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Radar · SaaS in Denmark

Best SaaS Companies in Denmark

The 137 best SaaS companies in Denmark in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: heyhack.

137companies tracked
$1.6Mdisclosed funding
0unicorns
1have raised

Denmark's SaaS scene is small by global standards, but it's real and it's moving. This directory tracks 137 companies in Denmark, ranked by disclosed equity funding and recent funding momentum, with heyhack sitting at the top on $2M of disclosed capital and the rest of the field largely pre-disclosure or bootstrapped.

Globally, the numbers behind SaaS are hard to ignore: the market hit roughly $143.8B in 2021 and was forecast to reach $172.0B in 2022, compounding at about 25.89% annually. That tailwind reaches Denmark even if the local funding totals look modest. What's the hottest theme right now? Cloud-native firewalls, cloud security groups, and SaaS security policies are dominating the conversation this quarter, a direct response to growing data security concerns that regulators across Europe are pressing vendors to address. Consolidation is picking up pace too: Chargebee's acquisition of Trainn is exactly the kind of move you'd expect when a maturing sector starts folding talent back into established platforms. I'd watch that consolidation signal closely if you're tracking where Danish SaaS exits might eventually land.

Sources & further reading
  • Oracle eyes regulated cos to keep the SaaS ball rolling in India
FLIAR INTELLIGENCE · SAAS × DENMARK

Our analysis of 450 SaaS companies

$16.8b in tracked funding; 89% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.

450companies analysed
89%cloud-native stacks
2021funding peak (by rounds)
16unicorns
2016median founding year

Ranked: Best SaaS companies in Denmark

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1heyhack
Heyhack is an automated penetration testing platform for modern development teams.
$2M47 mo agoAcquired—2022Auth0Amazon Web ServicesHubSpot+5—
21st retail
1ST-Retail offers subscription and free services to customers through the website.
——Acquired—2000——
33Dfacto
Provider of consultancy and software for quotation process management systems with product configuration.
——Acquired—1998——
47-Technologies
Developer of software for the operation of industrial plants and utilities.
——Acquired—1984——
5Actua (IT Consulting and Outsourcing)
Provider of software development service and consultancy assistance intended to cater the new energy sector.
——Deadpooled—2006——
6Acubiz
Developer of a SaaS-based expense management platform designed to help businesses streamline their spend…
——Acquired—1997——
7AddOptify
Developer of customer relationship management software based in Copenhagen, Denmark.
——Acquired—2015——
8Admiral IT (Denmark)
Developer of enterprise resource planning software. The company develops and distributes vertical software…
——Acquired—1981——

Top 1 SaaS companies in Denmark

#1
Acquired · Copenhagen, Hovedstaden · founded 2022 · 7 employees
$1.6Mraised
▾

Developer of automated penetration testing software designed for continuously scanning web apps and APIs for web vulnerabilities. The company provides detailed information on findings it derives from automated penetration so the clients can fix issues in a matter of minutes and allows them to stay ahead of hackers by continuously testing the web application, enabling clients to protect themselves from attacks against web applications and APIs

Investors
PreSeed Ventures, Innovationsfonden, Amazon Web Services, NVIDIA, Bjarke Klinge Staun, Christian Jantzen
Tech stack
Amazon SesAmazon Web ServicesAuth0CloudflareCloudflare Bot ManagementHsts

Funding & investor landscape

$1.6Mtotal disclosed funding
1companies funded
0disclosed rounds
0rounds last 90 days
Prism market signals · Denmark · country-scoped Prism corpus, 697,687 docs

Market landscape — 10 sub-themes by coverage

Share of SaaS coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Denmark

How research on Cloud Computing is moving in Denmark

A read on the academic research around Cloud Computing — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 112 Denmark-affiliated papers.

top research entities
  • Aalborg University21
  • Technical University of Denmark16
  • Aarhus University14
  • DHI9
  • University of Copenhagen6
leading researchers
Radoslaw Guzinski · Jakobsson, Johan · Barker, Roger · Gale Hammell, Molly · Kirkeby, Agnete · Garza, Raquel · Ruyu Liu · Hauke Schulz
▲ Breakthroughs41 · 37%
▲ 0%→38% share
0 median citations93% since 2021mostly methods-led
Satellite research is newly emerging in Danish cloud computing — 5 papers appeared from zero prior presence.
rising sub-themes (early→recent)
  • Satellite5
  • Aerosol4
  • Point (geometry)4
  • Point cloud4
  • Astrobiology3
Newly emergingSatellite 0→5
Landmark Cloud RAN for Mobile Networks—A Technology Overview · 1,544 cites
◆ Advancements20 · 18%
▲ 0%→18% share
0 median citations90% since 2021mostly methods-led
Virtualization and data-access research is rising — both reached 3 papers from no prior Danish field share.
rising sub-themes (early→recent)
  • Leverage (statistics)3
  • Virtualization3
  • Data access3
  • Cloud storage2
  • Operating system2
Landmark Blockchain-based Personal Health Data Sharing System Using Cloud Storage · 277 cites
▼ Concerns22 · 20%
▲ 0%→16% share
0 median citations73% since 2021mostly reviews
Internet of Things interoperability concerns are intensifying — IoT leads with 5 papers as field share grew to 16%.
rising sub-themes (early→recent)
  • Internet of Things5
  • Aerosol4
  • Interoperability3
  • Data sharing3
  • Liquid water content2
Landmark Internet of Things (IoT) and the Energy Sector · 738 cites
RESEARCH HOTSPOTS · Denmark

Where cloud computing is researched across Denmark

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Kongens Lyngby21 · +0.40
Advancing · Operating systemOpportunity · Upsampling
Aalborg21 · +0.59
Opportunity · Satellite
Aarhus18 · +0.52
Opportunity · Data management
Copenhagen12 · +0.47
Opportunity · Data science
Odense7 · +0.39
Opportunity · Telemedicine

Common questions

How many SaaS companies are there in Denmark?
Radar tracks 137 indexable SaaS companies headquartered in Denmark that meet our profile-completeness bar.
What is the total funding raised by SaaS companies in Denmark?
The SaaS companies in Denmark on this list have raised a combined $1.6M in disclosed equity funding across 1 funded companies.
Which is the highest-funded SaaS company in Denmark?
heyhack is the highest-funded SaaS company in Denmark, with $1.6M in disclosed equity funding.
How many SaaS companies in Denmark are funded?
1 of the 137 SaaS companies in Denmark on this list have disclosed at least one equity funding round.
How many SaaS unicorns are there in Denmark?
None of the SaaS companies in Denmark on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Denmark SaaS companies?
The most active investors in Denmark SaaS companies on this list include a range of venture and angel investors.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

Coming soon