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 215 companies with combined revenues of $575.2M.
Together, Denmark SaaS companies employ over 7K employees, have raised $1.3B capital, and serve over 25M customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Enterprise Feedback Management Software
Developer of a SaaS independent online review platform designed to make the Internet economy more transparent. The company's online review platform connects businesses with customers by collecting reviews, automate a review collection process, gather and monitor customer feedback to resolve issues for unhappy customers, enabling consumers and businesses to build greater two-way trust online.
Talent Management Software
Peakon is an employee success platform that converts feedback into insights you can put to work.
Information Technology Software
Developer of a digital advertising platform designed to make digital advertising simple, relevant and rewarding. The company's platform offers campaign planning, ad serving, optimization, analytics, reports and much more, enabling media agencies and advertisers to help companies to reach their digital advertising potential.
Cloud Computing Software
Provider of web hosting, IT infrastructure and IT outsourcing services. The company engages in managed hosting and cloud services for medium-sized and large companies in Denmark and the Nordic countries.
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 directly from browser.
Supply Chain & Logistics Software
Provider of data tracking services designed to remotely track, monitor and maintain supply chain assets. The company's data tracking services specializes in supply chain visibility telematic services, enabling customers to drive ROI benefits, improve performance, increase customer retention and add new revenue streams in key supply chain verticals, all integrated into a single integrated platform.
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‚ÄØeach‚ÄØstage of the document creation workflow, delivering productive, compliant and enjoyable ways of working in office applications. It‚Äôs a solution that communications and compliance teams can control, IT can trust, and employees love using. Founded in Copenhagen, Denmark in 2014, Templafy‚Äôs team leveraged more than 15 years of experience in template management and document automation to develop a cloud service solution now used by enterprise customers from all industries. Templafy‚Äôs offices are currently located in New York, Copenhagen, Berlin and Eindhoven, representing 40+ nationalities, and the Templafy team serves customers all over the world.
CLEVER is the leading electric mobility service provider in Scandinavia.
Web Management Software
Prevent website & app overload with Queue-it's virtual waiting room software-as-a-service. Mitigate web traffic peaks by offloading excess visitors to an online queue. Protect your online business while providing a fair user experience with Queue-it.
What are the fastest growing companies doing?
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.
Which CEO’s are the most efficient capital allocators?
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.