Our Dime - Mullvad VPN Provider Audit

Mullvad

Parent company: Mullvad Group AB

VPN Provider

mullvad.net

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True North

10%

Capital: Foreign

Capital: Foreign (profits)

Control: Foreign

Control: Foreign (decisions)

Mullvad is a Swedish VPN provider with a minimal economic footprint in Canada. While the service maintains server infrastructure in Canadian cities, the capital, strategic control, and core operations are entirely foreign-based, resulting in a low True North score.

Vector Breakdown

Inputs

medium

10 /20

The service utilizes Canadian data center infrastructure and local transit for its Canadian server locations.

Capital

Capital (profits)

high

0 /40

The entity is a Swedish-owned private company with no documented Canadian ownership or profit retention.

Control

Control (decisions)

high

0 /20

Strategic decisions and corporate governance are centralized at the headquarters in Gothenburg, Sweden.

Operations

medium

0 /20

Core operations, support, and technical management are maintained outside of Canadian jurisdiction.

Forensic Summary

Research Snapshot

Checked: 2026-02-09

Service name (payload): Mullvad
Official domain: mullvad.net
Canonical Canada URL: Unknown

Corporate Footprint

Parent company: Mullvad VPN AB
Headquarters location: Gothenburg, Sweden

Sources

Parent company

"Mullvad VPN AB and its parent company Amagicom AB are 100% owned by founders Fredrik Strömberg and Daniel Berntsson."
Source
Headquarters

"Mullvad VPN AB... Box 53049, 400 14 Gothenburg, Sweden."
Source

Pricing & Policies

Monthly price (CAD): Unknown
Annual price (CAD): Unknown
Free trial: Unknown
Money-back guarantee (days): 30
Simultaneous connections: 5

Platforms, Payments & Support

Platforms

Windows

Mac

Ios

Android

Linux

Router

Payment methods

Credit Card

Paypal

App Store

Google Play

Crypto

Gift Card

Support channels

Knowledge Base

Canada Server Presence

Canada servers listed

Mullvad operates servers in Montreal, Toronto, and Vancouver.

Source

"Canada... Montreal... Toronto... Vancouver"

Source