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List of the largest SaaS companies in Stockholm, Sweden

Top SaaS Companies in Stockholm

These are the top SaaS companies in Stockholm, Sweden. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Stockholm by featuring these 111 companies with combined revenues of $503M.

Together, Stockholm SaaS companies employ over 6K employees, have raised $2.4B capital, and serve over 974K customers around the world.

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Highlights

01
$113M
-
130K
677
2014
Netherlands
02
ES
Epidemic Sound

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 content creators to use professional-quality soundtracks in any country, on any platform and for a fee, enabling them to make professional-quality soundtracks and make a living making music.

$70M
$509M
-
505
2009
Sweden
03
CSDL
CtrlS Datacenters Ltd

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 world’s leading organizations including 15 of the Fortune 100 Global Multinationals and 25 of the ET 100 Indian companies supported by 200 innovations. CtrlS operates state-of-the-art Tier-4 Datacenter facilities in Hyderabad, Mumbai, Noida and Bangalore spread across one million square feet. The Company has over 1,800 employees and is headquartered in Hyderabad, India. Ctrls is a recipient of awards and recognition such as CIO Choice Public, Hybrid Cloud Services for Large Enterprises, Best Datacenter in the Managed Services Space and as DR as a Service provider, SME Channels Award - Best Datacentre, Aegis Graham Bell Award Innovation in Cloud Service, CII National Award for Excellence in Energy Management, Energy Efficient Unit and NASSCOM Emerge 50 Emerging Companies in India. The company has been the frontrunner in innovation and ushering in a paradigm s

$60M
-
4K
996
2007
Sweden
04
B
Budbee

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 shipment in real time.

$29M
$114M
-
271
2013
Sweden
05
S
Sinch

Application Development Software

Sinch is a telecommunications and cloud communications platform as a service company.

$23M
$1B
-
64
2014
Sweden
06
P
Pensionera.se

E commerce software

Developer of a pension restructuring platform designed to control old age pension in Sweden. The company's platform easily compares various kinds of pension plans, enabling organizations to find the pension services for their employees.

$21M
$1M
50K
39
2013
Sweden
07
B
Bambuser

E-Commerce Software

Bambuser is a SaaS software offering live video shopping.

$15M
$116M
-
154
2007
Sweden
08
K
Kognity

Education Software

Our Vision Kognity is one the fastest growing EdTech companies in the world and we aim to radically improve learning for 1.5 billion school students globally. We pursue our vision because there are few more important jobs than educating the world’s young people. No other single factor has higher impact on the prosperity and well-being of humanity than education. Yet technology has previously not delivered on any of its promises of better learning. At Kognity, we have set out to do this. Who we are We provide intelligent textbooks to schools in over 100 countries on 5 continents, allowing students to learn things faster and more effectively, and teachers to help students reach their goals. We are looking for the sharpest brains, biggest hearts, and greatest drive in Stockholm and internationally, willing to take part in making the world a better place by working at a fun, caring and challenging environment.

$13M
$8M
250K
150
2014
Sweden
09
P
Planhat

Professional Services Providers

Planhat offers a Customer Success Platform built to make customer success simple. Planhat is a powerful, beautiful, and an easy to use tool for customer success. Planhat helps companies manage renewals, reduce churn, increase and identify upsell opportunities, and communicate seamlessly with team members. At Planhat, we are passionate about customer success and are proud to have been part of the evolution of CS over the past 15 years, with a team and founders who have been working in the field since before the official title of customer success came about. With all the experience and knowledge we built a solution that we love to use, and one that our customers enjoy using to achieve their financial and operational goals.

$11M
$50M
1K
90
2014
Sweden
10
AG
Atex Group

Information Technology Software

Provider of content and commercial software for the global media industry. The company's product includes digital experience, broadcast tools, customer engagement, content management integration, content management, flexible and extendable, advertising and circulation. It operates in Europe, Africa, the Middle East, North America, Latin America and the Asia-Pacific.

$9M
-
55
277
1973
Sweden
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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.