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Aciety is a private search engine to find top software companies and developers from Europe. Companies within Aciety provide complete software solutions or dedicated engineering teams. The company is based in Kaunas, Lithuania.

Background
There is little transparency in software development industry. It’s characterized by a great number of middlemen, resulting in overpricing and improper matching. For example, 41% of executives in EU start a new selection process once contracts end and 8% consider only other providers due to dissatisfaction with the delivered service. The high risks, communication and cultural issues suggest the companies to prefer in-housing as opposed to outsourcing. Yet, local talent pool is significantly smaller, sometimes lacks specific competences and might be more expensive. As a response back in 2011 Aismantas Bulanavicius founded Aciety. It got major Lithuanian publicity due to being the first to successfully use crowdfunding to fund its business in Lithuania.

Media Description
The media describes Aciety as an easy way to find carefully selected software companies and developers:

"In all it’s simplicity, the platform offers two things; an alternative sales channel for suppliers, which would be SME IT agencies, whereas for customers Aciety is an easy route to outsource any projects that require IT know-how. In addition, customers can earn from leads they submit to the database. The quality of the platform is ensured through careful selection of IT service providers based on clients, recommendations, portfolios, specializations, revenues per employee and code QA. Aciety is also working on increasing amounts of tangible performance metrics for tracking" - ArcticStartup.

"A B2B search engine for high-end IT services. This year they are looking forward to raising a seed round of $300,000'' - The Next Web.

Crowdfunding
Aciety is considered as the pioneer of crowdfunding in Lithuania:

"Aciety first pioneered in Lithuanian crowdfunding – they developed a financial derivative convertible loan agreement (CLA) and executed a personal crowdfunding campaign in which they raised more than €40,000 in seed funding from 35 crowd-investors. They officially launched on the 11th of April, 2014, and currently have an IT developer database" - ArcticStartup.

"Aciety started its crowdfunding in 2011. That year can be considered as the beginning of crowdfunding in Lithuania" - BznStart.

Presence in San Francisco
Aciety has established its presence in San Francisco, California by having its team members residing in the city in rotating 3 month shifts.

"Aciety establishes its presence in Silicon Valley" - BznStart.

Achievements & Recognition
Aciety has won Briliant Young Entrepreneurs 2014 contest and the 15k EUR award in Lithuania:

"A global IT specialists platform has won the Brilliant Young Entrepreneurs 2014 contest" - Lrytas.

"Brilliant Young Entrepreneur contest has been won by a global software companies platform Aciety" - 15min.

It has been included among the hottest Lithuanian businesses:

"Lithuania: Europe’s secret tech powerhouse?" - The Next Web..

"Aciety - a B2B marketplace for high-end IT services that won the ‘Hyndai Brilliant Young Entrepreneurs Challenge 2014 and now works with global clients like Expedia and providers like Adobe and HP" - ArcticStartup.