This is a diversified portfolio of global software companies that significantly impact their respective fields through very good product-market fit, investments in research and development, high revenue and gross margins, strong free cash flows, and strong balance sheets. The portfolio companies uniquely benefit from international software megatrends. Software as a service (SaaS) companies offers licensed and centrally hosted software on a subscription basis. In 2021, the cloud services revenue will exceed USD 276.8 billion, seven times the overall IT market growth. SaaS companies contribute 68% of this revenue (IDC’s Worldwide and Regional Public IT Cloud Services Forecast).
Bolna AS is a very small investor in the companies below.