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
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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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.
Supports housing developers from project start to occupancy
Leading platform for housing associations and community management
Funding Insights of Compare-IT
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2018 | Amount | Private Equity Round - Compare-IT | Valuation | Softhouse |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| 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.
| Investor | Description | Founded Year | Domain | Location |
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Softhouse is engaged in developing sustainable digital solutions for businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Solar panel installation services are provided in Sweden.
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Compare-IT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Compare-It Comparisons
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 |
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| domain | founded_year | HQ Location |
Home automation is enabled through internet-connected devices and sensors.
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| domain | founded_year | HQ Location |
Connected devices are managed via an app and hub system.
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| domain | founded_year | HQ Location |
Various connected devices are integrated via a smart home hub.
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| domain | founded_year | HQ Location |
Smart apartment management solutions are offered for managers and residents.
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| domain | founded_year | HQ Location |
Smart home automation systems and control apps are provided.
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| domain | founded_year | HQ Location |
A platform for rule-based automation of IoT applications is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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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.
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