5 SaaS Startups in Austria

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in Austria. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 5 VC funded SaaS startups in Austria .

Adverity

The fully integrated data platform Adverity automates the governance, connection, transformation, and use of data at scale. Businesses may use the platform to combine several information, including sales, finance, marketing, and advertising, to provide a single source of truth regarding business performance. Adverity is the most convenient method to access your data how, where, and when you need it thanks to automatic connection to hundreds of data sources and destinations, unmatched data transformation choices, and potent data governance tools. Adverity was established in 2015 and has offices in London and New York in addition to its Vienna headquarters. It now collaborates with well-known companies and advertising agencies including Unilever, Bosch, IKEA, Forbes, GroupM, Publicis, and Dentsu.

Company details:
Founders:
Alexander Igelsböck, Andreas Glänzer, Martin Brunthaler, Vlad Gozman
Founded:
2015
Based in:
Vienna, Wien, Austria
Website:
Adverity
Industries:
Analytics, Artificial Intelligence, Big Data, Data Integration, Marketing, SaaS
Latest funding:
$120,000,000
Series D
16 August 2021
Total funding:
$166,298,686
Investors
Speedinvest, SoftBank Vision Fund, Sapphire Ventures, Mangrove Capital Partners, SAP.iO

Blockpit GmbH

A cross-platform monitoring tool created by Blockpit is aimed at both businesses and individual cryptocurrency traders. This makes it possible to calculate taxable cryptocurrency revenue in a straightforward manner and for tax advisers to accept the tax return. Taxes on gains are frequently unknown to cryptocurrency traders. It is challenging to maintain track of the individual deals while trading often. This is mostly due to the need that every transaction, including those using cryptocurrency, be assessed as a taxable event. It will be challenging to offer a declaration or proof later if the tax office asks for it. Where Blockpit's software can be useful is in this situation. All sources of revenue are automatically logged and a clear log is produced by the monitoring platform. Each and every transaction is imported, ensuring daily record of every exchange. The customer also receives information on taxable earnings and speculating windows, as well as a summary of the evolution of his portfolio.

Company details:
Founders:
Florian Wimmer, Gerd Karlhuber, Gert Weidinger, Magnus Berchtold, Mathias Maier, Patric Stadlbauer, Vladimir Tosovic
Founded:
2017
Based in:
Linz, Oberosterreich, Austria
Industries:
Accounting, Blockchain, Cryptocurrency, FinTech, Personal Finance, SaaS, Software
Latest funding:
$9,906,221
Series A
7 July 2021
Total funding:
$12,693,945
Investors
Fabric Ventures, Middlegame Ventures, European Super Angels Club, FiveT Fintech (formerly Avaloq Ventures), coinIX

PlanRadar

PlanRadar offers a SaaS solution for documentation and communication in construction and real estate projects (e.g. construction documentation, task and defect management. due diligence, etc.). Today, there are in each real estate project on average 1-2 issues per 100ft². PlanRadar's solution with web access and native apps for all kinds of mobile devices (iOS, Android, Windows) supports the user in recording, documentation, communication, and tracking of any kind of information. Project & site managers, architects & planners, specialists, technicians, property &facility managers or investors and owners can record any kind of information (e.g. tasks, defects, ec.) in a cost & time-saving way directly on the site with their tablet or smartphone and assign them in real-time to responsible project stakeholders. PlanRadar has already more than 7,000 customers and more than 60,000 users from 45 different countries worldwide. Thousands of our users save already 7 working hours every single week.

Company details:
Founders:
Clemens Hammerl, Constantin Köck, Domagoj Dolinsek, Ibrahim Imam, Sander van de Rijdt
Founded:
2013
Based in:
Vienna, Wien, Austria
Website:
PlanRadar
Industries:
Architecture, Collaboration, Construction, Real Estate, SaaS
Latest funding:
$67,878,063
Series B
20 January 2022
Total funding:
$103,079,376
Investors
Insight Partners, Headline, aws Gründerfonds (aws Founders Fund), Cavalry Ventures, Quadrille Capital

PROPSTER

We envision Our goal is to have 100% online property management for buyers, tenants, and investors. By doing this, we support the property firms' clients throughout the full project lifecycle. Our objective We provide real estate businesses the tools they need to promote off-plan sales, improve productivity, and give their clients—buyers, tenants, and investors—a wonderful buying experience through more transparency, consistent communication, and thorough documentation. Product attributes The cloud-based configuration platform PROPSTER has several capabilities to optimize the management of real estate developments. The handover tool, the 3D configurator, the electrical configurator, deadline management, and defect management are among the most crucial tasks. The platform as a whole is designed with our clients' and their customers' needs in mind. the new idea Before the sale begins, we employ machine learning to estimate the ideal layout of the property using demographic data, project specs, and client information. The real estate organizations may plan more safely, sell properties more quickly, and handle the property acquisition more effectively by merging the configurator and e-commerce methods.

Company details:
Founders:
Andreas Quast, Milan Zahradnik
Founded:
2017
Based in:
Vienna, Wien, Austria
Website:
PROPSTER
Industries:
Big Data, E-Commerce Platforms, Information Services, Information Technology, Property Development, Real Estate, SaaS
Latest funding:
$3,674,547
Seed
25 May 2021
Total funding:
$3,674,548
Investors
Pi Labs, Axeleo Capital, aws Gründerfonds (aws Founders Fund), Realty Corporation, Allinvest Unternehmensbeteiligungs GmbH

ToolSense

ToolSense is on a mission to increase the efficiency, productivity & sustainability of the asset-intensive companies that make up the backbone of our global economy. Our ToolSense Asset Operations Platform captures data from our IoT devices and digitizes all processes around the asset - which makes it easy for asset-intensive companies to act on data insights and ensure full workflow digitization & business process automation. By using ToolSense our customers realize cost savings, improve compliance and automate processes - so that they can concentrate on their actual job: enabling our daily lives and economic growth.

Company details:
Founders:
Alexander Manafi, Benjamin Petterle, Rostyslav Yavorskyi
Founded:
2017
Based in:
Vienna, Wien, Austria
Website:
ToolSense
Industries:
AgTech, Analytics, Building Maintenance, Cloud Computing, Field Support, Information Technology, Property Management, SaaS
Latest funding:
$8,433,889
Series A
12 December 2022
Total funding:
$11,968,158
Investors
PwC, btov Partners, aws Gründerfonds (aws Founders Fund), Matterwave Ventures, Sander van de Rijdt

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