About Codery
Codery is a Business Services company based in Sofia (Bulgaria) founded in 2022 by Philip Balkanski. Provider of recruitment services for IT industry. Codery has raised $2.86 million across 1 funding round from investors including Silverline Capital. Codery has completed 1 acquisition, including Devision. Its chief executive, as recorded, is Philip Balkanski. Its focus areas include HR Services, Recruitment Services and IT.
Company details
Codery was founded in 2022 and is based in Sofia, Bulgaria. Recruitment services for the IT industry are offered, with talent sourcing, interview scheduling, and candidate screening managed as core operations. The focus remains on connecting IT professionals with employers through structured processes. Activities are centered in the technology sector, supporting hiring needs across various roles.
- Headquarters Sofia, Bulgaria
- Founders Philip Balkanski
- SectorsBusiness Services
- Website teamcodery.com
- Social LinkedIn
- Total Equity Funding$2.86M (USD)
in 1 rounds
- Latest Funding Round$2.86M (USD), Seed
Aug 2024
- Investors
- Investments & Acquisitions
Funding Insights of Codery
Codery has successfully raised a total of $2.86M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.86 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.86M
- Total Rounds 1
- Last Round Seed — $2.86M
- First Round $2.86M
(Aug 2024)
- Investors Count 1
All 1 funding rounds of Codery with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | $2.86M | Seed | – | Silverline Capital | – |
1 investors in total: 1 institutional.
Investors in Codery
Codery has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Silverline Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Silverline Capital is engaged in private equity investments. | silverlinecapital.net | Sofia, Bulgaria |
Investor details for Codery
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Codery
4 people are tracked at Codery (4 in leadership).
| Name | Role | Group |
|---|---|---|
Philip Balkanski | Founder & CEO | Leadership |
Iliyan Markov | Chief Technology Officer | Leadership |
Nikolay Mitev | COO | Leadership |
Hristo Vatev | Chief Revenue Officer (cro) | Leadership |
Complete people profiles for Codery
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Codery
Codery has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Devision.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Custom software for enterprises is developed using Agile methods. | devision.com | Sofia, Bulgaria | 2007 | Jan 2025 | •••• |
Complete acquisition details for Codery
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Codery
3 dated milestones of Codery across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Codery is founded.
- Funding First funding round of $2.9M.
- Acquisition Acquires Devision.
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Related news about Codery
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Frequently Asked Questions about Codery
Codery was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Codery is headquartered in Sofia, Bulgaria.
Philip Balkanski is the CEO of Codery, as recorded in our data. They have also founded this company.
Codery is a funded company, having raised a total of $2.86M across 1 funding round to date. The company's 1st funding round was a Seed of $2.86M, raised on Aug 2024.
Codery was founded in 2022 and is based in Sofia, Bulgaria. Recruitment services for the IT industry are offered, with talent sourcing, interview scheduling, and candidate screening managed as core operations. The focus remains on connecting IT professionals with employers through structured processes. Activities are centered in the technology sector, supporting hiring needs across various roles.
Codery has made 1 acquisition, including Devision.
Codery has 1 investor. Key investors include Silverline Capital.