Novacura

What Novacura does

Novacura AB is a privately held Swedish software company founded in 2005 that builds low-code workflow automation software, marketed as Novacura Flow, designed to extend IFS Cloud and Infor M3 enterprise resource planning (ERP) systems without modifying their core. The platform combines a visual workflow designer (Flow Studio), prebuilt ERP connectors, mobile and offline-capable applications, and an 'AI on Rails' governance framework, and is recognized by IFS as a 'Partner Application.' Novacura also operates an Application Marketplace of prebuilt apps for warehouse management, production/MES, field service, and returnable packaging. Recent product additions include the Flow ERP Fusion AI Engine for natural-language-to-workflow generation and an IFS Migration Tool that automates conversion of legacy Flow applications to IFS Cloud.

The company serves asset-intensive enterprises — primarily in manufacturing, logistics, mining, field service, and construction — through a combination of direct enterprise sales, an IFS Gold Channel Partner agreement covering the Nordics and Baltics, and a partner network including Columbus, TPA, and Exsitec. Revenue is generated through a mix of recurring subscriptions (Flow Connect cloud billed monthly in advance; Base Applications on 12-month terms), perpetual software licenses with 20% annual maintenance, custom development, and professional services for IFS implementation, upgrades, and managed services. Pricing is quote-based and not publicly disclosed.

Novacura operates through wholly-owned subsidiaries in 10 countries (Sweden headquarters, plus Poland, Benelux, Norway, Finland, Germany, Switzerland, North America, Sri Lanka, and Australia), employs 160+ people with deep IFS consulting expertise, and serves approximately 237 customers across 74 industries. The company is led by CEO and co-founder Johan Melander and co-founder and Product Manager Petter Larsson, has been awarded IFS Channel Partner of the Year three times (2017, 2019, 2022), and achieved ISO/IEC 27001:2022 certification in 2025. No external funding rounds or parent company are disclosed.

Name

Novacura

Legal name

Novacura AB

Website

https://novacura.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

Novacura is a privately held Swedish software company that builds the Novacura Flow low-code platform to extend IFS Cloud and Infor M3 ERP systems with mobile workflows and AI-assisted automation, serving asset-intensive enterprises across manufacturing, logistics, mining, and field service.

Ownership category

akta.pro rank

Product category

Enterprise Low-Code Workflow Automation Platform

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511), Computer Systems Design Services (541512), Other Computer Related Services (541519)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373), Services-Management Consulting Services (8742)

akta.pro primary industry

Enterprise Application UX, Portals & Low-Code Extensions (BPAEAGAM)

akta.pro secondary industries

Digital Process Automation (DPA) & Orchestration Suites (HDAEAHAF), ERP Implementation & Systems Integration Services (BPAEAGAA)

Keywords

• Low-code platform
• ERP integration software
• Workflow automation
• Mobile ERP applications
• IFS implementation services

Headquarters

HQ city

Hovås

HQ country

Sweden

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription (Flow Connect): Cloud-based subscription access to Novacura Flow platform including Flow Server, Studio, Runtime, and Portal components. Monthly service fees billed in advance.
2. Base Applications: Standardized template applications provided for free or as paid subscriptions. Some available as free templates; subscription-based applications charged annually (12-month terms).
3. Customized Applications: Base Applications modified by Novacura for specific customer requirements. Customization fees agreed in Sales Order; monthly Service Fee applies for ongoing use.
4. Development Services: Fixed monthly consultancy hours for customization or development of applications, subscribed to per Sales Order.
5. Maintenance & Support Services: Application Management Services (AMS) including service, maintenance, and business administration. Annual maintenance fee of 20% of accumulated License Fee for perpetual licenses.
6. IFS Implementation & Consulting: Professional services including pre-study/feasibility studies, implementation, upgrades, ERP integration, and ERP usage efficiency audits.
7. Subscription Software License: On-premise perpetual license with annual maintenance (20% of license fee). Feature releases may be issued monthly and are included in maintenance.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels10 records

Core offering

Novacura develops and sells Novacura Flow, a low-code workflow automation platform that extends enterprise ERP systems (primarily IFS Cloud and Infor M3) with mobile applications and business workflows. The platform enables asset-intensive enterprises to bridge the gap between core ERP and frontline operations without modifying the underlying ERP, while providing AI-powered workflow automation, ERP connectors, and industry-specific applications. The company also provides IFS implementation consulting, Application Managed Services, and AI implementation services as an IFS Gold Channel Partner.

Product overview

Novacura is a low-code workflow automation and BPM platform provider that extends ERP systems without core modifications. The core product is Novacura Flow, available as Flow Connect (modern cloud version) and Flow Classic (legacy version). Flow integrates natively with IFS Cloud and Infor M3 ERPs via prebuilt connectors and APIs. Industry-specific solutions include warehouse management, production/MES, field service management, and returnable packaging management. AI capabilities are delivered through the Flow ERP Fusion AI Engine (converting natural language to workflows) and AI Agents for ERP-embedded automation. The company offers IFS implementation and support services as an IFS Gold Channel Partner, along with Application Managed Services and professional services for AI implementation. A marketplace provides pre-built applications.

Differentiator

Problem solved

Functional benefit

Brands

• Novacura Flow: Low-code platform for extending ERP systems with mobile apps and workflows, recognized as a 'Partner Application' for IFS.
• Novacura Flow Connect

Products and services

• Novacura Flow Connect Low-code workflow automation and BPM platform that extends ERP systems (IFS Cloud and Infor M3) with mobile apps and workflows; enables users to build ERP applications without programming skills via Flow Studio and integrates with ERP via deep OData connectors.
• IFS Implementation & Support Full-service IFS consulting including pre-study/feasibility studies, implementation, upgrades, application management services, ERP integration, customization, and ERP usage efficiency audits; delivered as an IFS Gold Channel Partner since 2015.
• AI Agents Implementation Service Service to automate processes and decision-making with AI-powered workflows integrated into IFS or Infor M3, implementing the AI on Rails approach within a controlled enterprise framework.
• Flow ERP Fusion AI Engine Domain-optimized AI engine designed specifically for IFS Cloud API that converts natural language workflow descriptions into functional FlowScripts and OData integrations, enabling rapid workflow development.
• IFS Migration Tool for Flow Tool that automates conversion of Flow applications from IFS Applications to IFS Cloud by converting SQL/PL-SQL blocks into FlowScript blocks, typically cutting migration effort by more than 50%.
• Flow Marketplace Pre-built applications library for IFS and Infor M3 including ready-to-use apps for warehouse management, production reporting, field service, and returnable packaging; features free templates and subscription-based applications.
• Warehouse Management Industry-specific app optimizing inventory, picking, and warehouse operations with real-time IFS/Infor M3 integration, available for both IFS and M3 environments.
• Production / MES Software Shop floor mobile work orders, operations reporting, and production efficiency apps that improve shop floor reporting, data accuracy, and production efficiency with ERP-connected apps.
• Field Service Management Mobile-first field service management with scheduling, workforce efficiency, and offline mode capabilities for managing field service, work orders, and real-time monitoring.
• Returnable Packaging Management System (RPMS) Tracks and manages returnable assets with real-time visibility and automated workflows, optimizing returnable packaging operations with ERP integration.
• Flow Connect Upgrade Service Migration service to upgrade from Flow Classic to Flow Connect, including transition to modern cloud architecture with OData connectors.
• Application Managed Services (AMS) Ongoing service, maintenance, and business administration for Novacura Flow applications including monitoring and support services; annual maintenance fee of 20% of accumulated License Fee for perpetual licenses.
• Product Support Technical support desk with qualified personnel accessible via online support center for the Novacura Flow platform and applications.

Quantifiable outcome

• Reduced ERP reporting time by 85% and saved 10,000 hours annually (Kohberg Bakery Group)
• +3 more outcomes

Named customers18 records

Segments8 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability8 records

Feature7 records

Partnerships

One partnership is on record.

• IFScoreChannel Partner/ Reseller/ Distributor · 1 January 2015IFS Gold Channel Partner since 2015. Channel Partner Agreement covers Nordic region (including Baltics) where Novacura resells and co-sells IFS Cloud. Novacura has been awarded IFS Channel Partner of the Year three times (2017, 2019, 2022). Novacura Flow is recognized as a 'Partner Application' for IFS.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Mendix (Siemens): Mendix is a low-code application platform owned by Siemens that competes for the same 'extend the ERP' use case Novacura targets, with broader cross-ERP reach and deeper enterprise backing.
• Appian: Appian is a process automation and low-code platform targeting enterprise workflow modernization. Its positioning overlaps with Novacura's BPM/workflow value proposition, particularly in regulated and asset-intensive industries.
• Workato: Workato is an iPaaS and workflow automation platform that competes in the ERP integration and process automation space where Novacura operates, with a different go-to-market but overlapping enterprise buyers.
• OutSystems: OutSystems is a low-code platform with strong enterprise and ERP-extension positioning. It overlaps with Novacura Flow in the visual development, workflow, and ERP integration narrative, though it is platform-agnostic rather than IFS-specialized.

Broad incumbents

• ServiceNow App Engine: ServiceNow's low-code App Engine and workflow automation suite target enterprise workflow and ERP-extension use cases. It is a broader platform incumbent with deeper integration libraries than Novacura.
• Microsoft Power Platform: Power Platform (Power Apps, Power Automate, Power BI) is bundled with the Microsoft enterprise stack and increasingly competes with low-code ERP-extension tools. It offers broad ERP connectors and is often bundled into existing enterprise agreements.
• IFS (direct services / PSO): IFS's own Professional Services Organization and direct delivery capabilities are the upstream incumbent in the same ecosystem. IFS competes with Novacura on the most strategic customer engagements while remaining its most important partner.

Direct peers

• TPA (Technology Partner Associates): TPA is a European IT services firm and listed Novacura partner, with overlap in IFS-related delivery and ERP extension work for mid-market and enterprise customers.
• Columbus: Columbus is a global IFS Gold Channel Partner and a listed Novacura distribution partner. Both companies deliver IFS implementation, upgrades, and ERP-adjacent services to enterprise customers, with overlapping target segments in manufacturing and distribution.
• Exsitec: Exsitec is a Nordic ERP and business systems integrator that partners with Novacura and competes for similar IFS-adjacent delivery work. The overlap is in IFS-related services and low-code/extension work for enterprise customers in the Nordics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/novacura
• YouTubeyoutube.com/user/NovaCuraAB
• Facebookfacebook.com/novacuraofficial
• LinkedInlinkedin.com/company/novacura-ab

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Novacura