Nordic Secondary Fund II has invested in Minut, a privacy-first smart home technology company specializing in monitoring solutions for short-term rentals.
Information on the Target
Minut, originally based in Sweden and incorporated in the United States, is a prominent player in the smart home technology sector. The company specializes in privacy-focused monitoring solutions designed specifically for short-term rental properties. By providing innovative devices that prioritize guest privacy, Minut enables property hosts to enhance safety and security without compromising the comfort of their guests.
Minut's mission centers on creating a seamless and secure experience for both hosts and guests, positioning itself as a leader in the surveillance technology market while respecting the privacy rights of individuals. Through its cutting-edge devices, the company delivers peace of mind to hosts, ensuring they can monitor their properties effectively without intruding on guests' privacy.
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Industry Overview in the Target’s Specific Country
The smart home technology industry in Sweden has experienced significant growth in recent years, driven by increased demand for advanced security solutions and the rise
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Nordic Secondary Fund II
invested in
Minut
in 2023
in a Growth Equity & Expansion Capital deal