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How Nutid AB CEO Erik Tarnvik grew to $2.8M revenue with a 19 person team in 2023.

Nutid develops software in store data systems and ticketing systems.

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Nutid AB Revenue

In 2023, Nutid AB's revenue reached $2.8M. The company previously reported $2.7M in 2021. Since its launch in 1998, Nutid AB has shown consistent revenue growth.

Nutid AB Revenue GrowthReported revenue / ARR over time$0$600K$1M$2M$2M$3M19982000200220042006200820102012201420162018202020222023$0$3M$3MSource: GetLatka.com
YearMilestoneQuote
2023Nutid AB Hit $2.8m revenue in October 2023
2021Nutid AB Hit $2.7m revenue in March 2021
1998Launched with $0 revenue

Nutid AB Valuation, Funding Rounds

Nutid AB is a bootstrapped Other Vertical Industry Software startup. Founded in 1998, Nutid AB has grown to $2.8M in revenue without raising any venture capital or outside funding.

As a self-funded Other Vertical Industry Software SaaS company, Nutid AB has built its business with no outside investment.

Nutid AB Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11998Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Erik Tarnvik

A Swedish fintech pioneer, Nutid offers the most complete POS system for the Nordic SME market. Our vision is to offer the smartest and most efficient solutions at an unbeatable price. Simplicity and reliability are our signposts. Nutid is a component of the Malmö-based Small Cap Partners private equity fund.

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Customers

We do not have customer count information for Nutid AB yet.

Nutid AB Employees & Team Size

Nutid AB employs approximately 19 people as of 2026, down from 20 in 2022.

Nutid AB Team GrowthReported headcount over time081523303819982000200220042006200820102012201420162018202020222023001919Source: GetLatka.com
YearMilestone
2023Reached 19 employees (October 2023)
2022Reached 20 employees (October 2022)
2021Reached 22 employees (December 2021)
2021Reached 30 employees (March 2021)

Frequently Asked Questions about Nutid AB

What is Nutid AB's revenue?

Nutid AB generates $2.8M in revenue.

Who founded Nutid AB?

Nutid AB was founded by Erik Tarnvik.

Who is the CEO of Nutid AB?

The CEO of Nutid AB is Erik Tarnvik.

How much funding does Nutid AB have?

Nutid AB raised $0.

How many employees does Nutid AB have?

Nutid AB has 19 employees.

Where is Nutid AB headquarters?

Nutid AB is headquartered in Helsingborg, Sweden.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Nutid AB Revenue 2023: $2.8M ARR (Bootstrapped)