What Triona does

Triona AB is a Nordic IT company founded in 1991 in Borlänge, Sweden, that develops and sells software platforms and consulting services to organizations in the infrastructure, forestry, and transport sectors. The company is publicly listed on the Nordic SME (NGM) exchange since December 2022 and operates across Sweden, Norway, Finland, and Denmark with offices in Borlänge, Linköping, Falun, Gothenburg, Oslo, and Helsinki. Its flagship products include C-Load (a cloud-based transport booking platform with 270+ suppliers), C7 Projects (a project management system used by NCC for ~10,000 invoices per month), TNE (Transport Network Engine for road/rail/maritime network data), TRACS Flow (a transport management system), SINUS (Norwegian road reference system), and FleetControl (fleet management via the majority-owned Fleetech subsidiary). The technology stack is built on Microsoft Azure, .NET, and open standards such as OpenTNF, NVDB, and IFC 4.3.

Triona's business model is a hybrid of SaaS subscriptions and Expert Services (consulting) revenue, with management actively executing the FOCUS28 2025-2028 strategy to shift the mix toward recurring revenue. Q1 2026 reported net revenue of 69.1 MSEK (up 7.3% YoY), recurring revenue of 25.8 MSEK (up 13.3%), and ARR of 110.6 MSEK (up 16.9%). Customers include the Swedish Transport Administration (Trafikverket), Norwegian Public Roads Administration (Statens vegvesen), NCC, Skanska, Sveaskog, Norra Timber, Setra, Stockholm City, and Gothenburg City. Distribution is primarily direct enterprise sales supplemented by self-service SaaS onboarding for products like C-Load. The company was an 11+ year Microsoft Gold Partner and continues to expand via M&A, most recently with a strategic Finland acquisition in October 2025.

Triona's competitive position rests on long-standing regulatory relationships with Nordic national road authorities, deep domain expertise accumulated over 30+ years, and operational entrenchment at large enterprise and government customers. Key risks include customer concentration in Nordic public sector budgets, slower-than-expected SaaS transition, and the relatively underdeveloped AI capabilities compared to global TMS and BIM competitors, although the proprietary Nordic network data assets provide a foundation for future AI differentiation.

Name

Triona

Legal name

Triona AB

Website

https://triona.se

Company type

Public

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

Triona AB is a Nordic software and consulting company that sells SaaS platforms and expert services to infrastructure, forestry, and transport organizations across Sweden, Norway, Finland, and Denmark. Founded 1991, listed on Nordic SME in 2022, with flagship products C-Load, C7 Projects, TNE, and TRACS Flow.

Ownership category

akta.pro rank

Product category

Transport & Infrastructure Software

NAICS

Software Publishers (5132), Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Computer Programming Services (7371), Arrangement Of Transportation Of Freight & Cargo (4731), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Non-Asset-Based 3PL Services (TLAIAAAN)

Keywords

• Transport management software
• Infrastructure asset management
• Forestry logistics software
• Transport booking platform
• Software consulting services

Headquarters

HQ city

Borlänge

HQ country

Sweden

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licenses / SaaS Subscriptions: Annual licenses and SaaS subscriptions for proprietary products including C-Load, C7 Projects, TNE, TRACS Flow, and SINUS. The company is undergoing a strategic transformation (FOCUS28 2025-2028) toward becoming a SaaS company. ARR (Annual Recurring Revenue) is a key metric introduced in Q1 2026.
2. Expert Services / Consulting: Consulting services including deep business knowledge, software development and integrations, web and mobile applications, GIS and BIM, Cloud, UX, AI, and Infra Asset Insight. A key revenue driver with a billing rate metric of 88% introduced in Q1 2026.
3. Transport Booking Commission (C-Load): C-Load serves as a transport procurement portal connecting transport buyers with suppliers. While primarily a platform, the service may generate transaction-based value through freight volume processed across 270+ suppliers handling daily shipments to Europe, Asia, Africa, and North America.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Triona develops and sells proprietary software platforms and provides consulting services for infrastructure asset management, transport management, and forestry logistics across the Nordic region. Its core products include C-Load (cloud-based transport booking), C7 Projects (infrastructure project management), TNE (transport network data platform), and TRACS Flow (transport management system), complemented by Expert Services in software development, GIS/BIM, cloud, AI, and UX.

Product overview

Triona offers a comprehensive portfolio of products and services for infrastructure, transport, and forest industry organizations across the Nordic region. The product portfolio consists of three main categories: Infra Asset Management (including C7 Projects, TNE, SINUS, Arbeidsvarsling Loggbok, InfraWEB, and Vegviseren), Transport Management (including C-Load, TRACS Flow, FleetControl, and ECO), and Expert Services (consulting covering software development, GIS/BIM, AI, cloud, and UX). Key products include C-Load (cloud-based transport booking platform), C7 Projects (project management for infrastructure), TNE (transport network data platform), TRACS Flow (transport management system), and SINUS (Norwegian road reference system). The offerings are delivered as both standalone cloud services and on-premise solutions, with a focus on Nordic infrastructure, transport logistics, and forest industry sectors.

Differentiator

Problem solved

Functional benefit

Brands

• C-Load: Smart cloud service for contract-based transport booking, simplifying procurement and ordering of road, rail and sea transports.
• C7 Projects
• TNE (Transport Network Engine)
• TRACS Flow
• FleetControl
• TRACS Rundvirke
• Arbeidsvarsling Loggbok
• InfraWEB
• SINUS
• TNE Editor
• Vegviseren
• ECO
• Timber by Pinja
• Spira
• Once by Pinja
• VFS

Products and services

• Triona C-Load Cloud-based contract transport booking service that simplifies procurement and ordering of road, container (sea), and rail transports. Provides a common platform for transport chain actors with automatic supplier ranking, real-time status tracking, CO2 emissions reporting, and API integration. Connects 270+ suppliers with buyers; users can be operational within one day.
• Triona C7 Projects Project management system providing full control over infrastructure projects from tender/bid to final invoice. Used by contractors for project tracking, resource logging, estimation, and invoicing. Deployed at NCC across 3 countries with 600 daily users processing ~10,000 invoices/month; estimated to save up to 50% of administration time and 30 minutes per invoice.
• Triona TNE (Transport Network Engine) Proprietary platform for managing road, rail, and maritime network data and related information. Supports dynamic segmentation for routing, NVDB data integration (Sweden and Norway), IFC 4.3 import for BIM compatibility, and TN-ITS framework for sharing road data with service providers. Used by Trafikverket and Statens vegvesen; TNE v3.0 reduced data production time by 87%.
• Triona TRACS Flow Transport management system (TMS) supporting business processes in transport and contracting industries. Includes modules for contract/order management, planning, operational management, web portal, rental management, document handling, case management, material inventory, messaging, and mobile app (iOS and Android).
• Triona SINUS Road reference system used in Norway for managing and maintaining road reference data and related infrastructure information. Used by Statens vegvesen.
• Triona Arbeidsvarsling Loggbok Electronic logbook for work zone management, replacing paper-based logging for traffic management at roadwork sites with automatic position and time registration. Used by Statens vegvesen in Norway and now expanding to Denmark.
• Triona InfraWEB Web-based infrastructure management portal for viewing and managing road and infrastructure asset data.
• Triona Vegviseren Wayfinding and navigation application for visualizing route information and transport guidance. Used in Norway.
• Triona FleetControl Fleet management and onboard IT system for vehicles, providing tracking, reporting, and driver support capabilities. Developed by majority-owned subsidiary Fleetech (acquired 2019).
• Triona ECO Planning tool for asphalt transport and production, providing control from plan to invoice for asphalt operations. Designed for more efficient transport and production management specifically for asphalt operations.
• Expert Services Consulting services covering deep business knowledge, software development and integrations, web and mobile applications, GIS and BIM, cloud solutions, UX design, AI implementation, and Infra Asset Insight. Functions as a distribution channel for proprietary products and a key revenue driver with a billing rate metric of 88% introduced in Q1 2026.

Quantifiable outcome

• NCC estimates saving up to 50% of administration time, 30 minutes per invoice, and more per bid using C7 Projects
• +4 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• ZEEKITcoreStrategic or Co-development Partner · 19 June 2025ZEEKIT AS and Triona AS entered a strategic collaboration in February 2025 to strengthen digital interaction in the value chain. The partnership aims to develop a complete digital solution for road operation and maintenance.
• MicrosoftcoreTechnology or IntegrationMicrosoft Gold Partner within Application Development for 10+ consecutive years through 2015-2017 and beyond. Triona builds on Microsoft technologies (.NET, Azure, Visual Studio Online/Git) for product development and cloud hosting. Gold partnership demonstrates deep technical competency and provides access to Microsoft's ecosystem and support.
• FleetechcoreOthersTriona has been the majority owner of Fleetech since 2008. Fleetech specializes in vehicle IT systems and IoT platforms for fleet management. Fleetech developed the on-board system for Bivab and contributes to hybrid vehicle visualization projects with Scania.
• Vianova Systems (Trimble)coreTechnology or IntegrationLong-standing partnership with Vianova Systems (now part of Trimble). Novapoint DCM is used alongside TNE for traffic network maintenance. Partnership established for joint NVDB management with Kantega and Triona winning the NVDB management contract from Statens vegvesen.
• ArbonautminorStrategic or Co-development PartnerTriona and Arbonaut are collaborating to modernize Metsähallitus's (Finnish Forest Service) forest information system. Arbonaut provides forestry domain expertise while Triona contributes GIS and software development capabilities.

Scale indicators9 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Arbonaut: Finnish forestry GIS and forest information systems specialist that collaborates with Triona on the Metsähallitus (Finnish Forest Service) forest information modernization project. Arbonaut competes and partners with Triona in Nordic forestry GIS applications and protected forest mapping.
• PTV Group: European provider of transport planning, routing and logistics software. PTV's route optimization, fleet management and CO2 emissions capabilities overlap directly with Triona's TRE routing engine, C-Load and TRACS Flow products in the Nordic transport and logistics segment.
• nShift: Leading Nordic transport management software vendor (formed from merger of Unifaun and Consignor). nShift's shipping, booking and TMS platforms compete directly with Triona's TRACS Flow and C-Load in Nordic freight procurement and carrier management.
• Vianova Systems (Trimble): Triona's long-standing Norwegian partner and joint NVDB management contractor with Statens vegvesen. Vianova/Trimble offers comparable road network data management, infrastructure design and traffic software, overlapping directly with Triona's TNE, SINUS and Novapoint DCM solutions across the Nordic market.
• RamBase: Nordic cloud-based ERP and logistics software vendor serving transport, shipping and project-based industries. RamBase's TMS and logistics modules overlap with Triona's TRACS Flow and C7 Projects across Nordic transport and infrastructure customers.
• Sokigo (Sundata Group): Swedish infrastructure data management vendor whose Gaida system uses Triona's TNE platform and competes in municipal NVDB editing. Sokigo serves the same Swedish road authorities and municipalities as Triona, making it a direct competitor in infrastructure asset management software.

Emerging players

• Pinja: Finnish vertical software provider whose 'Timber by Pinja' and 'Once by Pinja' products overlap with Triona's TRACS Rundvirke and TRACS Flow for timber and fuel supply chain management. Pinja is a Finnish-headquartered emerging player in the same niche forestry/logistics software segment.

Broad incumbents

• HERE Technologies: Global mapping and location platform whose road network data, routing APIs and SDKs overlap with Triona's TRE routing engine and Avståndstjänst distance service. HERE is a broad incumbent that competes in the same routing and network data layer Triona serves.
• Hexagon AB: Global Nordic incumbent in geospatial, mapping and infrastructure software. While Hexagon's portfolio is far broader than Triona's, its GIS and asset management offerings overlap with Triona's TNE, InfraWEB and consulting-led infrastructure analytics across Nordic enterprise and government customers.
• TietoEVRY (Tieto): Large Nordic IT services and software company serving public sector and infrastructure customers across Sweden, Norway and Finland. While TietoEVRY is far broader than Triona, its public sector and infrastructure software practices compete with Triona's Expert Services and TNE offerings for the same government RFPs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/triona-ab

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

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 Triona