Swedish Software Potentially Undervalued Companies

Truecaller

Market Cap: SEK 9.1b

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

Sleep Cycle

Market Cap: SEK 472.5m

Engages in providing sleep tracking applications in Sweden.

Avensia

Market Cap: SEK 308.9m

Provides e-commerce solutions in Sweden.

Enea

Market Cap: SEK 1.3b

Provides software products for telecom and cybersecurity industries worldwide.

Proact IT Group

Market Cap: SEK 2.6b

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

Prevas

Market Cap: SEK 962.5m

Provides technical solutions in Sweden, Denmark, Finland, and internationally.

Sinch

Market Cap: SEK 23.4b

Provides cloud communications services and solutions for enterprises and mobile operators.

InfraCom Group

Market Cap: SEK 691.1m

Provides cloud-based telephony, IT, and network services.

CAG Group

Market Cap: SEK 784.9m

Operates as an IT consulting company in Sweden.

SpectrumOne

Market Cap: SEK 63.6m

A technology company, provides z`data management, analytics, and communications platform suites to append and analyze customer data in Sweden.

Compodium International

Market Cap: SEK 41.5m

A technology company, provides secure digital communication services in Sweden.

White Pearl Technology Group

Market Cap: SEK 676.7m

Engages in selling various technology solutions and products in Sweden, Africa, the Middle East, Asia, and Latin America.

TalkPool

Market Cap: SEK 77.3m

Provides network design, engineering, implementation, and managed services to telecommunications operators, system vendors, and prime contractors in Europe, the United States, the Middle East, and internationally.

Cint Group

Market Cap: SEK 1.1b

Provides software solutions for digital insights and research technology worldwide.

Novotek

Market Cap: SEK 854.4m

Novotek AB delivers solutions in the industrial IT and automation areas in Sweden, Norway, Denmark, Finland, Benelux countries, the United Kingdom, Ireland, and Switzerland.

Done.ai Group

Market Cap: SEK 511.6m

Provides cloud-based AI–accounting/enterprise resource planning platform to automate business administration and allow for data driven decision making for small, medium, and large companies in Norway, Sweden, rest of Europe, Canada, and internationally.

Qlosr Group

Market Cap: SEK 1.3m

Offers IT solutions to companies and schools in Sweden.

Curira

Market Cap: SEK 60.3m

Curira AB provides digitalization services.

Advenica

Market Cap: SEK 619.3m

Develops and sells security solutions for defense and authority, and business customers in Sweden, Finland, Austria, and internationally.

DevPort

Market Cap: SEK 136.0m

Engages in the product development, production development and supply chain management, and digital solutions businesses in Sweden.

Yubico

Market Cap: SEK 8.1b

Provides authentication solutions for use in computers, networks, and online services.

Generic Sweden

Market Cap: SEK 558.1m

A technology company, provides messaging services for all applications.

Binero Group

Market Cap: SEK 283.8m

Develops and delivers cloud and platform services in Sweden, Norway, Denmark, and Finland.

Knowit

Market Cap: SEK 3.0b

Operates as a consultancy company in Sweden and internationally.

Skolon

Market Cap: SEK 716.7m

A Software as a Service (SaaS) company, develops a digital platform for schools.

CombinedX

Market Cap: SEK 681.8m

Provides technology solutions to companies and organizations.

Upsales Technology

Market Cap: SEK 516.9m

Operates as a software-as-a-service company that develops and sells web-based business systems with a focus on sales, marketing, and analysis in Sweden and internationally.

Micro Systemation

Market Cap: SEK 1.2b

Provides forensic technology for mobile device examination and analysis in Sweden and internationally.

TietoEVRY Oyj

Market Cap: SEK 2.1b

Operates as a software and services company.

Clavister Holding AB (publ.)

Market Cap: SEK 1.1b

Develops, produces, and sells cybersecurity solutions in Sweden, rest of Europe, Asia, and internationally.

Provide IT Sweden

Market Cap: SEK 14.8m

Provide IT Sweden AB (publ), a digital production agency, develops Web and mobile applications in collaboration with advertising agencies.

Nodebis Applications

Market Cap: SEK 228.7m

Provides digital support services in Sweden and the Nordic region.

Thinc Collective

Market Cap: SEK 31.2m

Offers systems, communication, and structure services in Sweden and internationally.

Lime Technologies

Market Cap: SEK 4.5b

Provides software as a service (SaaS) based customer relationship management (CRM) solutions in the Nordic region.

Vitec Software Group

Market Cap: SEK 12.2b

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