What Nokeval does

Nokeval Oy, founded in 1980 and headquartered in Nokia, Finland, is a privately held designer, manufacturer, and integrator of IoT measurement and condition-monitoring solutions for industrial, food-service, construction, and energy customers. Its product portfolio centers on the NSnappy® cloud integration platform—a flexible, customizable IoT software layer offered as a subscription service—combined with over 500 wireless and wired measurement device models including LoRaWAN transmitters (e.g., NSnappy Sense, Hygi, Cool, Kide, Flex2 series, Kombi multi-sensor), infrared devices, sensors, displays, and the OVA-palvelu™ cold-chain monitoring service. The company also delivers in-house ODM manufacturing and end-to-end custom product development from specification through finished electronics, with design and production co-located in Finland.

Revenue is generated through four streams: (1) hardware sales of measurement devices and sensors, (2) recurring/cloud subscription services via NSnappy and the OVA service, (3) custom product development and ODM design-manufacturing contracts, and (4) calibration services supporting regulatory compliance. Nokeval markets primarily through a sales-led, direct field-sales motion in Finland combined with an international network of authorized retailers across roughly 19 countries in Europe, Asia-Pacific, and Latin America. Pricing is quote-based and contracted rather than listed publicly, with multi-year contracting indicated. The customer base spans commercial kitchens (HMSHost, Soupster), food production, building and construction monitoring (Vilpe, Voimia), water management (Verto/Smartvatten), security (eGate), industrial manufacturing, and electrical infrastructure—with compliance anchored in EU Regulation 37/2005 for cold-chain temperature monitoring and ISO 9001 quality certification.

Following a generational ownership change in June 2021, the company has deployed private capital and EU grant co-funding toward scaling its IoT platform, opened a Helsinki office, signed a strategic partnership with Caverion (2023) for facilities management digital monitoring, and in February 2026 appointed a Chief Business Officer specifically to scale its ODM business. Headcount stood at approximately 38 in 2021, with FY2020 turnover reported at €3.4 million.

Name

Nokeval

Legal name

Nokeval Oy

Website

https://nokeval.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

Nokeval Oy designs, manufactures, and integrates IoT measurement hardware and the NSnappy cloud platform for condition monitoring in food service, food production, construction, industrial, and energy customers across roughly 19 countries, supplemented by ODM design-manufacturing and calibration services.

Ownership category

akta.pro rank

Product category

Industrial IoT Measurement Solutions

NAICS

Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Other Measuring and Controlling Device Manufacturing (334519), Analytical Laboratory Instrument Manufacturing (334516)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Measuring & Controlling Devices, Nec (3829)

akta.pro primary industry

Condition Monitoring Sensors & IoT (online/offline monitoring, edge devices) (EUADAJAD)

akta.pro secondary industries

Smart Climate & Air Quality (Thermostats, HVAC, Purifiers, IAQ Sensors) (HSAPAQAD), Cold storage facility environmental sensing (rooms, freezers, blast chillers) (TLAEALAL), Humidity & dew point monitoring sensors (TLAEALAB), Cold Chain Monitoring, Sensors & Control Towers (IoT, data loggers) (HLAGAMAG)

Keywords

• IoT measurement devices
• Wireless condition monitoring
• Cloud monitoring platform
• Temperature monitoring solutions
• Cold chain compliance

Headquarters

HQ city

Nokia

HQ country

Finland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. IoT Hardware Sales: Sale of wireless measurement devices, sensors, transmitters, displays, and base stations. Over 500 device models developed and manufactured. Includes temperature, humidity, CO2, air quality sensors and related equipment.
2. Cloud Services (NSnappy®): Subscription-based cloud platform services for IoT device management, monitoring, alerts, reporting, and data analysis. 700+ cloud service users mentioned.
3. Custom Product Development & ODM: Full-cycle product development services from specification through design to manufacturing, offering customized IoT solutions for specific customer requirements.
4. Calibration Services: Calibration services for measurement equipment to ensure accuracy and regulatory compliance.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Nokeval designs, manufactures, and sells IoT measurement hardware and cloud-based monitoring solutions for critical condition monitoring. The company offers over 500 device models including wireless LoRaWAN transmitters, sensors, displays, and base stations, complemented by the NSnappy® cloud integration platform for monitoring and managing conditions such as temperature, humidity, air quality, and process parameters across food service, construction, manufacturing, and energy industries.

Product overview

Nokeval is a designer and provider of critical condition monitoring solutions combining IoT measurement hardware with cloud-based software platforms. The product portfolio centers on the NSnappy® cloud integration platform (flexible, customizable IoT cloud platform for condition monitoring and task automation), complemented by over 500 wireless and wired measurement device models including LoRaWAN transmitters (NSnappy Sense, NSnappy Hygi, NSnappy Cool, Flex2 Series, Kombi, Kide, Stable), temperature/humidity sensors, infrared devices, displays, and transmitters. The ecosystem includes the OVA-palvelu™ monitoring service for EU cold chain compliance. Nokeval also offers custom cloud services (on AWS, Google Cloud, Azure), full product development services, and ODM manufacturing for tailored IoT solutions. The NSnappy platform supports LoRaWAN wireless devices and provides REST API integration with third-party systems.

Differentiator

Problem solved

Functional benefit

Brands

• NSnappy®: Cloud-based IoT platform for monitoring and managing critical conditions, task guidance, and operational management across various industries including food preparation, hygiene, and industrial environments.
• OVA-palvelu™

Products and services

• NSnappy® Integration Platform
• NSnappy® Sense Probe Thermometer
• NSnappy® Sense-250 Probe Thermometer
• NSnappy® Sense IR Infrared Thermometer
• NSnappy® Hygi ATP Luminometer
• NSnappy® Wash Dishwasher Transmitter
• NSnappy® Cool Cooling Transmitter
• NSnappy® Kide Temperature Transmitter
• Flex2 Series Transmitters
• Stable Transmitter
• Kombi Multi-Sensor Transmitter
• OVA-palvelu™
• Cloud Services
• Product Development Services
• ODM Manufacturing
• Calibration Service
• LoRaWAN Transmitters

Quantifiable outcome

• 700+ cloud services users
• +2 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• CaverioncoreStrategic or Co-development Partner · 3 July 2023Partnership to develop digital condition monitoring solutions. Nokeval, as developer and manufacturer of smart IoT measuring equipment and digital services, is collaborating with Caverion to create integrated digital monitoring solutions for facilities management.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Testo: German measurement technology company offering portable and fixed temperature, humidity, and air quality instruments plus data loggers. Closely comparable to Nokeval in measurement hardware and HVAC/food service use cases.
• Optris GmbH: German manufacturer of non-contact infrared temperature measurement devices and cameras. Directly comparable to Nokeval's infrared product line, which Nokeval actually distributes (Optris products handled by Strategic Account Manager Vesa Viitamäki).
• Elpro-Buchs (ELPRO): Swiss provider of cold chain monitoring solutions for pharmaceuticals and food with GxP-compliant data loggers and cloud platform. Comparable to Nokeval's OVA-palvelu and NSnappy for temperature monitoring, warehousing, and storage.
• Onset (HOBO) / Onset Computer Corporation: US-based provider of data loggers and wireless monitoring for environmental conditions. Comparable to Nokeval's temperature, humidity, and wireless sensor products used in construction and building monitoring.
• Sensitech (a Carrier company): Cold chain visibility and temperature monitoring solutions for life sciences, food, and industrial customers. Comparable to Nokeval's cold-chain and food industry monitoring offerings with overlapping regulated-compliance use cases.
• Lascar Electronics: UK-based designer and manufacturer of data loggers, panel meters, and digital displays. Comparable product overlap with Nokeval's panel meters, displays, and wireless measurement devices for industrial and OEM use cases.
• Tinytag / Gemini Data Loggers: UK-based manufacturer of temperature and humidity data loggers used for monitoring in food, pharma, museums, and buildings. Comparable to Nokeval's wireless temperature/humidity monitoring products for similar regulated and quality-control use cases.
• Rotronic (Process Sensing Technologies): Swiss manufacturer of humidity, temperature, CO2, and differential pressure measurement instruments with cloud connectivity. Directly comparable to Nokeval's Kombi transmitter and IAQ monitoring solutions for buildings and industry.

Broad incumbents

• Vaisala: Finnish global leader in environmental and industrial measurement (humidity, CO2, dew point, weather). Direct overlap with Nokeval's IAQ and industrial condition monitoring portfolio; significantly larger scale and broader product line.

Emerging players

• METER Group (formerly Decagon Devices): US manufacturer of environmental sensors for soil, water, and atmospheric monitoring with cloud data services. Comparable in IoT-enabled environmental sensing with cloud connectivity; focused more on agriculture and research verticals.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/nokeval

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Nokeval