54 Software Startups in Sweden to Watch in 2020

Sweden's Software sector is booming. This year’s list of the best 54 Sweden Software startups is an eclectic mix of hyper-growth scaleups, small creative startups and everything in between.

The last update was made on January 21, 2023.

Curated by @gonsanchezs

Sweden 10+ employees Fast-growing

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Tink is a cloud-based platform that provides the infrastructure and data products that are enabling the future of financial services.

Stockholm   251-500   $105,615,958  


Sinch connects with customers and makes engagement personal with simple, programmable communication tools.

Stockholm   251-500   $12,000,000  

MAG Interactive

MAG Interactive is a Sweden-based mobile game and app development company.

Stockholm   11-50   $15,525,382  


ChromaWay is a platform which enables smart contracts and digital assets for financial applications and non-financial applications.

Stockholm   11-50   $14,809,866  


Adverty is the next generation advertising platform.

Stockholm   11-50   $4,657,790  


Tiptapp helps you move things in and out of your home.

Stockholm   11-50   $7,493,689  


Intelligent SaaS Textbooks with school customers in over 70 countries.

Stockholm   51-100   $7,132,058  


Billogram is a Sweden-based company that offers a simplified invoicing service for small and large corporations.

Stockholm   11-50   $11,201,421  

Embark Studios

Embark Studios is a games studio, on a mission to blur the line between playing and making.

Stockholm     $41,000,000  


Cint is a global insight exchange that enables community owners to provide consumer data to researchers, agencies and brands.

Stockholm   101-250   $17,426,168  


Scrive is the Nordic market leading solution for e-signing.

Stockholm   11-50   $1,951,315  


Magine is a cloud-based TV operator providing live, recorded and time shifted TV across all devices.

Stockholm   101-250   $58,268,537  


Mavenoid builds human-friendly troubleshooting software that helps people discover what’s wrong and how to fix it.

Stockholm   1-10   $1,900,000  


Heja is only app you need to easily handle communication between coaches, managers, parents and players.

Stockholm   11-50   $2,656,973  

Tacton Systems

Tacton Systems is a global vendor of sales and product configuration software and services.

Stockholm   101-250   $12,000,000  


Safello operates a bitcoin exchange and related services in the European market.

Stockholm   11-50   $2,079,731  


Upsales is a Marketing & CRM software company

Stockholm   51-100   $5,483,292  


Modcam uses computer vision and machine learning on device to track, monitor and analyse people, anonymously!

Malmö   1-10   $7,571,262  

Ingrid Cloud

Ingrid Cloud offers a cloud-based service (SaaS), providing customers with fully automated flow simulations.

Stockholm   11-50   $5,221,896  


ftrack is a scalable cloud-based project management solution used in the media & entertainment industry.

Stockholm     $3,500,000  


Database of a quarter-million math problems from all the country's math books

Gothenburg   1-10   $7,501,086  

1928 Diagnostics

Fighting antibiotic resistance with DNA analytics

Gothenburg   11-50   $6,253,142  


Using eyetracking and AI to detect dyslexia at the first years in school

Stockholm   11-50   $6,715,884  


Pangara is a freelancer platform connecting top tech freelancers in Southeast Asia with clients worldwide.

Malmö   11-50   $2,127,312  


Textual provides natural language generation for webshops and brands. Provided as a Saas service integrated in Shopify and PIM-systems.

Gothenburg   11-50   $1,294,151  


Neonode provides optical touch screen solutions for handheld consumer and industrial electronic devices in Sweden and internationally.

Stockholm   11-50   $37,401,486  


Earin is the smallest, wireless earbuds available on the market.

Malmö   11-50   $3,500,000  


PackBud is a global online transportation marketplace

Malmö   1-10   $901,229  

Alelion Energy Systems

Alelion Energy Systems AB was founded in 2006 to create product and system solutions in the revolutionary new lithium battery technology.

Gothenburg   11-50   $3,662,948  


Beactica is a drug discovery company utilising its proprietary methodologies to evaluate the interaction of molecules

Uppsala   11-50   $2,278,902  

Ciao Ciao Carsharing

Peer-2-peer carsharing service

Gothenburg   1-10   $32,315  


Twiik connects professional coaches, trainers, gyms and fitness influencers with clients.

Malmö   1-10   $238,189  


Lavapotion is a game studio based in Gothenburg with the goal to create amazing strategy game experiences.

Gothenburg     $1,162,874  


Etraveli is an Online Travel Agent (OTA) in the Nordic region, offering a wide range of airline tickets, hotel accommodations etc.

Uppsala   251-500    

Green Star Marine

Green Star Marine is developing to commercialize a disruptive electric propulsion system for water vessels.

Gothenburg     $53,845  


Designs, builds, operates & maintains user-friendly and energy-efficient technical solutions for buildings, industries & infrastructure.

Malmö   10001    


Seavus is a software development and consultancy company providing a full line of services for software implementation lifecycles.

Malmö   501-1000    


Aspiro is a media technology company redefining music consumption.

Malmö   101-250    


Online Platform for Self Servicing Ticketing and Event Hosting.

Malmö   1-10    


The business has been built upon the conviction that Internet and IP are the basis for all forms of communication.



Keypasco’s award winning solution has contributed to a paradigm shift within Internet security.

Gothenburg   11-50    


MindArk offers Entropia Universe, a 3D internet virtual platform that enables its users to develop and market virtual worlds or planets.

Gothenburg   11-50    

Trade Extensions

Trade Extensions is a software provider for the most complex and large scale strategic sourcing and optimization projects.

Uppsala   11-50    

Ozon Rides

Ozon rides shares the vision of light electric mobility as ride sharing for the sustainable future

Uppsala   11-50    

Alektum Group

Alektum Group provide you with credit management solutions that work.

Gothenburg   251-500    


Founded in 1999, Osstell manufactures and markets instruments that assess the stability of dental implants.

Gothenburg   11-50    


Bondtech develops, designs and manufactures unique dual drive extruders that eliminate the risk of grinding.

Gothenburg   1-10    


Schedaero is a Web-based aircraft and crew scheduling software system

Gothenburg   11-50    


Minc is the startup house in Malmö.

Malmö   1001-5000    

ExScale Biospecimen Solutions

ExScale Biospecimen Solutions specializes in processes and know-how for nucleic acid extraction from human tissue specimens.

Uppsala   43840    


Imint provides software solutions for real-time video enhancement and analysis.

Uppsala   11-50    


Advenica develops, manufactures and sells advanced cybersecurity solutions.

Malmö   101-250    

POA Pharma Scandinavia

POA Pharma Scandinavia is a market-oriented Boutique Healthcare Company.

Gothenburg   11-50    

Stena Oil

Stena Oil AB wholesales and distributes marine fuel oil.

Gothenburg   11-50    

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