Organization · Private Equity
Marathon Software
Marathon Software is a private equity firm based in the Nordic region, focusing on niche software companies. Established in January 2023, it aims to support its portfolio companies through operational and strategic engagement.
Overview
What Marathon Software does
What Marathon Software is
Marathon Software is a private equity firm based in the Nordic region, focusing on niche software companies. Established in January 2023, it aims to support its portfolio companies through operational and strategic engagement.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Private Equity
- Founded
- Founded in 2023
- Approximate age
- About 3 years
- Structured capabilities
- Funder
- Last reviewed
- March 4, 2026
Official channels
Find Marathon Software elsewhere
Open the official website or a supported primary organization account.
Capability profile
Marathon Software as a funder
Investment thesis
Marathon Software invests in profitable Nordic software companies with sales between SEK 5 million and SEK 50 million. The organization emphasizes long-term ownership and operational engagement tailored to each company's needs.
Focus narrative
Marathon Software invests exclusively in profitable Nordic software companies with sales between SEK 5 million and SEK 50 million that develop specialized solutions. The company emphasizes long-term ownership and operational engagement, providing support tailored to the specific needs of each company.
Focus and fit
- Regions
- Nordics
Availability
- Currently deploying
- Not published
Portfolio and track record
- Recorded portfolio count
- 9
Portfolio context
Notable portfolio companies include: Ortrac: A leading platform for training in healthcare, offering features for planning, tracking, and analyzing results to enhance quality. Entric: Develops and sells software for measuring and reporting emissions from power plants and energy-producing facilities. Troman: Provides platforms for managing elected representatives and election administration in Swedish municipalities and regions. Keeros: Develops systems for managing loans to banks and financial companies specializing in corporate credit. laget.se: Offers software that assists Swedish sports clubs and teams, reducing administrative tasks to allow more focus on sports. Login Hasselberg: Develops IT systems that streamline administrative functions for Swedish law firms. upKeeper: Helps managed service providers and IT departments secure computers and mobile devices efficiently. Avista Time: A web-based platform for quality follow-up and planning of assignments in facility management and care. Timewave: A leading business system for service companies in the cleaning industry.
Common questions
What to know about Marathon Software
Upseed classifies Marathon Software under the Private Equity organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 4, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.