Open For Business Bootstrapped to €1B: Infobip, Croatia’s First Unicorn
Founded in 2006, Infobip quietly powers some of the world’s biggest brands, including Meta, Uber, and Microsoft, across more than 70 offices worldwide. CEO and Co-Founder Silvio Kutić joins us to unpack how Infobip bootstrapped its way to a billion euros in revenue before ever raising external capital, becoming Croatia’s first unicorn after a $200 million equity round in 2020.
We explore the company's early struggles, its pivot to a full-stack cloud communications platform, and the cultural foundations that enabled Infobip’s disciplined, international growth. Silvio also shares insights into Infobip’s strategic acquisitions, its competitive advantages in an evolving CPaaS market, and the role AI will play in future customer engagement.
Plus, we dive into how North America and Asia-Pacific fit into their global ambitions, their views on profitability, and whether an IPO could be on the horizon.
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