Specter

What Specter does

Specter is a Swedish software company founded in 2004 and headquartered in Skärhamn, with additional offices in Gothenburg and Myggenäs. The company develops and operates cloud-based warehouse management (WMS) and point-of-sale (POS) systems targeted at small and medium-sized e-commerce and retail businesses in Sweden. Its POS platform has held Skatteverket certification since 2010, a regulatory credential required for compliant cash register systems in Sweden, providing a defensible compliance position in its domestic market.

The platform is delivered as multi-tenant SaaS with a product-led, self-service go-to-market model, evidenced by publicly available self-serve demo access. Its integration ecosystem spans the dominant Nordic commerce and financial infrastructure, including Shopify (e-commerce storefronts), Fortnox and Spiris (accounting), Klarna and Adyen (payments), Svea (invoicing and financing), and nShift (shipping logistics). Pricing is subscription-based, with WMS starting at 800 SEK/month and POS at 1,000 SEK/month, supplemented by per-integration and add-on fees. The product surface has continued to expand through 2025-2026, with new dedicated Spiris and Fortnox invoice flows and an enhanced Shopify integration.

Specter was acquired by Nordic software group Visma in April 2020 and operates as a portfolio company with 11-50 employees. Its customer base consists of 'hundreds' of Swedish trading companies spanning diverse SMB verticals, including cycling (Cyberzoo), fishing (Söder Sportfiske), home goods (Familjen Fogelmarck, Alva Linen), surfing (Surfers Paradise), kitchen (Kitchen Lab), consumer electronics (Teknikproffset), and design (Nobo Design). The company has previously been recognized four times as a DI Gazelle and was named DI Mästargasell in 2019, indicating a sustained track record of growth prior to and through the Visma acquisition.

Name

Specter

Legal name

Specter AB

Website

https://specter.se

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Specter provides cloud-based WMS and POS systems for Swedish SMB e-commerce and retail. Skatteverket-certified since 2010 and Visma-owned since 2020, it integrates with Fortnox, Spiris, Shopify, Klarna, Adyen, and Svea, serving hundreds of trading companies on a subscription model.

Ownership category

akta.pro rank

Product category

Warehouse Management Software

NAICS

Computer and Computer Peripheral Equipment and Software Merchant Wholesalers (423430)

SIC

Wholesale-Computers & Peripheral Equipment & Software (5045)

akta.pro primary industry

Core WMS (Inventory, Receiving, Putaway, Picking, Packing, Shipping) (TLAEABAA)

akta.pro secondary industry

POS Payment Software & Middleware (Terminal OS, Apps, Device Management) (FSAMADAC)

Keywords

• Warehouse management software
• Cloud-based POS systems
• E-commerce inventory management
• Omnichannel retail software
• SaaS business management

Headquarters

HQ city

Skärhamn

HQ country

Sweden

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. WMS Subscription (Specter WMS): Monthly subscription SaaS model for the warehouse management system, priced from 800 SEK per month. Includes one user. Additional users billed at 400 SEK/month per user. Add-on integrations (Shopify, Fortnox, Spiris, frakt, Klarna, Svea, 3PL, API license, Multishop, EU/OSS VAT) available at additional cost.
2. POS Subscription (Specter POS): Monthly subscription SaaS model for the point of sale system, priced from 1,000 SEK per month per register (cash register). Includes one user. Card terminal with acquiring agreement included. Transaction fees may apply.
3. Add-on Integrations and Services: Additional revenue from optional add-on services including web shop connection, Shopify connection, Fortnox connection, Spiris connection, shipping system connection, Klarna connection, Svea connection, 3PL connection, API integration license, multishop management, and EU/OSS VAT handling.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Specter sells cloud-based WMS (Warehouse Management System) and POS (Point of Sale) software to Swedish small and mid-sized e-commerce businesses and omnichannel retailers. The WMS manages purchasing, multi-warehouse inventory, order processing, pick & pack, and shipping label booking via nShift, while the POS provides a Skatteverket-certified cash register with integrated card terminal. Both products share real-time inventory data and integrate with e-commerce platforms (Shopify, WooCommerce), accounting systems (Fortnox, Spiris), payment providers (Klarna, Adyen, Svea), and multiple marketplaces.

Product overview

Specter is a Swedish cloud-based retail and e-commerce software company offering two integrated core products: Specter WMS (Warehouse Management System) for inventory and order management, and Specter POS (Point of Sale) for retail store operations. The WMS handles purchasing, receiving, inventory tracking across multiple warehouses, order fulfillment with pick & pack, shipping integration, and returns management. The POS system provides a Skatteverket-approved cash register with integrated card terminal for physical retail, supporting omnichannel features including Click & Collect, real-time inventory sync with e-commerce, and comprehensive sales reporting. Both products share inventory data in real-time and integrate with e-commerce platforms (Shopify, WooCommerce) and accounting systems (Fortnox, Spiris) to create a unified commerce platform for omnichannel retailers.

Differentiator

Problem solved

Functional benefit

Products and services

• Specter WMS Cloud-based Warehouse Management System that optimizes inventory flows from purchasing through order management, picking, packing, shipping, and returns. Supports multi-warehouse management, barcode scanning, FIFO inventory valuation, automated purchase suggestions, and integration with e-commerce, accounting, and shipping platforms. Priced from 800 SEK per month including one user, with additional users at 400 SEK/month each.
• Specter POS Cloud-based Point of Sale system connecting physical retail stores with e-commerce in real-time. Includes integrated card terminal with acquiring agreement, Skatteverket-certified control unit compliant with Swedish cash register regulations, and omnichannel features such as Click & Collect. Priced from 1,000 SEK per month per cash register including one user.

Quantifiable outcome

• Reduced manual work and fewer errors through automated inventory syncing and accounting voucher creation (customer-reported)
• +1 more outcomes

Named customers9 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

Integration30 records

Feature8 records

Partnerships

Seven partnerships are on record, tiered core.

• Visma SpiriscoreTechnology or Integration · 30 September 2024Specter integrates with Visma Spiris (formerly Visma eEkonomi and Visma Spcs) for automated bookkeeping synchronization. Sales transactions, payments, credits, and FIFO inventory changes create individual accounting vouchers synced to Spiris in real time. Spiris manages invoicing, accounting, and payroll. The integration was launched in September 2024.
• FortnoxcoreTechnology or Integration · 30 May 2024Specter integrates with Fortnox, a Swedish business platform with products in accounting, invoicing, financing, and HR. The integration syncs accounting vouchers for sales, payments, credits, and inventory changes (FIFO) to Fortnox. PLUS tier includes invoice creation directly in Fortnox from Specter orders. Partnership announced in May 2024.
• SpriscoreTechnology or IntegrationSpris (formerly Visma Spcs and Visma eEkonomi) is an easy-to-use online accounting program. Specter's WMS and POS combined with Spiris provides a complete cloud-based solution uniting all inventory, sales channels, and workflows with smooth bookkeeping.
• Klarna / KustomcoreTechnology or IntegrationSpecter integrates with Klarna via Kustom Checkout (formerly Klarna Checkout). Orders placed via Kustom are managed directly in Specter's WMS, with automatic creation of accounting vouchers. Credits and returns are handled directly in Specter. Klarna/Kustom payments sync automatically to Specter and can be forwarded to Fortnox or Spiris for bookkeeping.
• AdyencoreTechnology or IntegrationAdyen is a fintech platform used by many of the world's leading companies. Specter partners with Adyen to offer a complete payment solution for physical stores, including card terminal and acquiring agreement, fully integrated with Specter POS. Enables quick and easy Pop-up store setup.
• nShiftcoreTechnology or IntegrationnShift is the leading Delivery Management system provider in Northern Europe. The integration with Specter WMS enables automated shipping booking and label printing for hundreds of carriers including Postnord, DHL, Bring, FedEx, DB Schenker, DSV, Instabox, and Schenker.
• VismacoreTechnology or IntegrationIn April 2020, Visma acquired Specter to strengthen its offering within cloud-based business systems and e-commerce. Specter continues to operate as a standalone product within the Visma ecosystem, with integrations to Visma Spiris (formerly Visma eEkonomi).

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Brightpearl: Brightpearl is a cloud-based inventory, order, and POS platform built for retailers and wholesalers, with strong omnichannel and accounting integrations. It directly competes with Specter for SMB and mid-market merchants looking for a unified WMS + POS solution.
• Cin7: Cin7 provides cloud inventory management, POS, and order fulfillment software for product sellers across multiple sales channels. It targets the same SMB-to-mid-market omnichannel segment as Specter with a similar 'Best of Breed' integration approach.
• Linnworks: Linnworks is a multichannel inventory and order management platform that syncs stock, listings, and orders across marketplaces and e-commerce platforms. It competes with Specter WMS for e-commerce sellers needing centralized inventory control.
• Zoho Inventory: Zoho Inventory is a cloud inventory management system with order management, shipping integrations, and multi-channel selling capabilities. It targets SMB e-commerce businesses with similar features and pricing model to Specter WMS.
• Pyramid Business Studio: Pyramid is a Swedish ERP and business system provider offering warehouse management, POS, and accounting functionality for SMBs. It directly competes with Specter in the Swedish market with similar vertical coverage and integration ecosystem.
• Monitor ERP: Monitor ERP is a Swedish-developed ERP system including WMS, production, and accounting modules for small and mid-sized businesses. It competes with Specter's combined WMS+POS+accounting offering, particularly for Nordic SMB manufacturers and wholesalers.
• Ongoing WMS: Ongoing is a Swedish cloud-based WMS designed for 3PL providers and logistics-intensive companies, offering integrations with e-commerce and accounting platforms. It is both a Specter integration partner and a competitor in the Swedish WMS segment.

Broad incumbents

• Visma eEkonomi (Spiris): Spiris is the accounting arm of Visma's ecosystem and Specter's parent organization. It serves as both an integration partner and a broader incumbent offering overlapping SMB business system functionality across the Nordics.
• Shopify POS: Shopify POS is the global incumbent POS offering from Shopify, integrated natively into the Shopify commerce platform. While Specter integrates with Shopify, Shopify POS represents a broad competitive threat for omnichannel SMB merchants.
• Fortnox: Fortnox is Sweden's leading cloud business platform covering accounting, invoicing, and HR for SMBs. It serves as both Specter's key integration partner for automated bookkeeping and a broader incumbent whose expanding product roadmap could encroach on Specter's value proposition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC04qPElT3vwrJc1-E39ATDg
• Facebookfacebook.com/specterab
• LinkedInlinkedin.com/company/specter-ab
• Instagraminstagram.com/specterab
• Xx.com/specterab

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 Specter