Swedish Software Potentially Undervalued Companies

Truecaller

Market Cap: SEK 9.2b

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

Sleep Cycle

Market Cap: SEK 476.5m

Engages in providing sleep tracking applications in Sweden.

Avensia

Market Cap: SEK 306.6m

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 2.7b

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 979.3m

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

InfraCom Group

Market Cap: SEK 692.8m

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

Sinch

Market Cap: SEK 23.2b

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

White Pearl Technology Group

Market Cap: SEK 647.8m

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

Compodium International

Market Cap: SEK 42.7m

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

CAG Group

Market Cap: SEK 788.4m

Operates as an IT consulting company in Sweden.

SpectrumOne

Market Cap: SEK 52.4m

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

TalkPool

Market Cap: SEK 81.3m

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.

Generic Sweden

Market Cap: SEK 555.6m

A technology company, provides messaging services for all applications.

CombinedX

Market Cap: SEK 679.8m

Provides technology solutions to companies and organizations.

Novotek

Market Cap: SEK 888.3m

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 526.4m

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.

Cint Group

Market Cap: SEK 1.2b

Provides software solutions for digital insights and research technology worldwide.

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 636.0m

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

DevPort

Market Cap: SEK 142.6m

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

Vertiseit

Market Cap: SEK 1.9b

A retail tech company, operates digital in-store platform in Europe.

Binero Group

Market Cap: SEK 286.3m

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

Yubico

Market Cap: SEK 8.1b

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

Knowit

Market Cap: SEK 3.1b

Operates as a consultancy company in Sweden and internationally.

TietoEVRY Oyj

Market Cap: SEK 2.1b

Operates as a software and services company.

Upsales Technology

Market Cap: SEK 527.0m

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 1.3b

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

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 230.5m

Provides digital support services in Sweden and the Nordic region.

Teneo AI

Market Cap: SEK 290.5m

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 32.9m

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

Lime Technologies

Market Cap: SEK 4.7b

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

Vitec Software Group

Market Cap: SEK 12.7b

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