Mullvad is a Swedish VPN with one price, EUR 5 a month whatever the term, and accounts that are random numbers rather than emails. Its audits are technical tests by several firms, not an assurance report on its no-logs policy. Its 2023 search-warrant post is the one incident on the register.
Ownership and how you pay
Mullvad’s about page says Mullvad VPN AB is owned by parent company Amagicom AB, which it says is 100% owned by its two founders, with the address in Gothenburg. The ownership table shows how few providers say this. Its pricing page lists cash, Bitcoin, Bitcoin Cash, Monero, bank wire, card, PayPal and local schemes, with 10% off for the three cryptocurrencies, up to five devices per account and a 14-day guarantee that excludes cash payments.
The audits: many, and mostly technical
Mullvad’s audit list runs from 2018 to June 2026. It includes four infrastructure audits (the fourth by Cure53, June 2024; a third by Radically Open Security, August 2023), a payment and account API source review by X41 D-Sec (January 2026), a web app assessment by Assured (October 2025), Android app assessments by NCC Group (March 2025) and Leviathan (June 2026) and an audit of its WireGuard implementation GotaTun (March 2026). A June 2022 Assured audit says it found no information leakage or logging of customer data on the servers.
What the register does not hold is a report by an accounting-style firm testing the written no-logs policy, as Proton, NordVPN and others publish. Its audits test systems rather than a written policy. The audit tracker shows the split. Several older entries on Mullvad’s list do not name the auditor.
The 2023 search warrant
On 18 April 2023 Mullvad says Swedish police visited its Gothenburg office with a search warrant to seize computers with customer data. Mullvad’s post says that “such customer data did not exist” and that, after it demonstrated this and the police consulted the prosecutor, they left without taking anything. This is Mullvad’s account; we found no police statement in what we read. It appears in the incidents timeline beside cases that ended differently.
Price, and the unknowns
EUR 5 a month for one month, one year or one decade, with no promo or renewal gap stated, so its cost equals its headline on the renewal price table. Mullvad states its RAM-only migration was completed in September 2023. We could not confirm from the pages read whether it publishes a transparency report, and open-source scope is stated for “the majority” of its software, not per client.
Who it fits, going by the register fields
- Pick it if you want to pay without an email or card, a price that does not change, and a long public record of technical audits.
- Look at others if you want an assurance report on the no-logs policy itself, or a free tier. Proton VPN offers both.
See it against the other two privacy-first services in Proton VPN vs Mullvad vs IVPN. This is our reading of the vendor’s pages, not a measured result.
Alternatives
- IVPN: founder-owned, annual Cure53 audits
- Proton VPN: annual no-logs audits, free tier
- Windscribe: free tier, priced by billing term
For a direct comparison with NordVPN, see Mullvad vs NordVPN.