Swedish Software Potentially Undervalued Companies

Truecaller

Market Cap: SEK 15.5b

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

Avensia

Market Cap: SEK 369.7m

Provides e-commerce solutions in Sweden.

Sleep Cycle

Market Cap: SEK 529.2m

Engages in providing sleep tracking applications in Sweden.

CombinedX

Market Cap: SEK 686.8m

Provides technology solutions to companies and organizations.

Proact IT Group

Market Cap: SEK 2.5b

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 902.0m

Provides technical consultancy services in Sweden and internationally.

InfraCom Group

Market Cap: SEK 819.6m

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

Sinch

Market Cap: SEK 27.2b

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

B3 Consulting Group

Market Cap: SEK 480.2m

Operates as a consultancy company that provides IT and management consultancy services in Sweden.

White Pearl Technology Group

Market Cap: SEK 484.4m

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

Compodium International

Market Cap: SEK 51.2m

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

CAG Group

Market Cap: SEK 838.6m

Operates as an IT consulting company in Sweden.

DevPort

Market Cap: SEK 178.4m

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

SpectrumOne

Market Cap: SEK 70.9m

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

TalkPool

Market Cap: SEK 90.5m

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.

Checkin.Com Group

Market Cap: SEK 188.3m

Develops software as a service that allow its consumers to connect with brands and services online in Sweden and internationally.

Softronic

Market Cap: SEK 1.2b

Provides IT and management services in Sweden.

Novotek

Market Cap: SEK 913.7m

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 656.5m

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.

Curira

Market Cap: SEK 60.3m

Curira AB provides digitalization services.

Lime Technologies

Market Cap: SEK 4.4b

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

Generic Sweden

Market Cap: SEK 622.0m

A technology company, provides messaging services for all applications.

IAR Systems Group

Market Cap: SEK 2.3b

Provides programming processors in embedded systems and embedded security solutions in the United States, Japan, China, South Korea, the United Kingdom, Germany, France, Sweden, and internationally.

Binero Group

Market Cap: SEK 321.2m

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

Enea

Market Cap: SEK 1.5b

Provides software products for telecom and cybersecurity industries worldwide.

Skolon

Market Cap: SEK 873.3m

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

Knowit

Market Cap: SEK 2.9b

Operates as a consultancy company in Sweden and internationally.

Clavister Holding AB (publ.)

Market Cap: SEK 1.4b

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

Micro Systemation

Market Cap: SEK 1.1b

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

TietoEVRY Oyj

Market Cap: SEK 1.9b

Operates as a software and services company.

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.

Cint Group

Market Cap: SEK 2.3b

Provides software solutions for digital insights and research technology worldwide.

Teneo AI

Market Cap: SEK 285.0m

Provides Al-powered and automated d voice phone calls conversations solutions through its Teneo platform in Europe, the United States, and internationally.

Thinc Collective

Market Cap: SEK 32.1m

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

Advenica

Market Cap: SEK 869.2m

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

Safeture

Market Cap: SEK 184.7m

Operates as a software as a service company.