About Business Services sector in Sweden
The Business Services sector in Sweden comprises 4.54K companies, including 697 funded companies having collectively raised $1.46B in venture capital money and private equity. Out of these, 801 are Series A+ funded.
Business Services sector in Sweden has seen 496 acquisitions and 280 IPOs. This represents almost 17.1% of all such companies - which is higher than the 5.3% exit rate of tech companies in general.
This sector includes companies offering business services, implementation, consulting and reselling services.
Companies offering various business services such as HR Services, Marketing Services, IT Services, and IT Resellers Companies offering enterprise software
Top Business Services Companies in Sweden
There are 4,535 Business Services startups in Sweden which include Assa Abloy, Minut, Enea, Ework Group, Securitas. Out of these, 697 startups are funded, with 801 having secured Series A+ funding.
Over the past 10 years, an average of 160 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Stanford University, University of California (Berkeley) and University of Cambridge.
Here is the list of top Business Services startups in Sweden
1. Assa Abloy
Provider of cloud-based access control systems. It provides users with a technology platform for cloud-based access control. Its offerings include door-opening products and services in areas such as mechanical and electromechanical locking, access control, identification technology, entrance automation, and hotel security for the institutional, commercial, and consumer markets.
Key facts about Assa Abloy
- Founded Year: 1994
- Location: Stockholm (Sweden)
- Stage: Public
- Investors: Wellington Partners Venture Capital, Latour and 1 Other
- Latest Funding Round: Grant (prize money), Mar 07, 2022, $*****
- Tracxn Score: 70/100 What is this?
- Competitors Rank: 4 of 603 Competitors
2. Minut
Developer of security sensors for residential buildings. It can detect motion, glass break, temperature, humidity, mould, light, and noise. It can also recognize other alarms, and notify users when the existing smoke or CO detector goes off. Additionally, it comes with tamper protection and a built-in siren, for scaring away intruders. Point connects to phone over Wi-Fi or Bluetooth and can interface with Google Assistant or another IFTTT compatible smart home device.
Key facts about Minut
- Founded Year: 2014
- Location: Malmo (Sweden)
- Stage: Series B
- Total Funding till date: $30.7M
- Investors: KPN Ventures, Almaz Capital and 15 Others
- Latest Funding Round: Series B, Dec 08, 2023, $*****
- Tracxn Score: 63/100 What is this?
- Competitors Rank: 2 of 82 Competitors
3. Enea
Network operating system for enterprises. It offers a real time operating system for embedded systems and a communication protocol for telecom industries to handle signals between telephone networks. It provides an open-source NFV platform and embedded software solutions to telecom operators, carriers, OEMs, system integrators, and enterprises. Its offering includes IoT security, traffic management, messaging security, data management, insights, and more.
Key facts about Enea
- Founded Year: 1965
- Location: Stockholm (Sweden)
- Stage: Acquired
- Investors: Herald Investment Management and Quinary Investment
- Tracxn Score: 61/100 What is this?
- Competitors Rank: 83 of 119,122 Competitors
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4. Ework Group
Key facts about Ework Group
- Founded Year: 2000
- Location: Stockholm (Sweden)
- Stage: Acquired
- Investors: Creades and Oscaria Capital
- Tracxn Score: 59/100 What is this?
- Competitors Rank: 3 of 160 Competitors
5. Securitas
Provider of security services and risk intelligence solutions. It offers a variety of security services, including on-site guarding, mobile patrols, fire and safety, aviation security, and electronic security. The company also provides risk intelligence services, integrating data-driven insights with expert analysis to deliver actionable intelligence for organizations. Technology plays a key role in its security solutions, with offerings such as remote video solutions and a dedicated operations center. Advisory services in security and corporate risk management are also provided.
Key facts about Securitas
- Founded Year: 1934
- Location: Stockholm (Sweden)
- Stage: Public
- Investors: Latour, Corda Campus and 1 Other
- Latest Funding Round: Grant (prize money), Dec 14, 2021, $*****
- Tracxn Score: 59/100 What is this?
- Competitors Rank: 2 of 3,415 Competitors
Companies founded year-on-year in the Business Services sector in Sweden
283 Business Services startups in Sweden were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | 3 |
2024 | 22 |
2023 | 74 |
2022 | 104 |
2021 | 230 |
2020 | 283 |
2019 | 241 |
2018 | 260 |
2017 | 211 |
2016 | 176 |
Stage-wise distribution of Business Services sector companies in Sweden
Out of the total 4,535 Business Services companies in Sweden, 697 have secured funding. Among them, 801 have reached Series A or higher, and 791 to Series B or beyond.
Founded - 4,535
Funded - 697
Series A+ - 801
Series B+ - 791
Series C+ - 788
Company Stage | No. of companies |
|---|---|
Founded | 4,535 |
Funded | 697 |
Series A+ | 801 |
Series B+ | 791 |
Series C+ | 788 |
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Funding Trends in the Business Services sector in Sweden
Total funding year-on-year in the Business Services sector in Sweden
The Business Services sector in Sweden saw a total funding of more than $654M in the last 10 years. The most amount of funding was in 2018 at more than $238M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $60M |
2024 | $35.2M |
2023 | $70M |
2022 | $24.9M |
2021 | $74.9M |
2020 | $22.5M |
2019 | $64.6M |
2018 | $238M |
2017 | $37.5M |
Recent Funding Rounds in Business Services in Sweden
In the year 2025, till July 2025, Business Services companies in Sweden have raised $58.3M in equity funding across 4 rounds.
In the same period last year (i.e. till July 2024), Business Services companies in Sweden had raised $2.73M across 6 rounds.
So, 2025 has seen a 2033.96% rise in funding in Business Services companies in Sweden as compared to 2024.
Here are some recent, important funding rounds in Business Services companies in Sweden:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 7293 | Jun 23, 2025 | ||
Seed | 9926 | May 23, 2025 | ||
Seed | 1744 | Apr 29, 2025 | ||
Series A | 7727 | Mar 21, 2025 | ||
Seed | 3089 | Oct 24, 2024 | and 2 more |
Top Investors in Business Services in Sweden
KKR is the top investor in Business Services companies in Sweden based on number of companies invested.
Here are some top investors in Business Services companies in Sweden:
Investor | Location | Top Portfolio Companies |
|---|---|---|
New York City (United States) | - | |
Uppsala (Sweden) | ||
New York City (United States) | - | |
Helsinki (Finland) | ||
Stockholm (Sweden) |
M&A activity in Business Services sector in Sweden
In the year 2025, till December 2025, 25 acquisitions happened in Business Services sector in Sweden. Last year, in 2024, a total of 50 acquisitions happened in Business Services sector in Sweden.
Here are some recent, important acquisitions in Business Services sector in Sweden:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Dec 19, 2025 | ||
Business Acquisition | Nov 13, 2025 | ||
Business Acquisition | Nov 07, 2025 | - | |
Business Acquisition | Oct 27, 2025 | ||
Business Acquisition | Oct 22, 2025 |
Acquisition trends in Business Services sector in Sweden
Here are the acquisition trends in Business Services sector in Sweden:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | 20 |
2024 | 50 |
2023 | 54 |
2022 | 75 |
2021 | 49 |
2020 | 20 |
2019 | 39 |
2018 | 52 |
2017 | 24 |
2016 | 29 |
IPOs in Business Services in Sweden
In the year 2025, till October 2025, 1 IPO happened in Business Services sector in Sweden.
Here are some recent, important IPOs in Business Services sector in Sweden:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Sep 30, 2025 | Stockholm Stock Exchange (STO) | |
Nov 10, 2023 | Stockholm Stock Exchange (STO) | |
Jun 03, 2022 | Frankfurt Stock Exchange (FRA) | |
Apr 01, 2022 | Stockholm Stock Exchange (STO) | |
Mar 27, 2022 | Stockholm Stock Exchange (STO) |
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Colleges which produce the most Business Services companies in Sweden
Companies founded by alumni from top colleges in the Business Services in Sweden
Most number of Business Services startups in Sweden have been founded by alumni from Stanford University, University of California (Berkeley) and University of Cambridge.
College | No. of companies |
|---|---|
Stanford University | 2 |
University of California (Berkeley) | 2 |
University of Cambridge | 2 |
BIT Mesra | 1 |
BITS Mesra | 1 |
Bocconi University | 1 |
Copenhagen Business School | 1 |
Harvard Business School | 1 |
Harvard University | 1 |
INSEAD | 1 |
Total funding in Business Services companies founded by alumni from top colleges in Sweden
In the last 10 years, Massachusetts Institute of Technology graduates' Business Services companies in Sweden have raised the most funding among top colleges. Stanford University alumni are second, and Lund University alumni are third.
College | Total Funding |
|---|---|
Massachusetts Institute of Technology | $68.2M |
Stanford University | $30.8M |
Lund University | $1.89M |
University of Gothenburg | $66.7K |
BIT Mesra | - |
BITS Mesra | - |
Bocconi University | - |
Copenhagen Business School | - |
Harvard Business School | - |
Harvard University | - |
Top News in Business Services in Sweden
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Arc Consulting Joins the Workday Sales Partner ProgramCision•Sep 10, 2025•ARC Consulting, Lyvia Group, Workday
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