# Accedo Broadband

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/accedo-broadband

- Industry: Software
- Headquarters: Stockholm, Sweden
- Website: www.accedo.tv
- Total disclosed funding: $1.3M
- Latest round: Series A (Jun 18, 2007)
- Investors on record: 1

## About

Accedo Broadband AB specializes in delivering advanced streaming solutions and software, tailored for the media and entertainment sectors, enabling clients to enhance and manage their video services effectively.Founded in 2004, Accedo Broadband AB operates from Stockholm, Sweden, focusing on the development of innovative streaming technologies. The company was acquired by SEB Private Equity in June 2016 from Industrifonden, marking a significant pivot in its ownership structure. The firm was co-founded by Fredrik Andersson, Michael Lantz, and Mohit K, with Michael Lantz currently serving as CEO. Since its inception, Accedo has raised a total of SEK 9.000 mn, with its latest funding round being a Series A valued at SEK 9.000 mn from Industrifonden.Accedo specializes in providing comprehensive streaming solutions and software designed for media and entertainment leaders. Their core product offerings include a range of no-code and customizable cloud-based OTT video applications, facilitated through their flagship solution, Accedo One, which empowers clients to build, manage, and grow their video services with a user-friendly content management system (CMS). Additionally, Accedo offers a variety of modular application frameworks, including solutions for Android TV and other connected devices, aimed at optimizing deployment across platforms such as Apple TV, Roku, and Smart TVs. The company serves a diverse client base, including leading media operators, OTT service providers, and various sectors such as sports, healthcare, and hospitality, facilitating engagement across multiple digital touchpoints. Their products are primarily targeted towards markets in North America, Europe, and Asia-Pacific, where demand for sophisticated video streaming capabilities continues to grow.Accedo generated a revenue of SEK 20,874.2 mn for the most recent year of 2024, with an EBITDA of SEK -1,445.8 mn. Revenue streams are mainly derived from subscription-based models and partnerships with media companies and OTT service providers. Clients typically engage in multi-year agreements that encompass the use of Accedo's software solutions, which may include bespoke development services tailored to specific client needs. This transactional structure allows clients to access various software offerings based on their business requirements, including the use of Accedo One for OTT applications and other modular frameworks for connected TV solutions. By aligning their pricing structures with the value delivered through these services, Accedo supports clients in optimizing their video streaming operations while ensuring sustainable growth within their respective markets.Accedo Broadband AB plans to utilize the funds from their latest acquisition to propel continued growth and innovation. The company is focusing on expanding its product offerings, with new streaming solutions scheduled for launch in the coming years. Specific geographic regions targeted for expansion include North America and Asia-Pacific, where they aim to strengthen their market presence by 2025. The recent acquisition by SEB Private Equity will facilitate these initiatives and support the company’s ongoing development efforts.

## Funding rounds

- Series A, Jun 18, 2007, $1.3M — Industrifonden

## Investors

- Industrifonden (https://capitalatlas.ai/funds/industrifonden) — Series A