About SaaS sector in Germany
The SaaS sector in Germany comprises 15.3K companies, including 2.22K funded companies having collectively raised $27.7B in venture capital money and private equity. Out of these, 1.8K are Series A+ funded, and 10 have achieved unicorn status.
SaaS sector in Germany has seen 642 acquisitions and 803 IPOs. This represents almost 9.5% of all such companies - which is higher than the 4.5% exit rate of tech companies in general.
This sector includes companies providing cloud-based, multi-tenant and subscription or on-demand B2B software applications.
SaaS sector is also known as SaaS Solutions, Advanced SaaS or Digital SaaS.
All B2B software that offers cloud-based, multi-tenant solutions for business functions like Marketing, HR, Sales, Business Intelligence, etc are included in this sector. 1. All On-premise B2B software are excluded. 2. All companies that do not offer their own proprietary software are excluded. 3. Services and Consulting firms are also excluded. 4. Resellers are also excluded.
Top SaaS Companies in Germany
There are 15,287 SaaS startups in Germany which include SAP, AMBOSS, YouGov, DeepL, Adjust. Out of these, 2,222 startups are funded, with 1,796 having secured Series A+ funding, and 10 achieving unicorn status.
2026 has seen the creation of 625 SaaS startups in Germany. Over the past 10 years, an average of 555 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Technical University of Munich, London School of Economics and Political Science and University of Oxford.
Here is the list of top SaaS startups in Germany
1. SAP
Provider of business applications, technology, and cloud enterprise resource planning. It offers a suite of solutions for financial, spend, and supply chain management. The company provides human capital and customer experience management tools. It delivers a business technology platform and transformation management software. The company offers sustainability and business network solutions.
Key facts about SAP
- Founded Year: 1972
- Location: Germany
- Stage: Public
- Investors: Elliott Management, Herald Investment Management and 11 Others
- Latest Funding Round: Grant (prize money), Nov 01, 2022, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 3 of 4,374 Competitors
2. AMBOSS
Provider of medical knowledge platforms and clinical decision support tools. These digital resources offer interactive libraries and question banks for medical education and exam preparation. The technology integrates into clinical workflows to assist healthcare professionals with evidence-based recommendations and diagnostic guidance. The system provides access to medical content and reference materials for use in educational and clinical settings.
Key facts about AMBOSS
- Founded Year: 2012
- Location: Berlin (Germany)
- Stage: Series C
- Total Funding till date: $292M
- Investors: Partech Partners, Cherry Ventures and 11 Others
- Latest Funding Round: Series C, Mar 25, 2025, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 1 of 1,737 Competitors
3. YouGov
Provider of market research and data analytics services for businesses. It offers audience intelligence solutions to build customer profiles using panel member data. The company conducts surveys for clients, ensuring methodological standards for reliability and validity. It uses active sampling for representative research, focusing on sample quality. The company recruits panelists from various sources and applies statistical weighting.
Key facts about YouGov
- Founded Year: 2000
- Location: Germany
- Stage: Public
- Investors: Herald Investment Management, CDS and 1 Other
- Latest Funding Round: Post IPO, Jul 07, 2023, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 1 of 3 Competitors
4. DeepL
AI, SaaS, and neural network-based machine translation tools. It allows users to enter their source text for translating the same. Its users can click on a term in the source text for suggestions from the dictionary and a term in the translated text brings up alternative translations that the user can select to insert the same. It has also developed an API that allows other computer programs to send texts to the servers and receive high-quality translations.
Key facts about DeepL
- Founded Year: 2017
- Location: Cologne (Germany)
- Stage: Series C
- Total Funding till date: $415M
- Investors: IVP, Bessemer Venture Partners and 19 Others
- Latest Funding Round: Series C, May 22, 2024, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 1 of 84 Competitors
5. Adjust
Cloud-based mobile marketing software solution provider. It provides an open-source SDK that enables app developers to track and analyze things like user acquisition, feature releases, and user lifetime cohorts. Also enables the tracking of interactions in the app in real-time to see how users engage over their full lifetime. Clients include some of the world's largest brands such as Baidu, Deutsche Telekom, Universal Music, Spotify, and Viacom.
Key facts about Adjust
- Founded Year: 2012
- Location: Berlin (Germany)
- Stage: Acquired
- Total Funding till date: $256M
- Investors: Highland Europe, IRIS and 15 Others
- Latest Funding Round: Series F, Jun 12, 2019, $*****
- Tracxn Score: 73/100 What is this?
- Competitors Rank: 2 of 432 Competitors
Companies founded year-on-year in the SaaS sector in Germany
625 new startups have been founded so far in 2026 in the SaaS sector in Germany. 949 SaaS startups in Germany were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 625 |
2025 | 256 |
2024 | 366 |
2023 | 463 |
2022 | 420 |
2021 | 674 |
2020 | 949 |
2019 | 683 |
2018 | 606 |
2017 | 513 |
Stage-wise distribution of SaaS sector companies in Germany
Out of the total 15,287 SaaS companies in Germany, 2,222 have secured funding. Among them, 1,796 have reached Series A or higher, and 1,580 to Series B or beyond.
Founded - 15,287
Funded - 2,222
Series A+ - 1,796
Series B+ - 1,580
Series C+ - 1,510
Company Stage | No. of companies |
|---|---|
Founded | 15,287 |
Funded | 2,222 |
Series A+ | 1,796 |
Series B+ | 1,580 |
Series C+ | 1,510 |
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Funding Trends in the SaaS sector in Germany
Total funding year-on-year in the SaaS sector in Germany
The SaaS sector in Germany saw a total funding of more than $26B in the last 10 years. The most amount of funding was in 2021 at more than $4.93B. There has been a total funding of $4.61B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $4.61B |
2025 | $2.37B |
2024 | $2B |
2023 | $2.57B |
2022 | $3.62B |
2021 | $4.93B |
2020 | $1.46B |
2019 | $2.93B |
2018 | $1.02B |
2017 | $497M |
Recent Funding Rounds in SaaS in Germany
In the year 2026, till July 2026, SaaS companies in Germany have raised $3.27B in equity funding across 93 rounds.
In the same period last year (i.e. till July 2025), SaaS companies in Germany had raised $1.66B across 104 rounds.
So, 2026 has seen a 97.34% rise in funding in SaaS companies in Germany as compared to 2025.
Here are some recent, important funding rounds in SaaS companies in Germany:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 4632 | Jul 29, 2026 | ||
Seed | 2049 | Jul 28, 2026 | - | |
Seed | 9556 | Jul 28, 2026 | ||
Series A | 8096 | Jul 22, 2026 | ||
Series B | 8769 | Jul 17, 2026 |
Top Investors in SaaS in Germany
Plug and Play Tech Center is the top investor in SaaS companies in Germany based on number of companies invested.
Here are some top investors in SaaS companies in Germany:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | ||
Menlo Park (United States) | ||
Cambridge (United States) | ||
Menlo Park (United States) | ||
Bonn (Germany) |
M&A activity in SaaS sector in Germany
In the year 2026, till July 2026, 35 acquisitions happened in SaaS sector in Germany. Last year, in 2025, a total of 60 acquisitions happened in SaaS sector in Germany.
Here are some recent, important acquisitions in SaaS sector in Germany:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jul 14, 2026 | - | |
Business Acquisition | Jul 09, 2026 | ||
Business Acquisition | Jul 09, 2026 | ||
Business Acquisition | Jun 11, 2026 | ||
Business Acquisition | Jun 10, 2026 |
Acquisition trends in SaaS sector in Germany
Here are the acquisition trends in SaaS sector in Germany:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 35 |
2025 | 60 |
2024 | 64 |
2023 | 83 |
2022 | 89 |
2021 | 79 |
2020 | 48 |
2019 | 47 |
2018 | 31 |
2017 | 31 |
IPOs in SaaS in Germany
In the year 2023, till December 2023, 1 IPO happened in SaaS sector in Germany.
Here are some recent, important IPOs in SaaS sector in Germany:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 01, 2023 | Euronext Exchange (Euronext) | |
Oct 18, 2022 | OTC Markets (OTCMKTS) | |
Jun 11, 2021 | Toronto Stock Exchange (TSX) | |
May 19, 2021 | Frankfurt Stock Exchange (FRA) | |
Oct 23, 2020 | London Stock Exchange (LSE) |
Colleges which produce the most SaaS companies in Germany
Companies founded by alumni from top colleges in the SaaS in Germany
Most number of SaaS startups in Germany have been founded by alumni from Technical University of Munich, London School of Economics and Political Science and University of Oxford.
College | No. of companies |
|---|---|
Technical University of Munich | 50 |
London School of Economics and Political Science | 19 |
University of Oxford | 18 |
HEC Paris | 13 |
Harvard University | 11 |
Imperial College London | 11 |
University of Cambridge | 11 |
Massachusetts Institute of Technology | 10 |
Stanford University | 10 |
University College London | 10 |
Total funding in SaaS companies founded by alumni from top colleges in Germany
In the last 10 years, Stanford University graduates' SaaS companies in Germany have raised the most funding among top colleges. IIT Delhi alumni are second, and Technical University of Munich alumni are third.
College | Total Funding |
|---|---|
Stanford University | $1.52B |
IIT Delhi | $1.36B |
Technical University of Munich | $1.08B |
Technion Israel Institute Technology | $711M |
London School of Economics and Political Science | $544M |
University of Cambridge | $318M |
Frankfurt School of Finance & Management | $291M |
HEC Paris | $222M |
Harvard University | $195M |
Universidad Politécnica de Madrid | $189M |
Top News in SaaS in Germany
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ServiceNow and TeamViewer Forge Strategic Partnership to Enhance AI-Driven Enterprise IT ManagementStartup Rise EU•Jul 23, 2026•TeamViewer, ServiceNow, NinjaOne
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Low Carbon taps Entrix to optimise 8.8-MW BESS in PolandRenewables Now•Jul 16, 2026•Low Carbon, Entrix
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commercetools Launches Modular Commerce Offerings for Enterprise ModernizationPR Newswire•Jul 15, 2026•Commercetools
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