Mitigram
- Company typePrivate
- Founded2014
- HeadquartersStockholm, Sweden
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
Mitigram firmographics
Firmographics- Name
- Mitigram
- Legal name
- Mitigram AB
- Website
- https://mitigram.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Mitigram industry classification
Industry- Product category
- Trade Finance Software
- NAICS
- Securities and Commodity Exchanges (52321), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Algorithmic Trading & Execution Platforms (FSAFANAN)
Keywords
Where Mitigram is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices2 records
Markets served
Mitigram business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription: Annual subscription fees for platform access, invoiced in advance. Clients pay fees for access to the Finance Marketplace, Transaction Manager, and Data & Insights modules. Fees are outlined in individual Order Forms.
- Transaction-based fees: Platform facilitates transactions worth billions of dollars; potential for transaction-based revenue models tied to volume of trade finance flows processed.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS platform with custom pricing |
| Other | Annual | Platform access and usage |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Mitigram product offering
Product offeringCore offering
Mitigram operates a digital trade finance platform that connects corporates with over 1,000 banks globally for end-to-end management of letters of credit, guarantees, SBLCs, and receivables. The platform combines a multi-bank Finance Marketplace for RFQ comparison and pricing, a Transaction Manager for workflow execution from planning to reconciliation, and Data and Insights analytics for market intelligence. It is delivered as a cloud-native SaaS solution on Microsoft Azure with API-based connectivity to SWIFT, EBICS, and partner channels.
Product overview
Mitigram is a digital trade finance platform consisting of a unified core platform with multiple integrated modules. The core Mitigram Platform enables end-to-end trade finance management including LC, guarantees, SBLCs, and receivables. Finance Marketplace (MitiSquare) serves as the digital marketplace connecting corporates with 1000+ banks globally for multi-bank RFQ and risk coverage. Transaction Manager (MitiManager) provides the enterprise-level transaction ledger for end-to-end workflow execution. Data and Insights module delivers embedded PowerBI analytics and market intelligence. Alfred is an AI agent that automates pricing request capture and workflow structuring for bank trade desks. The platform integrates via SWIFT, EBICS, and API connectivity to enable interoperability with existing bank systems without requiring banks to use Mitigram directly.
Differentiator
Problem solved
Functional benefit
Brands
- Alfred: An AI agent designed to address trade finance's persistent challenge of turning fragmented bank risk pricing requests and communications into structured intelligence that inform pricing decisions.
- MitiManager
- MitiSquare
Products and services
- Mitigram Platform Digital trade finance platform for corporates connecting them with banks to manage end-to-end transactions including letters of credit, guarantees, SBLCs, and receivables.
- Finance Marketplace (MitiSquare) Digital marketplace connecting corporates with 1,000+ banks in developed and emerging markets for trade finance pricing, risk coverage, and multi-bank RFQ processing.
- Transaction Manager (MitiManager) End-to-end transaction ledger for managing trade finance workflows from planning through reconciliation, providing full visibility and control over the complete trade finance portfolio.
- Data and Insights PowerBI-based analytics and reporting module providing real-time market intelligence, pricing trends, liquidity, counterparty risk data, and customizable reports for trade finance decision-making.
- Alfred AI Agent AI agent designed for banks to capture incoming trade finance pricing requests from email and transform them into structured trade intelligence workflows without requiring system integration.
Quantifiable outcome
- 40% cost savings on LC confirmations
- +6 more outcomes
Companies that use Mitigram
Customer profileNamed customers16 records
Segments4 records
Ideal customer profiles2 records
Mitigram technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability7 records
Feature6 records
Mitigram partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Trade TechnologiescoreStrategic partnership to offer unified, end-to-end trade finance solution combining automation, market intelligence, and professional services. Integrates both platforms to eliminate rekeying and provide real-time transaction visibility across US, UK, Germany, Turkey, Asia, Nordics, and wider European markets.
- MineHub TechnologiescoreMOU to collaborate on digital trade finance solutions for global commodities market. Links MineHub's real-time logistics and ESG data with Mitigram's trade finance network spanning over 100 countries, enabling in-transit cargo as live collateral for banks.
- UniCreditcoreEBICS integration enabling Brückner Group to process guarantees 67% faster. Banks can connect via EBICS without needing to use Mitigram directly.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Mitigram competitors and assessment
Company assessmentDirect peers
- Contour (formerly Voltron): Contour is a bank-led digital trade-finance platform for letters of credit built on R3 Corda. Mitigram's CEO previously served as CPO at Contour, and both target multi-bank LC digitization with network-effect go-to-market.
- TradeIX / Marco Polo Network: TradeIX powers the Marco Polo Network for trade-finance and working-capital flows on distributed ledger rails. It directly competes with Mitigram in digital trade-finance execution among corporates and global banks.
- Trade Technologies: Trade Technologies offers outsourced trade-finance automation and services for corporates and banks globally. It is both a Mitigram strategic partner (June 2026) and a direct competitor for LC processing and workflow automation.
- Bolero International: Bolero provides electronic trade-finance messaging, document handling, and presentation workflows. It targets the same corporate and bank users as Mitigram with multi-bank electronic LC and document digitization.
- Komgo: Komgo is a blockchain-based trade-finance network connecting corporates, banks, and commodity traders for KYC, digital documentation, and financing. Like Mitigram, it operates a multi-bank platform for trade-finance execution and document exchange.
Emerging players
- Traydstream: Traydstream applies AI/ML to trade-document checking, TF compliance, and LC scrutiny. It overlaps with Mitigram's Alfred AI-agent and OCR capabilities in automating trade-finance document workflows.
- Fineon Exchange: Fineon Exchange is a trade-finance marketplace connecting exporters with banks and investors. It competes with Mitigram's Finance Marketplace for multi-bank RFQ and risk-coverage distribution.
- MineHub Technologies: MineHub provides blockchain-based logistics and ESG data for commodities supply chains and is now partnered with Mitigram (April 2026). The two combine logistics and trade-finance data, and MineHub is increasingly adjacent to Mitigram's commodities trade-finance use case.
Broad incumbents
- Surecomp: Surecomp is an established provider of trade-finance and back-office software for banks and corporates. It overlaps Mitigram in LC automation, multi-bank workflow, and compliance, with a much broader incumbent footprint.
- Finastra: Finastra is a large incumbent financial-software vendor with trade-finance and transaction-banking modules. It serves similar bank and corporate buyers as Mitigram across trade-finance digitization.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Mitigram social profiles
Digital presenceMitigram compliance and trust
Trust signalCompliance4 records
Mitigram financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mitigram leadership team
Management profileNumber of profiles
Profiles8 records
Mitigram funding detail
Funding detailFunding overview
Funding rounds5 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mitigram M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mitigram
What does Mitigram do?
Mitigram operates a digital trade finance platform that connects corporates with over 1,000 banks globally for end-to-end management of letters of credit, guarantees, SBLCs, and receivables. The platform combines a multi-bank Finance Marketplace for RFQ comparison and pricing, a Transaction Manager for workflow execution from planning to reconciliation, and Data and Insights analytics for market intelligence. It is delivered as a cloud-native SaaS solution on Microsoft Azure with API-based connectivity to SWIFT, EBICS, and partner channels.
Is Mitigram a public or private company?
Mitigram is a private company. It is classified as venture growth investor backed and is currently operating.
When was Mitigram founded?
Mitigram was founded in 2014. It employs 51 to 100 people.
Where is Mitigram based?
Mitigram is headquartered in Stockholm, Sweden, in the Europe region.
How does Mitigram make money?
Two revenue lines are on record. SaaS Subscription is the primary driver. The others are transaction-based fees.
Who are Mitigram's main competitors?
Direct peers on record are Contour (formerly Voltron), TradeIX / Marco Polo Network, Trade Technologies, Bolero International and Komgo. Emerging players are Traydstream, Fineon Exchange and MineHub Technologies. Broad incumbents are Surecomp and Finastra.
Does Mitigram have an API?
Yes. Mitigram offers API-based connectivity to communicate with counterparties via web, email, SWIFT, EBICS, and other partner channels. Banks do not need to use Mitigram to transact, enabling interoperability with existing bank systems.
What industry is Mitigram in?
Mitigram's product category is Trade Finance Software. Its primary akta.pro industry code is FSAFANAN, Algorithmic Trading & Execution Platforms. Its NAICS code is 52321 and its SIC code is 6199.