The Viking Venture Nordic SaaS Index – Updated every week!

VV Nordic SaaS Index

The Viking Venture Nordic SaaS Index (VV Nordic SaaS Index) tracks the development of listed Nordic SaaS companies focused on B2B software. As determined by Viking Venture, the companies included in the index must derive most of their revenues from business-oriented software products. In addition, the companies must have traded for at least three months with a meaningful trading volume and have a market capitalization of over USD 10m.

Understand the development over time

The VV Nordic SaaS Index draws inspiration from Bessemer Venture Partners’ (BVP) global SaaS index, known as the BVP Cloud Index, which includes some of the largest public cloud companies. The idea was to create a similar index focusing on the Nordic SaaS market as a measure to better understand the development of the sector over time.

Weekly updates of the Nordic SaaS Index

The index is updated on a weekly basis. The latest development of The Nordic SaaS Index vs. the Bessemer Venture Partners (BVP) Cloud Index for the last twelve months (LTM) including Enterprise Value (EV) / Sales (revenue) is displayed below.

Subscribe to the Viking Venture Nordic SaaS Index here to get the full report and weekly updates.

Viking Venture Nordic SaaS Index Week 16
The Nordic SaaS Index Week 16 – last twelve months (LTM) Enterprise Value (EV) / Sales (revenue) vs. the Bessemer Venture Partners (BVP) Cloud Index

Want to know more about the index?

Please reach out if you want to better understand the VV Nordic SaaS index – and the insights it provides about the state of the Nordic SaaS landscape. Get weekly updates and the full report by subscribing to the Viking Venture Nordic SaaS Index below.


This article (with the “VV SaaS Nordic Index“) has been produced by Viking Venture AS (“Viking Venture“) solely for information and educational purposes. The alignment of information and data set out in this article is the exclusive property of Viking Venture and Viking Venture retains all proprietary rights therein. Viking Venture, and/ or funds managed by Viking Venture, and affiliates of Viking Venture or such funds, may purchase, sell or hold securities of issuers that are constituents of any of the indices described in this article from time to time and at any time.

The information set out in this article has been gathered solely from such sources as identified in the index as well as from publicly available information but has not been independently verified. The information set out herein has been derived from sources that Viking Venture consider reliable, but Viking Venture cannot guarantee the veracity, completeness or accuracy of the indices or other information presented in this article and all information is provided on an “as-is” basis. The information presented herein are not, and do not purport to be, appraisals of any securities, company or markets and does not contain, or purport to contain, complete information about any securities, company or markets. No representation or warranty (express or implied) is made with regards to the information contained herein.

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Certain information in this article is forward-looking in its nature. Such forward-looking information speak only as of the date of this article. Such information is based on current expectations and beliefs and, by their nature, is subject to a number of known and unknow risks and uncertainties that could cause the actual results, performances and achievements to differ materially from any expected future results, performance or achievements expressed or implied by such forward-looking information. None of Viking Venture or any of its directors, officers or employees provide any assurance that the assumptions underlying such forward-looking information are free from errors nor does any of them accept any responsibility for the future accuracy of the opinions expressed in this article or the actual occurrence of the forecasted developments described herein. 

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