are EPAM Systems, Waracle and Itransition. Direct peers are Relevant Software, Sumatosoft, Computools, Accedia, BGO Software, Dreamix and Scalefocus.
Does HackSoft have an API?
No public API is recorded for HackSoft.