What Devity does

Devity AS is a privately held Norwegian software development and IT services company headquartered in Sandnes, Norway. With over 20 years of operating history, the firm focuses on building and maintaining business-critical software systems, with particular depth in the financial sector where stability, traceability, and documentation are paramount. The company's defining proposition is a full-lifecycle engagement model in which a single team carries responsibility from needs assessment and design through development, release, 1st-3rd line support, maintenance, and continuous improvement, intended to eliminate the hand-off friction typical of separated development and support vendors.

Devity's offering is structured around four service pillars: custom software development (web, mobile, and enterprise), integrations and APIs, business-critical platform development, and full lifecycle management. Delivery follows a small-release, agile methodology and selectively incorporates AI capabilities within defined security and data-handling constraints. No proprietary software product is disclosed; the firm operates as a professional services organization delivering bespoke client work rather than packaged software.

The business model combines professional services revenue from development projects with recurring support and maintenance contracts, producing a mix of project and retainer-style income. Devity serves enterprise and business clients in Norway through a consultative, direct sales motion, with pricing handled on a quote basis and no public rates disclosed. The firm is privately held and bootstrapped, with no external investors, no subsidiaries, no public listing, and no M&A activity in the disclosed record. Operations are run from a single location in Sandnes, with no evidence of broader geographic footprint.

Name

Devity

Legal name

Devity AS

Website

https://f5it.ro

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Stavanger

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Custom Software Development: Tailored web, mobile, and enterprise software development services aligned with client technology landscape and users. Development follows a lifecycle approach from needs assessment and design through development, release, and ongoing support.
2. Support and Maintenance Services: Comprehensive support covering 1st-3rd line support, monitoring, maintenance, and continuous development. Provided as an integrated service under one agreement with one team, creating recurring revenue through ongoing client relationships.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Devity is a Norwegian development company that provides custom software development, integrations and APIs, and business-critical platform engineering for enterprises, particularly in the financial sector. Its core differentiator is full lifecycle management: the same fixed team handles needs assessment, design, development, controlled release, monitoring, 1st–3rd line support, maintenance, and continuous improvement under a single agreement.

Product overview

Devity is a Norwegian development company offering a portfolio of custom software services. The offering consists of four core services: Custom Development Services (web, mobile, and enterprise solutions), Integrations and APIs (system integration and interface development), Business-Critical Platforms (high-stability, traceable systems), and Full Lifecycle Management (release, monitoring, support, and ongoing development). These services are delivered as an integrated suite where the same team handles development, support, and continuous improvement throughout the solution's lifetime.

Differentiator

Problem solved

Functional benefit

Products and services

• Custom Development Services Tailored web, mobile, and enterprise software development adapted to client needs, technology landscape, and users, delivered as part of a long-term partnership rather than a one-off project.
• Integrations and APIs Robust data flow solutions and ownership of the interfaces that connect and bind systems together across client technology landscapes.
• Business-Critical Platforms Systems built for environments where stability and traceability are essential, designed to withstand real-world operational demands, particularly in finance and other high-precision sectors.
• Full Lifecycle Management Comprehensive service covering release, monitoring, 1st–3rd line support, maintenance, and continuous development delivered in a single agreement with one fixed team.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators1 record

Expansion highlights1 record

Direct peers

• Webstep ASA: Norwegian IT consultancy providing custom software development, application management, and digital expertise to enterprise clients. Similar size, focused on long-term engagements with Norwegian customers.
• Netlight Consulting AB: Nordic IT consultancy delivering custom software, digital strategy, and tech-enabled transformation. Comparable premium positioning and full-lifecycle engagement model across the Nordics.
• Itera ASA: Norwegian-headquartered IT services firm specializing in custom software development, advisory, and digital solutions across the Nordics. Comparable in scale, geography, and core service portfolio to Devity.
• Sigma Group AS: Nordic IT consulting and software development group with operations in Norway. Directly comparable in business-critical software, systems integration, and consulting services.
• Knowit AB: Nordic IT and digital consulting firm with strong presence in Norway and Sweden. Closely comparable business model delivering custom software, system integration, and managed services to enterprise and public-sector clients.
• Bouvet ASA: Norwegian IT consulting and software development firm serving public and private sector clients across Scandinavia. Directly comparable as a Norway-headquartered custom software and digital services peer with similar lifecycle support offerings.

Broad incumbents

• Capgemini SE: Global IT consulting and software services firm with significant Nordic presence. Comparable in custom software and application services delivery to enterprise clients, though at a vastly broader portfolio scale.
• Tietoevry Oyj: Large Nordic-headquartered IT services and software company serving financial services, public sector, and enterprise. Overlaps with Devity's customer base and offering but operates at a much larger scale across multiple domains.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/devity-as

Revenue estimate

Valuation estimate

Number of profiles

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 Devity