RebelDot, a software development company from Cluj, concluded the year 2023 with revenues exceeding 11.6 million euros (group level), marking a 40% increase from the previous year.

The accelerated growth in 2023 was primarily due to the expansion of its AI segment and an increase in customer referrals.

RebelDot anticipates maintaining its growth pace in 2024, projecting revenues over 15 million euros, driven by the expansion of its AI component in projects, technological partnerships for comprehensive solutions, and the strengthening of its presence in Denmark, the UK, and the DACH region (Germany, Austria, and Switzerland).

“This year, we are placing even greater emphasis on AI, on solutions powered by artificial intelligence, continuing our commitment in this direction, following the acquisition of Steepsoft AI, in order to provide our partners with a competitive edge in a dynamic global market,” says Tudor Ciuleanu, CEO of RebelDot. He notes that RebelDot’s AI solutions encompass Generative AI, Computer Vision, and Data Engineering, with significant expertise in Manufacturing, Energy, Financial/Insurance sectors. “The AI segment now represents up to 10% of RebelDot’s total business, but it is the fastest-growing sector. In 2023, this segment witnessed a 150% growth within the company, with the AI department now handling 2.5 times more business than at the time of Steepsoft AI’s acquisition, 10 months ago. It’s been gratifying to see that, although we did not seek national clients, numerous Romanian companies approached us this year for AI consultancy and services”.

The company’s plans for 2024 include opening new positions, focusing on maintaining high standards for working conditions and organizational culture. Since the beginning of the year, RebelDot has hired over 25 individuals.

For the current year, RebelDot aims to scale its current partnerships and client base while maintaining service quality, along with refining internal processes, increasing employee engagement, and upholding its organizational culture.

“Currently, we deliver projects for about 240 people, 80% of whom are employees of RebelDot and Steepsoft AI, with the rest being local collaborations. Last year, we welcomed about 50 new team members, and we continue to attract valuable individuals in 2024. We will invest in defining and refining internal processes that help us reach the next level of growth without diluting our organizational culture. We constantly seek feedback from our team and adapt in such a way that we remain both a reliable partner for our clients and a great place to work,” further adds Tudor Ciuleanu.

The increase in employee numbers is supported by plans to double the office space in Cluj-Napoca by early 2024 and by expanding the company presence in the UK and Denmark, alongside enhancing its service offerings. This involves integrating AI components in more projects and additional skills necessary to become a one-stop-shop for companies needing a dedicated tech partner. The company also aims to expand its team in Business Analyst area, with experts in key verticals, grow its data engineering department, and enhance its IoT and IIoT (Industrial Internet of Things) skills.

In the approximately four years since its launch, RebelDot has grown to a team of over 200 engineers, designers, and product managers working in a hybrid mode from various parts of the country and abroad, with branches in Cluj-Napoca and Oradea, as well as in Copenhagen.

Share

Share