LAFT Software

LAFT Software

Property management, made smarter.

HQ location
Oslo, Norway
Website
Launch date
Employees
Enterprise value
$10—15m
Company register number
990452458
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DateInvestorsAmountRound
-investor

€0.0

round
investor

€0.0

round

NOK20.0m

Early VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
NOK20202021202220232024
Revenues00000000000000000000
% growth-28 %19 %16 %7 %
EBITDA00000000000000000000
Profit00000000000000000000
% profit margin(7 %)(38 %)(30 %)(14 %)21 %
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

Notes (0)
More about LAFT Software
Made with AI
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LAFT Software AS operates as a specialized provider of property management software in the Norwegian market, targeting both private and public sector clients who manage property portfolios of varying sizes. The company was established in 2010 by Jonas Havord and Ivar Jørstad. Their initial mandate was to create a system, which came to be known as IK-bygg, to digitize and simplify internal control processes for property managers, effectively replacing traditional methods like binders and spreadsheets.

Responding to positive customer feedback and a demand for more comprehensive features, the company expanded its offerings. The core of LAFT's business is a Software as a Service (SaaS) model, providing a centralized platform for property management. This platform integrates modules for Operations and Maintenance, Rentals, and Cleaning. It aims to streamline workflows by consolidating communication with tenants and contractors, handling building documentation, managing case reports, and processing work orders. Key features include a document archive, digital fire safety book, maintenance planning tools, and dedicated portals for tenants and suppliers. The company also leverages artificial intelligence to automate tasks like the input of routines and checklists.

In 2021, the company, formerly known as FDV-Bygg, rebranded to LAFT.io to reflect an increased focus on simplifying and streamlining building operations. That same year, it raised NOK 20 million (approximately $2.3 million) from investors including Hawk Infinity, Louis Poulsen, and Birger Magnus, which valued the company at NOK 85 million post-money. Following a period of reorganization, co-founder Jonas Havord returned to the role of CEO. The company serves over 200 clients and more than 30,000 active users, managing tens of thousands of buildings across Norway.

Keywords: property management software, proptech, SaaS, facility management, building operations, real estate technology, maintenance management, tenant communication, work order management, compliance management, digital documentation, Norwegian proptech, building maintenance, rental management, cleaning management, FDV-system, IK-bygg, Jonas Havord, property operations, asset management

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