Kiona

What Kiona does

Kiona is a European proptech SaaS company headquartered in Trondheim, Norway, providing an open, hardware-agnostic platform for technical property management, energy optimization, refrigeration monitoring, and environmental compliance across commercial buildings. The company was originally established in 2001 and relaunched under the unified Kiona brand in 2021 by consolidating four pre-existing products into a single platform.

The platform is composed of five integrated modules: IWMAC for refrigeration and building monitoring, Web Port for customizable building system integration, Energinet for energy management and sustainability reporting, Edge for AI-driven predictive optimization of HVAC and climate control, and Check Point for HORECA digital logging. Underlying technology emphasizes interoperability, supporting open APIs and major building automation protocols (BACnet, Modbus, KNX, SNMP, OPC Haystack, MQTT, M-Bus) and retrofit compatibility with legacy hardware. The Edge product applies predictive analytics using weather, solar, and live telemetry data to forecast and pre-empt building system deviations.

Kiona generates revenue primarily through recurring SaaS subscriptions, sold both directly to enterprise customers and indirectly through a certified partner network of 200-400+ integrators spanning Norway, Sweden, Finland, Denmark, Germany, France, Austria, Switzerland, and Poland. Key customer segments include commercial property managers, retail/grocery chains, residential portfolios, and cultural/heritage institutions, with marquee references including Skanska's Citygate in Gothenburg and the Nikolaikirche in Berlin. Since 2023, the company has been majority-owned by Italian HVAC/R strategic operator Carel (82.4% of Kiona Holding AS), while retaining independent brand and operational autonomy under CEO Trond-Øystein Bjørnnes.

Name

Kiona

Legal name

Kiona AS

Website

https://kiona.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

Kiona is a Norwegian proptech SaaS company that provides an open, hardware-agnostic platform for building management, energy optimization, refrigeration monitoring, and environmental compliance, serving commercial property managers, retailers, and cultural institutions across nine European countries via direct sales and a certified partner network.

Ownership category

akta.pro rank

Product category

Building Management Software (PropTech)

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Measuring & Controlling Devices, Nec (3829)

akta.pro primary industry

Industrial Electrified Kilns & Calcination Solutions (Cement/Lime/Glass Specific) (EUABAJAL)

Keywords

• Building management software
• Energy management systems
• Refrigeration monitoring software
• Proptech platform
• AI building optimization

Headquarters

HQ city

Trondheim

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscriptions: Kiona operates as a SaaS company offering subscription-based software licenses for building management, energy optimization, and refrigeration monitoring. Revenue is generated through recurring software subscriptions, likely tiered by system features and scale.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Kiona is a SaaS proptech platform that provides software for technical property management, energy optimization with AI, refrigeration management, and environmental and energy monitoring. The platform integrates technical systems such as HVAC, refrigeration, lighting, and energy across brands, suppliers, and ages through an open, hardware-agnostic architecture, and is delivered to commercial property owners, retailers/grocery chains, cultural institutions, and residential building operators.

Product overview

Kiona offers a unified proptech platform consisting of five integrated products. The platform integrates all technical systems across brands, suppliers, and ages. IWMAC provides ready-made refrigeration and building monitoring; Web Port offers customizable building integration; Energinet delivers energy management and environmental reporting; Edge provides AI-powered optimization using predictive analytics; and Check Point serves HORECA digital logging needs. All products share a consistent interface and support Single Sign-On (SSO) and Multi-Factor Authentication (MFA).

Differentiator

Problem solved

Functional benefit

Brands

• IWMAC: Ready-made integration system for technical property management and refrigeration.
• Web Port
• Energinet
• Edge
• Check Point

Products and services

• IWMAC

Quantifiable outcome

• Buildings account for ~40% of global energy consumption; 75% of buildings waste energy - Kiona's platform helps reduce this waste

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability4 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Certified Partner NetworkcoreChannel Partner/ Reseller/ DistributorKiona has 200+ certified partners across Europe including building automation companies, HVAC contractors, refrigeration specialists, and energy consultants. Partners receive training and certifications for IWMAC, Web Port, Energinet, Edge, and Ready solutions. Examples include Bravida, EvoTek AS, NR Kyl, Ömangruppen, SÖE Konsult.
• INUstyrcoreImplementation/ SI/ Consulting PartnerPartner responsible for Skanska Citygate project in Gothenburg, ensuring delivery and functionality meet certification requirements for this complex commercial building project.
• Vakkakylmä OyminorImplementation/ SI/ Consulting PartnerFinnish partner that implemented IWMAC for K-Citymarket Pori Puuvilla's smart refrigeration system upgrade.
• EvoTek ASminorImplementation/ SI/ Consulting PartnerNorwegian consulting firm using Energinet since 2005, working closely with Kiona on development according to customer needs and new requirements.
• NR KylminorImplementation/ SI/ Consulting PartnerSwedish partner focused on refrigeration monitoring helping customers achieve good food safety, product quality, and minimal food waste through digital monitoring.
• ÖmangruppenminorChannel Partner/ Reseller/ DistributorSwedish energy consulting company that recommends Kiona solutions (Web Port and Energinet) as the best solution for their customers.
• SÖE KonsultminorChannel Partner/ Reseller/ DistributorSwedish consulting firm that represents the system owner and recommends Kiona systems that are best suited to different contexts, testing and verifying systems create the most benefit.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• GridPoint: GridPoint provides energy management software and submetering for multi-site commercial buildings, retail, and grocery. Comparable as a direct peer in building energy management SaaS, particularly overlapping in retail/grocery refrigeration and multi-site energy optimization use cases.
• BuildingIQ: BuildingIQ provides AI-driven HVAC and energy optimization software for commercial buildings. Closely comparable as a direct competitor in the building energy management software niche, with similar predictive optimization value proposition and mid-market commercial real estate focus.
• 75F: 75F offers cloud-based building management with AI-driven HVAC optimization and predictive analytics. Comparable as a direct competitor in AI-powered building automation, with similar focus on cloud-native BMS, IoT integration, and commercial building energy efficiency.

Broad incumbents

• Siemens Smart Infrastructure: Siemens offers Desigo CC building management and Navigator energy optimization platforms for commercial buildings. Comparable as a broad incumbent in BMS and energy optimization, with global scale and full hardware/software portfolio Kiona competes against for enterprise accounts.
• Schneider Electric EcoStruxure: Schneider's EcoStruxure Building Operation platform provides BMS, energy management, and sustainability reporting for commercial buildings. Comparable as a broad incumbent with overlapping energy optimization and decarbonization reporting capabilities, with much larger global scale and partner network.
• Enel X (formerly EnerNOC): Enel X provides energy management and demand response solutions for commercial and industrial customers globally. Comparable as a broader incumbent in commercial energy management and decarbonization, with overlapping customer base in retail/grocery and large commercial buildings.
• Honeywell Building Technologies: Honeywell's building management division offers BMS, energy optimization, and HVAC controls globally. Comparable as a broad incumbent serving commercial buildings with overlapping energy management and integration capabilities, though Honeywell operates at much larger scale with proprietary hardware.
• Johnson Controls OpenBlue: Johnson Controls' OpenBlue platform offers building management, energy optimization, and AI-driven analytics for commercial facilities. Comparable as a broad incumbent competing for the same enterprise BMS and energy optimization RFPs, with global delivery capability and full hardware portfolio.
• ABB Ability Building Solutions: ABB's building automation portfolio covers HVAC, energy management, and integration across commercial real estate. Comparable as a broad incumbent with overlapping energy monitoring and integration capabilities, particularly in European markets where Kiona operates.

Emerging players

• Switch Automation: Switch Automation delivers cloud-based building analytics and IoT platform for multi-site portfolios. Comparable as an emerging player in building IoT/analytics with similar focus on protocol-agnostic integration and energy optimization, though more focused on portfolio-level analytics than refrigeration.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kionagroup
• Instagraminstagram.com/kionagroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Kiona