Top SaaS Companies in Stockholm

List of the largest SaaS companies in Stockholm, Sweden (Click to apply)

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 87 companies with combined revenues of $446.6M.

Together, Stockholm SaaS companies employ over 6K employees, have raised $0.0 capital, and serve over 524K customers around the world.

$0 - $1M ARR
  1. Newstag $925.4K
  2. Planhat $882.2K
  3. Adoveo $879.7K
$1M - $5M ARR
  1. Sana Labs $4.4M
  2. Digpro $4.3M
$5M - $10M ARR
  1. KIT $7.2M
  2. Flowbox $5.2M
$10M+ ARR
  1. Keylane $112.9M
  2. Budbee $29.3M
  3. Sinch $22.6M
  1. 01
    Keylane

    Keylane

    Financial Services Software

    Keylane is the market leader in the Benelux for flexible SaaS based solutions that underpin the core processes of life and non-life insurers and pension institutions. With continued expansion and offices also in Germany, the Nordics and the United King...

    $113M

    130K

    677

    2014

    Stockholm

  2. 02
    Epidemic Sound

    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 cont

    $70M

    $509M

    505

    2009

    Stockholm

  3. 03
    CtrlS Datacenters Ltd

    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

    $60M

    4K

    996

    2007

    Stockholm

  4. 04
    Budbee

    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

    $29M

    $114M

    271

    2013

    Stockholm

  5. 05
    Sinch

    Sinch

    Application Development Software

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

    $23M

    $12M

    251

    2014

    Stockholm

  6. 06
    Kognity

    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 y

    $13M

    $8M

    250K

    150

    2014

    Stockholm

  7. 07
    Atex Group

    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

    $9M

    277

    1973

    Stockholm

  8. 08
    Artificial Solutions International AB

    Artificial Solutions International AB

    Artificial Intelligence Software

    Developer of virtual assistant technology for website applications. The company develops, markets and implements a Software-as-a-Service (SaaS) based customer interaction suite that when implemented includes a virtual assistant as a key component of the so

    $8M

    $40M

    98

    2001

    Stockholm

  9. 09
    KIT

    KIT

    Authoring And Publishing Software

    Developer of an online media platform designed to provide news and social content. The company's online media platform distributes content across several platforms via social media through an online tool application, enabling users to measure all of their

    $7M

    $5M

    94

    2014

    Stockholm

  10. 10
    Flowbox

    Flowbox

    Digital Advertising Platforms

    Provider of image composition services intended to be used in matters of film editing. The company develops a cloud-based platform that offers a global repository of nodes for image composition, analysis and processing services for film production.

    $5M

    $300K

    68

    2016

    Stockholm

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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.