These are the top SaaS companies in Sweden. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Sweden by featuring these 253 companies with combined revenues of $1.7B.
Together, Sweden SaaS companies employ over 11K employees, have raised $24.6M capital, and serve over 101M customers around the world.
Crm And Related Software
Provider of customer support and services for customer care and sales management in Sweden. The company offers Powersell, which is the CRM solution that includes sales tools, history log, activity planning, and document management functionality and Lime th
Information Technology Software
NetEnt AB is a Swedish company that is involved in the entertainment business and primarily develops and sells casino systems and game applications. The company's gaming portfolio comprises various game categories, including video slots, the firm's most po
Business Intelligence Software
Parkster is a mobile application that helps to pay for parking quickly, smoothly, and without extra charge directly on from mobile.
Tobii along with its subsidiaries provides eye-tracking solutions. The group comprises three business units: Tobii Dynavox, Tobii Pro and Tobii Tech. Tobii Dynavox provides assistive technology for communication. Tobii Pro is a provider of eye-tracking sol
Digital Advertising Platforms
Developer of a royalty free music library to provide cutting edge production music for films, TV and YouTube content based in Stockholm, Sweden. The company's cloud based library offers a catalog of music tracks from different genres and allows visual cont
Information Technology Software
CtrlS is Asia's largest Rated 4 Data center and managed services provider and trusted advisor to over 3,500 Indian and worldâ€™s leading organizations including 15 of the Fortune 100 Global Multinationals and 25 of the ET 100 Indian companies supported by
Accedo is a provider of television applications. The company provides interactive applications for smart TVs and connected TV devices for media companies, consumer electronics and TV operators. The solutions it provides are live streaming, video monetizati
Financial Services Software
Pagero offers e-order and e-invoice services that help businesses to streamline operations throughout the entire order-to-pay process.Their services are delivered in the cloud via Their network Pagero Online. The services are independent of ERP system, ind
Delivery Service Software
Developer of a tracking platform created to offer a modern cargo-mile logistics service for e-commerce. The company's platform provides detailed tracking information and instant chatting, enabling e-commerce businesses to keep track of the location of the
Field Service Management & Mobility Software
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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.
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.