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Puzzle

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Open-source technology services for business-critical applications

Bern, SwitzerlandFounded 1999Other B2B Software
Valuation $50–100M Last recorded · 2023
Revenue $1–10M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Puzzle and the history behind them.

About Puzzle

Founded in 1999, Puzzle ITC is an IT service provider specializing in open-source technologies for business-critical applications and infrastructures. The company manages the entire lifecycle of these systems, from initial consulting and application development to platform engineering and infrastructure management. With a team of over 140 employees across offices in Bern, Zurich, Basel, and Tübingen, Germany, Puzzle ITC serves a diverse client base, including notable strategic partnerships with BLS Railway and SBB in Switzerland.

The company's service portfolio is extensive, covering digital transformation, software architecture, infrastructure and cloud solutions, AI and data analytics, IT security, and specialized services for the mobility sector. A core focus is on platform engineering, utilizing technologies like Red Hat OpenShift, Kubernetes, and Docker to create scalable container platforms. Their offering, "APPUiO", is a Swiss container platform based on Red Hat's OpenShift. Additionally, they provide Linux system engineering with an emphasis on automation tools like Ansible and Terraform, and support for operating systems such as RHEL and Rocky Linux. Puzzle ITC is also committed to the open-source community, developing its own solutions like "Hitobito" for member management and "Cryptopus" for secure data storage.

The business operates by delivering customized solutions and managed services, allowing clients to focus on their core activities while Puzzle ITC ensures the smooth operation of their IT systems. The company was established as a small open-source software firm and has since grown into a successful SME, consistently championing open standards and technologies.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1999
Headquarters
Bern, Switzerland
Employees
110
Open positions
1
Dealroom signal
72.4/100
Industry
Enterprise Software
Sector
Other B2B Software, Open Source
Business model
SaaS
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Feb 2023 $15M $60M Felicis · Village Global · Sterling Road · FOG Ventures ↗
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Puzzle website traffic

Latest recorded traffic for Puzzle is 12K monthly website visits, up 31.9% over the last three months. Puzzle's team grew 4.8% over the past year.

Latest monthly visits12K 3-month web change+31.9% 1-year team growth+4.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A8 investors entered at this stage

Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇨🇭 Switzerland85.4%
🇺🇸 United States11%
🇩🇪 Germany2.4%
🇫🇷 France1.2%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Puzzle on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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