What QTE Development AB does

QTE Development AB is a Swedish private digital product consultancy founded in 2018 that designs, builds, and operates custom digital products for enterprise and mid-market clients. The firm is headquartered in Stockholm (Hammarbybacken 27) with a registered address in Ronneby, Sweden, and operates as part of the Qvik Group (a collective of approximately 150 consultants, of which QTE itself comprises roughly 50+). Its service surface spans mobile and web application development, system and data management, design, e-commerce, VR/game development, accessibility, operations and maintenance, and AI-driven solutions, delivered through three engagement models: project delivery, team augmentation, and AI workflow solutions.

The customer base is distributed across verticals with named enterprise logos in logistics (DHL, DHL Freight), fintech (Kameo, DNB Carnegie), media and publishing (Kvartal, Fokus, Bonniers, Storytel), retail (HAALE, Nordic Knots), automotive (Koenigsegg), energy (Ellevio), manufacturing (Electrolux), security (Säkerhetspartners), industrial conglomerate (Axel Johnson International), building materials (Byggvarubedömningen), and health tech (Haales). Pricing is not publicly disclosed; engagements are quote-based with monthly billing cadence and salary or scope discussed upon agreement. The go-to-market is sales-led and consultative, combining a named Head of Sales (Erik Terngård), founder-led initial meetings (co-founders Oskar Råhlén and Jakob Råhlén), and event-driven demand generation, including co-hosted industry after-work sessions with partners such as Signicat on EUDI Wallet readiness.

Commercially, QTE has received three Di Gasell awards (most recently Di Mästargasell 2026), the Publishingpriset 2024, and consecutive inclusion on Sweden's Best Workplaces in IT list (Great Place to Work 2025), with reported employee satisfaction of 96% and an eNPS of 9.6/10. Operations are entirely domestic within Sweden with no disclosed international footprint, public revenue figures, or external funding rounds, and the company remains privately held under the Qvik Group umbrella.

Name

QTE Development AB

Legal name

qte development AB

Website

https://qte.se

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

QTE Development AB is a Swedish digital product consultancy that designs, builds, and operates custom mobile, web, data, and AI-driven solutions for enterprise clients in finance, logistics, media, and health tech, operating within the Qvik Group with roughly 50+ consultants.

Ownership category

akta.pro rank

Product category

Software Development Services / IT Consulting

NAICS

Custom Computer Programming Services (541511)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

Custom Application Development (Web/Mobile/Desktop) (BPAEAFAA)

akta.pro secondary industry

Enterprise Application Reporting, BI & Analytics Enablement (BPAEAGAK)

Keywords

• Custom software development
• Mobile app development
• Web development services
• AI development services
• Digital product design

Headquarters

HQ city

Ronneby

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Project Delivery: Custom digital product development engagements delivered as discrete projects, covering strategy, design, development, and operational support for ambitious companies.
2. Team Augmentation: Embedded consulting teams that strengthen client development capacity, provided as long-term resource augmentation.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

QTE Development AB is a Swedish tech consultancy that delivers custom digital product development for ambitious companies. Services span app development, web platforms, UX/UI design, system development, data management, e-commerce, VR/game development, AI-driven solutions, and ongoing operations and maintenance, delivered via project-based engagements and team augmentation models.

Product overview

QTE Development AB is a tech consultancy that develops custom digital products for ambitious companies. Rather than offering a single unified product, they provide technology services including app development, web development, system development, design, data management, operations and maintenance, e-commerce, VR/gaming development, AI-driven solutions, and accessibility services. They operate across multiple industries including finance (digital banking, fintech, payments), logistics, publishing/media, and health tech. The company offers delivery models including project delivery, team augmentation, and AI workflow solutions. No named product modules, platforms, or branded offerings with distinct feature sets were identified in the source material.

Differentiator

Problem solved

Functional benefit

Named customers17 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

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• SignicatcoreStrategic or Co-development PartnerSignicat is Europe's leading digital identity company, founded in 2006, serving over 21,000 companies with secure identity verification, authentication, and electronic signing. QTE is an official partner to Signicat and helps their customers integrate Signicat's solutions into digital products. They co-host industry events on EUDI Wallet readiness.
• QvikcoreOthersQTE is part of the Qvik group, a collective of over 150 consultants. Qvik serves as the parent/group structure under which QTE operates as one of the entities providing tech partnership and digital development services.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Iteam: Stockholm-based digital agency of comparable size building custom web and mobile products for Swedish enterprises. Directly comparable on offering mix, target customer, and consultant-led delivery model.
• North Kingdom: Swedish digital experience agency delivering custom interactive and digital product builds for global brands. Comparable creative-tech blend, with greater emphasis on award-driven creative work.
• Reaktor: Finnish/Nordic software consultancy delivering custom digital products, design, and emerging-tech builds. Comparable culture, delivery model, and enterprise client mix; larger headcount.
• Netlight: Nordic management and tech consultancy with a similar values-driven culture, strong employer brand, and custom digital delivery focus. Closely comparable on talent-led positioning and Swedish/Nordic enterprise client base.
• Snowfire: Stockholm digital agency delivering custom app and web development for Swedish enterprise clients. Closely overlaps QTE on offering (mobile, web, e-commerce) and target verticals.
• Beyondsolution: Stockholm-based digital consultancy offering custom software, app development, and UX design. Comparable in size, geography, and bespoke project delivery model.

Broad incumbents

• Sigma Technology: Swedish IT consultancy group offering custom software development, embedded teams, and digital product services. Comparable on team augmentation and custom development but operates at significantly larger scale across the Nordics.
• Knowit: One of the largest Nordic digital and IT consultancies, offering custom development, design, and digital transformation across the region. Same customers and verticals as QTE but at materially larger scale and broader service portfolio.
• AFRY (ÅF): Swedish engineering and digital consultancy with a sizable digital products and enterprise software practice. Comparable on enterprise Swedish customers but with a much broader industrial and engineering footprint.
• Tietoevry: Largest Nordic IT services and software house, serving banks, media, and industrial enterprises with end-to-end digital services including custom application development. Overlaps QTE on enterprise verticals at vastly greater scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

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

Investments

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

Frequently asked questions about QTE Development AB