Crosser Technologies AB

Crosser Technologies AB specializes in hybrid-first Streaming Analytics and Integration, providing a platform for real-time data processing across various environments, such as Cloud and Edge deployments. Founded in 2016 by Johan Jonzon, Martin Thunman, and Uffe Björklund, Crosser Technologies AB is headquartered in Stockholm, Sweden. The company has engaged in 3 notable funding rounds, with the latest being a EUR 3 million investment on March 10, 2021, led by Montan-Ventures-Saar and NTT DOCOMO Ventures, alongside other returning investors. Johan Jonzon serves as the CEO, bringing prior entrepreneurial experience to the firm.

Crosser offers a hybrid-first Streaming Analytics and Integration platform designed for real-time data processing across various environments, including Cloud, On-premise, and Edge deployments. The core product line includes Crosser Cloud, a fully managed SaaS solution for building data integration pipelines, and Crosser Hybrid, which allows users to run Crosser Nodes with advanced analytics in distributed settings. The platform features a low-code drag-and-drop design studio, supporting over 800 integrations and 100 modules for data transformation and advanced processing logic. Crosser targets industries such as manufacturing and logistics, addressing use cases in Industrial IoT, event-driven data integration, and real-time analytics.

Key clients include enterprises requiring efficient data flow management and real-time insights, operating in markets such as North America, Europe, and Asia-Pacific, ensuring a global footprint. Crosser operates on a subscription-based revenue model, allowing clients to access its products through various pricing tiers. Revenue in 2022 amounted to EUR 539,835. 40, with an EBITDA of -EUR 1,676,014.

40. The revenue is primarily generated from recurring subscriptions for Crosser Cloud and Crosser Hybrid services, which support businesses in integrating solutions to enhance data observability and streamline processes. Flagship services, including Crosser Flow Studio and FlowWatch, provide comprehensive tools for designing and monitoring data pipelines, contributing to the overall revenue structure. Following the EUR 3 million funding raised on March 10, 2021, Crosser Technologies AB aims to expand its presence in the global market.

Plans include launching new products designed to enhance the existing platform and exploring entry into new geographic regions. The recent funding will support these initiatives, enabling Crosser to enhance its product offerings and facilitate broader market penetration.