About Vertical SaaS sector in Western Europe
The Vertical SaaS sector in Western Europe comprises 28.5K companies, including 6.33K funded companies having collectively raised $71.9B in venture capital money and private equity. Out of these, 3.54K are Series A+ funded, and 39 have achieved unicorn status.
Vertical SaaS sector in Western Europe has seen 2.01K acquisitions and 418 IPOs. This represents almost 8.5% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
Top Vertical SaaS Companies in Western Europe
There are more than 28.5K companies in Vertical SaaS in Western Europe. Remote is the top Vertical SaaS company in Western Europe, ranked using Tracxn Score (what's this?).
Here are 5 of the top Vertical SaaS companies in Western Europe:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Cloud-based HR software for distributed teams | Amsterdam (Netherlands) | 2019 | Series C | $506M | |
Work tech company offering meal and gift vouchers for employees | Paris (France) | 2016 | Series D | $328M | |
Cloud-based HRMS platform for SMBs | Munich (Germany) | 2015 | Series E | $772M | |
Provider of unified platform for retail and supply chain planning | Helsinki (Finland) | 2005 | Series D | $816M | |
Cloud-based platform for on-demand staffing | Madrid (Spain) | 2008 | Series F | $1B |
Companies founded year-on-year in the Vertical SaaS sector in Western Europe
2,244 Vertical SaaS startups in Western Europe 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 | - |
2025 | 172 |
2024 | 432 |
2023 | 903 |
2022 | 1,029 |
2021 | 1,564 |
2020 | 2,244 |
2019 | 1,870 |
2018 | 1,696 |
2017 | 1,627 |
Stage-wise distribution of Vertical SaaS sector companies in Western Europe
Out of the total 28,542 Vertical SaaS companies in Western Europe, 6,333 have secured funding. Among them, 3,540 have reached Series A or higher, and 2,848 to Series B or beyond.
Founded - 28,542
Funded - 6,333
Series A+ - 3,540
Series B+ - 2,848
Series C+ - 2,600
Company Stage | No. of companies |
|---|---|
Founded | 28,542 |
Funded | 6,333 |
Series A+ | 3,540 |
Series B+ | 2,848 |
Series C+ | 2,600 |
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Funding Trends in the Vertical SaaS sector in Western Europe
Total funding year-on-year in the Vertical SaaS sector in Western Europe
The Vertical SaaS sector in Western Europe saw a total funding of more than $65.8B in the last 10 years. The most amount of funding was in 2021 at more than $13.1B. There has been a total funding of $12.7M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $12.7M |
2025 | $5.33B |
2024 | $5.64B |
2023 | $10.9B |
2022 | $12.1B |
2021 | $13.1B |
2020 | $7.87B |
2019 | $5.38B |
2018 | $2.85B |
2017 | $2.55B |
Recent Funding Rounds in Vertical SaaS in Western Europe
In the year 2026, till January 2026, Vertical SaaS companies in Western Europe have raised $12.7M in equity funding across 2 rounds.
In the same period last year (i.e. till January 2025), Vertical SaaS companies in Western Europe had raised $349M across 28 rounds.
So, 2026 has seen a 96.37% drop in funding in Vertical SaaS companies in Western Europe as compared to 2025.
Here are some recent, important funding rounds in Vertical SaaS companies in Western Europe:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 6578 | Jan 07, 2026 | and 3 more | |
Series A | 2513 | Jan 07, 2026 | ||
Series C | 6161 | Dec 24, 2025 | - | |
Series C | 2508 | Dec 22, 2025 | ||
Series C | 2557 | Dec 18, 2025 | - |
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Top Investors in Vertical SaaS in Western Europe
Europa is the top investor in Vertical SaaS companies in Western Europe based on number of companies invested.
Here are some top investors in Vertical SaaS companies in Western Europe:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | ||
Palo Alto (United States) | ||
Redwood City (United States) | ||
Brussels (Belgium) |
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M&A activity in Vertical SaaS sector in Western Europe
In the year 2026, till January 2026, 5 acquisitions happened in Vertical SaaS sector in Western Europe. Last year, in 2025, a total of 196 acquisitions happened in Vertical SaaS sector in Western Europe.
Here are some recent, important acquisitions in Vertical SaaS sector in Western Europe:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jan 08, 2026 | ||
Business Acquisition | Jan 07, 2026 | ||
Business Acquisition | Jan 07, 2026 | ||
Business Acquisition | Jan 06, 2026 | ||
Business Acquisition | Jan 06, 2026 |
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Acquisition trends in Vertical SaaS sector in Western Europe
Here are the acquisition trends in Vertical SaaS sector in Western Europe:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 5 |
2025 | 196 |
2024 | 230 |
2023 | 202 |
2022 | 265 |
2021 | 261 |
2020 | 194 |
2019 | 145 |
2018 | 118 |
2017 | 134 |
IPOs in Vertical SaaS in Western Europe
In the year 2025, till April 2025, 3 IPOs happened in Vertical SaaS sector in Western Europe.
Here are some recent, important IPOs in Vertical SaaS sector in Western Europe:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 23, 2025 | Nordic Growth Market (NGM) | |
Mar 21, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Jan 22, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Apr 23, 2024 | Stockholm Stock Exchange (STO) | |
Dec 17, 2021 | National Stock Exchange (NSE), Bombay Stock Exchange (BSE) |
Colleges which produce the most Vertical SaaS companies in Western Europe
Companies founded by alumni from top colleges in the Vertical SaaS in Western Europe
Most number of Vertical SaaS startups in Western Europe have been founded by alumni from University of Cambridge, University of Oxford and Imperial College London.
College | No. of companies |
|---|---|
University of Cambridge | 149 |
University of Oxford | 131 |
Imperial College London | 83 |
University College London | 67 |
HEC Paris | 66 |
London School of Economics and Political Science | 59 |
INSEAD | 53 |
London Business School (LBS) | 41 |
Harvard University | 38 |
University of Manchester | 36 |
Total funding in Vertical SaaS companies founded by alumni from top colleges in Western Europe
In the last 10 years, University of Cambridge graduates' Vertical SaaS companies in Western Europe have raised the most funding among top colleges. Imperial College London alumni are second, and University of Oxford alumni are third.
College | Total Funding |
|---|---|
University of Cambridge | $3.42B |
Imperial College London | $2.01B |
University of Oxford | $1.74B |
HEC Paris | $1.71B |
University College London | $1.61B |
London School of Economics and Political Science | $1.55B |
INSEAD | $1.24B |
Aalto University | $1B |
University of Edinburgh | $959M |
Technical University of Munich | $928M |
Top News in Vertical SaaS in Western Europe
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EcoVadis Sustainability Assessment Now a Key Search Criterion on Amazon Business StoresBusiness Wire•Jan 07, 2026•EcoVadis
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Cloudfy Launches Enterprise v5: Modular, API-First, AI-Driven B2B CommerceAiThority•Jan 07, 2026•Cloudfy
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Credas Tests First Wallet for Property Compliance,Partners DezrezBiometricUpdate.com•Jan 06, 2026•Credas
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HERE Technologies and Hyundai AutoEver Expand Online Navigation PartnershipKorea Newswire•Jan 06, 2026•HERE, HAEA, HYUNDAI AutoEver
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Egyptian AI-powered customer experience startup Tactful AI partners with ValuDisruptafrica•Jan 05, 2026•Tactful Technologies
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HERE Technologies retains #1 ranking in Omdia’s 2025 Location Platform IndexGlobeNewswire•Jan 02, 2026•HERE
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Preqin forecasts US$32 trillion AUM for private markets by 2030The Business Times•Dec 30, 2025•Preqin
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Dublin Regtech Fenergo Reports Steady YoY Business Growth;Advances AI-enabled capabilities across CLM and TMCrowdfund Insider•Dec 24, 2025•Fenergo
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