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List of the largest SaaS companies in Oslo, Norway

Top SaaS Companies in Oslo

These are the top SaaS companies in Oslo, Norway. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Oslo by featuring these 46 companies with combined revenues of $293.8M.

Together, Oslo SaaS companies employ over 2K employees, have raised $288M capital, and serve over 41M customers around the world.

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Highlights

Top SaaS Companies with $5 - $10M ARR


01
B
Basefarm

Communication Software

Orange Business Services is a global IT and communications services company that helps companies collaborate, operate, and engage with customers. On the whole it offers integrated communications solutions and services to global enterprises in cloud computing, unified communications, and collaboration which manage and integrate the complexity of international communications. Orange Business Services provides end-to-end enterprise solutions in data center management, server management, network management, pc life-cycle management, security management, and messaging administration; ITIL-aligned methodology and processes; application management capabilities across verticals for CRM applications, IPT applications, and database integration; remote infrastructure management services; and WAN-LAN integration, design, and management expertise. It also delivers and manages complex PBX, IP Voice-based solutions, unified communications, and collaboration solutions.Orange Business Services was foun

$122M
-
40M
480
2000
Norway
02
G
Gelato

Content Marketing Software

Developer of a cloud-based printing platform designed to connect print houses all over the world to one print cloud. The company's cloud-based printing platform provides print and logistic services as per users demand and request, enabling individuals, designers, and businesses to order and obtain services of printing shops which are nearest to them.

$75M
$29M
-
163
2007
Norway
03
C
Confirmit

Customer Service Software

Confirmit is a provider of innovative technological services to market research agencies. It offers online survey technology and research management software. Its software optimizes a broad range of functionality and provides services to positively influence critical business decision-making. The company was founded in 1996 and is headquartered in Oslo, Norway. Confirmit aims for strategic acquisitions that will help the company to strengthen its business activities across the country and worldwide.

$25M
-
-
402
1996
Norway
04
A
Ardoq

Analytics Software

Ardoq is a dynamic, data-driven tool for Enterprise Architecture and a key tool for your digital transformation journey.

$16M
$164M
-
162
2013
Norway
05
D
Documaster

Document Management

It’s time to get organized! Documaster gives a complete overview, and makes it easy to tag, store and find documentation.

$9M
$17M
200
95
2014
Norway
06
NS
Neptune Software

Professional Services Providers

Developer of business management application and software suits. The company's software as a service platform helps organizations design and deploy applications for their SAP systems thus enabling them to accelerate their enterprise application development projects and increase employee satisfaction, productivity and business efficiencies.

$6M
$8M
-
83
2011
Norway
07
IP
Ignite Procurement

Procurement Software

Strategic Procurement Made Easy: We facilitate data-driven, smarter, and sustainable decisions for procurement professionals and businesses.

$5M
$4M
-
49
2017
Norway
08
H
Holte

Construction Software

Provider of a Web-based platform intended to facilitate management of construction projects. The company's Web-based platform integrates with a paperless trade system that stores and organizes construction project documents, tracks project deals, sends alerts on project lag timing, displays contacts database of customers and employees, tracks employee participation, manages invoice and sends alerts and notifications on pending projects, enabling builders, carpenters and construction project planners to keep track of all project details and coordinate construction related work with customers and other project planners and builders.

$3M
-
50K
128
1977
Norway
09
D
Decisions

Event Management Software

Developer of meeting management platform designed to help plan, organize and run successful meetings. The company's platform offers a dashboard which gives an instant overview on the progress of action items and decisions made in the different management teams and groups and provides access to the meeting agenda and documents from calendar, on any device and with the security of Microsoft Office 365, enabling leaders to achieve their goals through better meetings, decisions and execution.

$3M
$4M
-
52
2016
Norway
10
A
Autogear

Software As A Service Platform(Saas)

Autogear is a hardware enabled SaaS company operating in the intersection between connected cars and expense management. We provide automatic mileage tracking for people who use their own car at work, so they get maximum mileage reimbursement without taking time away from their real job. A standard electronic triplog will give you all your trips in a neat interface, but still require significant effort before an expense report is submitted. We would compare that to getting your full credit card statement and being asked to pick out the business expenses. OK in theory but too time consuming to bother with in practice. Our vision is to make mileage reimbursement fully automated - with zero touches needed by the end users. We are moving towards this goal by continuously developing our core technology TripEngine. The purpose is to take all the pain and errors away from sorting trips into categories such as business and private by doing it all automatically. Autogear has sold products to

$3M
-
-
35
2006
Norway
1 - 10 of 46Next

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.