Monitum AB’s First Year of Operations – Growth, Successful Partnerships, and a Strong International Position
2024 marks the end of Monitum AB’s first full year of operations—a year characterized by growth, successful partnerships, and key milestones. Through hard work and strategic decisions, the company has not only strengthened its position in the Swedish market but also made significant strides on the international stage by securing agreements with two of the world’s largest security companies for the Smart Smoke service.
The year was not without its challenges. The acquisition of Muuun in mid-2023 resulted in an intense period of integration, where both technical expertise and team culture needed to be unified under Monitum’s banner. Taking over responsibility for an established product while ensuring a smooth transition for both staff and customers was a true test.
– "We faced complex challenges, but through collaboration, clear communication, and a strong focus on our goals, we not only managed them but also used them as a driving force for our continued development," says Fredrik, CEO of Monitum AB.
Through this year’s international successes, Monitum has also demonstrated that its business model works globally. The agreements with two of the world’s largest security companies for the Smart Smoke service provide clear proof of this and offer the company a stable platform to increase its recurring revenue from international clients.
Throughout the year, Monitum has continued to invest in its technical infrastructure and expanded its team with new expertise and skilled talents to be prepared for future demands. These investments have been crucial to meet increasing demand while laying the foundation for continued scalability and innovation.
The company has also strengthened its sales strategy through six new partnerships with entities now leveraging Monitum’s services to both existing and new customers.
In 2024, Monitum participated for the first time in an international trade show—Anticipate in London—where the company's product Muuun, the hardware behind the Smart Smoke service, was showcased. The event was a success and provided an essential platform for establishing new connections and demonstrating the company’s innovative solutions.
👉 Read more about Monitum’s participation at Anticipate in London here.
In 2025, Monitum plans to further increase its presence at international trade shows and events to reach even more partners.
The future looks bright for Monitum. During 2025, the company plans to launch several new features and value-adding enhancements to its services. These improvements are designed to strengthen partnerships further and provide even better conditions for sales and customer care.
– "2025 will be an exciting year with a focus on innovation and further development of our services. We look forward to presenting these updates to our partners and customers and continuing to build on the strong foundation we have established," says Fredrik.
With a year of growth, lessons learned, and successes behind it, Monitum is well-positioned for the future. The company’s international expansion, investments in technology, and dedication to innovation create a solid foundation for continued success.
– "We are proud of what we have achieved during our first full year of operations and look forward to continuing this journey with our fantastic employees, partners, and customers," concludes Fredrik.
About Monitum:
Monitum is a white label hardware-enabled SaaS company.
The company is dedicated to building strong, lasting customer relationships while driving growth and enhancing our Partner Brands. We achieve this by developing innovative everyday safety services like Smart Smoke, Credit Monitoring, and Company Monitoring.
Our focus is on delivering security through smart technology, reliable solutions, and a business model that ensures profitability for our partners.
Contact:
Fredrik Starkehello@monitum.io
www.monitum.io
