Software & SaaS: September 2026 sector report

Composed from 11 research facts recorded in September 2026, drawn from 7 source documents. Every figure names the record it came from and the date that record speaks for.

In brief

No narrative: no language model answered (All LLM providers failed. Please check API configurations.). No narrative is printed for this report. The figures and the facts below are complete without it.

Sector multiple

EV to EBITDA: 8.1x to 14.8x, median 11.0x. Our own estimate, worked out by MANDA Institute (Q1 2026). Nobody publishes this figure. Source: MANDA Institute sector estimate (MANDA Institute), as of 31 March 2026.

Eurozone all sector anchor, for context: median 8.6x, range 7.8x to 10.0x. An independent firm published this figure: the Argos Mid-Market Index, from Argos Wityu / Epsilon Research (Q1 2026). Source: Argos Mid-Market Index, as of 31 March 2026.

Transaction records

The platform holds no transaction record for this sector.

financing: 6 facts

NewSchool VC closes €10M Fund I to back early-stage B2B tech (Tech.eu - European Startup, Funding and Technology News)
FintechOS raises $28M in equity and debt (Tech.eu - European Startup, Funding and Technology News)
Custodea secures €350K to give European SMEs greater control over their data (Tech.eu - European Startup, Funding and Technology News)
Custodea secures €350K to give European SMEs greater control over their data (Tech.eu - European Startup, Funding and Technology News)
€1.2M raised (Tech.eu - European Startup, Funding and Technology News)
€1.25M raised by Instarc (Tech.eu - European Startup, Funding and Technology News)

competitor move: 3 facts

Software development sector cooling amid AI rise; IT Services drawing more interest (Sellers' Valuation Expectations Too High in Half of European M&A Deal Processes)
Software development sector cooling due to AI, IT Services gaining interest (Sellers' Valuation Expectations Too High in Half of European M&A Deal Processes)
Snowflake hebt Umsatzprognose an – Aktie springt um 22 Prozent (Wirtschaftsnachrichten | Wirtschafts-News | Handelsblatt)

regulatory: 2 facts

UK seals free trade agreement with Switzerland including GBP 5.2bn services deal and separate agreement for travellers to use Swiss E-gates (Wirtschaftsnachrichten | Wirtschafts-News | Handelsblatt)
UK targets services exports in China trade talks (Wirtschaftsnachrichten | Wirtschafts-News | Handelsblatt)

Records this report rests on

Our own estimate, worked out by MANDA Institute (Q1 2026). Nobody publishes this figure. (31 March 2026)
An independent firm published this figure: the Argos Mid-Market Index, from Argos Wityu / Epsilon Research (Q1 2026) (31 March 2026)
Tech.eu - European Startup, Funding and Technology News
Tech.eu - European Startup, Funding and Technology News
Tech.eu - European Startup, Funding and Technology News
Tech.eu - European Startup, Funding and Technology News
Sellers' Valuation Expectations Too High in Half of European M&A Deal Processes
Wirtschaftsnachrichten | Wirtschafts-News | Handelsblatt
Wirtschaftsnachrichten | Wirtschafts-News | Handelsblatt