Grade
Grade is a Stockholm-based HR technology provider offering AI-driven talent management, learning management, and e-learning solutions to SMBs and public-sector clients across the Nordic region, now operating as Talentech following its February 2026 merger.
- Company typePrivate
- Founded1995
- HeadquartersStockholm, Sweden
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Grade does
Grade was a Stockholm-based HR technology company founded in 1995, providing talent management, learning management, and e-learning solutions to small and medium-sized businesses and public-sector clients across the Nordic region. Its platform was built around an AI and data-driven integrated HR technology architecture, unifying employee attraction, retention, and development workflows into a single offering. In May 2023, Grade acquired Jobbnorge, a Norwegian recruitment services provider, extending its geographic and product footprint into Norway.
In November 2025, Grade agreed to merge with Talentech, another Nordic HR technology firm, and the merger was completed in February 2026 following regulatory approval, forming a combined entity operating under the Talentech name. The merged company serves nearly 4,000 clients and over 1.2 million users across the Nordics, generating approximately 700 million Norwegian kroner in combined annual revenue. It is backed by private equity firms Viking Growth and Verdane as its largest shareholders, with Torben Brandt Munch appointed as chairman. The combined platform positions itself as a consolidated Nordic HR technology leader pursuing further European growth through its integrated AI-driven suite spanning talent management, recruitment, and learning.
Grade firmographics
Firmographics- Name
- Grade
- Website
- https://grade.com
- Company type
- Private
- Founded year
- 1995
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- Grade is a Stockholm-based HR technology provider offering AI-driven talent management, learning management, and e-learning solutions to SMBs and public-sector clients across the Nordic region, now operating as Talentech following its February 2026 merger.
- Ownership category
- akta.pro rank
Grade industry classification
Industry- Product category
- Human Resources Software
- NAICS
- Employment Placement Agencies (561311), Professional and Management Development Training (61143), Educational Support Services (611710)
- SIC
- Services-Employment Agencies (7361), Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Talent Acquisition (Recruiting) & Applicant Tracking (ATS) (BPACAPAD)
- akta.pro secondary industries
- Recruiting Administration Outsourcing (Recruitment Support, Scheduling, Onboarding Ops) (BPACAKAG), Internship/Apprenticeship Matching & Work-Based Learning Platforms (EDAFAMAL)
Keywords
Where Grade is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Grade business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Grade product offering
Product offeringCore offering
Grade provided AI and data-driven HR technology, focused on talent management, learning management and e-learning solutions for organizations. Through its Jobbnorge subsidiary, it also operated recruitment services in Norway, offering integrated employee attraction and retention solutions.
Differentiator
Problem solved
Functional benefit
Products and services
- Grade Talent Management Platform
Companies that use Grade
Customer profileSegments2 records
Ideal customer profiles2 records
Grade technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Grade partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- TalentechcoreNordic HR technology company that agreed to merge with Grade to form a new Nordic HR technology firm. The merger aimed to expand product offerings and facilitate European growth. The merger was completed and approved in February 2026.
- JobbnorgeNorwegian recruitment services provider acquired by Grade to expand its offerings in Norway. The deal enabled Grade to serve existing and new Norwegian clients with integrated employee attraction and retention solutions.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
Grade competitors and assessment
Company assessmentEmerging players
- HiBob: Modern HRIS/platform for SMB and mid-market employers with strong European presence. Targets the same primary segment as Grade (small and medium-sized businesses) with an integrated employee experience platform.
- BambooHR: Cloud HR software built for small and mid-sized businesses. Direct overlap with Grade's primary SMB segment on HR record management, onboarding, and basic talent workflows.
Broad incumbents
- iCIMS: Enterprise talent acquisition platform with ATS, CRM, and onboarding. Competes for the same Nordic mid-market and enterprise recruiting deals that the merged entity targets.
- Workday: Global leader in cloud HCM, talent management, and learning. Direct competitor in the talent management and LMS category that Grade/Talentech operates in, but serving a much broader enterprise customer base globally.
- SAP SuccessFactors: Enterprise HCM and talent management suite from SAP. Competes with Grade/Talentech for larger Nordic and European HR tech deals, particularly in the public sector and large enterprise tier.
Direct peers
- Greenhouse Software: Hiring and talent acquisition platform with ATS and structured recruiting workflows. Overlaps with Grade's recruitment services and Talentech's applicant tracking capabilities.
- Personio: European HRIS and talent management platform focused on SMBs and mid-market. Directly comparable customer segment (SMBs) and European footprint, competing for the same Nordic and DACH HR tech wallet share.
- SmartRecruiters: Talent acquisition and ATS platform. Comparable to the recruitment technology component of the merged Talentech platform, serving mid-market and enterprise employers across Europe.
- Cornerstone OnDemand: Cloud-based talent management, learning, and recruiting platform. Highly comparable to Grade's combined talent management and learning management offering, with overlapping buyer personas in mid-market and enterprise HR.
Regional players
- Visma: Nordic-headquartered provider of business and HR software, including payroll, HR, and e-recruiting. Direct Nordic regional competitor with overlapping SMB and mid-market customers in Sweden and Norway.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Grade social profiles
Digital presenceGrade financial estimates
Financial estimateRevenue estimate
Valuation estimate
Grade leadership team
Management profileNumber of profiles
Profiles1 record
Grade subsidiaries and ownership
Company hierarchySubsidiaries1 record
Grade funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Grade M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Grade
What does Grade do?
Grade provided AI and data-driven HR technology, focused on talent management, learning management and e-learning solutions for organizations. Through its Jobbnorge subsidiary, it also operated recruitment services in Norway, offering integrated employee attraction and retention solutions.
Is Grade a public or private company?
Grade is a private company. It is classified as private equity controlled and is currently acquired.
When was Grade founded?
Grade was founded in 1995. It employs 101 to 250 people.
Where is Grade based?
Grade is headquartered in Stockholm, Sweden, in the Europe region.
Who are Grade's main competitors?
Emerging players on record are HiBob and BambooHR. Broad incumbents are iCIMS, Workday and SAP SuccessFactors. Direct peers are Greenhouse Software, Personio, SmartRecruiters and Cornerstone OnDemand. Visma is listed as a regional player.
Does Grade have an API?
No public API is recorded for Grade.
What industry is Grade in?
Grade's product category is Human Resources Software. Its primary akta.pro industry code is BPACAPAD, Talent Acquisition (Recruiting) & Applicant Tracking (ATS), with a secondary code of BPACAKAG, Recruiting Administration Outsourcing (Recruitment Support, Scheduling, Onboarding Ops). Its NAICS code is 561311 and its SIC code is 7361.