19.01.23

9 UK SaaS start-ups to
watch in the next year.

< 1 min

Software as a service (SaaS) is one of the most exciting industries in the world, packed with innovative products, new technologies, and fast-growing companies.

In basic terms, SaaS is a way of distributing digital applications that can be accessed on the internet. That means no time-consuming software installations or physical hardware management is required - clients can simply log in and use SaaS platforms.

SaaS providers host these web-based applications on their servers and manage security, access, and updates for customers.

These SaaS products are extremely convenient for clients, allowing them to access platforms from any location and easily scale up their subscriptions as they expand.

Unsurprisingly, SaaS has become increasingly popular in a number of different industries. Some of these are fairly obvious (i.e. legal and financial services) but SaaS companies are also penetrating markets like agriculture and manufacturing.

The SaaS industry is growing at lightning speed. The market size is expected to grow from $130bn in 2021 to $716bn in 2028, and it’s estimated that 78% of small businesses have already invested in SaaS products.

Let’s take a look at some of the most exciting SaaS start-ups in the UK, and explore their product offerings and plans for future growth.

Deployed

Founded in 2019, Deployed uses artificial intelligence and intuitive tools to help businesses create statement-of-work documents more efficiently.

The platform offers a range of products that can help different departments (e.g. legal, human resources, procurement) to collaborate and increase productivity. Teams can use the Deployed platform to write and edit statements of work, measure business outcomes, and create compliant legal contracts.

Deployed focuses on helping businesses to prepare more effectively for project-based work, improving both outputs and decision-making in the process.

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