Compare-IT

Lund, Sweden Founded: 2005 • Age: 21 yrs
Smart solutions for automating residential and commercial buildings are developed.
Request Access

About Compare-IT

Compare-IT is a company based in Lund (Sweden) founded in 2005 by Martin Strandqvist.. Compare-IT has completed 1 acquisition, including SolarFuture. Compare-IT offers products and services including OurLiving Platform and Boappa. Compare-IT operates in a competitive market with competitors including SmartThings, Savant Systems, IOTAS, Dwelo and Aliste, among others.

  • Headquarter Lund, Sweden
  • Founders Martin Strandqvist
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Compare-IT

Compare-IT offers a comprehensive portfolio of products and services, including OurLiving Platform and Boappa. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Supports housing developers from project start to occupancy

Leading platform for housing associations and community management

Funding Insights of Compare-IT

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2018 Amount Private Equity Round - Compare-IT Valuation Softhouse
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Compare-IT

Compare-IT has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Softhouse. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Softhouse is engaged in developing sustainable digital solutions for businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Compare-IT

Compare-IT has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SolarFuture. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Solar panel installation services are provided in Sweden.
2020
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Compare-IT

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Compare-It Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Compare-IT

Compare-IT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SmartThings, Savant Systems, IOTAS, Dwelo and Aliste, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Home automation is enabled through internet-connected devices and sensors.
domain founded_year HQ Location
Connected devices are managed via an app and hub system.
domain founded_year HQ Location
Various connected devices are integrated via a smart home hub.
domain founded_year HQ Location
Smart apartment management solutions are offered for managers and residents.
domain founded_year HQ Location
Smart home automation systems and control apps are provided.
domain founded_year HQ Location
A platform for rule-based automation of IoT applications is offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Compare-It

Frequently Asked Questions about Compare-IT

When was Compare-IT founded?

Compare-IT was founded in 2005 and raised its 1st funding round 13 years after it was founded.

Where is Compare-IT located?

Compare-IT is headquartered in Lund, Sweden.

What does Compare-IT do?

Compare-IT was founded in 2005 in Lund, Sweden, as a Nordic company focused on smart building technologies. Residential and commercial structures are served through its Home Line control system, available in configurations suited to apartments or villas. Connected devices are interfaced for remote management, while energy consumption is measured for individual items or groups. Ecological impact is monitored via identification of high-energy usage, supporting efficiency in the smart home sector.

Who are the top competitors of Compare-IT?

Compare-IT's top competitors include Savant Systems, SmartThings and IOTAS.

What products or services does Compare-IT offer?

Compare-IT offers OurLiving Platform and Boappa.

How many acquisitions has Compare-IT made?

Compare-IT has made 1 acquisition, including SolarFuture.

Who are Compare-IT's investors?

Compare-IT has 1 investor. Key investors include Softhouse.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available