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HMD Digital
For investors

An AI-native evolution of B2B services.

HMD Digital builds and manages AI agents for SMEs and is paid from the value they create. AI makes building and maintaining software cheaper, which makes a value-based model viable for companies that consultancies and generic SaaS have never served well.

The thesis

Cheaper software makes outcome pricing viable for SMEs.

For decades, custom software for a 20 to 250 person company meant a consulting project priced and staffed for enterprises, or a generic tool the company had to bend itself around.AI changes the cost of building and maintaining software. That makes it possible to build first, prove the value on the client's real process and be paid from what the agents deliver.What SMEs don't want is to own the result: to keep it running, keep improving it and answer for it. That is what HMD sells, and it is the lasting edge as software gets cheaper for everyone.
Not a consultancy

Every solution that works becomes a reusable agent.

Each new client starts from what is already proven. Pipelines and agents take over what used to be consulting hours, so the work compounds instead of starting from zero each time.

The evolution of B2B SaaS

The economics we are designing for.

These are design goals for the model, not claims about results.

Recurring revenue tied to verified value

Clients pay from the value their agents create, measured against a baseline agreed upfront, for as long as the agents keep delivering.

Expansion within each account

The first process proves the model. More processes follow once the first ones prove themselves, inside a relationship that already trusts the numbers.

Software-like margins as reuse grows

Every agent that works becomes a reusable component, so the effort per new client falls as the library grows.

What we measure

Six numbers tell us whether the model works.

Effort per customer

Recurring revenue

Gross margin

Reuse across clients

Expansion per account

Referrals

Proof

Shared agents, built by an engineer-founder.

Want the numbers behind the model?

The deck covers the economics, the go-to-market and the plan. We share it directly.