Lumera ranks 6th among 55 largest SaaS companies in Sweden

Insights | Blog Post
27.10.2021

Breakit has qualified, together with their partner Verdane, Sweden’s 55 largest, most profitable and fastest growing SaaS companies in the Breakit SaaS report 2021 – and ranked Lumera as number 6.

By analyzing recent annual reports and interviewing some of the leading industry representatives, they have identified trends and success factors among the most profitable SaaS companies in Sweden.

In this year’s report, Breakit has taken a closer look at the fastest growing companies in the last two years. Readers can take part of this unique mapping of the SaaS companies, which also includes:

  • Extensive mapping – turnover, result, development in the companies in 2020 compared to 2019.
  • Analysis of all 55 companies on the list – what is really behind the numbers?
  • The super growers – these companies have grown the fastest in the last two years. Breakit analyzes what lies behind the success.
  • The stock exchange candidates – Breakit lists the companies that are on their way to the stock market.

“Lumera is delighted to once again be recognized by the SaaS community and proud to be ranked number 6, in competition with some of the largest SaaS companies in Sweden. This recognition indicates the competitive strength of Lumera and Lumera Live”, says Mats Lillienberg, CEO, Lumera.

Breakit’s description
After the name change from Itello to Lumera just before the summer, the company is set for an expansion into Europe. In its home market, Lumera is already a small nugget of gold for the owners, the venture capital company Monterro. After just 5 years as owner, it is no daring guess that Monterro has now started preparing for an exit. Maybe already in 2022.

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