Starhive AB, a Stockholm-based SaaS company specializing in AI-powered IT management solutions, has secured SEK 50M in a Pre-Series A funding round to accelerate its commercial expansion.
Company Overview
Starhive AB, founded in January 2022 and headquartered in Stockholm, Sweden, operates as a remote-first company. This innovative business specializes in AI-Powered IT Asset Management (ITAM), IT Service Management (ITSM), and Enterprise Service Management (ESM). Initial development was significantly funded by founders through ToMat Invest AB.
Starhive's cloud-based platform, officially launched in March 2024 after two years of development, integrates AI capabilities, offering predictive functionalities for asset and service management. This platform combines the features of a data warehouse with a no-code app builder to mitigate data fragmentation and empower organizations to make informed decisions.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Sweden
The SaaS industry in Sweden is experiencing robust growth, driven by increasing digital transformation and the adoption of cloud-based solutions ac
Similar Deals
Pitchdrive → Stardust
2023
Re:nable → Re:nable
2022
Ventech
invested in
Starhive AB
in 2024
in a Pre-Seed Stage deal
Disclosed details
Transaction Size: $5M
EBITDA: $-3M
Net Income: $-3M
Enterprise Value: $19M
Equity Value: $15M
Multiples
EV/EBITDA: -7.4x
P/E: -5.5x