Upgraded People continues to grow – sales of 1,314 MSEK in the first 9 months of the year and wins prestigious framework agreements

Upgraded People continues its strong growth journey and has a turnover of SEK 1,314 million during the first nine months of the year – an increase of 8.0% compared to the same period in 2024.

– We see a continued positive trend where we are gaining market share and strengthening our position in several of our markets. It is a clear testament to our strong offering and the team’s ability to deliver value to both clients and candidates, says Birgitta Hedegård, CEO of Upgraded People.

During the third quarter of the year, Upgraded People welcomed several new customers. In particular, the company has strengthened its position in the public sector by winning procurements with several municipalities. The most notable deal of the quarter is the win of an exclusive framework agreement with the Swedish Tax Agency for the mediation of IT and AI skills. The agreement, “IT consulting broker”, has a estimated value of SEK 5.55 billion and runs over four years. Upgraded People are sole supplier awarded the contract.

In addition to the Swedish Tax Agency, the agreement also covers The Swedish Enforcement Authority, the Election Authority, the Payment Authority and the Tax Law and Research Tax Board. The aim is to strengthen digital administration through flexible supply of skills in areas such as AI, systems development, architecture, security and management.

“This assignment is proof that our way of working makes a difference. As a sole supplier, we now have the opportunity to actively contribute to shaping the digital public services of the future – where AI and automation play a central role,” says Birgitta. The framework agreement will enter into force in autumn 2026 and is valid for four years.

Continued strong growth in Sweden and internationally

During the first nine months of the year, Upgraded People has continued its expansion in both the Swedish and international markets. Interest is particularly increasing in Germany, Norway and Denmark, where the company sees a stable demand for qualified IT and management skills.

Despite geopolitical unrest and US trade discussions, there is a noticeable no negative impact – on the contrary, the company notes a continued increasing influx of inquiries.

Demand is strong in several industry segments, including banking and insurance, defense, infrastructure, energy and manufacturing industry. Even areas like cyber defense, AI as well as organizational and management services continue to grow in scope.

– “We are convinced that success is built through long-term and value-creating collaborations. By combining action, innovation and new thinking, we create solutions that make a real difference – for individuals, organizations and society,” says Birgitta Hedegård, CEO of Upgraded People AB.

About Upgraded People

Upgraded People is one of Northern Europe’s fastest growing companies in skills supply and strategic staffing. We offer tailor-made solutions that match the right skills with the right context – always with people at the center. Our clients are in both the public and private sectors, and we deliver resources in Sweden, Germany, Norway and Denmark. With over 1,200 consultants on assignment, we help organizations achieve their goals and visions in a sustainable way.