Announced today, the Q3-2017 Edition of the Cardin Partners 'SaaS Quick 25' list includes several companies leveraging trends in AI, next generation Marketing Automation, FinTech, and employee engagement and retention.
An SaaS M&A advisory boutique, Cardin systematically tracks the growth of over 25,000 SaaS companies, globally. We publish a limited subset of companies and data publicly as part of our SaaS10k list.
In conjunction with this, we also publish a quarterly report of the fastest growing identifiable SaaS sectors.
As a reminder, the criteria to be considered 'emerging growth' are as follows:
- Companies must end the quarter with a headcount between 20 and 100 employees;
- Must have been in our database since at least the prior quarter.
HIGHLIGHTS AND TRENDS
Several companies this quarter are representative of broader industry trends:
Artificial Intelligence:
Blueshift, delivering AI-powered marketing automation; Finn.ai, a white-label AI-powered virtual assistant to enhance mobile banking customer engagement; and Fiind, with a platform to decipher buying intent from myriad and distributed behavioral cues.
Marketing Automation and Customer Acquisition:
The Google shopping SEM optimization company Sales & Orders is growing fast, as are several others in this segment, including the B2C full customer lifecycle automation platform Exponea. Tagove is advancing the customer success space with a platform for live, interactive, just-in-time customer assistance to increase adoption in the self-serve SaaS domain. Iterable have found success with their omnichannel B2C marketing automation platform, and Sendwithus, a local Victoria BC based company, are taking email marketing to the next level with integrations with leaders like SendGrid, SparkPost, and mailjet. They also integrate with Mailgun, offering high volume assured mail delivery with a developer-friendly API. Appropriately, Mailgun themselves cracked the list this quarter.
FinTech:
Capitalizing on the cryptocurrency updraft, Cryptopay are bridging the gap between Bitcoin and fiat currency with a smart wallet, seamlessly integrated with a pre-paid card product for on-line and in-store purchases. Cloud insurance platform Instanda are growing fast with their platform for the rapid online deployment of new and innovative insurance products, and Total Expert are in market with an enterprise-grade mortgage marketing and automation platform, enabling banks and mortgage companies.
Please see below for the complete list. If you are a buy-side group interested in access to the underlying growth data, or further SaaS10k list data, please contact us (below).
| Company | Primary Sector | Employees Estimate | Country | Year Founded | Description | Institutional Backing |
|---|---|---|---|---|---|---|
| Taplytics | Development Tools | 24 | Canada | 2011 | A/B testing platform for native mobile apps | Yes |
| Blueshift Labs | Marketing Automation | 46 | United States | 2014 | AI-powered marketing automation | Yes |
| Sales & Orders | eCommerce & Retail | 27 | United States | 2013 | Google Shopping SEM optimization | No |
| Finn.ai | FinTech | 35 | Canada | 2014 | Virtual assistant for mobile banking | Yes |
| vrsus | Legal Management Software | 20 | United States | 2008 | Digital case management platform | No |
| Exponea | Marketing Automation | 98 | Slovakia | 2016 | B2C full customer lifecycle automation platform | Yes |
| CryptoPay | FinTech | 26 | United Kingdom | 2013 | Bitcoin wallet & prepaid cards | Yes |
| Hotech | Hospitality | 25 | Turkey | 1999 | Hotel & hospitality technology provider | No |
| Tagove | Contact Center & Customer Support | 20 | United States | 2015 | Live chat software platform | Yes |
| ITONICS | Collaboration | 56 | Germany | 2009 | Enterprise Innovation Management software | No |
| Empyr | eCommerce & Retail | 48 | United States | 2010 | Online to Offline (O2O) Commerce platform | Yes |
| Peakon | Human Resources | 71 | Denmark | 2015 | People Analytics & Employee Engagement software | Yes |
| Instanda | Insurance | 26 | United Kingdom | 2012 | Cloud insurance platform | Yes |
| Fountain | Human Resources | 23 | United States | 2014 | Hiring platform for hourly workers | Yes |
| Iterable | Marketing Automation | 79 | United States | 2013 | Omnichannel B2C marketing automation platform | Yes |
| 7shifts | Human Resources | 57 | Canada | 2013 | Restaurant Scheduling software | Yes |
| sendwithus | Marketing Automation | 27 | Canada | 2012 | Advanced email content management platform | Yes |
| Optibus | Public Sector & Works | 34 | Israel | 2011 | Public Transportation Optimization software | Yes |
| Envisio Solutions | Human Resources | 24 | Canada | 2012 | Strategy Implementation, Performance Management and Reporting software | No |
| E-ISG Asset Intelligence | Fixed Asset Management | 24 | United States | 2003 | Enterprise Asset Management platform | No |
| BoardPAC | Governance, Risk & Compliance | 24 | Sri Lanka | 2006 | Board Management software | No |
| Fiind | Marketing Intelligence & Analytics | 31 | United States | 2014 | Artificial Intelligence for Sales & Marketing | No |
| Total Expert | Real Estate | 80 | United States | 2012 | Enterprise-grade mortgage marketing & automation platform | Yes |
| Mailgun | Marketing Automation | 42 | United States | 2010 | Transactional email API service for developers | Yes |
| Initiafy | Human Resources | 28 | Ireland | 2012 | Contractor management software platform | Yes |