What Evelon does

Evelon is a Norwegian IT services company headquartered in Oslo that delivers enterprise-grade IT solutions adapted for small and medium-sized businesses, including IT security with 24/7/365 monitoring, cloud services, digitalization, AI implementation, and IT operations management. The company operates a managed services revenue model, bundling infrastructure, security, and consulting into ongoing contracts under a sales-led go-to-market approach that targets Norwegian SMBs through direct phone and email outreach with personalized account management.

In 2025, Evelon merged with Upheads, another Norwegian IT services provider, creating a combined entity of approximately 370 employees across ten locations in Norway. The merger is described by both companies as a strong strategic, geographic, and cultural match and significantly strengthens the combined organization's presence in the Østlandet region. Following the merger, the combined organization operates close to the NOK 1 billion revenue threshold and has expanded its market presence to include Sweden.

The combined business maintains ISO/IEC 20000-1 (IT service management) and ISO/IEC 27001 (information security) certifications, and reports an 87% customer satisfaction score. Its service portfolio is delivered through direct sales channels supplemented by named reference cases (e.g., Nationaltheatret, Glommen Mjøsen Skog, LIWLIG, Klinikk Hausken on the Upheads side), content marketing via the corporate website, and organic social presence on LinkedIn, Facebook, and Instagram. Leadership at the Evelon legal entity includes CEO Stian Gabrielsen.

Name

Evelon

Legal name

Evelon

Website

https://evelon.no

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Evelon is a Norwegian IT managed services provider offering IT security, cloud, digitalization, and AI solutions to small and medium-sized businesses. Following its 2025 merger with Upheads, it operates as part of a 370-employee combined entity across ten Norwegian locations.

Ownership category

akta.pro rank

Product category

Managed IT Services

NAICS

Computer Facilities Management Services (541513), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Service Desk & ITSM Outsourcing (BPAEAMAF)

akta.pro secondary industry

Identity & Access Management (IAM) Administration Services (BPAEABAJ)

Keywords

• Managed IT services
• IT security services
• Cloud services
• IT operations
• Business digitalization

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. IT Services and Solutions: Provides comprehensive IT services to SMB including IT security, cloud services, digitalization, AI solutions, and IT operations. Revenue generated through managed IT services contracts.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Evelon is a Norwegian managed IT services provider that delivers IT security, cloud services, digitalization (including Microsoft 365 and SharePoint solutions), AI solutions, and IT operations (drift) to small and medium-sized businesses. Following its 2025 merger with Upheads, the combined entity operates with 370 employees across ten locations in Norway, offering enterprise-grade IT capabilities adapted for SMB customers, including 24/7/365 security monitoring and incident response.

Differentiator

Problem solved

Functional benefit

Products and services

• IT Security (IT-sikkerhet)

Quantifiable outcome

• 87% customer satisfaction

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• UpheadscoreStrategic or Co-development PartnerUpheads is merging with IT-selskapet Evelon. The merger represents a significant strengthening of Upheads' presence in Eastern Norway (Østlandet), where many of their customers are located. The companies describe themselves as a good strategic, geographic, and cultural match. Following the merger, the combined entity has 370 employees across ten locations in Norway. The merger positions the combined company closer to the billion-krone revenue threshold.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Netlight: Nordic IT consultancy with offices across the Nordics including Norway, focused on digital transformation and technology consulting. Comparable in culture, Nordic footprint, and mid-market technology delivery.
• Bouvet ASA: Norwegian-listed IT consulting and digital services firm serving Norwegian public and private SMB and mid-market clients with similar multi-office local presence. Directly comparable in customer segment and service mix (consulting, digitalization, cloud, software development).
• Itera ASA: Nordic digital services and IT consulting firm with Norwegian operations serving enterprise and mid-market clients. Comparable in Nordic delivery model, digitalization/consulting offerings, and similar customer segments.
• Webstep ASA: Norwegian IT consultancy and services provider focused on development, digitalization, and IT operations for Norwegian and Nordic clients. Closely comparable in headcount scale, Norwegian SMB/mid-market focus, and consulting-led delivery model.
• Crayon Group Holding ASA: Nordic-headquartered provider of software and cloud economics, managed services, and IT optimization to SMB and mid-market customers. Comparable in Nordic focus, cloud-centric managed services portfolio, and target customer size.

Broad incumbents

• Knowit AB: Nordic digital and IT consultancy with Norwegian operations providing consulting, digital solutions, and managed services. Comparable in service portfolio and Nordic SMB/mid-market focus, though with broader geographic and capability footprint.
• Atea ASA: Largest Nordic IT infrastructure and services provider, with a broad portfolio spanning hardware, software, managed services, and consulting across the Nordics. Overlaps heavily with Evelon's SMB infrastructure, cloud, and security offerings but at materially larger scale.
• Capgemini: Global IT services and consulting leader with Nordic operations providing managed services, cloud, and digital transformation. Overlaps with Evelon's broader services portfolio at a significantly larger scale and global reach.
• Sopra Steria: European IT services group with significant Nordic presence offering consulting, system integration, and managed services to enterprise and public sector. Comparable in managed services and digital transformation offerings, but at much larger scale.
• Tietoevry: Major Nordic IT services and software company with a large Norwegian business serving public sector, enterprise, and mid-market customers. Comparable in Nordic SMB/mid-market managed services and digitalization offerings but with significantly deeper resources.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/evelonas
• LinkedInlinkedin.com/company/evelon-as

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Evelon