This Research Note examines Smartvatten, a Finnish specialist in water efficiency technology and expertise in Northern Europe. We highlight key data in building deployments, 2025 revenues and water saved through remote water monitoring, current strategy, platform upgrade and major deployments. This article updates our previous coverage of the company in March 2024 and October 2025. Smartvatten Profile Established in 2013 in Espoo, Finland, Smartvatten, formerly known as Envera, provides subscription-based remote water consumption monitoring solutions to institutional real estate investors, housing companies and public entities. In February 2021, Norvestor, a leading private equity firm focusing on mid-market buyouts in the Nordic region, acquired a 60% majority stake in Smartvatten. The company’s offering is based on a software analytics platform complemented by Smartvatten’s proprietary hardware providing access to real-time water consumption data for monitoring, reporting and algorithm-driven analysis to detect leakages. Today, Smartvatten monitors more than 40,000 buildings, over 200,000 apartments and more than 40 water […]