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Categories: saas growth

Monterro releases its 2nd Nordic B2B SaaS benchmark report

83% of Nordic SaaS companies believe in accelerated or maintained growth rate in 2023, but shift focus to existing customers.

Monterro recently conducted its second growth study among Nordic B2B software companies. This year's study shows that over half of the companies (52%) believe in an accelerated growth rate in 2023, and about one in three (31%) in maintaining growth rates compared to 2022. At the same time, the companies' focus on profitability is increasing and they plan to grow on their existing customer base.

Tom-Erik von Krogh Martinsen, founder and CEO at Checkd.

SaaS company NEXT accelerates its expansion and acquires fast growing Norwegian Checkd. Together they form the most complete cloud-based business system for the construction industry.

Next One Technology, with market leading business system NEXT, acquires fast growing Norwegian SaaS company Checkd and their software for inspections and quality controls at construction sites. The merge enables construction and maintenace companies to get a complete, flexible and mobile business and project management system, while securing compliance of security and quality.

We turn Nordic software companies into global players.

Monterro is not your typical investment firm. We combine entrepreneurial spirit, business experience and personal networks to support the management teams it partners with. Based in Stockholm, Monterro is a hand-on growth investor targeting software companies in the Nordic region. Unlike other firms, who only invest other people’s money, the Monterro partners have a personal stake in each and every investment. We have skin in the game.

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