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The top list: 10 hottest and fastest growing SaaS startups in London in 2019

Editorial team by Editorial team
May 20, 2019
in News, Software & SaaS, Startups
The top list: 10 hottest and fastest growing SaaS startups in London in 2019
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Talking about the innovation, it’s London that’s dominating Europe not only in the largest financial knowledge but years of cultural innovation as well. This cultural trait has created some of the most exciting tech companies in the world now.

With world-class universities and a diverse pool of international talents, it’s no surprise that London is a centre for an innovation hub. In the recent KPMG’s survey, London ranked in the third position for leading technology innovation hubs over the next few years.

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The Software-as-a-Service (SaaS) is a booming industry with many potentials for small to large companies’ customers. Coming in all shapes and forms, London has a strong contingent of SaaS start-ups that span a multitude of facets of business and industry.

Having said that, let’s delve into the list of 10 best SaaS startups London has to offer this year.

Improbable

Founders: Herman Narula, Peter Lipka, Rob Whitehead
Funding: €547M

Improbable is a games technology company that works on next-generation gameplay through virtual worlds of unprecedented scale, persistence and richness. The SpatalOS lets developers transcend the limits of regular computation, allowing swarms of servers running in the cloud to cooperate to simulate worlds far larger and more complex than any single server could.

Blippar

Founders: Ambarish Mitra, Jessica Butcher, Omar Tayeb, Steve Spencer
Funding: €124M

Blippar is a technology company specializing in augmented reality, artificial intelligence and computer vision. Since 2011, Blippar has been pushing the boundaries in AR and has helped thousands of brands, and agencies use AR/AI to deepen customer engagement, and increase sales. Blippar’s technology has been used by world-leading brands such as PepsiCo, Porsche, Nestlé, L’Oréal, GSK, General Mills and Procter & Gamble.

Reward Gateway

Founders: Chris Whitcombe, Glenn Elliott
Funding: €175M

Headquartered in London, it is an enterprise SaaS employee engagement platform with employee perks, recognition, communications, well-being and surveys. This platform has helped more than 1800 companies to attract engage and retain their best people. Clients include American Express, Unilever, Samsung, IBM and McDonald’s.

Yopa

Founders: Alistair Barclay, Andrew Barclay, Daniel Attia, David Jacobs
Funding: €93.1M

YOPA provides real estate agency services through an online platform that enables clients to request for their property valuation, review the advertisement, receive viewings and offers, and sell properties. The company aims to make the process of selling your home affordable, simple and transparent.

Huddle

Founders: Alastair Mitchell, Andy McLoughlin
Funding: €81.1M

Huddle is an enterprise document collaboration company that helps organizations across the globe to collaborate securely and simply. In Huddle, teams can work together to share, discuss and work on their content creating exceptional content instead of chasing approvals and organising documents.

Mimecast

Founders: Neil Murray, Peter Bauer
Funding: €80.6M

Mimecast is a SaaS-based email management platform that improves the way companies manage important business communication and data. The company aims to reduce the risks users face from email through proprietary cloud architecture to deliver comprehensive email security, service continuity and archiving in a single subscription service. To be more specific, Mimecast wants to make it easier for people to protect a business in today’s fast-changing security and risk environment.

Workable

Founders: Nikos Moraitakis, Spyros Magiatis
Funding: €76.7M

Workable operates a cloud-based recruitment platform for companies. It is one of the most popular recruiting software for medium-size business globally. It has clients including Basecamp, Porsche, Kurt Geiger and Sears use Workable for applicant tracking, recruitment marketing and passive candidate sourcing.

QuBit

Founders: Daniel Shellard, Emre Baran, Graham Cooke, Ian McCaig
Funding: €68.1M

Qubit helps marketers through their tools to understand their visitors and personalize their online presence to drive conversions in real time. Qubit’s mission is to help the world’s leading retail, travel and gaming brands thrive as their customers increasingly buy online.

Mimiro

Founders: Charles Delingpole
Funding: €34.7M

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.

Concentra Analytics

Founders: Rupert Morrison
Funding: €49.2M

Concentra Analytics builds data solutions that enable businesses to capture, manage and use data to analyse and transform their operations.

Stay tuned to Silicon Canals for more updates in the tech startup world.

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