Stockholm's PropTech Industry

Stockholm doesn’t just follow trends in sustainable innovation—it sets them, offering a blueprint for the cities of tomorrow. The future of sustainable building innovation and property maintenance begins in Stockholm!

As Sweden’s capital and tech powerhouse, Stockholm is home to a vibrant community of companies pioneering advancements in energy-efficient solutions, digital property management, and AI-driven design.

The World of Smart Building Technology

The contech and proptech sectors play a pivotal role in this growth. While contech (construction technology) focuses on optimizing the design, planning, and building processes, proptech drives efficiency and innovation in real estate management and services. Together, these sectors are revolutionizing how we design, build, and maintain infrastructure, enhancing both functionality and sustainability.

Stockholm exemplifies this success. The city hosts Europe’s largest information and technology cluster in Kista. With one of Europe’s highest startup rates, Stockholm is a natural hub for forward-thinking investors and entrepreneurs.

Stockholm’s success is supported by proactive government policies, a strategic innovation ecosystem, and regional collaborations such as Stockholm Business Alliance - a partnership of 55 municipalities. Among them is Linköping, the winner of the European Capital of Innovation Award 2023 in the “European Rising Innovative City” category. Linköping actively invests in IoT technologies and smart solutions, accelerating the green transition and improving quality of life through data-driven infrastructure enhancements.

Stockholm: A Leader in Sustainable Urban Living

For investors, Stockholm presents an unparalleled opportunity. The city’s combination of cutting-edge technology, world-class clusters, and commitment to sustainability makes it an ideal market for those seeking both financial returns and a positive global impact. Investing in Stockholm’s built environment is about more than profits—it’s about contributing to a smarter, greener, and more innovative future.

According to former European Central Bank President Mario Draghi’s widely discussed competitiveness report, Sweden exemplifies how a strong social model and a thriving technological environment can be mutually reinforcing. With a tech sector more than twice as productive as the EU average, Sweden demonstrates that targeted programs for creating high-quality jobs, combined with well-skilled workers living in affordable cities, are key drivers of success. Draghi highlights that integrating high-quality employment with robust social protection and redistribution is a fundamental value of the EU model—one that must be preserved to enable the EU’s transformation into a more technologically advanced society.

A hub for leading proptech companies

Stockholm is home to a diverse ecosystem of proptech companies, ranging from emerging start-ups to some of the industry's leading players.

Here are a few companies driving innovation and shaping industry trends both in Sweden and globally:

Avy

The leading residential platform in the Nordic region, simplifying daily life for nearly 400,000 households through a comprehensive solution covering everything from move-in to move-out. Avy operates through both app and web platforms, providing solutions that support property companies and residents.

Devward

Develops building automation products aimed at increasing energy efficiency in commercial buildings. Their Smart RoomHub is a multi-sensor IoT device with built-in AI that analyzes indoor occupancy and air quality to control temperature, ventilation, and lighting—promoting a better indoor climate and reducing energy consumption.

Openpoint

A digital platform designed for project collaboration, where all involved parties can access and work with shared data in real-time. It uses digital twins to manage measurements, reducing the need for physical site visits.

ProptechOS

A vast ecosystem of partnered applications built on the open-source foundation of RealEstateCore. It provides property owners with the tools to transform their real estate portfolios into innovative, data-driven, and optimized hubs.

Tryva

Specializes in connected safety solutions for properties. They offer wireless, internet-connected smoke detectors and water leak sensors that provide real-time alerts to residents, property managers, or emergency services.

Vyer Technologies

Offers a platform that allows users to create and share digital representations of building floor plans. Their service aims to make it easier to find information about indoor locations by making interior maps of buildings searchable and enriched with real-time data.