Futurehome AS
Futurehome AS is a company.
Active
Updated: ·
Financial History
Total Raised
N/A
Valuation
N/A
Leadership Team
Key people at Futurehome AS.
Futurehome AS is a company.
Key people at Futurehome AS.
Futurehome AS is a Norwegian proptech and smart energy company founded in 2013, specializing in smart home automation, energy management, security, and safety solutions for consumers and businesses.[1][3][5] It builds a comprehensive ecosystem including a central smart hub, mobile app, and compatible hardware that connects IoT devices via protocols like Z-Wave and Zigbee, enabling users to control lighting, heating, EV charging, and energy consumption remotely to cut electricity bills and optimize usage.[2][3][5] Serving over 30,000 Norwegian households and partners like Nordan, Gilje, ID-Lock, and Zaptec, Futurehome targets "Do-It-For-Me" customers by linking them with professional installers through online tools, reducing costs by up to 80% while providing a one-stop-shop for scalable smart home deployments.[1][5] The company employs 11-50 people, primarily in Stavanger and Oslo, with strong growth from early crowdfunding and investor backing.[1][4]
Futurehome AS was founded in 2013 in Stavanger, Norway, by Erik Stokkeland (CEO and visionary with nearly 10 years in relevant experience), alongside key team members like Bjarne Handeland (CTO), Odd Eivind Evensen (COO/Development Manager), and Sigbjørn Groven (CFO, MBA from NHH with finance background from Seadrill and Odfjell Drilling).[1][2][4] The idea emerged to revolutionize home automation using IoT and crowdfunding, starting with a centralized hub and app for monitoring appliances and energy from anywhere.[2] Early traction came from domestic crowdfunding success, partnerships with suppliers like Premier Farnell for cost-effective production, and collaborations with local firms, enabling rapid product development and market entry in Norway.[1][2] By 2023, the company marked its 10th anniversary with a team gathering at Finse, reflecting sustained evolution from a startup with 17 employees to a established player in smart energy.[1][7]
Futurehome rides the smart home and proptech wave, capitalizing on rising demand for energy-efficient IoT in Nordic homes amid climate goals and volatile electricity prices.[3][5] Its timing aligns with Norway's EV boom (smart charging) and green subsidies like Enova grants, plus Europe's push for smart grids and building automation.[2][5] Market forces favoring it include consumer preference for single-provider solutions (per GfK studies) and IoT protocol maturity, positioning Futurehome as a regional leader expanding from Norway to Scandinavia, Germany, UK, and beyond.[1][2][4] It influences the ecosystem by democratizing pro-grade smart homes, fostering installer networks, and driving energy savings at scale, contributing to sustainable tech adoption in a fragmented market.[1][3]
Futurehome is poised for European and global expansion, building on 30,000+ Norwegian installs to penetrate new markets with energy harvesting, smart business tech, and enhanced EV/security features.[2][5] Trends like AI-driven optimization, stricter EU energy regs, and IoT interoperability will accelerate growth, potentially boosting B2B for connected buildings. Its influence may evolve from niche Norwegian innovator to pan-European proptech contender, sustaining momentum through investor ties and holistic differentiation—turning everyday homes into energy-smart powerhouses, as envisioned from its Stavanger roots.[2][4][5]
Key people at Futurehome AS.
