About Vivacom
Vivacom is a company based in Sofia (Bulgaria) founded in 1879 was acquired by United Group in November 2019.. Vivacom has raised $355.6 million across 3 funding rounds from investors including United Group, VTB Capital and Ardian. Vivacom has completed 2 acquisitions, including Networx BG and Telnet. Vivacom operates in a competitive market with competitors including Telecom Italia, AT&T, Comcast, Verizon and Orange, among others.
- Headquarter Sofia, Bulgaria
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Sectors
TelecommunicationsMedia & Entertainment
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$355.6 M (USD)
in 3 rounds
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Latest Funding Round
$494.55 M (USD), Debt – Conventional
Apr 20, 2018
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Investors
United Group
& 5 more
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Employee Count
Employee Count
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Investments & Acquisitions
Networx BG
& 1 more
- Acquired by
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Funding Insights of Vivacom
Vivacom has successfully raised a total of $355.6M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $494.55 million completed in April 2018. 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 Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $494.6M
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First Round
First Round
(01 Jun 2004)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Debt – Conventional - Vivacom | Valuation |
investors |
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| Aug, 2008 | Amount | Debt – Conventional - Vivacom | Valuation |
investors |
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| Jun, 2004 | Amount | Private Equity Round - Vivacom | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Vivacom
Vivacom has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include United Group, VTB Capital and Ardian. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private investment firm specializing in markets and partnerships.
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Global investment banking for large and mid-cap firms is conducted.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vivacom
Vivacom has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Networx BG and Telnet. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Broadband internet and cable TV services are provided in Bulgaria.
|
2005 | ||||
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Fiber-optic internet and digital TV services are provided in Bulgaria.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Vivacom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vivacom Comparisons
Competitors of Vivacom
Vivacom operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Telecom Italia, AT&T, Comcast, Verizon and Orange, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Integrated telecom service provider
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| domain | founded_year | HQ Location |
Mobile internet, TV, and telecommunication services are provided.
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| domain | founded_year | HQ Location |
Cable TV, internet, phone, and media entertainment services are provided.
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| domain | founded_year | HQ Location |
Mobile and internet services are provided to homes and businesses.
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| domain | founded_year | HQ Location |
Orange is recognized as a global telecommunications and technology provider.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vivacom
Frequently Asked Questions about Vivacom
When was Vivacom founded?
Vivacom was founded in 1879 and raised its 1st funding round 125 years after it was founded.
Where is Vivacom located?
Vivacom is headquartered in Sofia, Bulgaria.
Is Vivacom a funded company?
Vivacom is a funded company, having raised a total of $355.6M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $355.6M, raised on Jun 01, 2004.
What does Vivacom do?
Vivacom was founded in 1879 and is headquartered in Sofia, Bulgaria. Operations are conducted in the telecommunications sector, where mobile and fixed-line telephony, broadband internet, and digital television services are offered to customers nationwide. The company maintains a presence through its domain vivacom.bg, supporting connectivity needs in the region. Infrastructure and network services form the core of its activities, with a focus on reliable telecom provisions.
Who are the top competitors of Vivacom?
Vivacom's top competitors include AT&T, Telecom Italia and Vodafone.
How many acquisitions has Vivacom made?
Vivacom has made 2 acquisitions, including Networx BG, and Telnet.
Who are Vivacom's investors?
Vivacom has 4 investors. Key investors include United Group, VTB Capital, Ardian, and Advent International.
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