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 minimum trading volume of USD 5,000 (three-months daily average) and have a market capitalization of over USD 10million.
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.
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.
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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.
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