SaaS Companies in Iceland

The Iceland is home to 66 SaaS companies spanning a diverse range of software categories. The market is dominated by Ecosystem Service Providers, Travel Arrangement Software, Development Services Providers, which together represent the core of the Iceland software ecosystem.

What distinguishes this market is its strong focus on Ecosystem Service Providers (8 companies), Travel Arrangement Software (2 companies), and Development Services Providers (1 companies). This concentration reflects the Iceland’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 Iceland

    Total SaaS Companies: 66

    Top Software Category: Ecosystem Service Providers with 8 companies (12.1% of market)

    Second Largest Category: Travel Arrangement Software with 2 companies

    Third Largest Category: Development Services Providers with 1 companies

    Enterprise Companies (Over 500 employees): 2 companies (3.0%)

    Mid-Size Companies (100-500 employees): 2 companies (3.0%)

    Small Companies (1-10 employees): 47 companies (71.2%)

    Dominant Company Size: 71.2% of companies have 1-10 employees, indicating a startup-heavy market

Top 50 SaaS Companies in Iceland

Companies

CompanySoftware CategoryCompany LinkedInEmployee RangeWebsite Languages
AuthenteqData Privacy Software; Operations Management SoftwareLinkedInOver 500
MarelFood Software; Manufacturing Software; Software Food TraceabilityLinkedInOver 500
LS RetailMarketplace Apps; POS Software; Retail Software; Healthcare Software; Retail Management SoftwareLinkedIn100-500English
ControlantHealth Care Software; Healthcare Software; Logistics Software; Operations ManagementLinkedIn100-500English
kaptioTravel Arrangement Software; Accounting & Finance Software; Travel Software; Software Travel Agency; Software Tour OperatorLinkedIn51-100English
Adventure Travel TechTravel Arrangement SoftwareLinkedIn51-100
TixlyEvent Management Software; Software Venue Management; Software Event ManagementLinkedIn51-100English, German
NanitorVulnerability Management Software; IT Security Software; Software Identity Threat Detection And Response; Software Cybersecurity; Software Vulnerability Management; Software Patch ManagementLinkedIn11 to 50English
LucinityRisk & Compliance Software; Compliance Software; Finance; Software Financial Risk Management; Software Aml; Software Financial Fraud Detection; Software Banking Systems; Software ComplianceLinkedIn11 to 50English
SweeplyHospitality SoftwareLinkedIn11 to 50English
TourDeskTravel Arrangement Software; Travel SoftwareLinkedIn11 to 50
HeimaArtificial Intelligence SoftwareLinkedIn11 to 50English
TaktikalFinancial Services Software; GovernanceLinkedIn11 to 50English
OvertuneGenerative AI SoftwareLinkedIn11 to 50English, Icelandic
GRIDGenerative AI Software; Data Management Software; Document Management SoftwareLinkedIn11 to 50English
HugvitMarketing SoftwareLinkedIn11 to 50Icelandic, Swedish
Hefring MarineSupply Chain Management Software; Vertical MarketLinkedIn11 to 50English, French, German, Multilingual
TrebleDevelopment Software; Conversion Rate Optimization Tools; CAD & PLM Software; Software Conversational Marketing Platform; Software Live ChatLinkedIn11 to 50English
Kara ConnectHR SoftwareLinkedIn11 to 50English, Icelandic
VettvangurDevelopment Services ProvidersLinkedIn1 to 10Icelandic, Swedish
TravelshifteCommerce SoftwareLinkedIn1 to 10English
TrackWellLogistics SoftwareLinkedIn1 to 10English
Sideline SportsEducation Software; Vertical Market; Software CoachingLinkedIn1 to 10
SaharaEcosystem Service ProvidersLinkedIn1 to 10English, Icelandic, Indonesian
Overcast SoftwareEcosystem Service ProvidersLinkedIn1 to 10
MyTweetAlertsSocial Media Marketing SoftwareLinkedIn1 to 10
Men&MiceIT Management; Network Management SoftwareLinkedIn1 to 10
LS Software SystemsVertical Industry Software; Retail ManagementLinkedIn1 to 10
AirsoftAviation Software; Engineering Software; Operations ManagementLinkedIn1 to 10
KlappirVertical Industry Software; Finance; Operations Management; Vertical MarketLinkedIn1 to 10English
GoPro LtdEcosystem Service ProvidersLinkedIn1 to 10Danish, English
GhostlampMarketing PlatformsLinkedIn1 to 10English, French, German, Multilingual
AppliconEcosystem Service ProvidersLinkedIn1 to 10
DigidoEcosystem Service ProvidersLinkedIn1 to 10Icelandic, Turkish
AGR DynamicsFinance; Marketing; Operations Management; Sales SoftwareLinkedIn1 to 10
AwaregoVulnerability Management Software; Education Software; IT Security Software; Software Risk Management; Software Cybersecurity; Software Computer Security; Software Security Awareness TrainingLinkedIn1 to 10English
AftraSystem Security Software; IT SecurityLinkedIn1 to 10English
AirServerVideo Software; System UtilitiesLinkedIn1 to 10
FoxyUtilsCollaboration & Productivity Software; Document Management SoftwareLinkedIn1 to 10
BaselineContent Management Systems; Content Marketing Software; Marketing; Multimedia SoftwareLinkedIn1 to 10English, French
PaxflowTravel Arrangement Software; Software Tour OperatorLinkedIn1 to 10English, Icelandic, Japanese, Multilingual, Spanish
TripCreatorTravel Arrangement SoftwareLinkedIn1 to 10
CookieHubData Privacy Software; Compliance Software; Software Gdpr ComplianceLinkedIn1 to 10English, French, German, Italian, Multilingual, Spanish
MyFreeOCRContent Management Systems; Document Management SoftwareLinkedIn1 to 10
Leadz 4 UMarketing Services ProvidersLinkedIn1 to 10
Automated Storage Call CenterVertical Market SoftwareLinkedIn1 to 10English
UniDocCollaboration & Productivity SoftwareLinkedIn1 to 10English
Calculator StudioApplication Development Software; Business Intelligence Software; Collaboration & Productivity SoftwareLinkedIn1 to 10Spanish
CliezenCRM SoftwareLinkedIn1 to 10English, Icelandic
MobzappSystem UtilitiesLinkedIn1 to 10English

Insights of the Top 50 Iceland 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 Iceland Split Into Software Categories

Companies

Software CategoryNumber of Companies% of Market
Ecosystem Service Providers812.1%
Travel Arrangement Software23.0%
Development Services Providers11.5%
eCommerce Software11.5%
Logistics Software11.5%
Education Software; Vertical Market; Software Coaching11.5%
Social Media Marketing Software11.5%
IT Management; Network Management Software11.5%
Vertical Industry Software; Retail Management11.5%
Aviation Software; Engineering Software; Operations Management11.5%
Vertical Industry Software; Finance; Operations Management; Vertical Market11.5%
Marketing Platforms11.5%
Finance; Marketing; Operations Management; Sales Software11.5%
Vulnerability Management Software; Education Software; IT Security Software; Software Risk Management; Software Cybersecurity; Software Computer Security; Software Security Awareness Training11.5%
System Security Software; IT Security11.5%

The Iceland SaaS market is dominated by Ecosystem Service Providers, accounting for 12.1% of all companies. Travel Arrangement Software and Development Services Providers 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 Iceland Based on Employee Count

Companies

Employee RangeNumber of Companies% of Total
1 to 104771.2%
11 to 501218.2%
51-10034.5%
100-50023.0%
Over 50023.0%

Key Insights Regarding SaaS Businesses in Iceland

Key Insights;

The Iceland SaaS landscape presents significant opportunities for sales teams targeting technology companies. The market is characterized by a large startup ecosystem, with 71.2% of companies employing 1-10 people, indicating a highly dynamic and innovation-driven environment.

From a technical sophistication standpoint, Iceland SaaS companies tend to be early adopters of emerging technologies. The strong presence of Artificial Intelligence Software (1 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 Iceland

Success in the Iceland SaaS market requires understanding its unique characteristics. The largest target segment comprises small companies (1-10 employees) at 71.2% of the market, followed by growth-stage companies (11-50 employees) at 18.2%.

The most common technology categories include Ecosystem Service Providers, Travel Arrangement Software, and Development Services Providers. 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 Iceland?

LinkedIn is the primary platform for identifying decision-makers at Iceland 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 66 SaaS companies in Iceland.

How big is the SaaS industry in Iceland?

Iceland hosts 66 SaaS companies across 59 software categories. The market includes 2 enterprise companies (500+ employees) and 2 mid-size companies (100-500 employees), making it one of the significant regional SaaS markets.

What is the top-performing SaaS category in Iceland?

Ecosystem Service Providers leads the Iceland SaaS market with 8 companies, representing 12.1% of the total market. This is followed by Travel Arrangement Software (2 companies) and Development Services Providers (1 companies).

What size companies dominate the Iceland SaaS market?

The Iceland SaaS market is predominantly composed of small companies: 71.2% have 1-10 employees and 18.2% 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 Iceland?

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