# Minut: Information technology & services, Malmö, Sweden

> Minut: Minut is a Swedish PropTech company founded in 2014, headquartered in Malmö. Based in Malmö, Sweden. Founded 2014.

Source: https://millionrounds.com/startup/minut (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Information technology & services startup](https://millionrounds.com/companies)

# Minut

Minut is a Swedish PropTech company founded in 2014, headquartered in Malmö.

Funding reported Last round: Series B

Information technology & services Malmö, Sweden

Company summary

- **Founded:** 2014 12 years old
- **Team:** 68 51 to 200 people
- **Funding reported:** 18.9M as listed, currency not stated
- **Last round:** Series B Dec 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Minut has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Minut

Minut is a Swedish PropTech company founded in 2014, headquartered in Malmö.

The company specializes in privacy-safe IoT hardware and software solutions for proactive property management. Its core product, the Minut Sensor, is a wireless device that monitors noise, occupancy, motion, temperature, humidity, and cigarette smoke without using cameras, ensuring guest privacy through edge audio analysis. Minut serves a global market, protecting over 25,000 hosts across more than 100 countries. Its primary customers include short-term rental hosts, property managers, and real estate businesses. The company provides real-time insights and alerts through its software platform, helping operators manage properties effectively and maintain a safe environment for guests and neighbors. Minut aims to enhance the home-sharing experience by promoting safety and good neighborliness.

## What company datasets say Minut raised

Funding, as reported

Reported in all **18.9M** in the source's currency

Rounds **8**

Last round **Series B**

Last round size **5M**

Last round date **Dec 2023**

Investors listed **17**

## Founders and team

From Minut's own website: 4 on the team.

- **Shaun Balin** COO of Beckon Homes
- **Student Accommodation** Shaun Balin, COO at Beckon Homes
- **Drew Millum** Director of Kasa
- **Erin McBean** Director of igloo

## On 2 portfolio pages

Investors who name them

- [Nordic Secondary Fund](https://millionrounds.com/fund/nordic-secondary-fund)
- [Citadel Capital SA](https://millionrounds.com/fund/citadel-capital-sa)

Each firm lists Minut on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

hardware remote monitoring security consumers product design preventive maintenance real-time data distribution manufacturing lte-m connectivity multi-property support long-term deployment construction & real estate enterprises api documentation real-time alerts

Built with from their website

Google Tag Manager Amazon CloudFront HREF Lang Atlassian Postmark Google Workspace CloudFlare Akamai Connected Cloud Viewport Meta Google Play

+8 more

Element UI Hubspot AWS Analytics Webflow Hosting OpenAI Apple Business Manager Google Meet CloudFlare CDN

- **Sector:** Information technology & services
- **Industry code:** NAICS 334513, 51321, SIC 1799
- **Region:** Skane laen
- **Revenue:** 13.4M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/minut)

## Information technology & services in Sweden

Startups like it

- [**Lovable** Stockholm · founded 2023 *Raised*](https://millionrounds.com/company/lovable)
- [**Legora** Stockholm · founded 2023 *Raised*](https://millionrounds.com/company/legora)
- [**Syncron** Stockholm · founded 1999 *Raised*](https://millionrounds.com/company/syncron)
- [**evroc** Stockholm · founded 2022 *Raised*](https://millionrounds.com/company/evroc)
- [**Endra** Stockholm · founded 2024 *Raised*](https://millionrounds.com/company/endra)
- [**Validio** Stockholm · founded 2019 *Raised*](https://millionrounds.com/company/validio)
- [**Natural Cycles** Stockholm · founded 2013 *Raised*](https://millionrounds.com/company/natural-cycles)
- [**Epidemic Sound** Stockholm · founded 2009 *Raised*](https://millionrounds.com/company/epidemic-sound)

## Is this your company?

Add your raise, your deck and your story, and put Minut in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)