FER Students’ Software Company Listed Among Fastest Growing Companies

Lauren Simmonds

There is a lot to be said about this little country when it comes to breeding talent. From the sporting world to the development, technology, medical and innovation world, Croatia is known for providing the world with incredible minds. Two ex FER students and their remarkable business accomplisment have continued to do nothing else but prove that.

As Novac writes on the 21st of August, 2019, a software company called Repsly, co-founded by two former FER students, Marko Kovač and Marko Linke, has just been listed on Inc. 5000, the prestigious American list of the fastest growing companies.

The respected American business magazine, Inc., creates a new list each year which ranks the world’s companies by comparing their revenue growth from 2015 to 2018. Repsly, the company started by two ex FER students which is often called the “Facebook for merchants,” enjoyed revenue growth of 388 percent in three years, and was ranked in 1086th place, in the company of major global companies that were also ranked there, including the likes of Microsoft, Dell, Domino’s Pizza, Timberland and LinkedIn.

”I think listing it in such a good position is a great recognition of the quality of work we do at Repsly and is an additional motivation for the whole team,” said Marko Kovač, ex FER student and co-founder of Repsly, an application used by 1,100 companies in as many as eighty countries around the world, including famous retailers such as Adidas, Keune and Mid-Wisconsin Beverage (the Pepsi manufacturer).

It is used by merchants who can then track the sales of their products directly through the app itself. Repsly generates between five million and ten million US dollars in revenue each year, and employs more than fifty people in its Zagreb and Boston (USA) offices.

Kovač and Linke, who know each other from their student days at Zagreb’s well known FER, left the management of the company in the hands of American citizen Matthew Brogie several years ago, with whom Novac recently had an interview. Considering the fact that they are “an American company with a subsidiary in Zagreb”, Magazine Inc. listed them in this year’s ranking.

”The entire Repsly team has worked hard to achieve this level of growth. We’re excited to reach the next level! We have grown to more than fifty people and 1000 customers and we’re ready to grow even faster as we become better at solving the problems of larger companies. We’ll use our position of one of the fastest growing software companies to reach more customers and solve their problems in a more innovative way,” concluded Repsly’s American CEO, Matthew Brogie.

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