SaaS Companies in Cyprus

The Cyprus is home to 296 SaaS companies spanning a diverse range of software categories. The market is dominated by Ecosystem Service Providers, Trading Software, Outbound Marketing Services, which together represent the core of the Cyprus software ecosystem.

What distinguishes this market is its strong focus on Ecosystem Service Providers (20 companies), Trading Software (19 companies), and Outbound Marketing Services (12 companies). This concentration reflects the Cyprus’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 Cyprus

    Total SaaS Companies: 296

    Top Software Category: Ecosystem Service Providers with 20 companies (6.8% of market)

    Second Largest Category: Trading Software with 19 companies

    Third Largest Category: Outbound Marketing Services with 12 companies

    Enterprise Companies (Over 500 employees): 0 companies (0.0%)

    Mid-Size Companies (100-500 employees): 15 companies (5.1%)

    Small Companies (1-10 employees): 223 companies (75.3%)

    Dominant Company Size: 75.3% of companies have 1-10 employees, indicating a startup-heavy market

Top 50 SaaS Companies in Cyprus

Companies

CompanySoftware CategoryCompany LinkedInEmployee RangeWebsite Languages
PropellerAdsDigital Advertising Tech; Advertising Software; Marketing SoftwareLinkedIn100-500Chinese, English, Multilingual, Portuguese, Spanish
NETinfoFinancial Services SoftwareLinkedIn100-500English, French, German, Multilingual
MetaQuotesCustomer Service Software; IT Management Software; Finance Software; Trading Software; Software Financial Services; Software Hedge Fund; Software Document Management; Software Collaboration; Software Investment ManagementLinkedIn100-500Chinese, English, Russian
AimprosoftDevelopment Services Providers; IT Outsourcing Services; Marketplace AppsLinkedIn100-500English
LiveXPEducation SoftwareLinkedIn100-500
AdsterraDigital Advertising Tech; Advertising Software; Software Display Advertising; Software Ad ServerLinkedIn100-500English, Multilingual, Portuguese, Spanish
ednaMarketing Software; Artificial Intelligence; Communications; Customer Service SoftwareLinkedIn100-500English, Indonesian, Multilingual, Portuguese, Spanish
MellowHR Software; Finance; Operations Management; Software Contractor Management; Software Payment ProcessingLinkedIn100-500English, French, Multilingual, Russian, Spanish
YCLIENTSCollaboration & Productivity Software; Software Salon; Software Appointment SchedulingLinkedIn100-500Cyrillic, Russian
WebHotelier HLDGHospitality Software; Sales; Travel Software; Software Vacation Rental; Software Hotel Channel Management; Software Reservations; Software Hospitality Property ManagementLinkedIn100-500
VeliTechVertical Industry Software; Game Development Software; Development Services ProvidersLinkedIn100-500English
OmiliaConversational Intelligence Software; Artificial Intelligence; Customer Service SoftwareLinkedIn100-500French
NekkiVideo Software; Software Artificial Intelligence; Software AnimationLinkedIn100-500
TothemoonBlockchain SoftwareLinkedIn100-500
Solar StaffHR Software; Recruiting Software; Finance Software; Human Resources; Operations ManagementLinkedIn100-500
RichAdsDigital Advertising Tech; Advertising SoftwareLinkedIn51-100English, Russian
eBOS Technologies LtdRisk & Compliance Software; Compliance SoftwareLinkedIn51-100English
HotezaHospitality SoftwareLinkedIn51-100English, French, German, Multilingual
AdguardEndpoint Protection Software; System Utilities; Software Network SecurityLinkedIn51-100
Proxy-SellerConfidentiality Software; Network Management SoftwareLinkedIn51-100
InstoriesContent Marketing Software; Artificial Intelligence; Multimedia SoftwareLinkedIn51-100English
Cedar RoseData Privacy Software; Finance; Operations ManagementLinkedIn51-100English
BridgerPayPayment Software; Finance SoftwareLinkedIn51-100English
HypeAuditorSocial Media Marketing Software; Marketing PlatformsLinkedIn51-100Chinese, English, French, German, Japanese, Korean, Multilingual, Portuguese, Spanish
XM^ONLINEProcess Automation SoftwareLinkedIn11 to 50
SoundsnapStock Media Software; Multimedia SoftwareLinkedIn11 to 50English
Proto.ioDesign Software; Software Design Software; Application Development Software; IT Management Software; Software Prototyping; Software Wireframe; Software MobilityLinkedIn11 to 50English
INTRA Logisoft Labs Ltd.Distribution Software; Supply Chain Management Software; Software Logistics; Software Freight; Software ShippingLinkedIn11 to 50English, French, German, Multilingual
LingvanexLocalization Software; Artificial Intelligence Software; Software Translation Management; Software Speech RecognitionLinkedIn11 to 50
MoodbyDesign Software; MultimediaLinkedIn11 to 50English, French, German, Italian, Multilingual, Polish, Portuguese, Russian, Spanish, Ukrainian
DISPL.comMarketing Software; Artificial Intelligence; Marketing; Retail Management; Software Marketing Automation; Software Display AdvertisingLinkedIn11 to 50English, Spanish
Dynamic WorksFinancial Services SoftwareLinkedIn11 to 50English
AtlasERP Software; Marketing Software; Operations ManagementLinkedIn11 to 50Chinese
ADxADDigital Advertising Tech; Advertising SoftwareLinkedIn11 to 50English
Axiom ConsultingAccounting & Finance Software; Demand Generation Software; MarketingLinkedIn11 to 50English
ActivePlatformE-Commerce Software; Finance; IT Management; eCommerce Software; Software Cloud Management; Software Billing And ProvisioningLinkedIn11 to 50English
Powersoft Computer SolutionsPOS Software; Retail Management Software; Software Apparel ManagementLinkedIn11 to 50English, Greek
UpGatePayment Software; Finance; Software Financial Fraud Detection; Software Chargeback Management; Software Payment ProcessingLinkedIn11 to 50English
iSPIRALRisk & Compliance SoftwareLinkedIn11 to 50
Altegio Europe KftCollaboration & Productivity SoftwareLinkedIn11 to 50
DolphinMarketing Software; System Utilities; Software BrowserLinkedIn11 to 50English, French, German, Multilingual
DRPC.orgBlockchain Software; Blockchain PlatformsLinkedIn11 to 50English
Covery.aiWeb Security Software; IT SecurityLinkedIn11 to 50English, French, German, Multilingual
Finery MarketsBlockchain Software; Financial Services SoftwareLinkedIn11 to 50English
SpatialChatTeam Collaboration Software; Collaboration Software; Communications Software; Software Video Conferencing; Software Virtual EventLinkedIn11 to 50English
FROGOWeb Security Software; IT Security Software; eCommerce SoftwareLinkedIn11 to 50English
GarnaHR SoftwareLinkedIn11 to 50English
kwigaEducation SoftwareLinkedIn11 to 50English, French, German, Multilingual
MonetagDigital Advertising Tech; Marketing Software; Advertising Software; MarketingLinkedIn11 to 50English
myStylusArtificial Intelligence Software; Artificial IntelligenceLinkedIn11 to 50

Insights of the Top 50 Cyprus 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 Cyprus Split Into Software Categories

Companies

Software CategoryNumber of Companies% of Market
Ecosystem Service Providers206.8%
Trading Software196.4%
Outbound Marketing Services124.1%
Marketing Software72.4%
Digital Advertising Tech; Advertising Software51.7%
Crypto Tools51.7%
Advertising Software41.4%
Financial Services Software41.4%
Artificial Intelligence Software; Artificial Intelligence31.0%
Accounting & Finance Software31.0%
IT Management Software31.0%
HR Software31.0%
Document Management Software31.0%
Artificial Intelligence Software31.0%
Healthcare Software31.0%

The Cyprus SaaS market is dominated by Ecosystem Service Providers, accounting for 6.8% of all companies. Trading Software 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 Cyprus Based on Employee Count

Companies

Employee RangeNumber of Companies% of Total
1 to 1022375.3%
11 to 504916.6%
51-10093.0%
100-500155.1%
Over 50000.0%

Key Insights Regarding SaaS Businesses in Cyprus

Key Insights;

The Cyprus SaaS landscape presents significant opportunities for sales teams targeting technology companies. The market is characterized by a large startup ecosystem, with 75.3% of companies employing 1-10 people, indicating a highly dynamic and innovation-driven environment.

From a technical sophistication standpoint, Cyprus 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 Cyprus

Success in the Cyprus SaaS market requires understanding its unique characteristics. The largest target segment comprises small companies (1-10 employees) at 75.3% of the market, followed by growth-stage companies (11-50 employees) at 16.6%.

The most common technology categories include Ecosystem Service Providers, Trading Software, 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 Cyprus?

LinkedIn is the primary platform for identifying decision-makers at Cyprus 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 296 SaaS companies in Cyprus.

How big is the SaaS industry in Cyprus?

Cyprus hosts 296 SaaS companies across 193 software categories. The market includes 0 enterprise companies (500+ employees) and 15 mid-size companies (100-500 employees), making it one of the significant regional SaaS markets.

What is the top-performing SaaS category in Cyprus?

Ecosystem Service Providers leads the Cyprus SaaS market with 20 companies, representing 6.8% of the total market. This is followed by Trading Software (19 companies) and Outbound Marketing Services (12 companies).

What size companies dominate the Cyprus SaaS market?

The Cyprus SaaS market is predominantly composed of small companies: 75.3% have 1-10 employees and 16.6% 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 Cyprus?

Based on company specializations, the most common technologies include marketing automation, CRM systems, and cloud infrastructure. 3 companies specialize in Artificial Intelligence Software, 7 in Marketing Software, and 3 in HR Software, reflecting the market’s tech-forward orientation.

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