Investment AB Spiltan Increases AktivBo Stake
Investment AB Spiltan is investing a further €1 Million in AktivBo Group, the Swedish developer of a survey and analytics platform for the global real estate industry.
The growth capital will be used to accelerate technology development and scale up the international expansion of the PropTech company, which uses data-driven analytics to provide real estate companies with benchmarking capabilities and actionable customer insights for improved profitability and customer experience. The platform generates comprehensive data over a long period of time which generates new opportunities for AI and machine learning.
AktivBo is a market leader in Sweden and Germany, operates in six other countries and is engaged by more than 450 real estate companies. In 2020, the company reported a turnover for 2020 of SEK 50 million (US $6 million).
Jon Svensson, AktivBo Group CEO, comments: “Last year we launched our new platform, AktivBo Analytics, and are incredibly pleased with the response we have received, both in Sweden and internationally.
“Now we’re moving up to the next level. With this capital injection, we can launch exciting new services, accelerate technology development and continue to grow in more markets.”
Per Börjesson, CEO of Investment AB Spiltan which has invested in AktivBo since 2009, adds: “Spiltan invests heavily in both technology and real estate companies. We therefore see great potential in AktivBo.
“Thanks to AktivBo, real estate owners can improve customer satisfaction, make smarter investments, increase operational efficiency and achieve better bottom-line results. As a result of the share issue, we can move our position in the company forward and increase our ownership.”