About Momentum
Momentum is a company based in Stockholm (Sweden) founded in 1994 was acquired by Mary BidCo in June 2022. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Momentum offers products and services including Momentum Fastighet and Momentum Energi. Momentum operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others.
- Headquarter Stockholm, Sweden
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Sectors
Business ServicesEnergy & Utilities 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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- Legal Name Momentum Software Ab
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Bas Invest
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Momentum
Momentum offers a comprehensive portfolio of products and services, including Momentum Fastighet and Momentum Energi. 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.
Software for managing property operations and tenant relations.
Tool for monitoring and optimizing energy usage data.
Funding Insights of Momentum
| 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 Momentum
Momentum has secured backing from 2 investors. Prominent investors backing the company include Bas Invest and Mary BidCo. 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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Bas Invest is engaged in private equity investments for growth.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Momentum
| 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 |
Financial Statements - Momentum
| 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 |
Momentum Comparisons
Competitors of Momentum
Momentum 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 Particle, ecobee, Signify, Landis+Gyr and Span.IO, 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 |
IoT connectivity platform from prototype to production is developed.
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Provider of smart thermostats for commercial and residential applications
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Energy-efficient smart lightbulbs are developed by Nanoleaf.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Momentum
Frequently Asked Questions about Momentum
When was Momentum founded?
Momentum was founded in 1994.
Where is Momentum located?
Momentum is headquartered in Stockholm, Sweden.
Who is the current CEO of Momentum?
Gustav Bouvin is the current CEO of Momentum.
What does Momentum do?
Momentum is involved in developing software solutions for property management and energy optimization. The company serves the real estate sector by offering tools like Momentum Fastighet for streamlining property operations, tenant communication, and leasing processes. Additionally, Momentum Energi is provided for monitoring energy consumption, reducing environmental impact, and supporting sustainability goals. Their solutions are designed to enhance profitability, improve tenant satisfaction, and facilitate digital transformation for over 500 property owners, primarily in Sweden. Integration capabilities and user-friendly interfaces are emphasized to ensure efficient workflows and data management across various property-related functions.
Who are the top competitors of Momentum?
Momentum's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does Momentum offer?
Momentum offers Momentum Fastighet and Momentum Energi.
Who are Momentum's investors?
Momentum has 2 investors. Key investors include Bas Invest, and Mary BidCo.