Devolens

Stockholm area, Sweden · est. 2017 · website ↗

Registered as Cryptolens AB

Devolens (formerly Cryptolens) is a software licensing platform that helps software vendors securely monetize their applications. We provide tools to control and restrict access to software, distribute updates, automate payments, and analyze usage, which are critical building blocks for selling software.

SurvivalStrongEquity ratio 93%
CapitalSeed
SectorBusiness software
Age9 years est. 2017
FitChaos
BuildingFullstack
LanguageEnglish site
Open roles2tech, of 3 advertised

Filed financials

Filed with a public registry

Filed with Bolagsverket. The legal entity, not the group.

Fiscal yearRevenueResultEmployeesCashEquityTotal assetsFlags
FY20254.0 MSEK0.4 MSEK32.3 MSEK2.2 MSEK2.4 MSEKNone
FY20243.4 MSEK0.5 MSEK21.9 MSEK1.9 MSEK1.9 MSEKNone
FY20232.9 MSEK0.6 MSEK21.7 MSEK1.7 MSEK1.7 MSEKNone
FY20222.0 MSEK-0.5 MSEK21.1 MSEK1.1 MSEK1.1 MSEKNone
FY20211.3 MSEK0.1 MSEK2under 0.1 MSEK0.6 MSEK0.7 MSEKNone
FY20201.0 MSEK----0.7 MSEKNone
FY20190.5 MSEK----0.7 MSEKNone
FY20180.1 MSEK----0.8 MSEKNone

Open roles right now (2)

Open when I last checked, via their own careers site.

Other roles right now (1)

Titles that do not read as software.

Stack, from their job ads

From Devolens’s own job ads, so only the part it is hiring for.

Registered business activity (SNI)

Filed with a public registry

Standard industry classification codes as filed with Bolagsverket.

Utgivning av annan programvaraDataprogrammering

Everything I could know about Devolens

A blank is a gap in my coverage.

Company health

Filed with a public registry
  • SurvivalEquity ratio 93%Profitable in its latest filed accounts (FY2025): revenue 4.0 MSEK, profit 0.4 MSEK, a 9% margin, revenue growth 19%. Equity ratio 93% (soliditet, the standard Swedish solvency measure): equity 2.2 MSEK of 2.4 MSEK total assets, the share of the company funded by its own capital rather than debt.
  • Age9 years oldFounded 2017, 9 years ago.
  • CapitalSeedSelf-reported to the startup directory.
  • Distress flagsNo data for this company yet
  • GrowthGrowing, +1Average employees filed with Bolagsverket went from 2 in 2024 to 3 in 2025, a change of +1 people. This is a fiscal-year average from filed accounts, so it lags: it says whether the company has been adding people, not whether a role is open today. Filed revenue FY2018 82 KSEK to FY2025 4,046 KSEK, across 8 filed years.

What you'd build and work with

Read from their job ads
  • Building (problem type)FullstackFullstack (2): 2 postings classified from title/description keywords, not ML.
  • Stack.NET2ASP.NET2C#2Claude1JavaScript1.NET (2), ASP.NET (2), C# (2), Claude (1), JavaScript (1), counted over the postings whose text I hold.
  • Role shapeNo data for this company yet
  • SectorBusiness softwareMapped from the industry tags this company reported to the startup directory (itsoftware, saas). Self-reported, so it is the company's own claim about its market.
  • Engineering reputationRead from what they publishNo data for this company yetCompany websites plus the public GitHub API. Broader discovery via GitHub search would need an API token.

Hiring practicalities

Read from their job ads
  • Open roles3 open3 roles, sourced from the company's own Workable board.
  • Working languageEnglish siteI hold no job-ad text for this company, so this is read from their own site: their careers page declares itself English. That is a proxy, not a statement about the working language. Checked against the 222 companies where I have both, it agrees about 9 times in 10, and the way it fails is a company running an English site while hiring only in Swedish.

Fit and mission

Worked out from facts I hold
  • Fit (chaos or structure)Chaosfounded 2017 (9 years ago), ~6 employees, Seed stage. Age, size and stage combine into the read.

Companies like this one

Worked out from facts I hold

Each shows why. Not a recommendation.

Work here?

Nobody has answered yet. Same questions for every company.

Answer for this company

On the map

Östermalmsgatan 26A, 114 26 Stockholm

Address from the company's own site.

Drawn by OpenStreetMap, so it only loads when you ask for it.

Wrong about Devolens?

The address, the headcount, the logo, a role that closed. Tell me which and I will fix it.

Something wrong about Devolens?

What kind?
Or email adulorier@gmail.com.

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