Monterro

Monterro is a private equity firm based in Sweden that focuses on investing in Nordic software companies. Established in 2012, it aims to provide both financial support and active guidance to foster the growth of these companies. Monterro's three managing partners—Thomas Bill, Lars Sveder, and Peter Larsson—bring a wealth of experience in developing software enterprises. The firm primarily sources its capital from its founders and private individuals, reflecting a commitment to nurturing technology-driven businesses in the Nordic region.

Thomas Bill

Co-Founder and Managing Partner

Pauline Daremark

Operations

Fabian Folcker

Investment Manager and Partner

Per Ivansson

CTO

David Kuritzén

Investment Manager

Gustav Lagercrantz

Managing Partner

Madelene Magnusson

Team Assistant and Partner

Adam Prinselaar

Investment Associate and Partner

Johan Redtzer

Talent Manager

Krister Skoog

General Counsel, Chief Executive Officer and Partner

Lars Sveder

Co-Founder and Managing Partner

Anja Wik

CFO

14 past transactions

Umbraco

Acquisition in 2021
Umbraco - the simple, flexible and friendly ASP.NET CMS. For the first time on the Microsoft platform a free user and developer friendly CMS that makes it quick and easy to create websites - or a breeze to build complex web applications. Umbraco has award-winning integration capabilities and supports your ASP.NET User and Custom Controls out of the box. It's a developers dream and your users will love it too. Used by more than 60,000 active websites including Heinz.com, Peugeot.com, NAIAS.com and Microsoft's documentinteropinitiative.org, you can be sure that the technology is proven, stable and scales.

TimeEdit

Acquisition in 2020
TimeEdit AB develops and offers resources planning, scheduling, and managing software. It offers planning and preferences management, publishing and reservations, and analytics and reporting. The company was incorporated in 1999 and is based in Gothenburg, Sweden.

MaintMaster Systems

Acquisition in 2020
MaintMaster Systems AB develops and markets computerized maintenance management system (CMMS) to organize, plan, unify, and streamline the workflow. The system is used to maximize assets, minimize downtime, control costs, and streamline maintenance work. The company also offers mobile CMMS application that allows user to record information on real time. In addition, it offers integration service that integrates existing systems, such as accounts, stockroom, supplier, and purchasing. The company was formerly known as Aretics AB. MaintMaster Systems AB was founded in 1995 and is based in Linköping, Sweden.

Trapets

Acquisition in 2020
Trapets AB is a Swedish company specializing in anti-money laundering (AML), KYC screening, and trade surveillance solutions for the global finance industry. Founded in 2000 and headquartered in Stockholm, with an additional office in London, Trapets is recognized as a market leader in Europe for securities market surveillance and AML compliance. The company offers a comprehensive platform known as InstantWatch, which includes various modules tailored for market surveillance, fraud detection, and business intelligence. Key modules such as InstantWatch Market, InstantWatch AML, and InstantWatch KYC facilitate real-time data analysis to help financial institutions meet compliance requirements and detect market abuse and fraud effectively. Trapets also provides expert consulting and training alongside its systems, ensuring clients are well-equipped to navigate the complexities of regulatory demands.

Viedoc

Acquisition in 2019
Viedoc is an Electronic Data Capture (EDC) application service provider for clinical trials and post-marketing surveillance (PMS). Viedoc changes the way you conduct clinical trials. It is an EDC system that is powerful and easy to learn. It has been used in over 1200 trials in more than 70 countries in all therapeutic areas and clinical phases since 2003.

Specops Software

Acquisition in 2019
Specops Software AB is a software vendor specializing in password management and security solutions. Founded in 2001 and headquartered in Stockholm, Sweden, the company provides tools such as Specops uReset and Specops Gpupdate, which facilitate password resets and key recovery, as well as solutions for authentication and operational software deployment. Additionally, Specops offers the Active Directory Janitor, a tool designed for network search and cleanup. With a customer base exceeding 3,000 organizations across more than 50 countries, Specops Software aims to enhance the functionality of Active Directory and Group Policy technologies. The company also has offices in Philadelphia, Pennsylvania; Toronto, Canada; and Nottingham, United Kingdom.

Itello

Acquisition in 2017
Itello - specialist within pension, insurance, and fund administration for the Nordic countries. Using our broad industry knowledge and expertise in system development, Itello builds new generation software solutions for the pension, insurance, and fund industry. Itello's solutions for pensions, insurance, and fund administration are modern, platform independent, and standard. Inca - for policy administration Business Logic Integrator for integration of policy schemes from brokers etc EQS for automated health declarations and risk assement.

Outpost24

Acquisition in 2016
Outpost24 AB is a network security company that specializes in vulnerability management solutions aimed at helping corporate and government clients address security risks and compliance needs. Founded in 2001 and headquartered in Karlskrona, Sweden, the company offers a range of services, including network security, web application security, cloud and container security, and compliance scanning. Outpost24 also provides penetration testing, managed services, education, and technical support. With a global presence that includes offices across Europe, the Middle East, Africa, Asia Pacific, North America, and South America, the company serves diverse sectors such as automotive, finance, healthcare, and technology. Outpost24's advanced solutions enable organizations to identify and mitigate vulnerabilities in their networks, with the capability to scan over 400 million IP addresses weekly and detect thousands of vulnerabilities daily, earning the trust of more than 2,000 clients worldwide.

Hypergene

Acquisition in 2016
Hypergene provides a web-based performance management solution. With their help, organizations can more effectively work towards defined goals and achieve a new, higher level of performance. The key is a product consisting of three interacting and user-friendly modules: Performance Management, Budgeting & Forecasting and Monitoring & Analysis.

Palette Software

Acquisition in 2015
The AP process affects many roles in an organization. Procedures are complex and unique to every industry. AP software has to be flexible enough to handle all the variables, be intuitive for users, and provide seamless integration. With feedback from over 3,500 clients and over 200,000 users worldwide, we have fine-tuned a solution that delivers flexibility, transparency and accountability to all the roles the AP process touches in an organization.

Mashie

Acquisition in 2015
Mashie is an entirely Internet-based business system for professional handling of meal production in restaurants and large-scale households. We take care of operation, maintenance and further development, and you log in easily via the Internet - no matter where you are and with your computer, reading pad or mobile phone. No installations! Mashie always strives to be in the forefront of user friendliness, availability, quality and customer benefit. Always listening to users is a matter of course in product development.

Grade

Acquisition in 2015
Grade AB, based in Stockholm, Sweden, specializes in e-learning solutions and talent management. The company offers a range of services, including training, survey tools, and consulting, aimed at enhancing learning and development within organizations. By integrating technology with educational practices, Grade supports businesses in managing and improving their workforce's skills and competencies.

Lundalogik

Acquisition in 2014
At Lundalogik we love CRM! Since the beginning of the 90’s we have helped companies to reach better results with the help of easy-to-use CRM solutions. Today Lundalogik are over a hundred colleagues and one of the largest CRM suppliers in the Nordic countries. We are a part of the Bisnode Group. We really are a true Nordic CRM-expert with offices in Sweden, Norway and Finland. Our employees combine more than 380 years of CRM-expertise.

Axiomatics

Venture Round in 2013
Axiomatics is the leading independent supplier of attribute based access control (ABAC) solutions. With a global customer base within healthcare, finance, manufacturing, insurance and the public sector the company offers proven authorization solutions that can be tailored to meet the demands of virtually any organization. The company, which is headquartered in Stockholm, Sweden and has offices in the US, has been a driving force behind standardized access control through its suite of XACML 3.0-based products. These are utilized by everything from Fortune 50 companies, national health authorities to universities, to securely share information across and/or within borders and boundaries, while complying with complex and ever-evolving regulations. By implementing these standardized solutions Axiomatics customers can also reduce IT development costs and time-to-market. The Axiomatics product suite includes the Axiomatics Policy Server, (APS) the Axiomatics Policy Auditor (APA) and the Axiomatics Reverse Query (ARQ) among others. The company also provides professional services within access control and its CTO has editorial responsibilities within the OASIS XACML Technical Committee. Axiomatics also provides security solutions for big data and cloud. Its solutions enable dynamic data masking and dynamic data filtering for a wide range of databases. Axiomatics solutions can be used to implement security controls such as Export Control legislation, privacy, GDPR, toxic combinations, and conflicts of interest policies.