What Vitec Fastighet does

Vitec Fastighet (legal entity Vitec Förvaltningssystem AB) is a Swedish vertical SaaS company founded in 1985 that builds and operates the Evo Affärssystem, a cloud-based business system for property management. The platform covers rental administration (Vitec Hyra, Vitec Marknad), tenant and applicant engagement (Vitec Arena / Mina sidor and the Vitec Boendeapp), technical property management (Vitec Teknisk Förvaltning), energy and sustainability tracking (Vitec Energiuppföljning), property-specific accounting (Vitec Ekonomi), commercial-space CRM (Kommersiella lokaler), and business analytics (Vitec Verksamhetsanalys), with the Evo Next web interface, Vitec Identity SSO, and the Evo API platform as cross-cutting layers. The company also contributes to FastAPI, the industry-standard open API developed by Sveriges Allmännytta, and supports over 100 integrations.

The company sells to six clearly-defined Swedish customer segments — BRF-förvaltare (housing cooperatives), Förvaltande bolag (managing companies), Kommersiella lokaler (commercial-space operators), Kommunala fastighetsbolag (municipal housing companies), Kommuner (municipalities), and Privata fastighetsbolag (private property companies) — through a direct sales motion with regional account managers, a sales contact form feeding SuperOffice CRM, and an annual customer conference (VitecDagarna) with associated Vitec Awards. It monetizes exclusively through subscription SaaS contracts on annual or multi-year billing, with quote-based (not publicly disclosed) pricing.

Vitec Fastighet is a wholly-owned subsidiary of Vitec Software Group and operates with approximately 150 employees across 11 offices from Umeå to Malmö, generating approximately 283 million SEK in FY2024 revenue and serving around 1.5 million tenants daily through its customer base. The platform carries implied ISO 9001 quality processes, a dedicated security function, and recent AI features embedded into Evo Next, Arena, and Ekonomi for case summarization, multilingual tenant interaction, and 24/7 user assistance.

Name

Vitec Fastighet

Legal name

Vitec Förvaltningssystem AB

Website

https://vitec-fastighet.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

101–250 employees

Short description

Vitec Fastighet is a Swedish vertical-SaaS company that provides the cloud-based Evo Affärssystem — including rental, technical, energy, and finance modules — to Swedish housing associations, municipal property companies, and private landlords, serving 1.5 million tenants daily.

Ownership category

akta.pro rank

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription - Evo Affärssystem: Vitec Fastighet operates as a cloud-based SaaS provider offering subscription-based access to their comprehensive property management system Evo Affärssystem. The system includes multiple integrated modules for rental management, technical maintenance, energy monitoring, finance, and analytics. Revenue is generated through ongoing subscriptions with annual or multi-year billing arrangements, representing the primary revenue stream for the company with turnover of approximately 283 million SEK in 2024.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Vitec Fastighet provides Evo Affärssystem, a cloud-based SaaS platform for property management in Sweden, covering rental administration, technical maintenance, energy and sustainability monitoring, financial accounting, and business analytics. The platform serves housing associations (BRF), municipal property companies, private property firms, and commercial real estate operators, and includes the Evo Next web interface, the Arena tenant-facing digital platform with mobile app, AI-powered automation, and a unified Evo API plus FastAPI industry-standard integration.

Product overview

Vitec Fastighet offers the Evo Affärssystem (Evo Business System), a comprehensive cloud-based platform for property management. The portfolio includes Evo Next as the modern web interface, Vitec Arena/Mina sidor for digital tenant management, Vitec Hyra for rental administration, Vitec Marknad for marketing, Kommersiella lokaler for commercial CRM, Vitec Ekonomi for accounting, Vitec Energiuppföljning for energy monitoring, Vitec Teknisk Förvaltning for technical management, Vitec Verksamhetsanalys for business analytics, Vitec Boendeapp for tenant mobile access, and Vitec Identity for SSO. The Evo API provides unified API access while FastAPI supports industry-standard integration. All products are part of an integrated ecosystem designed for property companies of all sizes.

Differentiator

Problem solved

Functional benefit

Brands

• Evo Affärssystem: The company's comprehensive cloud-based business system for property management, including Evo Next as the modern web interface.
• Arena
• Evo Next

Products and services

• Evo Affärssystem

Quantifiable outcome

• 99.8% customer satisfaction with support ratings
• +3 more outcomes

Named customers18 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability5 records

Feature11 records

Partnerships

Four partnerships are on record, tiered core and minor.

• FastAPI (Sveriges Allmännytta)coreTechnology or IntegrationVitec is a contributor to FastAPI, the industry API standard developed by Sveriges Allmännytta for property communications. Vitec supports FastAPI version 1.0 providing access to property information, property structure, tenant information, and contracts. They have work packages 1, 2, and 4 increasing the number of possible integrations. Over 100 integrations use FastAPI against Vitec's system.
• InyettcoreTechnology or IntegrationInyett Detect integration enables automatic payment verification directly in Vitec Ekonomi before payments are sent to bank or Pagero. Clear warnings are displayed directly in the attestation view, helping quickly prevent fraud and make safer decisions.
• LokalguidenminorChannel Partner/ Reseller/ DistributorMarketplace platform partner for commercial spaces - enables publishing of vacant commercial properties to their marketplace.
• LokalnyttminorChannel Partner/ Reseller/ DistributorMarketplace platform partner for commercial spaces - enables publishing of vacant commercial properties to their marketplace.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• RealPage: US-listed property-technology platform covering leasing, accounting, resident services, and AI-driven analytics — a direct international analogue to Vitec Fastighet's integrated-stack play.
• AppFolio: Cloud-native property-management SaaS for residential and commercial portfolios with strong AI feature investment, comparable to Vitec's Evo Next and Arena direction.
• MRI Software: Global real-estate software vendor with comparable breadth across residential, commercial, and public-housing workflows, often used as a benchmark for vertical SaaS in property.
• Hogia: Swedish/Nordic software group with a property-management suite competing head-to-head against Vitec Fastighet in Sweden, covering accounting, HR, and real-estate workflows for the same BRF and municipal-housing customers.
• Yardi Systems: Global property-management SaaS leader offering integrated ERP, leasing, accounting, and asset-management for residential and commercial portfolios — the international equivalent of the Evo Affärssystem vision.

Others

• Vitec Software Group: Public parent company on Nasdaq Stockholm; owns Vitec Fastighet alongside other Nordic vertical-SaaS businesses (real estate, energy, public sector) and defines group-level capital allocation.

Broad incumbents

• Addnode Group: Listed Nordic vertical-SaaS acquirer operating across public sector, real estate, and engineering — a strategic peer for capital-allocation and M&A-driven growth playbooks in the same ecosystem.
• Visma: Large Nordic business-software incumbent offering accounting, ERP, and HR solutions that overlap with Vitec's Ekonomi module and serve many of the same Swedish SMB and municipal customers.

Regional players

• Lime Technologies: Nordic CRM and sales-platform vendor; comparable as a Swedish vertical-SaaS growth story serving mid-market and enterprise customers, useful for benchmarking GTM motion and valuation.
• Hemnet: Swedish real-estate marketplace and adjacent housing-services platform; complementary to Vitec Fastighet through the residential property ecosystem (Vitec Marknad already integrates with Boplats Sverige).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/vitec-fastighetssystem-ab

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Vitec Fastighet