Top 10 SaaS Companies in Israel 2025
The Software as a Service (SaaS) market has been experiencing rapid growth, especially in Israel, known as the “Startup Nation.” In 2025, the global SaaS market is projected to reach $1 trillion, with Israel contributing significantly to this figure. The country boasts over 1,300 SaaS companies, with revenue growth rates reaching 20% annually. This report highlights the top 10 SaaS companies in Israel, showcasing their relevance and impact on the industry.
1. Wix
Wix is a leading website development platform that empowers users to create professional websites without coding skills. As of 2025, it has over 200 million users globally and reported annual revenues exceeding $1 billion. Wix’s continuous innovation and user-friendly interface have solidified its position in the market.
2. monday.com
monday.com is a work operating system that helps teams manage projects and workflows. The company has seen a rapid increase in user adoption, boasting over 160,000 customers in more than 200 countries. By 2025, its annual revenue is expected to surpass $500 million, demonstrating robust growth in the SaaS sector.
3. Check Point Software Technologies
Check Point is a global leader in cybersecurity solutions, providing cloud-based security services. The company serves over 100,000 organizations worldwide and reported a revenue of $2 billion in 2024. Check Point’s innovative SaaS offerings have positioned it as a trusted provider in the cybersecurity domain.
4. monday.com
As a project management tool, Monday.com has been recognized for its flexibility and ease of use. With a growing user base of over 152,000 customers, the company reported an impressive revenue growth of 40% year-over-year, reaching approximately $620 million in 2025. Its visual tools and customizable workflows make it a favorite among businesses of all sizes.
5. Taboola
Taboola is a content recommendation platform that connects advertisers with audiences through engaging content. By 2025, Taboola is expected to generate over $1.2 billion in annual revenue, driven by its vast network of publishers and advertisers. The company’s unique algorithm effectively targets users, enhancing engagement rates.
6. Fiverr
Fiverr is an online marketplace for freelance services, enabling businesses to connect with freelancers across various domains. The platform has grown significantly, with more than 4 million active services offered by freelancers. In 2025, Fiverr’s revenue is projected to reach $400 million, reflecting a steady increase in the gig economy.
7. Cloudyn (Acquired by Microsoft)
Cloudyn specializes in cloud cost management and optimization, offering solutions that help businesses manage their cloud spending. After being acquired by Microsoft, Cloudyn has integrated its services into Azure, enhancing Microsoft’s cloud offerings. The SaaS division is expected to contribute significantly to Microsoft’s overall cloud revenue, which approached $80 billion in 2024.
8. WalkMe
WalkMe is a digital adoption platform that helps organizations manage their software deployments effectively. With a presence in over 25 countries, the company has seen its revenue grow to approximately $150 million in 2025, supported by an increasing demand for digital transformation solutions. WalkMe’s analytics capabilities enable companies to improve user engagement and software adoption rates.
9. Sisense
Sisense provides cloud-powered business intelligence and analytics solutions. By 2025, the company is expected to achieve a revenue of $300 million, driven by its innovative data integration capabilities. Sisense’s platform allows businesses to analyze complex data and derive actionable insights, making it a valuable player in the SaaS market.
10. Lusha
Lusha is a B2B data enrichment platform that helps businesses identify and connect with potential customers. With over 1 million users, Lusha is projected to generate around $100 million in revenue by 2025. The platform’s accuracy and ease of use make it a preferred choice for sales and marketing teams.
Insights
The growth of the SaaS industry in Israel is driven by innovation and a strong entrepreneurial spirit. By 2025, the SaaS market in Israel is expected to generate over $10 billion in total revenue, contributing to the global market growth. Companies are increasingly adopting cloud-based solutions to enhance efficiency and scalability. Additionally, the rise of remote work and digital transformation initiatives is pushing businesses to invest in SaaS solutions, further driving market expansion. As Israel continues to emerge as a tech hub, the SaaS sector is poised for sustained growth, with an estimated CAGR of 15% over the next five years.
Related Analysis: View Previous Industry Report