RACC-IT

What RACC-IT does

RACC-IT (Romanian American Chamber of Commerce IT Alliance International Chapter) is a non-profit membership organization founded in 2022 as an independent chapter within the Romanian American Chamber of Commerce (RACC, established February 1990). The organization operates as a bilateral platform connecting Romanian IT companies with US investors, partners, and enterprise buyers, while also directing US companies toward Romanian technology expertise. Its portfolio is structured around three service pillars: an Investment Incubator (investor matchmaking, VC navigation, M&A and IPO guidance), Networking & Education (events and trade-mission programming), and Trade Associations Leadership (white papers, roundtables, cross-promotional activities). Operationally, RACC-IT runs across six industry verticals: Data/AI/Cloud transformation, Cybersecurity and Cyberdefence, Fintech, Medical IT and Healthcare, Energy/Industrials/ESG, and IT Services.

The commercial model is straightforward membership and sponsorship. Individual Membership is priced at $600 per year and Corporate Membership at $2,500 per year, with Event Sponsorship sold per event (typically requiring yearly membership). Membership flows primarily through the racc-it.com website with a one-week response SLA, supplemented by direct outreach. The organization is governed by a large board including President Bogdan Capatina (Director Global Data Management Services at Ford Motor Co.), Vice Presidents Asiraf Pandele and Calin Buzan, plus an Advisory Council chaired by former US Ambassador to Romania Adrian Zuckerman (Of Counsel at DLA Piper).

RACC-IT is headquartered at PO Box 7344, Dearborn, Michigan 48121, with operational presence in Bucharest, Romania, and active event programming across London, New York City, Austin, and Cluj-Napoca. Its 2025 program included the Romanian Tech & Innovation Summit at One Vanderbilt (150+ attendees) backed by UiPath, alongside London events, NYC Tech Week sessions, and Austin meetups. Key strategic partners include UiPath (key sponsor), Linnify (board-level sponsor, with Co-Founder Catalin Briciu on the board), Medical Alley and Destination Medical Center (medtech), Babes-Bolyai University (academic medtech incubator), and ecosystem firms including BDO, MPR Partners, STOICA.CO, Crew Capital, MDL Investments, and Lofty Ventures. The organization employs 19 people and operates without venture or PE capital, relying on membership dues and sponsorship revenue.

Name

RACC-IT

Legal name

Romanian American Chamber of Commerce IT Alliance International Chapter

Website

https://racc-it.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

RACC-IT is a non-profit chamber of commerce chapter founded in 2022 that connects Romanian technology companies with US investors, partners, and enterprise buyers through membership programs, networking events, and investment incubation across six industry pillars.

Ownership category

akta.pro rank

Product category

Trade Association and Chamber of Commerce Services

NAICS

Business Associations (813910), Convention and Trade Show Organizers (561920)

SIC

Services-Membership Organizations (8600)

akta.pro industry

PRIMARYTHAHACAA

Association & Society Conference Management (Nonprofit, Professional Bodies)

Travel & Hospitality/MICE (Meetings, Incentives, Conferences & Exhibitions)/Professional Conference Organizers (PCOs) & Meeting Planners

SECONDARYMPAGAGAK

Executive Summits & Invitation-Only Forums

Media, Entertainment & Sports/Live Entertainment & Events (Concerts, Theater, Festivals)/Conventions & Conferences (Business Events)

SECONDARYTHAHAMAD

Customer/User Conferences & Client Advisory Boards

Travel & Hospitality/MICE (Meetings, Incentives, Conferences & Exhibitions)/Corporate Meetings & Summits

Keywords

• Trade association services
• Chamber of commerce
• Technology networking events
• Investor matchmaking services
• Cross-border business development

Headquarters

HQ city

New York, NY

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Individual Membership Dues: Annual membership fee for technology professionals, founders, investors, and executives seeking to engage with the Romanian-American technology community. Provides access to technology events, relationship building opportunities with industry leaders, eligibility for Advisory Council participation, and business introductions within the RACC-IT network.
2. Corporate Membership Dues: Annual organizational membership providing access for up to four company representatives to all RACC-IT technology events, ability to invite guests to selected events, inclusion in Member Directory and Select Portfolio, recognition as a Corporate Member, and participation in RACC-IT initiatives in both the US and Romania.
3. Event Sponsorship: Premium visibility and engagement opportunity for organizations through event marketing materials, on-site branding, acknowledgment during programming, direct access to RACC-IT community of founders, executives, investors and industry leaders, and enhanced visibility among Romanian and US technology companies seeking strategic partnerships.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

RACC-IT is a non-profit membership organization and chamber of commerce chapter that sells annual Individual Memberships ($600/year) and Corporate Memberships ($2,500/year) along with Event Sponsorship packages. The organization delivers value through hosting technology networking events across multiple global hubs (Bucharest, London, NYC, Austin, Cluj-Napoca), providing investment incubator services (investor matchmaking, VC navigation, M&A/IPO guidance), and offering trade association leadership programming including white papers, roundtables, and trade missions for the Romanian-American IT sector.

Product overview

RACC-IT is a non-profit membership organization (chamber of commerce chapter) that offers a portfolio of membership programs and services rather than a unified software product. Its core offerings include Individual Membership ($600/year) and Corporate Membership ($2500/year) providing access to technology events, networking, and the RACC-IT network. Additional services include Event Sponsorship, an Investment Incubator (investor matchmaking, VC navigation, M&A guidance), Networking & Education events, and Trade Associations Leadership programs. The organization does not develop or sell technology products; instead, it facilitates connections between Romanian IT companies and the American/international market through its membership-based platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Individual Membership

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered key sponsor, strategic partner, academic partner, parent organization, service provider and ecosystem partner.

• UiPathkey sponsorGTM or Marketing PartnerUiPath serves as a key sponsor and partner for RACC-IT events including the Romanian Tech & Innovation Summit in New York. As a leading AI-powered RPA platform originating from Romania with global presence (NYSE: PATH), UiPath supports the organization's mission to connect Romanian tech with US markets through event sponsorship and collaborative programming.
• Linnifykey sponsorGTM or Marketing PartnerLinnify, a global technology partner providing web, mobile, and AI development expertise, sponsors RACC-IT events including the Romanian Tech & Innovation Summit. Co-Founder Catalin Briciu serves as a board member of RACC-IT, strengthening the bidirectional relationship between the organizations.
• Lofty Venturesstrategic partnerGTM or Marketing PartnerRACC-IT backs Lofty Ventures' 2nd Annual Lofty Angels Summit in Chicago (August 10), expanding RACC-IT's US presence. This partnership supports Romanian tech ecosystem's US expansion by connecting members with Chicago's startup and investor community.
• Medical Alleystrategic partnerStrategic or Co-development PartnerMedical Alley, centered around the Mayo Clinic in Minnesota, is a key healthcare innovation partner. RACC-IT connects Romanian IT companies with Medical Alley's network of over 15,000 healthcare companies and access to DMC's $5.6 billion investment initiative over 20 years with over $1 billion in annual research spending.
• Babes-Bolyai Universityacademic partnerStrategic or Co-development PartnerRACC-IT partners with Babes-Bolyai University for medtech events and collaborative initiatives. The university, through Professor Razvan Chereches, is establishing a medical technology research and startup incubator to connect researchers with student startup teams and industry partners for product commercialization.
• Destination Medical Center (DMC)strategic partnerStrategic or Co-development PartnerDMC, the economic development initiative around Mayo Clinic deploying $5.6 billion in investment, provides pathways for Romanian IT businesses to access US healthcare markets through RACC-IT in areas including digital health, biotechnology, medical devices, and Smart Hospitals.
• RACC (Romanian American Chamber of Commerce)parent organizationStrategic or Co-development PartnerRACC-IT is an independent, non-profit chapter within the Romanian American Chamber of Commerce with global participation. RACC is the oldest bilateral trade association between Romania and the United States, established February 1990, and is the sole US representative chamber recognized by the European American Chamber of Commerce.
• STOICA.COservice providerTechnology or IntegrationSTOICA.CO serves as website designer and builder for RACC-IT. Managing Partner Andrei Stoica is a board member of RACC-IT and contributes to event programming including the Ecosystem Support panel at the Romanian Tech & Innovation Summit.
• BDOecosystem partnerImplementation/ SI/ Consulting PartnerBDO, represented by Tax Principal Simona Vasile who is also a RACC-IT board member, provides tax and advisory expertise for US expansion guidance at RACC-IT events including the Romanian Tech & Innovation Summit Ecosystem Support panel.
• MPR Partnersecosystem partnerImplementation/ SI/ Consulting PartnerMPR Partners LLP, a law firm with Founding Partner Alina Popescu participating in RACC-IT events, provides legal and business advisory support as an event supporter for London-based and other RACC-IT programming.

Scale indicators3 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Tech:NYC: NYC-based tech industry association representing the local tech ecosystem with events, policy advocacy, and member programming. Comparable model of a tech-focused industry association with corporate membership and events.
• Romanian American Chamber of Commerce (RACC): Parent organization of RACC-IT, established February 1990 as the oldest bilateral Romanian-US trade association. Operates the broader bilateral mandate across all industries, of which RACC-IT is the IT-focused chapter.
• ANIS (Romanian Software and Services Industry Association): Romania's national IT/software trade association representing Romanian IT companies. Closest direct peer — both serve Romanian IT companies with industry leadership, though ANIS focuses on the domestic Romanian market while RACC-IT focuses on the US bridge.

Regional players

• Cluj IT Cluster: Romanian regional IT cluster based in Cluj-Napoca, one of RACC-IT's active event cities. Peer organization supporting Romanian IT companies with industry events and networking, though focused on a specific regional cluster.
• ATIC (Association of ICT Companies, Moldova): Moldovan ICT industry association supporting the Moldovan tech sector. Regional peer in the broader CEE IT ecosystem with similar industry advocacy and event programming, though smaller and focused on Moldova rather than bilateral ties.
• iCEE.fest: Major Romanian internet and digital marketing festival organized in Bucharest. Adjacent event-driven community in the Romanian tech ecosystem that RACC-IT members may overlap with, though focused on digital marketing rather than bilateral trade.

Emerging players

• Romanian-American Business Council (RABC): Smaller Romanian-American business networking organization. Adjacent peer in the Romanian-US bilateral business promotion space with similar networking and event programming mission.

Broad incumbents

• French-American Chamber of Commerce (FACC): Bilateral chamber between France and the US with membership dues, events, and corporate programs. Comparable bilateral trade association model with annual subscriptions and event sponsorship revenue.
• British-American Business (BAB): UK-US bilateral trade and membership organization with events, networking, and policy advocacy. Comparable bilateral chamber model between two tech-heavy economies, though broader scope than RACC-IT's IT-only focus.
• German American Chamber of Commerce (GACC): Long-established bilateral chamber network between Germany and the US, with strong tech/industry programming. Comparable bilateral infrastructure and membership model, though at much larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/racc-it

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 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 RACC-IT