Minut

Malmo, Sweden Founded: 2014 • Age: 12 yrs
Security sensors for residential hazard detection are developed.
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About Minut

Minut is a company based in Malmo (Sweden) founded in 2014.. Minut has raised $30.71 million across 8 funding rounds from investors including Centrica, European Union and Smedvig Capital. Minut offers products and services including Indoor Noise Monitoring, Smoking Detection, Outdoor Noise Monitoring, and Indoor Climate Monitoring. Minut operates in a competitive market with competitors including RealPage, AppFolio, Entrata, Buildium and Johnson Controls, among others.

  • Headquarter Malmo, Sweden
  • Sectors
    Technology
    Business Services Energy & Utilities Travel & Hospitality Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Business Services → Facility, Security & Field Operations
Energy & Utilities → Energy Storage & Efficiency
Travel & Hospitality → Hospitality, Lodging & Accommodation
Real Estate & Construction → Property Technology (PropTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $30.71 M (USD)

    in 8 rounds

  • Latest Funding Round
    $5 M (USD), Series B

    Dec 08, 2023

  • Investors
    Centrica

    & 14 more

  • Employee Count
    Employee Count
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Products & Services of Minut

Minut offers a comprehensive portfolio of products and services, including Indoor Noise Monitoring, Smoking Detection, Outdoor Noise Monitoring, and Indoor Climate Monitoring. 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

Detects excessive noise to prevent disturbances in rental properties.

Identifies smoking to enforce policies and protect property.

Monitors external noise to avoid neighbor complaints in rentals.

Tracks temperature and humidity to prevent mold and save energy.

People of Minut
Headcount 50-200
Employee Profiles 16
Employee Profiles
People
Nils Erik Mattisson
CEO & Co-Founder
People
Johan Nystrand
Head of Product
People
Fredrik Ahlberg
Co-Founder, Head of Hardware, Hardware/Firmware Engineer
People
Amelia Power
VP, Global Sales

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Funding Insights of Minut

Minut has successfully raised a total of $30.71M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 8
  • Last Round Series B — $5.0M
  • First Round

    (01 Jun 2014)

  • Investors Count 15
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2023 Amount Series B - Minut Valuation Smedvig Capital
Mar, 2022 Amount Series B - Minut Valuation Almaz Capital
Apr, 2019 Amount Series A - Minut Valuation KPN Ventures
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 Minut

Minut has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Centrica, European Union and Smedvig Capital. 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
Institutional
Angel
Investor Description Founded Year Domain Location
Investment in private equity and venture capital since 1996.
Founded Year Domain Location
VC firm investing in early stage tech companies in the US & Europe
Founded Year Domain Location
Venture capital funding is provided for technology-driven industrial transformation.
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 Minut

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

Financial Statements - Minut

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

Minut Comparisons

Employees
+
Add Comparison
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Competitors of Minut

Minut 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 RealPage, AppFolio, Entrata, Buildium and Johnson Controls, 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
AI-enabled property management software is provided for residential properties.
domain founded_year HQ Location
SaaS-driven property management software for owners and residential property managers
domain founded_year HQ Location
SaaS-driven property management software is provided for owners and managers.
domain founded_year HQ Location
Cloud-based software for property and association management is offered.
domain founded_year HQ Location
Automotive batteries and HVAC equipment are manufactured and supplied globally.
domain founded_year HQ Location
SaaS-based management solutions are offered for commercial buildings.
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 Minut

Frequently Asked Questions about Minut

When was Minut founded?

Minut was founded in 2014.

Where is Minut located?

Minut is headquartered in Malmo, Sweden.

Is Minut a funded company?

Minut is a funded company, having raised a total of $30.71M across 8 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Jun 01, 2014.

What does Minut do?

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.

Who are the top competitors of Minut?

Minut's top competitors include RealPage, Entrata and AppFolio.

What products or services does Minut offer?

Minut offers Indoor Noise Monitoring, Smoking Detection, Outdoor Noise Monitoring, and Indoor Climate Monitoring.

Who are Minut's investors?

Minut has 15 investors. Key investors include Centrica, European Union, Smedvig Capital, Almaz Capital, and KOMPAS VC.

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