Documaster

Enabling digital compliance

Company details

Year Aquired

2017

Location

Norway

Revenue (2018)

15 mSEK

Sector

SaaS / Big Data

Employees

31

Investment Themes

Tech-Enabled Businesses

Contact

If you want to know more about Documaster please contact Gisle Glück Evensen at: gisle.gluck.evensen@summaequity.com

Documaster is a Norwegian software company providing digital record management solutions, with core competence on digitalization, information management and cloud-based archiving of valuable data.

 

Challenge

The ongoing digitalization and exponential growth of data has made digital record management more complex, and the requirement for transparency and accountability has become increasingly important.

How do we solve it?

Documaster enables the management of
large amounts of data in cloud-based, easily retrievable, compliant archives. The technology strengthens democratic institutions byenforcing transparency and anti-corruption.

 

How do we improve?

To maintain a high product standard and ensure compliance, continued product development with attention to IT security and regulatory change is key. Successful adaptation to local regulations is crucial as Documaster enters new markets.

 

Value creation

Over 175 public sector organizations in the Nordics have been made systematically compliant with local regulations through Documaster’s solutions. Documaster has also developed and launcheda private sector offering, with five customers onboarded so far who have gained control over their data through Documaster’s solutions. The number of data sources per customer connected to Documasters’ services has almost doubled over the last year, which implies a positive trend in customers’ compliance.

Year Aquired

2017

Revenue (2018)

15 mSEK

Employees

31

Investment Themes

Tech-Enabled Businesses

Sector

SaaS / Big Data

Location

Norway

Contact

If you want to know more about Documaster please contact Gisle Glück Evensen at: gisle.gluck.evensen@summaequity.com

Website

Video

SDG Alignment
SDG Wheel
SDG 8
SDG 16
KPI reporting
SDG 8

REVENUE (SEKm)

2018
+40%
15
2017
10
SDG 16

MUNICIPALITIES COMPLIANT WITH NOARK 5

2018
+40%
175
2017
125
SDG 8

Private Sector Customers

2018
5
NA
SDG 16

NO. OF DATA SOURCES PR CUSTOMER

2018
+10%
1.69
2017
1.53