How to Choose Your First European Market for SaaS

How to choose the first European market for a SaaS company, with practical trade-offs between UK, France, DACH, Spain, and broader expansion sequencing.

Adrien de Malherbe

Adrien de Malherbe

VP Sales Europe · CRO · GM Europe · B2B SaaS

The right first market is the one that gives you the fastest route to repeatable learning, not the one that sounds strategically prestigious. Europe rewards sequencing more than ambition.

A great first market helps you get reference customers, refine messaging, and hire the first serious regional operator. A bad first market forces you to localize too much too early and learn too many things at once.

€12M ARR

Scaled SaaS revenue across UK, DACH, Nordics & Southern Europe as VP International Sales

€1M ARR

Founded Allcolibri from zero, secured €1M financing (€500k equity, €500k debt)

15+

Built and led a team of 15+ across UK, DACH, Nordics and Southern Europe

€1M+

Personally drove strategic deals including a €1M+ contract with Schibsted

Who this is for

Founders and revenue leaders deciding where to deploy the first European budget, hire, and sales motion.

When this matters

This matters when a founder, board, or recruiter is making an irreversible Europe GTM or revenue leadership decision.

Common mistake

Choosing the first market based on tax, founder preference, or one inbound customer instead of ICP density and execution practicality.

What I would do

Rank markets by ICP concentration, hiring feasibility, sales-cycle familiarity, and the founder's ability to support the first six months personally.

Proof

Adrien has scaled revenue from €1M to €12M ARR, built teams of 15+, and opened multiple European markets from zero.

Who this is for

Founders and revenue leaders deciding where to deploy the first European budget, hire, and sales motion.

Common mistake

Choosing the first market based on tax, founder preference, or one inbound customer instead of ICP density and execution practicality.

What I would do

Rank markets by ICP concentration, hiring feasibility, sales-cycle familiarity, and the founder's ability to support the first six months personally.

Use four criteria, not one

The best first market is usually the one that scores well across all four, not the one that wins a single category.

  • ICP concentration: where do enough target accounts exist to create pipeline density?
  • Commercial familiarity: where can your existing US playbook survive with the least adaptation?
  • Hiring feasibility: where can you hire a strong first operator quickly?
  • Strategic adjacency: which market opens the next one most naturally?

What the main European wedges are actually good for

The UK remains the simplest commercial wedge for many US SaaS companies: language compatibility, talent depth, and enterprise process familiarity. France can be excellent when the company is willing to localize messaging and invest in local credibility. DACH can be extremely attractive for enterprise ACV, but procurement standards and trust requirements are higher. Spain is usually strongest as an operations and talent base, and selectively as a commercial market depending on segment.

Pick the market that you can support with discipline

If the founder cannot travel there, support the first operator, and help close lighthouse accounts, the market may still be right eventually but wrong first.

The first market is not only about TAM. It is about your capacity to execute without creating chaos.

Recruiters

Best fit for searches around VP Sales Europe, CRO Europe SaaS, GM Europe, and operator-led commercial buildout roles.

Founders

Best fit for US and European SaaS founders opening Europe, fixing a weak first-market motion, or hiring the first senior revenue leader.

Investors

Useful when a portfolio company needs a Europe GTM operator, a market-entry plan, or a senior commercial hire with real execution history.

For founders

Need help choosing a first market, first hire, or Europe GTM motion? Start with the Europe expansion guides and market-entry checklists.

For recruiters

Hiring for VP Sales Europe, CRO, or a GM Europe role? Review the scorecards, case studies, and revenue leadership pages first.

For investors

Supporting a portfolio company opening Europe? Use the market, hiring, and comp-plan resources to pressure-test the expansion plan.

This page is part of a connected knowledge base on Europe SaaS GTM strategy, built by Adrien de Malherbe — VP Sales, CRO and GM Europe.

Is the UK still the best first European market for SaaS?

Often yes for US B2B SaaS because it is the easiest place to transfer an existing commercial motion. But it is not automatic if the ICP is much denser in France or DACH.

Should Spain be the first commercial market?

Spain is sometimes the right first operating base because of multilingual talent and lower costs. It is the right first commercial market only if the ICP and ACV profile support that choice.

Work with Adrien

Need help choosing the first European market?

The first market choice shapes hiring, messaging, budget, and board expectations. It is worth getting right early.