Sewio

→ HID 🇺🇸

€20M≈ CZK 500M

Instant noodles swapped for caviar.

Sewio was sold to HID (USA) in August 2024 for €20M (about CZK 500M). It ranks #46 among Czech tech exits with a disclosed price. Founded in 2014, it took 10 years to get there. The company was founded by Ľubomír Mráz and Milan Šimek. Investors: Y Soft Ventures.

Buyer

HID

Buyer country

🇺🇸 USA

Founded

2014

Founding to exit

10 years

Founders

Ľubomír Mráz, Milan Šimek

Investors

Y Soft Ventures

Converted

• 7.14 millionbeers
• 2 millionplates of svíčková
• 667Škoda Octavias
• 67Lamborghinis
• 56Prague flats
• 0.5superyachts
• 0.13tickets to the Moon