The goal of every business (tech and beyond) is growth. But managing a company’s growth requires careful planning and execution. From finding great talent and office space to setting the right objectives and managing budgets in the best way.
We know that business growth is a tough beast (Campus X’s Co-Founders have first-hand experience building and growing their own tech company). That’s why we provide everything needed for easy and stress-free growth. So that companies can focus on their business objectives rather than administrative and office management overheads (plus, we make it easier for them to find the right talent by partnering with the tech-ed organization Telerik Academy and the HR consultancy BICA Services).
1. Payhawk: from two coworking office desks to hyper-growth
The success story of Payhawk: The spend and expense management platform started from two desks in a shared office at Campus X and greatly expanded its team to 46 employees across 4 international offices (including the one in Sofia).
In 2020 alone, the company grew 10x and doubled its revenue in the first quarter of 2021. Following these achievements, Payhawk raised a record-breaking Series A financing round, the largest such round raised by a Bulgarian tech company to date. Now they are hiring 51 more like-minded people to join their fastly growing team.
The challenge: Due to the company’s rapid growth, the Sofia team needed to move to a bigger office space. Instead of spending lots of resources and managing all the hassle themselves, they leaned on Campus X’s flexible office offerings.
The solution: Campus X consulted Payhawk and helped the team move two times as they outgrew their office spaces at the time. The flexibility of Campus X’s offices allows companies to scale easily and cost-effectively without worrying about office management. Plus, our expert facility team assisted with the actual relocation, providing an easy and stress-free experience.
"Thanks to Campus X changing offices was as easy and seamless as it gets. This means we got straight back to work with no time or focus wasted on tedious relocation,” shares Tsvetina Yancheva, Digital Marketing Specialist at Payhawk.
2. Digital Lights: from 3 to 63 people in just three years
The success story of Digital Lights: If you drive a car produced by one of Europe’s top car manufacturers, then Digital Lights might have their humble contribution to the software in that vehicle. Digital Lights builds innovative software solutions for people, mobility, and commerce. The company started its journey by hiring three workspaces in a shared office at Campus X. Now they have their own office, which houses their greatly expanded team of 63 people.
The challenge: The fast growth of the company and its team meant that they needed a bigger office space to suit their evolving needs. Moreover, the company had ambitions to undergo a TISAX certification, which represents the highest security standard in the automotive industry.
The solution: Campus X consulted the company and provided them with the right office spaces, which suit their evolving needs. So that they can focus on their business instead of handling administrative and office management overheads.
Moreover, after close day-to-day collaborations with the Campus X team, Digital Lights became the first Bulgarian company certified for TISAX, which is great recognition in the sector.
“Campus X played a fundamental role in our security certification. The team was always there for us, helping with all the moving pieces and providing us with the solid foundation of establishing Digital Lights’ physical and digital security processes,” comments the CEO of Digital Lights Dimitar Dimitrov.
3. bunq: establishing their first office in Bulgaria
The success story of bunq: Back in 2012, Ali Niknam set out to radically change the traditional banking industry and create the bank of The free. The company he founded – bunq – became a fully-fledged bank by obtaining a license from the Dutch Central Bank (DNB) in 2014. This July the company raised 228 million dollars at a valuation of 1.9 billion dollars. This is the largest Series A round for a European fintech company.
The challenge: bunq wanted to expand and grow its team on international markets (beyond the headquarters in Amsterdam). Yet, they sought an office provider to allow them to focus on their business rather than all the overheads associated with setting up a company abroad.
The solution: In 2020, bunq set up its first office in Bulgaria at Campus X. Our team consulted them and helped them set up an office at the Campus in an efficient and hassle-free way. Starting with about 2 people, the company greatly expanded its team and moved to a private office for 79 people. Our end-to-end office experience included facility management services (including the highest class of safety measures during COVID-19), interior design services to help bunq transfer its unique culture, and more.
“When we were seeking to expand our operations to another country, we looked internally and externally to find a place where the culture was just as fun and friendly. It took us time. Then, we found what we were looking for - Sofia, Bulgaria, “ comments bunq’s HR Business Partner Kristiana Hadjilarska.
“Campus X really gave us the flexibility we are looking for in terms of more than an office space but also a community and services that enabled us to set up our first international office but also grow and scale up fast!
Campus X’s team has been helping us transfer our bunq culture into a vibrant integrated ecosystem and provided us the needed solutions prior to seeing the roadblocks to our operations,” she adds.
Campus X is your partner on the way to success
Campus X provides flexible office solutions and an all-inclusive office experience, which helps companies grow and accommodate new employees in an easy and cost-effective way. Businesses that experience explosive growth want to keep the focus on their clients/services and teams - not to lose time juggling with leases and managing office renovations and transitions. At Campus X, we got you covered with our fully custom workspace solutions and flexible office leases. Whatever you need, we deliver. Fast.