Top SaaS Companies in Norway

List of the largest SaaS companies in Norway (Click to apply)

These are the top SaaS companies in Norway. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Norway by featuring these 4 companies with combined revenues of $13.2M.

Together, Norway SaaS companies employ over 159 employees, have raised $49.2M capital, and serve over 4K customers around the world.

$0 - $1M ARR
  1. Checkd $990.0K
$1M - $5M ARR
  1. Fusetools $1.2M
$5M - $10M ARR
  1. Fotoware $6.0M
  2. Xeneta $5.0M
$10M+ ARR
    1. 01

      Fotoware

      Content Management Systems

      Simplify your day by organizing your files with

      $6.0M

      4K

      28

      1997

      Norway

    2. 02

      Xeneta

      Supply Chain & Logistics Software

      Ocean/air freight rate benchmarking platform

      $5.0M

      $30.0M

      200

      85

      2012

      Norway

    3. 03

      Fusetools

      Development Software

      Bypass traditional design & development efforts

      $1.2M

      $18.0M

      100

      35

      2011

      Norway

    4. 04

      Checkd

      Construction Software

      Simplify communication in construction projects

      $990.0K

      $1.2M

      150

      11

      2013

      Norway

    1-4 of 4

    The Latka Grid

    $RevenueEmployees

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    Bootstrapped, Funded SaaS

    55 bootstrapped companies made the 2019 list compared to 102 funded companies that have raised $2.8 billion in total.

    These bootstrapped founders should be very proud. They found creative ways to drive growth without having to sell big chunks of their company for equity.

    53 of these bootstrapped CEO’s are not located in San Francisco or New York.

    All except 6 of the 55 are profitable as of December 2019.

    Is Churn Important for Growth?

    90 of these companies have net revenue retention greater than 100%. This means their upsell and expansion revenue from historical customers more than makes up for any lost revenue from those same customers.

    34 of these companies have net revenue retention between 80-99%.

    The companies with net revenue retention under 80% annually share a common theme in that only 2 out of the 29 companies have any expansion revenue at all.

    Many of these companies simply haven’t added a second product to upsell, or don’t rely on utility based upselling. Expect their growth to expand in 2020 as many of them have expansion revenue in their strategic plans.

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