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List of the largest SaaS companies in Copenhagen, Denmark

Top SaaS Companies in Copenhagen

These are the top SaaS companies in Copenhagen, Denmark. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Copenhagen by featuring these 77 companies with combined revenues of $334.9M.

Together, Copenhagen SaaS companies employ over 4K employees, have raised $1.7B capital, and serve over 22M customers around the world.

Divider

Highlights

Top SaaS Companies with $5 - $10M ARR


01
$102M
$180M
-
789
2007
Denmark
02
S
Sitecore

Web Management Software

Sitecore is a customer experience management company that provides web content management and multichannel marketing automation software.

$100M
$1B
-
1K
2001
United States
03
A
Adform

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.

$41M
$28M
-
687
2002
Denmark
04
GT
GlobeTracker

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.

$14M
$11M
-
43
2007
Denmark
05
T
Templafy

Document Management

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’s platform assists enterprise employees in each stage of the document creation workflow, delivering productive, compliant and enjoyable ways of working in office applications. It’s a solution that communications and compliance teams can control, IT can trust, and employees love using. Founded in Copenhagen, Denmark in 2014, Templafy’s 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’s offices are currently located in New York, Copenhagen, Berlin and Eindhoven, representing 40+ nationalities, and the Templafy team serves customers all over the world.

$11M
$242M
600
366
2014
Denmark
06
P
Penneo

Risk & Compliance Software

Operator of an innovative technology intended to offer cloud-based electronic signature software products. The company's technology help companies to procure legally binding documents from stakeholders, enabling users to have documents signed quickly, easily and securely.

$7M
$3M
2K
88
2013
Denmark
07
TL
TimeLog

Time Tracking Software

Provider of a time tracking platform. The company offers software services for time tracking, project management and billing to small and medium sized companies in the consultancy and IT business.

$4M
-
800
95
2001
Denmark
08
JHA
JobHopin Asia

Artificial Intelligence Software

Vietnam #1 AI-powered platform for job and talent market intelligence: JobHopin is the Vietnam 1st career management and recruitment platform powered by AI/ML technology, which automates the sourcing process and helps the recruitment happen FASTER, EASIER, SMARTER. The leading HR technology platform in South East Asia: JobHopin aims to be the leading HR technology platform in South East Asia, starting with Vietnam. Via Bunny AI, JobHopin is shaping the future of work with real-time market analytics and practical recommendations for a smarter recruitment and career management process.

$4M
$3M
-
95
2016
Denmark
09
TH
TalentHub

HR Software

We help companies track and improve their candidate experience

$3M
$6M
1M
32
2017
Denmark
10
GM
Good Monday

Business Management Software

Developer of a digitally enhanced office management platform. The company's platform digitizes all administration of office operations in business, which gives access to all ongoing ad hoc services, enabling companies to solves the pain of managing the overall working environment on a day to day basis and thereby ensures a smoothly run office with less stress and happy employees.

$3M
$7M
160
37
2018
Denmark
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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.