These are the top SaaS companies in Denmark. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Denmark by featuring these 100 companies with combined revenues of $274.7M.
Together, Denmark SaaS companies employ over 3K employees, have raised $3.4M capital, and serve over 5K customers around the world.
Talent Management Software
Peakon is an employee success platform that converts feedback into insights you can put to work.
Keepit provides cloud backup and SaaS workload protection services for Office 365, Google Apps, and Salesforce.
Provider of a customer friendship platform intended to help customers get what they want. The company's platform uses telephony, email and chat powered by human and artificial intelligence, enabling delivery of personal support on phone, email and chat dir
Governance|Risk & Compliance Software
Templafy is a fast-growing B2B Software-as-a-Service company, helping more than 1.5 million users improve productivity, branding, and compliance across business documents, presentations, and emails. Templafy‚Äôs platform assists enterprise‚ÄØemployees‚ÄØin
CLEVER is the leading electric mobility service provider in Scandinavia.
eloomi is a software tool that simplifies training and people development in corporates.
Developer of a web governance software solution designed to give website visitors a superior browsing experience. The company's software offers an auditing tool that provides accurate and insightful information, enabling organizations to optimize their onl
Enterprise Feedback Management Software
Provider of indoor navigation platform created for indoor navigation solutions. The company develops, implements and manages digital mapping solutions for private and public businesses, provides indoor navigation for large buildings, for instance, airports
Contractbook is a digital contract management platform where you can manage the entire lifecycle of your contracts in one flow.
ClickLearn is the market e-learning authoring solution for business applications.
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83 of the fastest growing companies that also have the most revenue have a clear expansion revenue strategy. On average, sales reps are selling plans where starting contract value is $4,606.
Those same companies employ 1,678 sales reps that carry a quota. The most common compensation plan used by these companies is a 1:5 ratio of sales rep on target earnings (OTE) to quota. Meaning if a rep can earn $200k in base and commissions, quota target for that year is set at 5x, or $1m in new ARR closed.
If you’re going to build a high growth SaaS company, you need to figure out how to scale with quota carrying sales reps.
We can measure this a variety of ways. Which company has the most revenue per employee? What about dollars in revenue compared to dollars raised? What about time, which founder went from $0 to $10m the fastest?
Looking deeper at dollars in revenue compared to dollars raised, bootstrappers take the cake because they self fund (denominator zero). When we look at companies that have raised at least $1m, Actito is the clear winner generating $21m in revenue, growing 100% yoy, on just 1m raised ($.05 dollars raised for every $1 of revenue).
Omnisend comes in a close second with $.08 dollars raised for every dollar of revenue. Doing $19m as of December 2020. Proposify gets honorable mention with $0.46 dollars raised (3.25m) for every dollar of revenue ($7m).
The worst performers here are companies like YayPay with $3.68 dollars raised ($14m) per dollar of revenue ($3.8m). Many of the worst performers just did a round of funding and haven’t had a chance to deploy to drive growth yet. That makes this data less valuable but still illustrative.