Spir Group ASA

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Spir Group ASA - overview

Established

2019

Location

Oslo, -, Norway

Primary Industry

Software

About

Based in Norway, Spir Group ASA specializes in advanced technology solutions for the real estate sector, enhancing property transactions and streamlining operations for various stakeholders in the industry. Spir Group ASA, founded in 2019, operates out of Oslo, Norway, providing technological solutions designed for real estate. The company has completed a single investment deal, with its most recent deal taking place on December 31, 2025. No notable pivots or changes in operations have been reported regarding the company's business strategy.


The company does not have publicly listed subsidiaries or a parent company. Details about the founder's history are not available. Spir Group specializes in providing advanced technological solutions tailored for the real estate sector, significantly enhancing how individuals buy, sell, and reside in properties. Their core offerings include comprehensive brokerage packages, electronic registration services, and automated loan processing systems, designed to streamline real estate transactions and improve overall efficiency.


The solutions are utilized by a diverse clientele that spans real estate agents, banks, insurance companies, and construction firms, ensuring that stakeholders across the industry benefit from their integrated platforms. Notable products like the IVIT system offer property valuation capabilities, while the Boligmappa service maintains technical histories and essential property information. Spir Group serves markets throughout Norway and Sweden, with a focus on integrating their services into everyday workflows for real estate professionals and consumers alike. Spir Group generates revenue through a combination of subscription-based models and direct partnerships with industry players, such as real estate companies and financial institutions.


Transactions typically involve clients subscribing to specific software packages that facilitate property transactions, automate processes like electronic signing, and provide access to valuable data analytics. The pricing structure varies based on the scale and scope of services utilized, allowing clients to select from tailored solutions that best fit their operational needs. Flagship offerings, including the automated eTinglysning and the comprehensive mapping services, contribute significantly to the firm's revenue streams by providing essential tools that enhance the functionality and efficiency of real estate operations. The company's strategic partnerships and integrated service offerings position it as a vital player in the Nordic real estate technology market.


In the fourth quarter of 2025, a consortium led by Karbon Invest AS, along with Stella Industrier AS, Varner, and Carucel Finance, acquired Spir Group ASA in a public to private deal. Financial terms were not disclosed. The company is reportedly focusing on the development of new products and enhancing its service offerings, although specific details on upcoming launches or release dates are not available. Spir Group plans to expand its market presence beyond Norway and Sweden, targeting additional Nordic markets by the end of 2026.


Recent funding will be strategically utilized to support these initiatives and bolster their growth trajectory.


Current Investors

Carucel Finance, Varner, Stella Industrier AS

Primary Industry

Software

Sub Industries

eMarketing/Digital Marketing, Analytics & Performance Software, Content Management Software, Sales & Marketing Software, Systems Management Software, Real Estate Development & Operating Companies

Website

www.spirgroup.com

Verticals

AdTech, Artificial Intelligence, Real Estate Tech, RegTech

Company Stage

Mature

Total Amount Raised

Subscriber access only

Spir Group ASA - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Public to PrivateCompletedSpir Group ASA-

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