Anteo AS
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Anteo AS - overview
Established
2012
Location
-, -, Norway
Primary Industry
Software
About
Anteo AS, based in Norway, develops software tools aimed at enhancing decision-making within the aquaculture sector, focusing on sustainability and biosafety compliance. Founded in 2012 in Norway, Anteo AS specializes in software solutions for the aquaculture industry. The company has remained focused on developing its technology to support aquaculture operators. Anteo has completed one deal, with the most recent deal occurring on March 30, 2026.
The firm has not undergone significant pivots in its business strategy and there is no information regarding subsidiaries or parent companies. Anteo specializes in the development of decision support systems aimed at enhancing the sustainability of the Norwegian aquaculture industry. The company’s core offerings include real-time monitoring and alert solutions designed to identify activities that may violate biosafety principles. These tools provide actionable insights and suggest risk-reducing measures to improve operational compliance and safety.
Anteo’s logistics tools facilitate access to vessels, sensors, data, and reports, streamlining information gathering and sharing for better comparisons across locations or vessels. Clients include aquaculture operators and regulatory bodies, with Anteo’s solutions currently utilized in the Norwegian aquaculture market and potentially extending to other regions where aquaculture practices are prominent. Anteo operates on a revenue model that includes subscriptions and partnerships within the B2B sector, focusing on technology-driven solutions for aquaculture. The firm engages with clients primarily through direct sales of its bespoke software solutions, which provide critical analytics and operational support.
The pricing structure is designed to align with the specific needs of its clientele, ensuring tailored solutions that deliver value in their operational contexts. Although specific pricing details are not disclosed, the company's offerings cover various aspects of aquaculture management, from logistics to fish health monitoring, generating revenue through diverse client engagements within the aquaculture sector. Anteo AS is looking to enhance its software offerings and innovate its partnership capabilities within the aquaculture sector following a significant acquisition. In April 2026, Bluefront Equity acquired a 54% majority stake in Anteo AS, enabling further development of their products.
The company plans to expand its reach beyond Norway to other aquaculture regions, with specific markets being targeted for growth, although exact timelines have not been detailed. The recent funding will be utilized to support these initiatives and improve the technological capabilities of their software programs.
Current Investors
Bluefront Equity
Primary Industry
Software
Sub Industries
Application Integration Software, Analytics & Performance Software, Fishing & Seafood, Agribusiness
Website
www.anteo.no
Verticals
Cloud Computing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Anteo AS - financials
| Fiscal Year Ended | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,233,084 | 1,594,943 | 1,295,048 | 3,446,427 | 3,523,185 | 3,737,158 | 5,257,137 | - | - | - |
| % Revenue Growth (YoY) | - | 29.3% | (18.8%) | 166.1% | 2.2% | 6.1% | 40.7% | - | - | - |
| EBITDA (USD) | 139,454 | 171,689 | (2,281) | 840,765 | 1,117,320 | 2,328,374 | 2,610,005 | - | - | - |
| Operating Income (USD) | 139,454 | (328,311) | (556,972) | 472,541 | 234,496 | 1,145,104 | 1,382,487 | - | - | - |
| Operating Margin | 11.3% | (20.6%) | (43.0%) | 13.7% | 6.7% | 30.6% | 26.3% | - | - | - |
| % EBITDA Margin | 11.3% | 10.8% | (0.2%) | 24.4% | 31.7% | 62.3% | 49.6% | - | - | - |
| NET Income (USD) | 143,863 | (38,057) | (262,235) | 489,533 | 270,258 | 1,017,116 | 1,117,998 | - | - | - |
| % Net Margin | 11.7% | (2.4%) | (20.2%) | 14.2% | 7.7% | 27.2% | 21.3% | - | - | - |
Anteo AS - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Anteo AS | - |
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