Swedish Software Undervalued Small Caps

Vitec Software Group

Market Cap: SEK 9.2b

Develops and delivers vertical software solutions in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally.

Enea

Market Cap: SEK 1.1b

Provides software products for telecom and cybersecurity industries worldwide.

Exsitec Holding

Market Cap: SEK 1.4b

Provides digital solutions to medium-sized companies in Sweden, Norway, Denmark, and Finland.

Truecaller

Market Cap: SEK 5.7b

Develops and publishes mobile caller ID applications for individuals and business in India, the Middle East, Africa, and internationally.

Proact IT Group

Market Cap: SEK 3.1b

Provides data and information management services with cloud services and data center solutions in Sweden, the United Kingdom, the Netherlands, Germany, and internationally.