Founded in 2005 in Athens by Marios Stavropoulos and Argyris Kaninis, Softomotive, produces software that gives businesses and organizations the opportunity to automate time-consuming and monotonous tasks, allowing employees to work on more valuable, creative, and profitable projects.
2020 was a record year for Greek tech
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Oddly enough, 2020 was a banner year, with the sale of InstaShop to Delivery Hero valuing the company at $360 million, making it the largest exit for a Greek-founded startup with operations in Greece.
Only a few months after the announcement of Softomotive’s acquisition by Microsoft, Instashop’s acquisition sets a new record for the Greek tech ecosystem and is expected to further support the growth of entrepreneurial tech activity in Greece.