Top SaaS Companies in Copenhagen

List of the largest SaaS companies in Copenhagen, Denmark (Click to apply)

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 57 companies with combined revenues of $315.7M.

Together, Copenhagen SaaS companies employ over 4K employees, have raised $0.0 capital, and serve over 1K customers around the world.

$0 - $1M ARR
  1. Secunia $885.4K
  2. TalentHub $857.9K
  3. Plytix $840.2K
  4. Lendino $835.9K
  5. dba $794.5K
$1M - $5M ARR
  1. TimeLog $3.8M
  2. Xelix $3.3M
  3. SUPERB $2.5M
$5M - $10M ARR
  1. Penneo $7.3M
$10M+ ARR
  1. Trustpilot $102.0M
  2. Sitecore $100.0M
  3. Adform $41.1M
  4. Templafy $11.3M
  1. 01
    Trustpilot

    Trustpilot

    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 m

    $102M

    $180M

    789

    2007

    Copenhagen

  2. 02
    Sitecore

    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

    Copenhagen

  3. 03
    Adform

    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 advert

    $41M

    $28M

    687

    2002

    Copenhagen

  4. 04
    Templafy

    Templafy

    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’s platform assists enterprise employees in

    $11M

    $121M

    600

    366

    2014

    Copenhagen

  5. 05
    Penneo

    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, easi

    $7M

    $3M

    88

    2013

    Copenhagen

  6. 06
    JobHopin Asia

    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,

    $6M

    $3M

    95

    2016

    Copenhagen

  7. 07
    TimeLog

    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

    95

    2001

    Copenhagen

  8. 08
    Xelix

    Xelix

    Data Science And Machine Learning Platforms

    Provider of a technology platform intended to manage the process of early settlement discount across the whole supply chain. The company's technology platform provides an easy process where the user has to upload approved invoices and the platform does the

    $3M

    51

    2016

    Copenhagen

  9. 09
    Good Monday

    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 ove

    $3M

    $7M

    37

    2018

    Copenhagen

  10. 10
    GameAnalytics

    GameAnalytics

    Application Development Software

    Provider of cloud hosted services for tracking, analysis and reporting of game metrics. The company's technology helps game developers and studios to take a data-driven approach to game development and monetization. It also provides a premium software-as-a

    $3M

    $8M

    41

    2010

    Copenhagen

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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.