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Monday | September 28 | 2020

Keepit raises $30 million in the single largest Series-A SaaS investment in the Nordics

The Danish Backup-as-a-Service provider Keepit lands $30 million from growth investor One Peak, with the goal of increasing momentum both in Europe and the US.

The round is the single largest SaaS investment in a bootstrapped company in the Nordics, according to Crunchbase.

Keepit is a Backup-as-a-Service provider, specializing in protecting data from SaaS solutions such as Microsoft 365, Salesforce, Dynamics 365, and G Suite.

This is a massive greenfield market worth $12 billion per year which is expected to continue growing at a 30% CAGR over the next five years.

With the investment from One Peak, Keepit expects to double the numbers of employees in its offices in Copenhagen, Denmark and Lviv, Ukraine, as well as their satellite offices around the world, including the US.

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