Apex IT

What Apex IT does

Apex IT AS is a Norwegian private SaaS company founded in 2014 by Torkil Munkhaugen, a veteran in residential construction. The company develops and sells APEX, a digital project and case management platform built specifically for the Norwegian construction and real estate industry. APEX covers the full project lifecycle—from project creation, sales, and digital inspections through electronic handover (with BankID signing), defect and complaint management, FDV (operations and maintenance) documentation, digital add-on selection (with NOBB integration), and RUH unwanted-incident reporting—and serves as a shared workspace connecting developers, contractors, sub-trades, consultants, architects, and home buyers via web, mobile, and tablet. A customer-facing MinSide portal gives home buyers direct access to documents, selections, and case communication.

The business operates a B2B SaaS subscription model with custom annual pricing tied to project size, user count, and required functionality. Distribution is direct enterprise field sales, led by a Chief Commercial Officer and Solution Sales Managers targeting Norwegian property developers, contractors, and construction firms, supplemented by content marketing, customer testimonials, and referral-based demand generation. The company holds two 2023-acquired sub-brands—Unite Living and MyRent AS—focused on rental property management, and is partially owned by Finstart Nordic AS, a wholly owned investment vehicle of SR Bank ASA. Strategic partners include Heime Proptech (student housing, 2024), Nordea, DNB, BN Bank, Søderberg & Partners, and Overo.

Headquartered in Tiller (Trondheim), Norway with a second office in Oslo, Apex IT employs approximately 19 people and reports exceptional recent growth following the rollout of a Fast Close process. The company's stated strategic priorities include international expansion beyond Norway and continued development of its rental management vertical.

Name

Apex IT

Legal name

APEX IT AS

Website

https://apexapp.io

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Apex IT is a Norwegian SaaS company that offers APEX, a digital project and case management platform for the construction and real estate industry, covering inspections, handover, defects, and documentation for developers, contractors, and home buyers across Norway.

Ownership category

akta.pro rank

Product category

Construction Project Management Software

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Records & Information Management (RIM) / Records Management (HDAEAGAC)

Keywords

• Construction project management
• Construction SaaS platform
• Property handover software
• Building case management
• Construction documentation software

Headquarters

HQ city

Tiller

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription: Apex operates as a B2B SaaS platform with a subscription revenue model. Pricing is customized based on project size, number of users, and required functionality. This indicates a tiered per-project, per-seat or hybrid pricing model typical of construction SaaS platforms.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Apex IT develops and sells APEX, a B2B SaaS platform for the construction and real estate industry that consolidates the entire project lifecycle — project creation, sales, digital inspections, property handover, defect and complaint management, and operations/maintenance documentation — into a single web and mobile system connecting developers, contractors, consultants, and home buyers. The company also operates Unite Living, a sub-brand offering rental management software for landlords and professional property managers, acquired in 2023.

Product overview

Apex IT offers a portfolio of two main products: APEX and Unite Living. APEX is the core platform—a digital toolbox developed by and for the construction industry that covers the entire project lifecycle from project creation through sales, inspections, handover, and complaints. The APEX platform includes multiple integrated modules: Digitalt tilvalg (digital selections for new builds), Befaring (inspection management), Overtakelse (electronic handover protocols), Avvik og Reklamasjon (defect and complaint management), FDV-Dokumentasjon (operations/maintenance documentation), and RUH-Skjema (incident reporting). The platform provides a common work tool for developers, contractors, consultants, architects, and craftsmen. Unite Living is a separate sub-brand focused on property rental management and student housing, acquired in 2023 and now expanded through a partnership with Heime Proptech. The company also offers customer-facing portals (MinSide and APEX Portal) for residential customers to access their property information, selections, and communicate with developers.

Differentiator

Problem solved

Functional benefit

Brands

• Unite Living: A rental management solution that automates tasks for landlords and enables more efficient property management. Also targets student housing management through partnership with Heime Proptech.

Products and services

• APEX
• Unite Living

Named customers11 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature10 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Heime ProptechcoreStrategic or Co-development PartnerApex IT and Heime Proptech entered into a strategic partnership to revolutionize residential property management for students. This partnership leverages both companies' strengths in property technology.
• NordeaminorStrategic or Co-development PartnerListed as a strategic partner collaborating to deliver better services and value to customers. Nature of collaboration is not detailed.
• DNBminorStrategic or Co-development PartnerListed as a strategic partner collaborating to deliver better services and value to customers. Nature of collaboration is not detailed.
• BN BankminorStrategic or Co-development PartnerListed as a strategic partner collaborating to deliver better services and value to customers. Nature of collaboration is not detailed.
• Søderberg & PartnersminorStrategic or Co-development PartnerListed as a strategic partner collaborating to deliver better services and value to customers. Nature of collaboration is not detailed.
• MyRent AScoreTechnology or IntegrationAcquired by Apex IT in 2023. MyRent specializes in rental services for landlords and professional property managers, complementing Apex IT's value proposition in the property management space. MyRent was acquired alongside Finstart Nordic AS joining as investor.
• Unite LivingcoreTechnology or IntegrationApex IT owns Unite Living, also acquired in 2023. Unite Living automates a range of tasks for landlords and professional property managers, enabling more efficient property administration. Unite Living and MyRent complement Apex IT's offering for rental companies and property managers.

Scale indicators3 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• LetsBuild: Danish construction project management SaaS covering site execution, quality, and reporting. Comparable to APEX in targeting general contractors with project-level collaboration and quality workflows.
• PlanRadar: European construction SaaS for defect, task, and handover management. Closely mirrors APEX's overtakelse (handover) and avvik/reklamasjon (defects) feature sets and targets the same property developer and contractor personas.
• BuildSafe: Swedish construction SaaS focused on safety, quality, and project risk management. Direct Nordic peer with overlapping site inspection and reporting capabilities relevant to APEX's befaring module.
• Cobuilder: Norwegian construction data and materials platform with deep ties to NOBB. Comparable as a homegrown Norwegian construction-tech vendor addressing similar digitalization pain points.
• Congrid: Nordic construction SaaS focused on quality assurance, safety, and defect management. Directly comparable to APEX's inspection, defect, and complaint-management modules and competing for similar developer/contractor customers.
• Dalux: Danish construction tech firm offering BIM, field management, and handover tools. A direct Nordic peer competing for the same contractor and developer segment, with overlapping handover and inspection functionality.
• Catenda: Norwegian BIM collaboration platform serving construction stakeholders. Comparable as a Norway-based construction collaboration SaaS, though more BIM-centric than APEX's lifecycle case-management focus.

Broad incumbents

• Finalcad: Construction field-management and handover platform (now part of Nemetschek). Comparable in defect, inspection, and handover workflows but operates at a larger, multinational scale as a broad incumbent.
• Procore: Global construction management platform with deep functionality across the project lifecycle. Represents the broad incumbent APEX would compete against as it expands, offering wider feature breadth but less localized Norwegian workflow depth.
• Autodesk Construction Cloud: Incumbent construction platform combining BIM, project management, and field execution. Comparable as a broad incumbent whose expansion into the Nordics could pressure APEX's market position.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/apexapp.no
• LinkedInlinkedin.com/company/apexapp

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 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 Apex IT