These are the top SaaS companies in Aarhus, Denmark. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Aarhus by featuring these 12 companies with combined revenues of $33.8M.
Together, Aarhus SaaS companies employ over 545 employees, have raised $21.9M capital, and serve over 6K customers around the world.
Top SaaS Companies with $5 - $10M ARR
Top SaaS Companies with $10M+ ARR
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.
Supply Chain & Logistics Software
Scanmarket is a provider of a cloud-based SaaS suite within strategic sourcing software.
CRM and Related Software
Sleeknote helps small e-commerce shops and big online retails engage website visitors‚Äîwithout hurting the user experience.
Developer of an online platform designed to offer help in cross-border trading. The company's platform offers a cloud based portal that manages trading data, create export documents, certificates, customs declarations and transport bookings, enabling clients to minimize the time and resources they spend on freight forwarding, insurance and banking documentation.
Application Development Software
Provider of an online platform intended to offer software as a service facility for meeting management. The company's platform through its digital meeting tools helps in the management of meetings through the organization and following up of those meetings, enabling its clients to manage and schedule meetings.
Provider of data-protection services designed to offer cloud-encryption software to encrypt cloud-data. The company's data-protection services use zero-trust cloud-native Key Management System that delivers cryptographic quality encryption and does not rely on hardware appliances or on any single service provider, enabling businesses to retain full control over the encryption keys.
Artificial Intelligence Software
Provider of a semantic technology intended to provide a range of tools based around concept extraction. The company's semantic technology developed a unique semantic search algorithm that can identify patterns across millions of scientific publications, enabling researchers to break down knowledge silos and make it easier to find new groundbreaking research results across.
Financial Services Software
The alternative to enterprise digital asset management
Developer of a Saas besed digital auditor intended to create sustainable digital communication and build bridges between business and legislation. The company's digital platform is online and available 24/7 on computer, smartphone and tablet and is easy and intelligent self-service providing customers, medium-sized enterprises, to create their annual report and report to SKAT through the Digital Auditor platform.
Developer of a cloud-based health measurement platform designed to provide remote care for citizens and patients. The company's platform offers remote patient monitoring, diagnostics services and access to patient's data from a Web portal, enabling users to measure health data at home anytime.
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.