34 Top PaaS Businesses That are Revolutionizing the Industry

Top Startups

Have you ever wondered who is on the list of PaaS Companies with the highest growth rates?

You’re not alone.

There are hundreds of PaaS Companies found there, and keeping track of the hottest new businesses can be challenging.

But don’t worry, we’ve got you covered. Here are the top 34 fast-growing PaaS Businesses that have top-tier venture capital funding.

What are PaaS Businesses?

PaaS businesses are companies that specialize in developing and delivering Platform as a Service (PaaS) solutions. PaaS is a cloud computing service model that provides a platform for users to build, manage, and run applications without the need for complex underlying infrastructure. 

These solutions typically include a set of tools and services such as databases, storage, analytics, application programming interfaces (APIs), and other software development tools. PaaS businesses make it easier for developers to create, deploy, and manage applications in the cloud, often with minimal coding or configuration.

Top 34 Fastest-Growing Businesses In PaaS

1) CircleCI

CircleCI is a continuous integration and delivery platform for IT operations and development workflows.

Details of this business:

  • Country: United States
  • City: San Francisco
  • Started in: 2011
  • Founders: Allen Rohner, Paul Biggar
  • Number of employees: 501-1000
  • Funding amount: $315,000,000
  • Number of funding rounds: 9
  • Number of investors: 22

You can find their website here.

2) Sanity

Sanity is a structured content platform that allows teams to create digital experiences.

Details of this business:

  • Country: United States
  • City: San Francisco
  • Started in: 2017
  • Founders: Even Westvang, Magnus Kongsli Hillestad, Oyvind Rostad, Simen Svale Skogsrud
  • Number of employees: 11-50
  • Funding amount: $51,800,000
  • Number of funding rounds: 4
  • Number of investors: 22

You can find their website here.

3) OutSystems

OutSystems is a low-code platform for developing, deploying, and managing enterprise-grade apps.

Details of this business:

  • Country: United States
  • City: Boston
  • Started in: 2001
  • Founders: Paulo Rosado, Rui Pereira
  • Number of employees: 1001-5000
  • Funding amount: $572,081,804
  • Number of funding rounds: 7
  • Number of investors: 12

You can find their website here.

4) AppDirect

AppDirect is a cloud commerce platform that allows you to monetize and manage your digital customer interactions from start to finish.

Details of this business:

  • Country: United States
  • City: New York
  • Started in: 2009
  • Founders: Daniel Saks, Nicolas Desmarais
  • Number of employees: 501-1000
  • Funding amount: $474,502,250
  • Number of funding rounds: 8
  • Number of investors: 9

You can find their website here.

5) IntelePeer

The NEW Customer Experience is Powered by IntelePeer

Details of this business:

  • Country: United States
  • City: San Mateo
  • Started in: 2003
  • Founders: Haydar Haba
  • Number of employees: 101-250
  • Funding amount: $252,139,097
  • Number of funding rounds: 10
  • Number of investors: 9

You can find their website here.

6) YourBase

For fast-growing development teams, YourBase accelerates software testing.

Details of this business:

  • Country: United States
  • City: Seattle
  • Started in: 2018
  • Founders: John Ewart, Yves Junqueira
  • Number of employees: 11-50
  • Funding amount: $5,000,000
  • Number of funding rounds: 1
  • Number of investors: 3

You can find their website here.

7) Platform.sh

Platform.sh is a complete online platform that enables businesses to create, manage, and expand their websites and apps.

Details of this business:

  • Country: France
  • City: Paris
  • Started in: 2010
  • Founders: Damien Tournoud, Fred Plais, Ori Pekelman, Ryan Szrama
  • Number of employees: 101-250
  • Funding amount: $47,300,000
  • Number of funding rounds: 4
  • Number of investors: 8

You can find their website here.

8) Grover

Grover is a firm that allows individuals to subscribe to electronic items on a monthly basis rather than purchasing them outright.

Details of this business:

  • Country: Germany
  • City: Berlin
  • Started in: 2015
  • Founders: Michael Cassau
  • Number of employees: 101-250
  • Funding amount: € 342,000,000
  • Number of funding rounds: 11
  • Number of investors: 19

You can find their website here.

9) Data Republic

Data Republic is a well-known data-driven innovation platform. Use real data to evaluate new technology, tools, and partners.

Details of this business:

  • Country: Australia
  • City: Sydney
  • Started in: 2014
  • Founders: Danny Gilligan, Paul McCarney
  • Number of employees: 11-50
  • Funding amount: A$36,000,000
  • Number of funding rounds: 4
  • Number of investors: 9

You can find their website here.

10) Full Measure Education

Full Measure Education assists students in enrolling, completing, and obtaining a family-sustaining job.

Details of this business:

  • Country: United States
  • City: Washington D.C.
  • Started in: 2013
  • Founders: Greg Davies, Robert Abraham
  • Number of employees: 11-50
  • Funding amount: $15,620,000
  • Number of funding rounds: 3
  • Number of investors: 2

You can find their website here.

11) Kore.ai

Conversational and digital platforms and products based on AI that automate and optimize enterprise digital interactions.

Details of this business:

  • Country: United States
  • City: Orlando
  • Started in: 2013
  • Founders: Raj Koneru
  • Number of employees: 251-500
  • Funding amount: $30,779,017
  • Number of funding rounds: 3
  • Number of investors: 2

You can find their website here.

12) Orderchamp

Orderchamp is a marketplace that connects local communities with independent businesses and brands to deliver wholesale services.

Details of this business:

  • Country: The Netherlands
  • City: Amsterdam
  • Started in: 2019
  • Founders: Dennis Cuijpers, Joost Brugmans, Max Verduyn, Menno Wolvers, Ruud Stelder
  • Number of employees: 11-50
  • Funding amount: € 19,800,000
  • Number of funding rounds: 3
  • Number of investors: 5

You can find their website here.

13) Zenvia

Zenvia’s unified end-to-end platform enables businesses to develop distinctive consumer communications experiences.

Details of this business:

  • Country: Brazil
  • City: Sao Paulo
  • Started in: 2003
  • Founders: Cassio Bobsin, Victor Knewitz
  • Number of employees: 501-1000
  • Funding amount: $82,675,850
  • Number of funding rounds: 2
  • Number of investors: 3

You can find their website here.

14) Mendix

Mendix is the most efficient and user-friendly platform for building and improving multi-channel applications at scale.

Details of this business:

  • Country: United States
  • City: Boston
  • Started in: 2005
  • Founders: Derckjan Kruit, Derek Roos
  • Number of employees: 251-500
  • Funding amount: $38,000,000
  • Number of funding rounds: 3
  • Number of investors: 3

You can find their website here.

15) Episode Six

Episode Six includes a flexible ledger and payment mechanism. Over 550 APIs provide easy access to financial technology.

Details of this business:

  • Country: United States
  • City: Austin
  • Started in: 2015
  • Founders: Chermaine Hu, Futeh Kao, John Mitchell
  • Number of employees: 51-100
  • Funding amount: $40,000,000
  • Number of funding rounds: 3
  • Number of investors: 4

You can find their website here.

16) LINKBYNET

Business outsourcing, cloud services, web electronic business, and information systems are all available through LINKBYNET.

Details of this business:

  • Country: France
  • City: Saint-denis
  • Started in: 2000
  • Founders: Patrick Aisenberg, Stéphane Aisenberg
  • Number of employees: 501-1000
  • Funding amount: € 50,000,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

17) Bitrise

Bitrise is a mobile app development platform that automates integration, testing, and deployment for tens of thousands of developers.

Details of this business:

  • Country: Hungary
  • City: Budapest
  • Started in: 2014
  • Founders: Barnabas Birmacher, Daniel Balla, Viktor Benei
  • Number of employees: 51-100
  • Funding amount: $23,517,361
  • Number of funding rounds: 4
  • Number of investors: 6

You can find their website here.

18) Apicbase

Manage products, inventories, orders, health and safety, and sales statistics from a single SaaS platform.

Details of this business:

  • Country: Belgium
  • City: Antwerp
  • Started in: 2017
  • Founders: Carl Jacobs, Julien Burlat, Kim Rothuys, Pieter Wellens
  • Number of employees: 11-50
  • Funding amount: € 6,200,000
  • Number of funding rounds: 3
  • Number of investors: 4

You can find their website here.

19) unifonic

unifonic is a customer interaction tool for emerging markets businesses that makes cloud communications more accessible.

Details of this business:

  • Country: Saudi Arabia
  • City: Riyadh
  • Started in: 2006
  • Founders: Ahmed Hamdan, Hassan Hamdan
  • Number of employees: 101-250
  • Funding amount: $21,000,000
  • Number of funding rounds: 1
  • Number of investors: 5

You can find their website here.

20) 91APP

In Taiwan, 91APP is a major omnichannel commerce solution provider, offering retailers their own shopping app and website.

Details of this business:

  • Country: Taiwan
  • City: Taipei
  • Started in: 2013
  • Founders: Steven Ho
  • Number of employees: 251-500
  • Funding amount: $9,000,000
  • Number of funding rounds: 1
  • Number of investors: 5

You can find their website here.

21) Buildkite

Buildkite is a platform for executing continuous integration pipelines on your own infrastructure that is fast, safe, and scalable.

Details of this business:

  • Country: Australia
  • City: Fitzroy
  • Started in: 2013
  • Founders: Keith Pitt, Lachlan Donald, Tim Lucas
  • Number of employees: 11-50
  • Funding amount: A$28,200,000
  • Number of funding rounds: 2
  • Number of investors: 2

You can find their website here.

22) Sky.One

Sky.One provides cloud computing solutions to businesses who want to change the way they deal with systems and data in real time.

Details of this business:

  • Country: Brazil
  • City: Sao Paulo
  • Started in: 2014
  • Founders: Ricardo Brandão
  • Number of employees: 101-250
  • Funding amount: R$67,500,000
  • Number of funding rounds: 2
  • Number of investors: 2

You can find their website here.

23) Storyblok

Storyblok is a CMS as a Service that is both headless and API-based. A content management system for editors, with structured data for developers.

Details of this business:

  • Country: Austria
  • City: Linz
  • Started in: 2017
  • Founders: Alexander Feiglstorfer, Dominik Angerer
  • Number of employees: 11-50
  • Funding amount: $11,000,000
  • Number of funding rounds: 2
  • Number of investors: 4

You can find their website here.

24) Cosmo Tech

Cosmo Tech is a digital twin simulation software company that assists the C-suite in making the best business decisions.

Details of this business:

  • Country: France
  • City: Lyon
  • Started in: 2010
  • Founders: Eric Boix, Hugues de Bantel, Michel Morvan
  • Number of employees: 51-100
  • Funding amount: $32,892,016
  • Number of funding rounds: 3
  • Number of investors: 10

You can find their website here.

25) Saagie

Saagie offers a DataOps Orchestrator that is ready to use.

Details of this business:

  • Country: France
  • City: Le Petit-quevilly
  • Started in: 2013
  • Founders: Arnaud Muller
  • Number of employees: 51-100
  • Funding amount: € 35,050,000
  • Number of funding rounds: 4
  • Number of investors: 15

You can find their website here.

26) EMnify

EMnify is the most popular IoT cloud communication platform. Unlike other CPaaS providers, EMnify focuses entirely on IoT.

Details of this business:

  • Country: Germany
  • City: Berlin
  • Started in: 2014
  • Founders: Alexander Schebler, Frank Stoecker, Martin Giess
  • Number of employees: 101-250
  • Funding amount: € 20,000,000
  • Number of funding rounds: 3

You can find their website here.

27) Lifesight

For Real-World Intelligence, The Trusted Data & Analytics Company

Details of this business:

  • Country: Singapore
  • City: Singapore
  • Started in: 2017
  • Founders: Rohit Maheswaran, Tobin Thomas
  • Number of employees: 51-100
  • Funding amount: $2,000,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

28) AND Global

AND Global is a Fintech as a Service firm that provides the best in the industry.

Details of this business:

  • Country: Singapore
  • City: Singapore
  • Started in: 2015
  • Founders: Anar Chinbaatar, Bayarsaikhan Volodya, Boldbaatar Ochirsuren, Naranbayar Purevsuren
  • Number of employees: 101-250
  • Funding amount: $26,888,000
  • Number of funding rounds: 9
  • Number of investors: 11

You can find their website here.

29) Reloadly

APIs for prepaid airtime, data, and digital mobile payments that work across emerging markets.

Details of this business:

  • Country: Spain
  • City: Barcelona
  • Started in: 2018
  • Founders: Emmanuel Piard, Michel Francis
  • Number of employees: 11-50
  • Funding amount: $3,301,405
  • Number of funding rounds: 4
  • Number of investors: 9

You can find their website here.

30) Easemob Technologies

EaseMob is a platform as a service (PaaS) that enables app developers to incorporate instant messaging, telephony, and data services into their apps.

Details of this business:

  • Country: China
  • City: Haidian
  • Started in: 2013
  • Founders: Jervis Liu, Ji Fang, Johnson Ma, Shaozhuang Liu
  • Number of employees: 251-500
  • Funding amount: $36,198,763
  • Number of funding rounds: 5
  • Number of investors: 4

You can find their website here.

31) Ninox

Without the assistance of a developer, we enable line-of-business teams to automate backoffice activities.

Details of this business:

  • Country: Germany
  • City: Berlin
  • Started in: 2013
  • Founders: Alexander Koenig, Frank Böhmer
  • Number of employees: 11-50
  • Funding amount: $3,000,000
  • Number of funding rounds: 2
  • Number of investors: 3

You can find their website here.

32) Superpro.ai

Using artificial intelligence, independent professionals can bring offline consulting online.

Details of this business:

  • Country: India
  • City: Bengaluru
  • Started in: 2019
  • Founders: Gaurav Tripathi, Sagar Ramteke, Vijay Goel, Vivek Kumar
  • Number of employees: 1-10
  • Funding amount: $300,000
  • Number of funding rounds: 3
  • Number of investors: 8

You can find their website here.

33) Seedtag

Seedtag provides worldwide companies with a portfolio of Contextual Advertising solutions based on Machine Learning and Artificial Intelligence.

Details of this business:

  • Country: Spain
  • City: Madrid
  • Started in: 2014
  • Founders: Albert Nieto, Jorge Poyatos, Pablo López Torres
  • Number of employees: 101-250
  • Funding amount: € 5,200,000
  • Number of funding rounds: 3
  • Number of investors: 1

You can find their website here.

34) APEX Technologies

APEX Technologies is a firm that specializes in customer data technology and artificial intelligence.

Details of this business:

  • Country: China
  • City: Shanghai
  • Started in: 2012
  • Founders: Jimmy Hu, Tiger Yang
  • Number of employees: 251-500
  • Funding amount: $20,906,401
  • Number of funding rounds: 4
  • Number of investors: 4

You can find their website here.

FAQs

Is PaaS Business Profitable?

Yes, PaaS can be very profitable for businesses depending on the type of services they offer. PaaS provides a platform for businesses to easily deploy and manage their applications, which can lead to increased efficiency, scalability and cost savings. 

Additionally, many businesses offer PaaS as a service and charge a fee for use, which can generate a steady stream of revenue.

What Is The Average Investment In PaaS?

The average investment in a PaaS business can vary widely, depending on the specific industry and the size of the business. 

Generally, investments range from a few thousand dollars for small businesses to millions of dollars for larger companies.

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