What Inventas does

Inventas is a Norwegian employee-owned product development agency founded in 1997 and headquartered in Trondheim, with approximately 170 employees distributed across seven regional offices in Trondheim, Oslo, Bergen, Stavanger, Asker, Molde, and Kristiansand, plus a partner-hosted presence in Tromsø through Norinnova. The firm delivers full-lifecycle cross-disciplinary product development spanning mechanical engineering, electronics and embedded systems (FPGA/ASIC, embedded software, signal processing, IoT), industrial and service design, simulation (FEM, CFD, digital twins), sustainability and regulatory advisory, product strategy, and in-house industrialisation. It serves enterprise, mid-market, and growth-stage customers across maritime/subsea/aquaculture, health/medical devices, industrial automation, space/aerospace, energy, consumer products, and government/SOE end markets, with named client work including the FPGA radar-controller chip for NASA's Mars 2020 Perseverance Rover (via FFI), laser-control FPGA for Kongsberg Defence & Aerospace's MetOp-SG satellites, the patented Stemma threshold drain, the Flokk Multiply IoT chair sensor, the Nel hydrogen production plant prototype, and products for Laerdal, Siemens, TOMRA, Equinor, and 1X.

The business model is primarily project-based professional services, supplemented by a growing IoT/hardware revenue stream on the proprietary Multiply platform and in-house production through the wholly-owned manufacturing subsidiary Creor AS (formerly Inventas Fab AS). The company states NOK 250 million in annual revenue, has no external funding, is governed under employee-ownership, and operates via the legal entities Inventas AS (parent), Inventas Kristiansand AS (regional entity), and Creor AS (manufacturing). Go-to-market is direct B2B sales via named commercial regional managers, supported by an editorial-style 'Aktuelt' content hub, topical webinars, and a structured project showcase library. Distribution is exclusively domestic Norway (with some international project spillover, e.g., NASA/Kongsberg), sold through seven field sales offices and partner-hosted reach in the north. Differentiating technical assets include radiation-hardened triple-redundant FPGA design, simulation-driven product development methodology, the Multiply IoT platform, and a wholly-owned manufacturing arm that compresses design-to-production iteration cycles.

Name

Inventas

Legal name

Inventas AS

Website

https://inventas.no

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

101–250 employees

Short description

Inventas is a Norwegian employee-owned product development agency delivering cross-disciplinary engineering, electronics, FPGA, design, and simulation services across seven offices, with an in-house IoT platform (Multiply) and manufacturing subsidiary (Creor) supporting enterprise, mid-market, and startup clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Trondheim

HQ country

Norway

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional product development services: Core revenue stream: fee-based engineering, design, and product-strategy consulting delivered to clients across mechanical, electronics, software, simulation, sustainability, and industrial design disciplines. Project-based engagements covering the full life cycle from needs analysis and concept development to prototyping, testing, industrialization, and documentation. Revenue of NOK 250 million is referenced.
2. Subscription/recurring client relationships: Long-term client relationships with continuous engagement across multiple product families and product generations (e.g., Røros Produkter since 2005, several projects spanning multiple years such as Nel 2022-2025, Spilka 2019-2023, Stemma 2021-2025). Customers engage Inventas as a strategic, ongoing product development partner rather than for one-off projects.
3. Hardware / IoT product sales (Multiply platform): Sale of IoT hardware and connected solutions built on the Multiply platform (e.g., Flokk chair sensor with coin-cell sensor and 4G gateway), bundled with cloud service and data platform access. May include licensing of the Multiply platform to other companies building IoT solutions.

Pricing tiers

Go-to-market motion3 records

Distribution channels9 records

Marketing channels10 records

Core offering

Inventas is a cross-disciplinary Norwegian product development agency that designs, engineers, and industrializes physical and digital products. It delivers full-lifecycle product development services across mechanics, electronics (including FPGA/ASIC, embedded software, signal processing), industrial and service design, simulation (FEM/CFD/digital twins), sustainable product development, robotics, regulatory consulting, and product strategy. The firm also commercializes its proprietary Multiply IoT platform and provides in-house manufacturing through its wholly-owned subsidiary Creor AS.

Product overview

Inventas is a Norwegian employee-owned product development agency (productutviklingsbyrå), established in 1997, with about 170 employees and 250 million NOK in revenue, delivering interdisciplinary product development across mechanics, electronics, design, simulation, and product strategy. The offering is a service-platform architecture rather than a single unified software product: core service lines include Mekanikk (Mechanics), Elektronikk (Electronics), Design, Simulering (Simulation), Produktstrategi (Product strategy), Bærekraftig produktutvikling (Sustainable product development), Industrialisering & produksjon, Regulatorisk rådgivning, Robotikk, and Forretningsrådgivning, which are combined into tailored cross-functional teams for each client engagement. Specialty capabilities such as FPGA/ASIC programming, embedded software, digital tvilling (digital twin), and the Multiply IoT platform sit on top of this foundation, with manufacturing support delivered through the subsidiary Creor. The Multiply IoT platform is the closest thing to an Inventas-branded software product, underpinning commercialized solutions such as the Flokk office chair sensor and enabling rapid IoT productization from pilot to industrialized product.

Differentiator

Problem solved

Functional benefit

Brands

• Creor: Manufacturing arm of Inventas (legal entity Creor AS, formerly Inventas Fab AS) used to assess manufacturability and produce prototypes and production-ready parts.
• Multiply

Products and services

• Mekanikk (Mechanical product development) Mechanical product development service covering the design of complex mechanisms, injection-moulded components, seals, tribology, and large heavy structures, with engineers following products from idea through to production-ready components. Targeted at companies needing outsourced mechanical engineering capacity.
• Elektronikk (Electronics development) Electronic product development service including FPGA/ASIC programming, embedded software, signal processing, cybernetics, and IoT hardware design. Targeted at companies needing specialised electronics and embedded expertise they cannot or do not want to build in-house, including mission-critical applications.
• Design (Industrial and service design) Industrial design and service design offering including UI design, color/material/finish, haptic design, and user testing, applied to both physical products and digital services. Targeted at companies seeking design-led product development.
• Produktstrategi (Product strategy consulting) Product strategy consulting balancing customer needs, business, and product considerations, including market and customer analysis, competitive positioning, technology and trend analysis, and regulatory/standards review. Targeted at companies seeking strategic product direction.
• Bærekraftig produktutvikling (Sustainable product development) Sustainability-focused product development including sustainability sprints, product-level sustainability strategy, regulatory analysis, and CO2 footprint mapping (GHG Protocol corporate level and LCA screening/EPD for products) using tools such as Variable. Targeted at companies needing to embed sustainability into product roadmaps.
• Industrialisering & produksjon (Industrialization and production) Industrialization and production support delivered in part through Creor, an Inventas-owned manufacturing subsidiary in Trondheim that provides prototyping, low-volume production, and manufacturability assessment. Targeted at companies moving products from prototype to production.
• Regulatorisk rådgivning (Regulatory consulting) Regulatory and standards advisory service that maps applicable requirements, directives, taxonomy, and standards for a given industry or product, including support for CE marking and approval processes (e.g., with Sintef). Targeted at companies navigating regulatory landscapes such as MDR, CE, Sintef, and DNV.
• Robotikk (Robotics engineering) Robotics engineering service including autonomous systems, sensor drones, and robotic control solutions such as subsea snake robots, picking robots, and autonomous sensor drones. Targeted at companies building robotic and autonomous products.
• Digital twin development Digital twin development linking a structural simulation model to real-time sensor data, using superposition-based static approaches and AI-based dynamic approaches to enable remaining-life assessment, predictive maintenance, and performance optimization. Targeted at companies in aquaculture, offshore, energy, medical, and aerospace sectors.
• Multiply IoT platform Proprietary IoT development platform created by Inventas that enables rapid customization of IoT solutions, supports remote monitoring and data collection from any location, and underpins both pilot and industrialized IoT products (e.g., the Flokk office chair sensor). Connects via 4G cellular networks to a cloud service and may be licensed to other companies building IoT solutions.
• Creor manufacturing services Manufacturing services delivered by Creor AS (formerly Inventas Fab AS), a wholly-owned subsidiary of Inventas (org. no. 917649359), providing prototyping, low-volume production, and manufacturability assessment for Inventas client projects. Located at Innherredsveien 7, 7014 Trondheim.
• Forretningsrådgivning (Business consulting) Business and strategy consulting for product companies, including business model development, startup support, and transition to new markets, often delivered alongside product strategy work. Targeted at product companies seeking strategic guidance.

Quantifiable outcome

• Spilka Fixade reduces facade mounting time by approximately 50% compared to traditional mounting on wooden battens.
• +7 more outcomes

Named customers43 records

Segments8 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability7 records

Feature6 records

Partnerships

13 partnerships are on record, tiered core / flagship infrastructure partner, standard analytics partner, standard content embedding partner, core hr / career site partner, domain-specialized collaboration partner, high-trust technical validation partner, regional coverage partner (tromsø), core in-house manufacturing partner / subsidiary, domain-specialized tooling partner, project-specific manufacturing partner, core sales & marketing automation partner, standardized financial infrastructure partner and academic r&d partner.

• HubSpotcore / flagship infrastructure partnerTechnology or IntegrationHubSpot is the chosen cloud-based marketing, sales, and customer-service platform for inventas.no. It is used for website hosting/operations, contact form handling, lead routing, newsletter management, and email automation. Inventas cites HubSpot's GDPR compliance and data-security commitment as the reason for selecting it, and the partnership is supported by data processing agreements.
• Google Analytics / Google Tag Managerstandard analytics partnerTechnology or IntegrationUsed to collect statistics on how visitors use inventas.no. Google Tag Manager is used to set up tracking and manage scripts on the site; no personal data is stored in GTM itself.
• Vimeo and YouTubestandard content embedding partnerTechnology or IntegrationEmbedded video content providers on the website. Their cookies collect statistics to improve the user experience.
• Teamtailorcore hr / career site partnerTechnology or IntegrationHR and recruitment platform integrated with the website; powers the career site (karriere.inventas.no), job-application handling, candidate information, and the 'Connect' candidate network. Includes its own privacy and cookie policy pages.
• OceanTechdomain-specialized collaboration partnerStrategic or Co-development PartnerCollaboration partner for strengthening competence within simulations and structural calculations. Together they solve challenges in the splash zone of marine installations, where waves constantly hit the structure above and below the waterline. Inventas contributes specialist simulation and structural-calculation competence.
• SINTEFhigh-trust technical validation partnerStrategic or Co-development PartnerIndependent Norwegian research organization engaged as a technical validation partner in the Stemma project for technical assessments and laboratory testing, and in other projects (e.g., Spilka Fixade technical approval for load-bearing capacity, fire, and rain resistance). SINTEF also co-developed an acoustic sensor for the Nordiq LiSa patient monitor.
• Norinnovaregional coverage partner (tromsø)Channel Partner/ Reseller/ DistributorCooperation partner for Inventas' Tromsø presence. Inventas uses Norinnova's premises at Sykehusvegen 23, 9019 Tromsø when needed, extending geographic reach into Northern Norway without a fully owned office.
• Creor AS (formerly Inventas Fab AS)core in-house manufacturing partner / subsidiaryOEM/ Whitelabel/ Licensing PartnerWholly-owned manufacturing subsidiary of Inventas (separate legal entity, org. no. 917649359). Provides production and industrialization expertise, including assessment of manufacturability and complexity, and supports production of products developed by Inventas (e.g., Stemma threshold drain). Located at Innherredsveien 7, 7014 Trondheim. Day-to-day managed by Aleksander Wermers.
• Variable (CO2 measurement tool)domain-specialized tooling partnerTechnology or IntegrationExternal tool used by Inventas to map CO2 emissions in the value chain, particularly for material selection, helping the company make more environmentally friendly choices in customer projects.
• Bryne Plastproject-specific manufacturing partnerStrategic or Co-development PartnerLocal Norwegian production partner involved in the Stemma project for production and industrialization of the threshold drain product. Material is sourced from EU countries (mainly Germany) and casting is done locally at Jæren.
• HubSpot Inc. (sales & marketing automation platform)core sales & marketing automation partnerTechnology or IntegrationHubSpot is used as the sales and marketing automation platform; users registering for newsletters confirm that the information will be transferred to HubSpot for processing in accordance with its privacy policy and terms.
• ELMA (electronic invoice registry)standardized financial infrastructure partnerTechnology or IntegrationInventas is ELMA-registered for receiving electronic invoices in the EHF (Elektronisk handelsformat / Electronic Commerce Format) standard for all its legal entities (Inventas AS, Inventas Kristiansand AS, Creor AS).
• NTNU (Norwegian University of Science and Technology) - Professor Terje Rølvågacademic r&d partnerStrategic or Co-development PartnerCollaborative partner on the bicycle digital-twin R&D project, which used a partially instrumented 19-inch Hardrocx Super M4 bike frame provided by NTNU. Demonstrated application of digital twin concepts from research to industrial projects.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Bouvet ASA: Norwegian publicly listed IT and engineering consultancy with ~2,400 employees and offices across Norway. Closest direct Nordic peer in scale, geography, and multi-disciplinary consulting services, including design, software, and embedded engineering for Norwegian enterprise and public-sector clients.
• Itera ASA: Norwegian-listed technology consultancy delivering digital services, IoT, and data engineering. Comparable Nordic peer with similar mix of embedded, cloud, and IoT work for enterprise clients, though with a stronger software/data tilt than Inventas's hardware-heavy projects.
• Knowit AB: Nordic digital and design consultancy with ~4,000 employees across Sweden, Norway, Finland, Denmark, and the Baltics. Directly comparable on cross-disciplinary product and service design, embedded systems, and digital transformation for enterprise clients in the Nordic market.

Broad incumbents

• COWI A/S: Danish engineering consultancy with ~7,500 employees specializing in infrastructure, energy, environment, and digital design. Compares to Inventas on simulation and structural analysis competencies, but is a broad incumbent serving large infrastructure programs rather than discrete hardware products.
• Sweco AB: Sweden-headquartered European engineering, design, and architecture consultancy with ~22,000 employees. Overlaps with Inventas on industrial product development, simulation, and sustainability advisory, but operates as a broad incumbent across infrastructure, water, and energy rather than as a specialist hardware product agency.
• AFRY (formerly ÅF): Sweden-headquartered European engineering, design, and advisory consultancy with 19,000+ employees across 40+ countries. Comparable on engineering and design services for industrial, energy, and infrastructure clients, but far larger and globally diversified, operating as a broad incumbent in the same space as Inventas.
• Rambøll Group: Danish-headquartered global engineering, architecture, and consulting firm with 18,000+ employees. Comparable on engineering design, sustainability advisory, and digital twin capabilities, but operates at much larger scale and broader scope than Inventas's product-focused engagements.
• Tietoevry: Nordic-headquartered IT and engineering services company with ~24,000 employees across the Nordics. Comparable on embedded systems, IoT, and digital engineering for Nordic enterprise customers, but oriented toward software/cloud services rather than physical product development.

Emerging players

• Halodi Robotics: Norway-based robotics company developing humanoid robots with embedded mechatronics and AI capabilities. Partially comparable as a Nordic peer working at the intersection of robotics, embedded systems, and product design that benefits from Inventas's cross-disciplinary engineering ecosystem.

Others

• SINTEF: Norway's largest independent research organization with 2,000+ employees and deep competence in simulation, materials, maritime, energy, and digital systems. Functions as both a partner and an adjacent ecosystem player; comparable on advanced FEM/CFD simulation and technical validation capabilities relevant to Inventas's product work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/inventasdesign
• LinkedInlinkedin.com/company/inventas
• Instagraminstagram.com/inventas_design

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 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 Inventas