SaaS Companies in Armenia

The Armenia is home to 87 SaaS companies spanning a diverse range of software categories. The market is dominated by Development Services Providers, Inbound Marketing Services, Outbound Marketing Services, which together represent the core of the Armenia software ecosystem.

What distinguishes this market is its strong focus on Development Services Providers (20 companies), Inbound Marketing Services (5 companies), and Outbound Marketing Services (5 companies). This concentration reflects the Armenia’s position as a global technology leader and its robust digital infrastructure.

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Summary and Key Data Points for SaaS Companies in Armenia

    Total SaaS Companies: 87

    Top Software Category: Development Services Providers with 20 companies (23.0% of market)

    Second Largest Category: Inbound Marketing Services with 5 companies

    Third Largest Category: Outbound Marketing Services with 5 companies

    Enterprise Companies (Over 500 employees): 1 companies (1.1%)

    Mid-Size Companies (100-500 employees): 4 companies (4.6%)

    Small Companies (1-10 employees): 75 companies (86.2%)

    Dominant Company Size: 86.2% of companies have 1-10 employees, indicating a startup-heavy market

Top 50 SaaS Companies in Armenia

Companies

CompanySoftware CategoryCompany LinkedInEmployee RangeWebsite Languages
Vardges VardanyanFitness Software; Vertical Industry SoftwareLinkedInOver 500Chinese, English, Multilingual, Russian, Spanish, Turkish
staff.amHR Software; Software Job BoardLinkedIn100-500English, Russian
nopCommerceE-Commerce Software; eCommerce SoftwareLinkedIn100-500English, French, German, Multilingual
Armenian SoftwareSales ToolsLinkedIn100-500Armenian
ECOSBlockchain SoftwareLinkedIn100-500English, French, German, Multilingual, Russian, Spanish
SmartClickDeep Learning SoftwareLinkedIn51-100English
Smart ProductionHospitality Software; Retail ManagementLinkedIn11 to 50
EarlyoneCustomer Service SoftwareLinkedIn11 to 50English
SARD Anti-CheatGame Development SoftwareLinkedIn11 to 50English
Raiser GlobalHR SoftwareLinkedIn11 to 50
MediaLooksCollaboration & Productivity Software; Application Development Software; Marketing; Multimedia Software; Software Digital SignageLinkedIn11 to 50English, French, German, Multilingual
Spark.workHR Software; Human Resources; Project Management SoftwareLinkedIn11 to 50English
ApargDevelopment Services ProvidersLinkedIn1 to 10English
PreezmaDevelopment Services ProvidersLinkedIn1 to 10
Evristy LTDDevelopment Services ProvidersLinkedIn1 to 10English
Mantis EVNDevelopment Services ProvidersLinkedIn1 to 10English, French, German, Multilingual
Quality WolvesDevelopment Services ProvidersLinkedIn1 to 10English
Lucky CarrotHuman Resources; Software Employee Engagement; Software Employee RecognitionLinkedIn1 to 10English
Loopex DigitalInbound Marketing ServicesLinkedIn1 to 10English
LeadonanceEcosystem Service Providers; Marketing Services ProvidersLinkedIn1 to 10English
V-MobileDevelopment Services ProvidersLinkedIn1 to 10
IncredoInbound Marketing Services; Outbound Marketing ServicesLinkedIn1 to 10English
GS media GroupAdvertising Software; Business Intelligence SoftwareLinkedIn1 to 10
Fifth-LLCDevelopment Services ProvidersLinkedIn1 to 10English
DMS – Digital Marketing ServicesOutbound Marketing ServicesLinkedIn1 to 10
DigitecOutbound Marketing ServicesLinkedIn1 to 10English
Deep | Marketing . BrandingOutbound Marketing ServicesLinkedIn1 to 10
eSwapCommerce Software; eCommerce SoftwareLinkedIn1 to 10
2people ITDevelopment Services ProvidersLinkedIn1 to 10Cyrillic, Russian
AchigoOutbound Marketing ServicesLinkedIn1 to 10
RooqetBusiness Services Providers; Marketing Services ProvidersLinkedIn1 to 10
Cupcake DevelopmentDevelopment Services ProvidersLinkedIn1 to 10English
GrowthulaInbound Marketing ServicesLinkedIn1 to 10
AppboosterOutbound Marketing Services; Software Competitive IntelligenceLinkedIn1 to 10Cyrillic, English, Russian
AraqichAccounting & Finance Software; Operations Management SoftwareLinkedIn1 to 10
AYS ProCollaboration & Productivity SoftwareLinkedIn1 to 10English
CodeexDevelopment Services ProvidersLinkedIn1 to 10English
CreatixDevelopment Services ProvidersLinkedIn1 to 10English
DONOS AMEcosystem Service ProvidersLinkedIn1 to 10English
FraudneticWeb Security Software; IT Security Software; Software Financial Fraud DetectionLinkedIn1 to 10English, French, German, Multilingual
Why SEO SeriousInbound Marketing ServicesLinkedIn1 to 10English
Go PeakInbound Marketing ServicesLinkedIn1 to 10English
GroksmithDevelopment Services ProvidersLinkedIn1 to 10English
Web Solar CloudCAD Software; Engineering Software; Software 3D CadLinkedIn1 to 10Chinese, English, Finnish, French, German, Multilingual, Spanish
NOORLOGICDevelopment Services ProvidersLinkedIn1 to 10
OptimyzeeArtificial Intelligence Software; Software Ad ServerLinkedIn1 to 10English
Popup BuilderMarketing Software; MarketingLinkedIn1 to 10
RobiArtificial Intelligence Software; Generative AI Software; Artificial IntelligenceLinkedIn1 to 10English
SceytCustomer Service Software; Development Software; Marketing Software; Application Development Software; Communications SoftwareLinkedIn1 to 10English
Sellesta.comE-Commerce Software; eCommerce SoftwareLinkedIn1 to 10

Insights of the Top 50 Armenia SaaS Companies

  • All top 50 companies are enterprise-level with Over 500 employees
  • Healthcare and Health Care Software is heavily represented in the top tier
  • HR Software and Human Resources solutions show strong market presence
  • Financial Services and Accounting Software companies are well-established
  • English is the dominant language, with multilingual support increasingly common

SaaS Companies in Armenia Split Into Software Categories

Companies

Software CategoryNumber of Companies% of Market
Development Services Providers2023.0%
Inbound Marketing Services55.7%
Outbound Marketing Services55.7%
Artificial Intelligence Software33.4%
E-Commerce Software; eCommerce Software22.3%
System Utilities22.3%
Customer Service Software22.3%
Human Resources; Software Employee Engagement; Software Employee Recognition11.1%
Ecosystem Service Providers; Marketing Services Providers11.1%
Inbound Marketing Services; Outbound Marketing Services11.1%
Advertising Software; Business Intelligence Software11.1%
Commerce Software; eCommerce Software11.1%
Business Services Providers; Marketing Services Providers11.1%
Outbound Marketing Services; Software Competitive Intelligence11.1%
Accounting & Finance Software; Operations Management Software11.1%

The Armenia SaaS market is dominated by Development Services Providers, accounting for 23.0% of all companies. Inbound Marketing Services and Outbound Marketing Services follow closely, reflecting the market’s emphasis on digital marketing, professional services, and technology innovation. Categories with lower representation include specialized vertical solutions, indicating opportunities for niche market expansion.

Number of SaaS Companies in Armenia Based on Employee Count

Companies

Employee RangeNumber of Companies% of Total
1 to 107586.2%
11 to 5066.9%
51-10011.1%
100-50044.6%
Over 50011.1%

Key Insights Regarding SaaS Businesses in Armenia

Key Insights;

The Armenia SaaS landscape presents significant opportunities for sales teams targeting technology companies. The market is characterized by a large startup ecosystem, with 86.2% of companies employing 1-10 people, indicating a highly dynamic and innovation-driven environment.

From a technical sophistication standpoint, Armenia SaaS companies tend to be early adopters of emerging technologies. The strong presence of Artificial Intelligence Software (3 companies) demonstrates the market’s focus on cutting-edge solutions. Development Services Providers and Ecosystem Service Providers dominate, suggesting a mature market with established infrastructure.

Key target segments for B2B sales include Marketing Software companies, HR Software providers, and Health Care Software vendors. These categories represent substantial market share and typically have higher technology adoption rates. Decision-makers in these companies are often accessible via LinkedIn, making social selling an effective approach.

Summary: How to Succeed in Selling to SaaS Companies in Armenia

Success in the Armenia SaaS market requires understanding its unique characteristics. The largest target segment comprises small companies (1-10 employees) at 86.2% of the market, followed by growth-stage companies (11-50 employees) at 6.9%.

The most common technology categories include Development Services Providers, Inbound Marketing Services, and Outbound Marketing Services. Understanding these verticals and their specific pain points will enhance sales effectiveness. Regional hubs vary, but major metropolitan areas typically concentrate technology companies.

English-language sales materials are essential, as the majority of companies operate primarily in English. Multi-touch outreach strategies combining email, LinkedIn, and phone work best for reaching decision-makers in this market.

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Frequently Asked Questions

How can I find contact information for decision-makers at SaaS companies in Armenia?

LinkedIn is the primary platform for identifying decision-makers at Armenia SaaS companies. Company profiles often list key executives and their roles. Professional B2B databases like Clevenio provide verified contact information including email addresses and phone numbers for key decision-makers across 87 SaaS companies in Armenia.

How big is the SaaS industry in Armenia?

Armenia hosts 87 SaaS companies across 55 software categories. The market includes 1 enterprise companies (500+ employees) and 4 mid-size companies (100-500 employees), making it one of the significant regional SaaS markets.

What is the top-performing SaaS category in Armenia?

Development Services Providers leads the Armenia SaaS market with 20 companies, representing 23.0% of the total market. This is followed by Inbound Marketing Services (5 companies) and Outbound Marketing Services (5 companies).

What size companies dominate the Armenia SaaS market?

The Armenia SaaS market is predominantly composed of small companies: 86.2% have 1-10 employees and 6.9% have 11-50 employees. This startup-heavy composition indicates a dynamic, innovation-driven market with significant growth potential.

What technologies are most commonly used by SaaS companies in Armenia?

Based on company specializations, the most common technologies include marketing automation, CRM systems, and cloud infrastructure. 3 companies specialize in Artificial Intelligence Software, 0 in Marketing Software, and 1 in HR Software, reflecting the market’s tech-forward orientation.