MVT Solutions Group

What MVT Solutions Group does

MVT Solutions Group LTD is a privately held Croatian digitalization consultancy founded in 2016 in Zagreb, operating with 1–10 employees and serving enterprise and government clients across Europe and the Middle East (notably Croatia and the UAE). The company combines AI, IoT, and digital-transformation engineering to deliver custom hardware and software solutions, with a recurring-revenue angle through two proprietary platforms: IoTaaP, an IoT infrastructure and device-management platform, and FUDO, a digital HACCP/food-safety platform targeting restaurants, hotels, and food-production operators. Engagement scope spans food production and HoReCa (primary), healthcare and life sciences (primary), medical-device and government-health buyers (e.g., UAE DOH ventilator eBreather), and technology/energy clients (custom AI-driven battery optimization for AKI).

Revenue mechanics blend project-based professional services for custom builds with subscription/recurring income from the IoTaaP and FUDO platforms. The sales motion is consultative and direct: enterprise sales through case studies, client logos, and contact-form CTAs, supported by ISO 27001 and ISO 9001 certifications that function as enterprise-sales prerequisites rather than moats. The customer base is concentrated among a small number of named anchors — Hilton, Al Jaraf Fisheries, Innotech, AKI, and UAE DOH — and the company formalized vertical consolidation in April 2024 by acquiring DHM - Digital Horeca Manager. Founder Ivan Golubic remains at the helm alongside a general manager (Luka Beban) and a head of sales (Marko Matijevic). Capital structure is lean, with roughly $107,000 raised across three disclosed rounds in 2016, 2018, and 2019 and no parent company or institutional investor disclosed in the source material.

Name

MVT Solutions Group

Legal name

MVT Solutions Group LTD

Website

https://mvt-solutions.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

MVT Solutions Group is a Zagreb-based digitalization consultancy (founded 2016, 1–10 employees) that builds custom AI, IoT, and digital-transformation solutions for enterprise and government clients, anchored by its IoTaaP IoT platform and FUDO food-safety platform.

Ownership category

akta.pro rank

Product category

IoT & AI Digital Transformation Solutions

NAICS

Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

AI/ML Engineering & Model Development Services (BPAEAHAF)

Keywords

• IoT platform development
• Digital transformation services
• Custom AI solutions
• HACCP food safety
• IoT product engineering

Headquarters

HQ city

Zagreb

HQ country

Croatia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Custom Hardware and Software Development: The company develops custom solutions for clients including hardware and software products, digitalization platforms, and IoT systems. Revenue is generated through project-based custom development engagements.
2. IoTaaP Platform: Proprietary IoT platform offered as a product/solution to clients requiring IoT infrastructure
3. FUDO Platform: Digital HACCP and food safety platform for the hospitality industry

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

MVT Solutions Group develops and delivers custom AI, IoT, and digital transformation solutions combining proprietary software platforms (IoTaaP IoT platform and FUDO HACCP/food safety platform) with bespoke hardware and software engineering. Offerings span industry-specific digitalization projects — IoT infrastructure, connected medical devices, AI-driven monitoring and optimization algorithms — delivered to enterprise and government clients.

Product overview

MVT Solutions Group offers a portfolio of specialized products including IoTaaP (an IoT platform for device management and data collection) and the FUDO Platform (a digital transformation platform), complemented by custom hardware and software development services for industry-specific digitalization projects.

Differentiator

Problem solved

Functional benefit

Brands

• IoTaaP: IoT Platform - A product offering in the IoT space
• FUDO Platform

Products and services

• IoTaaP Platform IoTaaP is MVT Solutions Group's proprietary IoT platform providing Internet of Things infrastructure, connectivity, device management, data collection, and analytics capabilities for enterprise clients building connected solutions. It is offered as a standalone product line under the IoTaaP sub-brand (iotaap.io).
• FUDO Platform FUDO Platform is MVT Solutions Group's digital platform for HACCP and food safety management, targeting the hospitality, restaurant, and food production (HoReCa) industries. It enables digitalization of food safety and production workflows, as deployed at enterprise customers such as Hilton.
• Custom Hardware and Software Development Services Bespoke hardware and software engineering, including IoT and AI-enabled product development, from market analysis through full product development. Delivered on a project basis to enterprise and government clients in hospitality, food production, healthcare, aquaculture, technology, and energy.
• eBreather IoT Ventilator System Custom-developed, fully connected IoT ventilator hardware-software system built by MVT Solutions Group for the UAE DOH (Dubai Health Authority), combining embedded IoT connectivity with medical device design for real-time monitoring in clinical settings.

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Bosch IoT: Industrial IoT platform and solutions suite from a global incumbent. Overlaps with MVT's IoTaaP capabilities but addresses a far broader market with bundled hardware/software.

Direct peers

• Ubidots: IoT platform for device management, data collection, and analytics — directly comparable to the IoTaaP platform in product functionality and target use cases.
• SoftServe: Custom software development and digital transformation provider with strong Eastern European delivery centers, AI/IoT practices, and enterprise/government customers. Highly comparable in services model and geographic positioning.
• FoodLogiQ: Food safety and supply-chain compliance platform serving food production and hospitality customers. Directly comparable to the FUDO digital HACCP platform.
• Thoughtworks: Custom software and digital transformation consultancy with deep AI/IoT engineering capabilities for enterprise and government clients. Comparable services model, target buyer profile, and technology mix to MVT.
• Endava: Global IT and digital transformation services firm with strong custom software, IoT, and AI engineering practices serving enterprise clients. Directly comparable to MVT in services-led AI/IoT delivery, though at vastly larger scale.
• SafetyChain: Food safety and quality management software for food production and hospitality. Overlaps with FUDO in digitalizing HACCP, food safety, and production compliance workflows.
• Infinum: Croatia-based custom software and digital product development firm. Closest geographic and scale peer to MVT, sharing the Zagreb tech ecosystem and custom product engineering model.

Emerging players

• Losant: IoT platform focused on device management and data workflows for enterprises. Comparable to IoTaaP at the platform layer, though Losant is more horizontally positioned.

Regional players

• Asseco: Large Central European IT services and software group with strong presence in Croatia/Balkans and a broad enterprise/government portfolio. Comparable regional positioning, though much larger and more diversified.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/mvt-solutions-group

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MVT Solutions Group