Cardin Partners

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Cardin Partners Announces Q4 2017 Edition of the 'SaaS Quick 25'

Announced today, the Q4-2017 Edition of the Cardin Partners 'SaaS Quick 25' list includes several companies leveraging trends in next -generation Marketing Automation, FinTech / lease management, employee recruiting / engagement / retention (HCM), eProcurement, and hospitality / PMS.

Remarkably, two companies have cracked the list for the second consecutive quarter: mobile banking AI provider Finn.ai, and UK-based insurance platform provider Instanda.

A SaaS M&A advisory boutique, Cardin systematically tracks the growth of over 25,000 SaaS companies, globally, as the backbone of our content marketing. 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:

Human Capital Management:

A handful of companies spanning the HCM hiring and retention stack made the list, this quarter. WeSpire offers a platform that enables employee engagement by connecting employees to purpose-driven initiatives. In the employee feedback domain, Atiim are in-market with an OKR-based employee objective setting and feedback platform. Moving further up the stack, BrightMove have a recruiter-focused innovative pay-as-you-post ATS, which does not require a standing monthly subscription.

Marketing Automation and Customer Acquisition:

ScheduleOnce are an Israeli start-up helping to overcome the often-crippling barrier of getting a funnel prospect to a booked first call or demo. Further up the funnel, and in the domain of eCommerce, Privy provide a platform to ensure that customer visits convert to captured leads. In the related domain of AdTech, Needls. are solving the problem of managing social media advertising by taking the pain and complexity away with their fully automated platform.

FinTech:

A couple of firms specializing in enterprise lease management cracked the list this quarter. Visual Lease offer a solution integrated with over 50 GL/ERP platforms. Also on the list this quarter are LeaseQuery, sporting full FASB 842 and IFRS 16 compliance.

eProcurement:

ESM Solutions are growing fast with a spend management platform serving Higher Ed, K-12, and the NFP sector. Precoro are in market with a broader enterprise targeted platform, which spans PO creation through invoice and packing slip for full 3-way record matching. 

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.

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