Software-as-a-Service (SaaS) is part of cloud computing and means the use of software and IT infrastructure for a fee via an external IT service provider. Many startups in Germany are now based on SaaS models and serve a growing market. SaaS offers users efficiency and cost advantages. Here are the three largest German SaaS startups. As the largest SaaS startups, we define the best-funded startups according to our editorial selection. This article is based on the unique List of the 200 fastest growing startups in Germany.
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1. Celonis SE (Munich): Process SaaS for Business
“Mining” is a word from mining and means “digging”. Mining knowledge hidden in processes – process mining – is what the Munich-based company Celonis is all about. For this purpose, the company has developed a software offered as a SaaS solution. It can capture real company processes, create a digital image of these processes and perform “knowledge mining” analyses on this basis. Celonis was founded in 2011 and is based in Munich and New York. Over 100 million US dollars in annual revenue and more than 750 employees stand for a successful business.
2. Personio GmbH (Munich): HR SaaS
In 2015, Munich-based startup Personio set out to digitize human resources (HR) management in companies. Today, Personio employs 600 people. The digital mapping of HR processes enables more efficient workflows in corporate HR. The software developed by Personio is comprehensive and covers all HR processes from recruiting to personnel administration to payroll accounting. HR-Saas by Personio is primarily aimed at small and medium-sized companies with up to 2000 employees. Already more than 3,000 companies in 80 countries worldwide have been convinced by this offer.
3. Adjust GmbH (Berlin): Mobile Analytics SaaS
The software of the Berlin-based startup Adjust is already used by more than 30,000 apps and the number is growing every day. It analyzes user behavior with apps in a similar way as cookies do with websites. The information gained in this way provides app providers with important information for their marketing and target group processing. No wonder such “added value” is in demand. It has given the Adjust business a powerful boost. With now more than 350 employees and offices in New York, Paris and Moscow, among others, the company has by no means reached the end of its growth.
4. Signavio GmbH (Berlin): Business Process SaaS
In 2009, the startup Signavio was founded by students of the Hasso Plattner Institute in Potsdam. The word “Signavio” is Italian and means “signpost” in German. Indeed, the software developed by the company wants to be groundbreaking. As a professional process, decision and workflow management system, Signavio’s Business Process Manager shows central paths and directions within an organization. Thus, business processes can be designed much more efficiently. Today, Signavio has more than 300 employees and is also represented in Switzerland, France, Great Britain and Australia.
5. Mambu GmbH (Berlin): Banking SaaS
Unlike fintechs that advertise loudly in the market, only insiders know about Berlin-based fintech startup Mambu. Yet it is by all means a heavyweight. The low profile is explained by the business model. Mambu offers its customers (other fintechs and banks) the services of a core banking system. Such systems are essential for account management and processing banking transactions. Originally focused only on microfinance, Mambu can now also do savings accounts and payments. The business is international and growing dynamically. Around 500 employees work at Mambu.
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