Minut, founded in 2014, has emerged as a notable player in the intersection of IoT and Privacy and Security industries. The company, headquartered in Sweden, was co-founded by a team led by Nils Mattisson, who brings invaluable experience from his tenure at Apple's Exploratory Design Group in Silicon Valley. Alongside co-founders Marcus Ljungblad, Martin Lööf, and Fredrik Ahlberg, the team aims to democratize home security.
Their flagship product is a smart home alarm system designed to be accessible and maintain user privacy. It offers comprehensive environmental monitoring, including movement detection and tracking of noise levels, temperature, humidity, and mold risk. This innovative solution aligns with their slogan, "Minut co-founders developed a smart home alarm for accessible and private home security."
The company received its last investment from the Nordic Secondary Fund through a Secondary Market investment on 01 August 2024, signaling continued investor confidence and potential for growth in a competitive market.