One Equity Partners (“OEP”) has signed a definitive agreement to invest over $200 million in cloud communications company, Infobip. This is the first outside capital raised by Infobip’s founders and one of the largest European software Series A rounds in recent years. In OEP, Infobip also gains a highly experienced strategic partner to help build its presence in the North American market and accelerate its growth through further acquisitions.
Headquartered in Vodnjan-Dignano, Croatia, Infobip is was recently voted best A2P SMS provider for the fourth year running by mobile operators and enterprises in ROCCO’s annual Messaging Vendor Benchmarking Report. The Company generated €602 million in 2019 revenue, having achieved a compounded annual growth rate of 48% for the last decade.
Infobip has operations in over 60 locations worldwide and more than 600 direct connections with mobile network operators and recently proved itself as a Trusted Partner in The Global System for Mobile Communications Association’s (“GSMA”) Identity Revenue Initiative, increasing MNO revenues using digital identity technology.
OEP has deep experience driving transformative growth in the businesses in which it invests, and we’re thrilled to partner with this unique team as we expand Infobip. We believe that conversational user interfaces are transforming the way we interact with digital services, and this will forever change the way we interact with the world around us.
Silvio Kutic, CEO, Infobip