Milient Software Company Profile

Background

Overview

Milient Software is a Norwegian Software as a Service (SaaS) company specializing in comprehensive project management solutions. Established in 2023 through the merger of Moment Team AS and Millnet AB, Milient offers integrated tools for project management, time tracking, resource planning, and knowledge sharing. The company operates across Norway, Sweden, Denmark, the United Kingdom, Belgium, and Vietnam, serving project-oriented businesses such as architects, engineers, consultants, and IT professionals.

Mission and Vision

Milient's mission is to empower project-driven teams with smarter, simpler ways to manage their work, enhancing efficiency and collaboration. The company's vision is to be a leading provider of integrated project management solutions, enabling businesses to achieve seamless project flow and operational excellence.

Industry Significance

Milient holds a significant position in Northern Europe's SaaS landscape, offering a unified platform that addresses the diverse needs of project-based organizations. By integrating various project management functions, Milient simplifies administrative tasks, allowing teams to focus on delivering high-quality results.

Key Strategic Focus

Core Objectives

Comprehensive Project Management: Provide an all-in-one solution that covers project planning, time tracking, resource allocation, and knowledge management.

User-Centric Design: Develop intuitive and user-friendly interfaces to enhance user adoption and satisfaction.

Scalability and Flexibility: Offer scalable solutions that cater to the needs of both small teams and large enterprises.

Areas of Specialization

Project Management: Tools for planning, scheduling, and monitoring project progress.

Time Tracking: Features for recording work hours, managing absences, and supporting invoicing processes.

Resource Planning: Capabilities for capacity planning, resource allocation, and workload balancing.

Knowledge Sharing: Platforms for storing and sharing project-related information and best practices.

Key Technologies Utilized

Cloud Computing: Ensures accessibility and scalability of services.

Data Analytics: Provides insights into project performance and resource utilization.

Integration Capabilities: Supports seamless integration with over 50 third-party systems, including accounting and HR tools.

Primary Markets Targeted

Architecture Firms: Managing complex projects with multiple stakeholders.

Engineering Companies: Coordinating resources and timelines for diverse engineering projects.

Consultancies: Overseeing client projects with varying scopes and requirements.

IT Departments: Handling internal projects and service delivery.

Financials and Funding

Funding History

Milient Software is privately held and has received investment from Monterro, a leading Nordic growth investor specializing in B2B software.

Total Funds Raised

Specific details regarding the total funds raised by Milient Software are not publicly disclosed.

Recent Funding Rounds

Milient Software has not publicly announced recent funding rounds.

Notable Investors

Monterro: A Nordic growth investor specializing in B2B software.

Intended Utilization of Capital

The capital raised is intended to support Milient's growth strategy, including product development, market expansion, and strategic acquisitions.

Pipeline Development

Key Pipeline Candidates

Milient Software has not publicly disclosed specific pipeline candidates.

Stages of Clinical Trials or Product Development

Milient Software does not engage in clinical trials, as it operates in the software development sector.

Target Conditions

Not applicable.

Relevant Timelines for Anticipated Milestones

Milient Software has not publicly announced specific timelines for upcoming product releases or milestones.

Technological Platform and Innovation

Proprietary Technologies

Milient Analytics: A business intelligence tool that provides real-time insights into project performance and resource utilization.

Significant Scientific Methods

Data Integration: Combines data from various project management functions to offer a holistic view of business operations.

Data Visualization: Utilizes advanced visualization techniques to present complex data in an accessible manner.

AI-Driven Capabilities

Milient Software has not publicly disclosed the use of AI-driven capabilities in its products.

Leadership Team

Executive Profiles

Lars Owe Berge Nyland: Chief Executive Officer (CEO). With extensive experience in the SaaS industry, Nyland leads Milient's strategic direction and growth initiatives.

Espen Odland Larsen: Chief Financial Officer (CFO). Responsible for overseeing financial operations and strategic financial planning.

Elin Ulset: Chief Marketing Officer (CMO). Leads marketing strategies to enhance brand presence and customer engagement.

Andreas Koski: Chief Sales Officer (CSO). Oversees sales operations and drives revenue growth.

Daniel Svelin: Chief Customer Officer (CCO). Ensures customer satisfaction and manages customer relations.

Aud Brouwer: Chief Product Officer (CPO). Guides product development and innovation strategies.

Karl Bendixby: Chief Technology Officer (CTO). Leads technological advancements and infrastructure development.

Matthew Nickerson: Commercial Director UK. Manages UK operations and business development.

Leadership Changes

Milient Software has not publicly announced recent significant changes or appointments within its leadership team.

Competitor Profile

Market Insights and Dynamics

The project management software market is characterized by a diverse range of solutions catering to various industries. Key trends include the integration of AI and machine learning for predictive analytics, the adoption of cloud-based platforms for enhanced collaboration, and the emphasis on user-friendly interfaces to improve adoption rates.

Competitor Analysis

Wrike: Offers a collaborative work management platform with features for project planning, tracking, and reporting.

monday.com: Provides a work operating system with customizable workflows, project tracking, and team collaboration tools.

BigTime: Specializes in project management and accounting software for professional services firms, focusing on time tracking, billing, and resource management.

Scoro: Delivers a comprehensive business management software with tools for project management, time tracking, billing, and reporting.

Bitrix24: Offers a suite of tools for project management, CRM, and collaboration, including task management, document sharing, and communication features.

Strategic Collaborations and Partnerships

Hub Planner Acquisition: In February 2025, Milient Software acquired Hub Planner, a global leader in resource management, to enhance its product portfolio and international presence.

Cubic Interactive Acquisition: In October 2025, Milient Software acquired Cubic Interactive Limited, the team behind the Rapport3 platform, to strengthen its position in the UK market and expand its service offerings.

Operational Insights

Milient Software differentiates itself through its comprehensive, integrated platform that addresses the full spectrum of project management needs. The company's focus on user-centric design and seamless integration with over 50 third-party systems enhances its competitive edge.

Strategic Opportunities and Future Directions

Milient Software aims to continue expanding its international footprint, particularly in the UK and other European markets. The company plans to leverage its recent acquisitions to offer a more robust suite of solutions, driving growth and innovation in the project management software sector.