10 SaaS Startups in Sweden

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in Sweden. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 10 VC funded SaaS startups in Sweden .

Brink Commerce

Brink Commerce is an eCommerce SaaS with unmatched performance, time to market speed and ease of development due to headless architecture, serverless infrastructure and open API's.

Company details:
Founders:
Kristian Tysander, Marcus Ljungberg, Patrik Antonsson
Founded:
2020
Based in:
Stockholm, Stockholms Lan, Sweden
Industries:
E-Commerce, E-Commerce Platforms, SaaS
Latest funding:
$2,200,000
Seed
28 June 2021
Total funding:
$3,400,000
Investors
Innovation Nest, Wellstreet, Jarno Vanhatapio, Alexander Hars, Filip Tysander

CarbonCloud

With the help of CarbonCloud, a SaaS platform, the whole food sector is now able to swiftly calculate and comprehend their emissions in real time, establish ambitious climate goals for the entire supply chain, and take strategic action to achieve those goals. Production and retail actors in the food and beverage industry can use Initial Mapping to establish their emissions baseline more quickly than ever before, aggregate their emissions data for the entire portfolio, visualize climate ROI in a sandbox setting, and receive real-time climate performance data from their entire supply chain. The business was established in 2019 as a result of a research spin-off at Chalmers University of Technology, where renowned climate researchers collaborated with SaaS and UX specialists. The goal of CarbonCloud is to put cutting-edge research and data in the hands of every decision-maker throughout the intricate value chains for food, from the farm to the final consumer, so that they may take informed action to slow down climate change.

Company details:
Founders:
David Bryngelsson
Founded:
2016
Based in:
Göteborg, Vastra Gotaland, Sweden
Website:
CarbonCloud
Industries:
Information Technology, SaaS
Latest funding:
$4,410,000
Seed
1 November 2021
Total funding:
$5,819,662
Investors
Maki.vc, Cusp Capital, TS Ventures GmbH

ClimateView

A Swedish startup called ClimateView uses cutting-edge technology to hasten the transition of cities to zero-carbon economies. To help cities manage and finance the move to net zero, we combine data and systemic analysis. ClimateOS, the first climate SaaS for cities, was developed by ClimateView. It is based on a new theory of change for climate action that the Swedish government and cities throughout Europe and North America are using to get beyond the number one obstacle to taking action on climate change: connecting emissions and economics.

Company details:
Founders:
Einar Bodström, Jeff Goens, Tomer Shalit
Founded:
2018
Based in:
Stockholm, Stockholms Lan, Sweden
Website:
ClimateView
Industries:
Big Data, CleanTech, GreenTech, Information Technology, SaaS, Software
Latest funding:
$11,601,493
Series A
29 September 2021
Total funding:
$16,298,621
Investors
Gaingels, GGV Capital, Almi Invest, Norrsken VC, SEB Venture Capital

Funnel

The purpose of Funnel is to eliminate manual data collecting. All marketing and advertising platforms can be integrated with Funnel, allowing you to supply your data wherever you need it. integrations with 400+ data sources out of the box. You will have the choice to input your data into any tool using Funnel. Automatically stream data into Google Sheets, Google Data Studio, Google Analytics, your data warehouse, business intelligence software, and any other visualization software. E-commerce enterprises, media agencies, brands, b2b organizations, mobile app developers, and gaming businesses are all served by Funnel. It was formed in 2014 by Per Made and Fredrik Skantze. offices in Boston and Stockholm (HQ).

Company details:
Founders:
Fredrik Skantze, Per Made
Founded:
2014
Based in:
Stockholm, Stockholms Lan, Sweden
Website:
Funnel
Industries:
Advertising, Analytics, Big Data, Marketing, SaaS, Software
Latest funding:
$65,842,197
Series C
12 October 2021
Total funding:
$133,842,198
Investors
F-Prime Capital, Industrifonden, Kreos Capital, Eight Roads Ventures, Stena Sessan

IOT Communications

The serverless cloud communications platform (CPaaS) for mission-critical real-time communication is called iotcomms.io. has an emphasis on encapsulating telecom complexity into APIs for the IOT sector, including security, care, and IOT devices, as well as the Unified Communication sector.

Company details:
Founders:
Gunnar Reinholdsen, Jörgen Björkner
Founded:
2018
Based in:
Stockholm, Stockholms Lan, Sweden
Industries:
Health Care, Internet of Things, SaaS, Software, Telecommunications, Unified Communications
Latest funding:
$2,419,432
Seed
9 June 2021
Total funding:
$3,419,433
Investors
Fairpoint Capital, Telia Ventures, Red Dawn Ventures

Planhat

Planhat is a customer platform built to give insights, manage workflow and drive customer experience. Planhat is helping hundreds of modern technology companies worldwide center their business around their customers in order to maximize customer success and customer lifetime value. Built for everyone from the CSM to the C-Suite, the platform allows you to unify your customer data, to set goals and ideal outcomes, and to enhance the customer journey with features like playbooks, automation and collaboration. The company was founded in Stockholm, Sweden in 2014 and has a team of 100+ people across Europe, North America, South America, and APAC. Read more at www.planhat.com.

Company details:
Founders:
Kaveh Rostampor, Niklas Skog
Founded:
2015
Based in:
Stockholm, Stockholms Lan, Sweden
Website:
Planhat
Industries:
Analytics, B2B, CRM, Customer Service, Enterprise Software, Information Technology, SaaS
Latest funding:
$50,000,000
Series A
21 April 2022
Total funding:
$50,000,000
Investors
Sprints, Elephant

Precisely

Precisely was founded on the idea to digitalize contract management in a way that serves both legal teams and their colleagues in other departments. Today, our platform meets even the most demanding contracting needs, with unparalleled ease of use. Precisely was founded in 2014 and is headquartered in Gothenburg, Sweden.

Company details:
Founders:
Nils-Erik Jansson, Team Precisely
Founded:
2014
Based in:
Göteborg, Vastra Gotaland, Sweden
Website:
Precisely
Industries:
Contact Management, Enterprise Software, Legal, Legal Tech, Natural Language Processing, SaaS, Software
Latest funding:
$2,178,269
Seed
27 January 2021
Total funding:
$2,178,270
Investors
Peak, The Springfield Project

Sendify

The majority of small business owners would like to concentrate on their operations than have to deal about logistics and shipping. Unfortunately, moving things from A to B continues to be one of their major costs and sources of annoyance. One rationale is that big volume shippers have received priority in the shipping sector, leaving small enterprises with cumbersome procedures and unjust costs. Sendify was created by us to level the playing field and enable forward-thinking companies to ship more effectively. With the help of our digital platform, shippers of any size may access pre-negotiated deals with top carriers, modernizing their supply chains while saving 20% on each shipment on average. Sendify has you covered whether you need to send a pallet or a parcel around the neighborhood or around the world. Since our founding in 2016, we have assisted more than 15,000 small businesses worldwide in saving time and money on shipping so they can focus on expanding their operations. This establishes us as *the* shipping and logistics provider for expanding companies in Germany and Sweden.

Company details:
Founders:
Fredrik Edeland
Founded:
2016
Based in:
Gothenburg, Vastra Gotaland, Sweden
Website:
Sendify
Industries:
SaaS, Shipping, Software, Supply Chain Management
Latest funding:
$6,322,126
Seed
25 February 2021
Total funding:
$8,195,983
Investors
Atlantic Labs, Rider Global, Alexander Hars

Stravito

Stravito is a knowledge management solution that democratizes access to market research and insights, making it fast and easy to use research to make better decisions. Teams such as consumer insights, use Stravito’s intuitive, highly automated cloud service to centralize internal and external data sources, organize research and data, and quickly generate the findings that organizations need to power growth. Stravito was founded in Sweden in 2017 by a team of entrepreneurs with decades of technology and research industry experience. Today it is represented in Boston, US as well as in several European countries.

Company details:
Founders:
Anders Örbom, Andreas Lee, Sarah Lee, Thor Olof Philogène
Founded:
2017
Based in:
Stockholm, Stockholms Lan, Sweden
Website:
Stravito
Industries:
Computer, Enterprise Software, Knowledge Management, SaaS, Software
Latest funding:
$14,723,745
Series A
2 September 2021
Total funding:
$21,009,743
Investors
Inventure, henQ, Endeit Capital, Creades AB

TrusTrace

TrusTrace journey began when four techie-friends, during a regular meet-up started discussing about the environmental impact of certain goods they used and how their purchasing decisions would change if such information was available. The discussion led to the idea of TrusTrace which enables Conscious Consumerism and Conscious Production. TrusTrace cloud based solution enables customers with varying levels of supply chain complexity and integration to Measure, Monitor and Communicate about various aspects of a product - quality, impact on environment, social impact.

Company details:
Founders:
Hrishikesh Rajan, Madhava Venkatesh, Saravanan Parisutham, Shameek Ghosh
Founded:
2016
Based in:
Stockholm, Stockholms Lan, Sweden
Website:
TrusTrace
Industries:
Enterprise Software, Information Technology, SaaS, Supply Chain Management, Sustainability
Latest funding:
$5,992,236
Series A
14 October 2021
Total funding:
$7,688,886
Investors
Zalando, Industrifonden, BackingMinds, Fairpoint Capital, Vinnova

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