The Viking Growth Nordic SaaS Index

The Viking Growth Nordic SaaS Index tracks the development of listed Nordic SaaS companies focused on B2B software.

Curious about where the Nordic SaaS market is heading?

We built the Viking Growth Nordic SaaS Index to track publicly listed B2B software companies across the Nordics and offer a snapshot of how the SaaS market is evolving over time.

Inspired by Bessemer’s Cloud Index, but with a local lens. If you’re a founder, investor, or just navigating SaaS in this region, it’s worth keeping an eye on.

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The Nordic SaaS Index

What is the Viking Growth Nordic SaaS Index?

The Viking Growth Nordic SaaS Index tracks the performance of publicly listed B2B software companies across the Nordic region — Norway, Sweden, Denmark, and Finland. Updated weekly, it gives founders, investors, and operators a consistent data-driven view of how the Nordic SaaS market is developing over time.

What companies are included in the index?

The index covers listed Nordic B2B SaaS companies - software businesses focused on serving other businesses rather than consumers. The focus is on publicly traded companies, giving a transparent, market-based view of valuations and performance trends across the region.

How often is the index updated?

The index is updated weekly, making it one of the most current sources of data on Nordic SaaS market performance available to founders and investors.

What's the difference between this and Bessemer's Cloud Index?

Bessemer's Cloud Index tracks publicly listed cloud companies globally, with a heavy US weighting. The Viking Growth Nordic SaaS Index applies the same logic with a local lens — focused exclusively on Nordic B2B software, making it more directly relevant if you're building, investing, or operating in this region.

Who is the index for?

The index is built for anyone navigating the Nordic SaaS market — founders benchmarking their own performance against public comps, investors tracking market sentiment, or operators trying to understand where the market is heading. Subscribe to get weekly updates directly to your inbox.