Meet the top 10 fastest growing SaaS startups in Europe in 2019

Around the globe, almost every industry is hustling towards greater digitalisation. Having said that, the Software-as-a-Service (SaaS) is a booming industry with a lot of potential for small to large companies’ customers.

Especially, the boom in the European SaaS startup ecosystem has continued to grow at an exceptional pace. In fact, the investment in European SaaS companies exceeded €5 billion in 2018, according to Dealroom. Below are the top 10 fast-growing European SaaS companies.

Smart Pension

Founded by Will Wynne and Andrew Evans in 2014, Smart Pension is a workplace pension tailored specifically for UK businesses. Notably, the company has been designed specifically to support UK businesses faced with the challenges of auto-enrollment.

Smart Pension’s adviser platform has been designed for accountants, payroll bureaus, payroll software providers, HR and much more. Recently, the company completed a strategic placement funding round, which saw J.P. Morgan’s US-based investment group invest in the London fintech, bringing the total funds raised to date to £50m (€57 million).

Mimiro

Mimiro is all about helping firms make intelligent risk decisions by providing real-time insight into the risk of people and companies. They provide data intelligence to help firms understand the risk of who they’re doing business with.

Moreover, the company has broader coverage, which allows Mimiro to spot tens of thousands of risk events from within millions of structured and unstructured data sources. Founded by Charles Delingpole, Mimiro has raised a total of €34.7 million in funding over 2 rounds. Their latest funding was raised on Jan 30, 2019, from a Series B round.

Collibra

Collibra was founded mid-2008 as a spin-off from STARLab at the VUB University of Brussels. The company is backed by venture capital, including the Brussels Imagination, Innovation and Incubation Fund, Brustart (GIMB), and business angels. Recently, Collibra became the first Belgian tech startup unicorn with a valuation above 1 billion dollars.

Collibra helps organisations around the world gain a competitive advantage by maximising the value of their data across the enterprise. The company’s customer includes brand leaders such as NetApp, EMC, Capital One, and Independence (Blue Cross Blue Shield).

Founded by Felix Van De Maele, Pieter De Leenheer, and Stijn Christiaens in 2008, Collibra has raised a total of € 218 million in funding over 6 rounds. Their latest funding was raised on Jan 29, 2019, from a Series E round.

Content Square

Founded by Jonathan Cherki, Content Square is a specialist for optimising Web and mobile sites. Based out of Paris, this company provides an in-depth look at your visitors’ browsing and purchasing behaviours. It is easy to integrate, simple and quick to use. ContentSquare has raised a total of €111 million in funding over 3 rounds. Their latest funding was raised on Jan 28, 2019, from a Series C round.

FeatureSpace

Featurespace is a provider of adaptive behavioural analytics technology for fraud and risk management in financial services & gaming. The company has developed an ARIC platform, where it uses anomaly detection to analyse complex behavioural data in real time, spotting anomalies to block new fraud attacks as they occur.

Headquartered in Cambridge, UK, and Atlanta, GA, U.S. Featurespace has deployed the ARIC platform to organisations that have services or products deployed in over 180 countries. Featurespace has raised a total of €63.4 million in funding over 5 rounds. Their latest funding was raised on Jan 27, 2019, from a Venture – Series Unknown round. It was founded by Bill Fitzgerald, David Excell in 2008.

Kognity

Founded by Hugo Wernhoff and Nicholas Johansson in 2014, Kognity‘s vision is to radically improve learning for the world’s 1.5bn school students. The company’s software makes both teaching and learning more effective and engaging. It replaces printed textbooks at our customer schools with the next generation alternative.

Kognity is now in over 70 countries and grows more than 100% y.o.y. Based out of Stockholm, the company has raised a total of €6.6 million in funding over 3 rounds. Their latest funding was raised on Jan 22, 2019, from a Series A round.

CoreView

Based out of Milan, CoreView provides enterprise organisations and Microsoft partners the ability to monitor, manage, report, and audit valuable information on all aspects of their Office 365 environment.

Founded by David Mascarella and Ivan Fioravanti, CoreView has raised a total of €18.2 million in funding over 1 round. This was a Venture – Series Unknown round raised on May 30, 2018.

Medopad

Medopad is a British healthcare technology company, which takes a modular approach covering a wide variety of disease areas to deliver better and more personalised care by transforming the way patients and data interact with clinicians.

In fact, their Artificial Intelligence division uses data collected through their platform to generate predictive insights which will be able to detect life-threatening medical conditions.

Founded by Dan Vahdat and Rich Khatib, Medopad has raised a total of €34.4 million in funding over 3 rounds. Their latest funding was raised on Feb 2, 2018, from a Series A round.

CybSafe

CybSafe is a cloud-based cybersecurity awareness platform that helps organisations take an intelligent approach to cyber and information security awareness. Based out of London, the company educates employees through intuitive learning via a range of short structured modules, containing thought-provoking content, designed to optimise behavioural change.

Also, through intelligent software and proprietary analytics, CybSafe learns individual knowledge levels, behaviour patterns and the ever-evolving techniques of cybercriminals. Founded by Oz Alashe CybSafe has raised a total of €4.2 million in funding over 1 round. This was a Series A round raised on Sep 4, 2018.

LassoX

Based out of Copenhagen, Lasso X is a software company that provides market data in industry-specific solutions. Founded by Jakob Bech Benediktson, and Jeppe Bech Madsen, the company’s data solution is accessible via web or through its clients’ existing business system. LassoX has raised a total of €2.0 million in funding over 3 rounds. Their latest funding was raised on Apr 23, 2018, from a Venture – Series Unknown round.

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