# Minut

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/minut

- Industry: Consumer Products
- Headquarters: Malmo, Sweden
- Website: www.minut.com
- Total disclosed funding: $46M
- Latest round: Series B (Dec 7, 2023)
- Investors on record: 13

## About

Minut, Inc. specializes in privacy-safe property monitoring solutions, enhancing the rental experience for hosts and guests through advanced sensor technology that tracks environmental factors while ensuring privacy.Founded in 2014 in Malmo, Sweden, Minut, Inc. provides monitoring solutions for property management. The company has successfully completed 9 deals, with the most recent being a Series B funding round on December 7, 2023, where they raised USD 5.000 mn from various investors including Smedvig Capital and Almaz Capital Partners. The CEO, Nils Mattisson, is one of the co-founders along with Fredrik Ahlberg and Marcus Ljungblad.Minut offers a suite of privacy-safe monitoring solutions designed to protect properties and enhance the rental experience for both hosts and guests. The company's core product includes advanced sensors that monitor environmental factors such as noise levels, humidity, and smoking activity, providing real-time insights through a centralized dashboard. These sensors do not record sound or visuals, ensuring privacy while addressing potential disturbances like excessive noise or smoking, which can lead to property damage and neighbor complaints. Targeted primarily at property managers, landlords, and rental hosts, Minut's solutions are utilized across various geographical markets, including urban areas in North America and Europe, where short-term rentals are prevalent. By focusing on transparency and responsible management, Minut helps users foster positive relationships with guests and tenants while maintaining compliance with local regulations.Minut generates revenue through a subscription-based model, allowing clients to access its monitoring services and features. Clients, including property management companies and individual landlords, typically engage in agreements that involve monthly or annual subscription fees for the use of the monitoring technology. This transactional structure facilitates ongoing support and access to real-time data insights, essential for effective property management. The company’s flagship offerings are designed to provide users with actionable insights while minimizing operational complexities. Pricing plans are structured to accommodate various client needs, ensuring flexibility and scalability for users managing different types of properties.In December 2023, Minut, Inc. raised USD 5 million in Series B funding from investors including Smedvig Capital and Almaz Capital Partners. The company plans to use this funding to support growth and accelerate the pace of innovation in property technology and services for the entire travel industry. Future initiatives will include upcoming new product launches aimed at enhancing their monitoring solutions, as well as strategic expansion into new markets across North America and Europe to capitalize on the growing short-term rental sector.

## Funding rounds

- Series B, Dec 7, 2023, $5M — Smedvig Capital, Almaz Capital, SOSV, Karma Ventures, KPN Ventures, Zenith Group, Verve Ventures, Kompas
- Series B, Feb 2, 2022, $25M — Almaz Capital, SOSV, HAX, Karma Ventures, KPN Ventures, Zenith, Swiss Immo Lab, Verve Ventures
- Series A, Jul 29, 2019, $8M — Centrica Plc, SOSV, Karma Ventures, KPN Ventures, Nordic Makers
- Series A, Apr 12, 2019, $5M — SOSV
- Seed, Nov 22, 2017, $2.5M — SOSV, Karma Ventures, Nordic Makers
- Seed, Jul 8, 2016 — SOSV, HAX, Nordic Makers
- Seed, Jul 1, 2014, $0M — SOSV, HAX

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed, Series A, Series B
- HAX — Seed, Series B
- Nordic Makers (https://capitalatlas.ai/funds/nordic-makers) — Seed, Series A
- Karma Ventures (https://capitalatlas.ai/funds/karma-ventures) — Seed, Series A, Series B
- Centrica Plc — Series A
- KPN Ventures (https://capitalatlas.ai/funds/kpn-ventures) — Series A, Series B
- Almaz Capital (https://capitalatlas.ai/funds/almaz-capital) — Series B
- Zenith — Series B
- Swiss Immo Lab — Series B
- Verve Ventures (https://capitalatlas.ai/funds/verve-ventures) — Series B
- Smedvig Capital (https://capitalatlas.ai/funds/smedvig-capital) — Series B
- Zenith Group (https://capitalatlas.ai/funds/zenith-group) — Series B
- Kompas (https://capitalatlas.ai/funds/kompas) — Series B