FastSpring Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

FastSpring Strengths, Domain Expertise, and Key Differentiators

FastSpring stands out with an all-encompassing e-commerce, merchandising, and fulfillment solution tailored for online vendors in the technology space. The introduction of SaaSy, a subscription management tool in the Cloud, has positioned FastSpring competitively with aggressive pricing and a transaction-based model, providing a robust offering for the burgeoning Subscription Economy.

FastSpring Recent Developments

FastSpring introduced three powerful features in 2023 to supercharge subscription revenue. 1ClickPay, Trial Hopping Prevention, and Offers API are designed to enhance conversion rates and elevate customer lifetime value. These additions, along with other subscription-focused capabilities, highlight FastSpring's commitment to staying ahead in the eCommerce landscape. With a focus on a seamless payment experience, trial retention improvement, and personalized offerings, FastSpring aims to make a significant impact on B2B SaaS and downloadable software companies in the coming year.

In June 2021, FastSpring made significant strides in its global commerce platform, unveiling plans to bolster support for B2B SaaS and downloadable software companies equipped with sales teams. The B2B suite, featuring a Digital Invoicing solution, empowers software companies to efficiently manage quotes, purchase orders, invoices, and streamline recurring payments—a boon for B2B requirements. Earlier, in May 2020, FastSpring revamped its platform interface based on customer surveys and market research, resulting in a more contemporary design, enhanced usability, and intuitive configurations.

FastSpring Mergers and Acquisitions (M&A) Activities

FastSpring strategically expanded its portfolio in November 2020 by acquiring SalesRight, a Canadian SaaS startup specializing in tools for B2B sales teams. This move broadened FastSpring's capabilities in catering to B2B needs, reinforcing its commitment to providing comprehensive solutions to its clientele.

FastSpring Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying FastSpring applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of FastSpring and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified FastSpring, customers.

FastSpring Key Enterprise and Cloud Applications

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FastSpring Revenues, $M:

FastSpring Revenue Breakdown By Type, $M:

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FastSpring Direct vs Indirect sales

FastSpring Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified FastSpring Customers

No. of FastSpring Customers: 3200

No. of FastSpring Enterprise Applications Customers: 3200

No. of FastSpring Cloud Customers: 3200

No. of FastSpring Cloud Subscribers: x

With over 3200 clients, FastSpring's eCommerce Platform is a preferred choice, particularly in the technology sector. The impressive clientele includes industry giants like Adobe, Toshiba, and Flexibits, indicating the platform's versatility and reliability in catering to diverse client needs.

FastSpring Market Opportunities, M&A and Geo Expansions

FastSpring has strategically positioned itself to capitalize on market opportunities, especially in the Subscription Economy. The SaaSy division, designed for subscription-based transactions in the Cloud, features aggressive pricing, eliminating setup and monthly fees, creating a competitive edge. This positions FastSpring as a formidable player in the evolving landscape of online services.

FastSpring Risks and Challenges

While FastSpring charts an ambitious course, risks may emerge from competitive pricing pressures within the eCommerce landscape. Vigilance in adapting to the ever-changing dynamics of the digital commerce market will be crucial to sustaining growth and innovation.

FastSpring Ecosystem, Partners, Resellers and SI

FastSpring's ecosystem is fortified through partnerships with key players like Amazon Web Services, Google Analytics, and MailChimp. These collaborations enhance FastSpring's capabilities and broaden its reach, creating a robust ecosystem that benefits both the platform and its clients. The partnership with Accel-KKR, a leading technology-focused private equity firm, further solidifies FastSpring's position, allowing continued investments in technology and market initiatives.

FastSpring Cloud Infrastructure Insights

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Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: