LAUNCH OF THE 2019 FINNISH MARTECH...
Transcript of LAUNCH OF THE 2019 FINNISH MARTECH...
1What does the Finnish MarTech landscape look like?
2How is it positioned globally and for the future?
3And of course; how do we compare to Sweden?
The martech bible:
chiefmartec.com
“Marketing has become a technology-powered discipline, and therefore marketing
organizations must infuse technical capabilities into their DNA”
Scott Brinker: State of Martech at Avaus Martech Summit in Stockholm
(Youtube: Scott Brinker Avaus)
A COUPLE OF YEARS BACK WE DECIDED TO TO PICK UP THE MAGNIFYING GLASS AND STUDY THE FINNISH LANDSCAPE
+71New companies mapped
-11Companies removed
A total of:
186companies
Combined estimated revenue of:
300MEUR
Finnish MarTech
companies identified
186million
funding (EUR)
384of funding
goes to Commerce &
Sales solutions
34%of top 20
investors are Finnish
15
The Finnish martech landscape still ahead of Sweden…
...but not on all metrics
Sha
re o
f com
pani
es
Summing up – Finnish MarTech
4 5 61 2 3
Although startup funding in Finland generally is dominated by foreign money, martech companies gain
funding primarily at home
Unlike Sweden, Finland can’t showcase any particular oversized
area of martech expertise
102 of the companies report that they leverage AI. Boom or bust?
We continue to follow the development of Finnish martech
with great interest!
The Finnish martech landscape is a vibrant collection of mainly small
companies
On Nordic and European level, there are (even) more MarTech
companies than commonly assumed
We estimate that the total Finnish martech-derived revenue amounts
to some 300 MEUR
THANK YOU!
www.avaus.com
Stay tuned, we’re releasing our full report soon:
Ira Gylling I Avaus | Twitter @iramaria