Monterro Growth
Growth equityStockholm · Growth · 72 people tracked
Also known as MONTERRO FUND MANAGEMENT AB
Investment thesis
Monterro positions itself as a hands-on investor built by company builders, exclusively focused on B2B software. It invests its own capital alongside founders and provides operational experience, know-how, networks and resources rather than capital alone. A central part of its approach is helping portfolio companies embed AI across product, development and operations through a dedicated AI team and its 'Infuse AI' program, which shares playbooks and patterns across 25+ portfolio companies. The firm emphasizes preparing software businesses to win in the AI era, working with founders who have already built real products and functioning businesses to accelerate scaling.
Source: firm website, verified Aug 18, 2026.
Team · 72 people
from the firm's websiteWhat they invest in
from 13 of 39 portfolio companiesSaaS ×12AI & Machine Learning ×5Enterprise Software ×4Cybersecurity ×2Digital Health ×2Fintech ×2Future of Work ×2HR Tech ×2
HQs:Sweden×3United States×1
Investments · 39 tracked
founders shown can be your intro pathAI platform providing plug-and-play automation and predictive action plans for the automotive value chain.
Cyber security company (invested 2013, divested 2022).
Bliksund is a European EmergencyTech company providing software for emergency and public safety operations, including situational awareness, resource management, documentation, and live video streaming.
Digital HealthGovTechSaaS
International restaurant tech company offering a cloud-based platform for the restaurant and hospitality industry.
Nordic provider of quality management systems (eQMS) for document and deviation management.
SaaS platform for nonprofits to manage memberships, communications, invoicing, events and donations.
Grade provides HR software covering the full employee lifecycle — recruitment and onboarding, learning and development, competence management, and employee pulse surveys — for organizations, primarily in the Nordics.
EdTechHR TechSaaS
Hypergene provides a cloud-based platform for financial planning and analysis (FP&A) and project and portfolio management (PPM), covering strategic planning, budgeting, forecasting, analysis, and reporting.
Enterprise SoftwareFintechSaaS
European SaaS company delivering solutions for digital marketplaces and car dealers.
Provides Lime CRM, one of the largest CRM suppliers in the Nordic region, targeting the SME segment (invested 2014, divested 2020).
Fintech company (invested 2017).
MaintMaster provides a CMMS (computerized maintenance management system) and OEE (overall equipment effectiveness) software from a single supplier, using AI to connect maintenance and production data to reduce downtime.
Advanced ManufacturingAI & Machine LearningSaaS
Matilda FoodTech provides a digital platform for managing the meal process, covering procurement, menu and recipe planning, production and distribution, reporting, and food safety.
AI & Machine LearningFoodTechSaaS
Milient provides project management software for project-based teams such as architects, engineers, IT consultancies, and professional services firms, covering the flow from offer to invoice, time tracking, resource planning, and knowledge management.
Enterprise SoftwareFuture of WorkSaaS
Provider of Treasury Management, ALM and Risk Management solutions for banks and financial institutions.
Next offers a project management system for the construction industry that covers the full project lifecycle from quote to invoice, helping construction firms plan, manage, and run profitable projects in one system.
Construction TechSaaS
Nimblr offers a security awareness training platform that uses behavioral psychology, real attack data, and AI to run simulated phishing attacks and short micro-training sessions aimed at changing employee behavior.
AI & Machine LearningCybersecuritySaaS
Cloud-based digital workplace software improving employee experiences for mid to large organizations.
Provides application and cloud security technology and services simplifying security needs of modern businesses (invested 2016, divested 2022).
Provider of AP automation software solutions to streamline financial processes, prominent in the Nordic region (invested 2015, divested 2021).
Pihr provides pay equity and pay transparency software that automates pay equity audits, job evaluation, and salary benchmarking, alongside rewards advisory services for compliance with local regulations.
Enterprise SoftwareHR TechSaaS
PLAYipp offers a digital signage platform for creating, scheduling, and publishing content to digital screens, with drag-and-drop editing, templates, and integrations with tools like Microsoft Teams, SharePoint, Google Calendar, and Instagram.
Enterprise SoftwareFuture of WorkSaaS
Swedish project tool and business system for the construction and installation industry.
Cloud platform for property, real estate, and facility management (IWMS).
SaaS solution eliminating inefficiencies in meeting and event management.
Digital sales and visualisation (CPQ) tool for kitchens, bathrooms and automotive.
Cyber security company (invested 2019, divested 2021).
Global leader in lifecycle management and optimization for aerospace and defense.
Norwegian ERP system for SMBs in warehousing/logistics, production, sales and service.
Santa Monica, US
Anthony Kewitsch(Executive Officer, Director)George Rakuljic(Executive Officer, Director)
Resource management suite for universities including planning, scheduling, room booking and analytics.
TimeXtender is a metadata-driven data management platform that automates integration, transformation, data quality, and orchestration to build governed, reusable data products for analytics and AI.
AI & Machine LearningData & InfrastructureSaaS
Trapets provides AI-driven technology to help organizations detect and prevent financial crime, offering early risk identification with transparent explanations behind each alert.
AI & Machine LearningCybersecurityFintech
Content management software company.
International exam and assessment solution for higher education via its cloud platform WISEflow.
Viedoc provides an electronic data capture (EDC) platform for clinical trials, featuring a low-code study designer and predictable pricing without per-seat fees.
Digital HealthHealthtechSaaS
Swedish software company helping industrial enterprises plan and manage Capex investments.
Frequently asked questions
- How many investments has Monterro Growth made?
- Monterro Growth has 39 tracked investments.
- What stage does Monterro Growth invest at?
- Monterro Growth invests at the Growth stage.
- What sectors does Monterro Growth focus on?
- Monterro Growth focuses on Enterprise Software, SaaS.
- Where is Monterro Growth located?
- Monterro Growth is headquartered in Stockholm, SE.
- Does Monterro Growth lead rounds?
- Yes, Monterro Growth leads investment rounds.
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