What 3fs does

3fs is a privately held software engineering and consulting firm founded in 2005 and headquartered in Kranj, Slovenia, with regional headquarters in Stockholm (3fs Nordic AB) and a secondary office in Maribor. The company delivers digital product development, digital transformation and IoT, and cybersecurity services to enterprises in three regulated verticals: MedTech, FinTech, and IoT/Telco. Its customer base includes Fortune 500 names such as Ericsson, Nokia, Getinge, and Polarium alongside regulated-industry scale-ups, with engagement pricing structured as multi-year, project-based consulting contracts obtained through direct enterprise sales. The firm differentiates on regulated-industry domain expertise (ISO 13485, EU MDR, FDA 21 CFR Part 11, PSD2, PCI DSS, NIS2) combined with a proprietary DevSecOps methodology, CI/CD pipeline and "home-brewed" tooling, codified as a Seed–Grow–Harvest delivery model.

Underlying technology includes a DevSecOps platform with custom CI/CD, a Cloud Connector for hyperscaler onboarding of constrained IoT devices, IEEE 11073 SDC-based medical device interoperability implementations, the UrbanMind smart-city data space platform (2025) with an AI natural-language-to-SQL assistant, and Project ANCHOR (2024), an automated, continuous security testing platform for healthcare NIS2 compliance. Approximately 80 employees (average 7 years experience, 5 nationalities, holding AWS and Azure associate certifications) operate from offices in Slovenia and Sweden, with no external equity funding disclosed and growth financed organically and through EU R&D co-financing (GenPSE and Awake projects, ~€1.58M combined). The company has also spawned four spin-off companies to date and pursues an active community-led GTM motion anchored by Kubernetes Slovenia meetups, open houses, and conference presence at DMEA Berlin and HIMSS Europe.

Name

3fs

Legal name

3fs Nordic AB

Website

https://3fs.cloud

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

3fs is a Slovenia-headquartered, privately held software engineering and consulting firm with ~80 employees serving MedTech, FinTech, and IoT/Telco enterprises via DevSecOps delivery, proprietary tooling, and platform products such as UrbanMind and Project ANCHOR.

Ownership category

akta.pro rank

Headquarters

HQ city

Kranj

HQ country

Slovenia

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Software Engineering & Consulting Services: Professional services revenue from software engineering consulting, custom software development, and technical advisory engagements. Services include digital product development, digital transformation, and IoT solutions. Revenue generated through project-based engagements and ongoing service contracts with enterprise clients in regulated industries.

Pricing tiers

Go-to-market motion3 records

Distribution channels2 records

Marketing channels8 records

Core offering

3fs is a software engineering and consulting firm providing end-to-end digital product development, digital transformation and IoT services, and cybersecurity services for enterprises in highly regulated industries (MedTech, FinTech, IoT/Telco). The firm combines cloud-native software engineering, DevSecOps methodology, and its own proprietary CI/CD pipeline and home-brewed tools to deliver secure, compliant software products and platforms from concept through general availability. It also develops standalone platforms such as UrbanMind (smart city AI-powered data platform) and ANCHOR (healthcare continuous security testing).

Product overview

3fs is a software engineering and consulting firm offering three core service lines: Cybersecurity Services, Digital Product Development, and Digital Transformation and IoT. The company operates across regulated industries including MedTech, FinTech, and IoT/Telco. Their specialized solutions include UrbanMind (smart city data platform with AI analytics), Project ANCHOR (healthcare cybersecurity automation), IoT Connectivity Solutions with multi-protocol device support, and Medical Device Interoperability using SDC standards. The firm combines DevSecOps methodology, design thinking, and public cloud expertise (AWS, Azure, GCP) to deliver products from concept through general availability.

Differentiator

Problem solved

Functional benefit

Brands

• ANCHOR: A cybersecurity project focused on penetration testing, vulnerability assessments, and automated security testing platform to help organizations meet NIS2 requirements in healthcare and critical sectors.

Products and services

• Cybersecurity Services Security assessments (penetration testing, red teaming, secure code review, infrastructure security review) plus employee security awareness training, phishing simulations, and secure software delivery pipeline and operational security services for regulated organizations.
• Digital Product Development Full-stack software engineering from concept to MVP to launch, covering product design, cloud-based software architecture, security and QA, and continuous DevOps services for regulated-industry enterprises.
• Digital Transformation and IoT Cloud strategy and IoT architecture design, IoT solution development (device firmware and cloud services), data analytics and AI integration, managed cloud services, and organizational design for R&D transformation in regulated industries.
• UrbanMind Smart City Platform Smart city data platform providing unified IoT data collection, AI-powered analytics dashboard with natural-language query assistant (including SQL REPL), and use-case-driven data organization for environmental monitoring, traffic management, and energy optimization in cities.
• Project ANCHOR Automated security testing platform for healthcare organizations providing continuous vulnerability assessment, passive device discovery, and NIS2 compliance monitoring with Kanban-style remediation boards to replace annual penetration testing rituals.
• IoT Connectivity Solutions Device connectivity solutions using NB-IoT/LTE-M, 4G/5G, Wi-Fi and Bluetooth; remote SIM provisioning; edge computing; and device and fleet management with over-the-air firmware updates for telco operators and IoT device manufacturers.
• Medical Device Interoperability (SDC) Service-Oriented Device Connectivity (SDC) implementation for medical devices using IEEE 11073 standards, enabling manufacturer-independent device-to-device communication for hospitals and healthcare systems (demonstrated with real-time oximetry patient monitoring).

Quantifiable outcome

• 2M+ connected devices managed
• +4 more outcomes

Named customers25 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

AI capability7 records

Feature5 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• OASC (Open & Agile Smart Cities)coreStrategic or Co-development PartnerActive participation in OASC initiative for smart city interoperability standards. Contributing to European Data Space for Smart Communities (DS4SSCC-DEP) consultation and implementing Minimal Interoperability Mechanisms (MIMs) in UrbanMind project.
• RikocoreStrategic or Co-development PartnerEngineering and project management partner in UrbanMind consortium for smart city data space development. Riko provides technology solutions expertise in the collaboration.
• RAINcoreStrategic or Co-development PartnerStrategic partner for AI-enhanced IoT platform development. RAIN is a leading provider of innovative solutions with focus on sustainability and data optimization. Active collaboration on UrbanMind project.
• CYSSDE Project (Digital Europe Programme)coreStrategic or Co-development PartnerPartner in CYSSDE project developing ANCHOR automated security testing platform for healthcare organizations. Project focuses on penetration testing, vulnerability assessments, and NIS2 compliance support.
• CSCC (Canadian Slovenian Chamber of Commerce)minorOthersMember of Canadian Slovenian Chamber of Commerce supporting cross-border business relationships.
• VTIS (Association of Slovenes Educated Abroad)minorOthersMember of association supporting Slovenian professionals educated abroad.
• KCDM (Competence Center for Design Management)minorOthersMember of design management competence center.
• Slovenian Technology ForumminorOthersMember of Slovenian Technology Forum.
• OR.NET e.V.coreStrategic or Co-development PartnerActive member contributing to medical device interoperability standards through IEEE 11073 SDC protocols. Partner in OR.NET initiative for service-oriented device connectivity in healthcare.
• IHE InternationalcoreStrategic or Co-development PartnerActive member contributing to healthcare interoperability standards. Experience with IHE profiles for medical device and healthcare system integration.
• Drive SwedenminorOthersMember of Drive Sweden initiative.
• GOIS (Global Open Innovation Network)minorOthersMember of global open innovation network.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Ciklum: Global digital solutions and software engineering firm with European delivery centers; comparable in size, services model, and regulated-industry focus.
• Endava: Technology services firm providing custom software development and digital transformation for financial services, healthcare, and telco; similar vertical mix and delivery model to 3fs.
• EPAM Systems: Large-scale software engineering services provider with strong presence in Central/Eastern Europe; comparable in delivery model, regulated-industry verticals, and EU/Nordic client base.
• Thoughtworks: Global technology consultancy delivering custom software engineering and digital transformation; closely comparable in services model, regulated-industry verticals, and engineering-led culture to 3fs.
• Intellias: Ukrainian/European-headquartered IT services company serving automotive, fintech, healthcare; direct comparable on engineering-led services model and EU delivery footprint.

Regional players

• TietoEVRY: Nordic-headquartered IT services and digital transformation firm; comparable on geographic base in Sweden and similar regulated-industry client base (telco, healthcare, financial services).

Broad incumbents

• Slalom: Major management and technology consulting firm with healthcare and financial services practices; competes for similar regulated-industry digital transformation engagements.
• Capgemini Engineering: Global engineering services arm of Capgemini serving medical device, telco, and financial services clients; directly competes for similar enterprise transformation mandates.
• Accenture: Largest global IT services and consulting firm with deep regulated-industry practices (health, financial services, communications); competes for the same large-enterprise transformation work.
• Deloitte Digital: Global consulting practice with significant medical device, fintech, and IoT digital transformation capabilities; competes for the same Fortune 500 enterprise engagements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/3fs-d.o.o.
• Xx.com/3fs
• Facebookfacebook.com/126512730728087

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about 3fs