These are the top SaaS companies in Australia. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Australia by featuring these 65 companies with combined revenues of $1.9B.
Together, Australia SaaS companies employ over 10K employees, have raised $385.5M capital, and serve over 518K customers around the world.
Collaboration & Productivity Software
Atlassian provides collaboration, development, and issue tracking software for teams.
Canva is a graphic design platform that allows users to create social media graphics, presentations, posters, documents and other visual content. It is available on web and mobile, and integrates millions of images, fonts, templates and illustrations.
We are a global talent management software provider, helping organisations strategically align their talent resources across borders, business units, cultures and languages. Our award-winning SaaS platform unifies Recruitment, Learning and Developme...
Culture Amp was founded as a result of its members' first hand experiences with the challenge that fast growing organizations face when their core business expands faster than its people can adapt. With years of experience in enterprise organizations, Cult
Global leaders in parts, service and data software for the automotive industry. Used by over 170,000 users in 185 countries and 29 languages.
Deputy is easy to use scheduling & time clock software. Get started in minutes for free today & start reducing wage costs!
Enterprise software, connection & distribution engine for meetings & events
Run better webinars with no worries with the best webinar software ever. Create a live & evergreen webinars in 10 seconds. Get started for free today!
We create strategy execution software.
CRM and Related Software
Sales coaching and performance management softwaref
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83 of the fastest growing companies that also have the most revenue have a clear expansion revenue strategy. On average, sales reps are selling plans where starting contract value is $4,606.
Those same companies employ 1,678 sales reps that carry a quota. The most common compensation plan used by these companies is a 1:5 ratio of sales rep on target earnings (OTE) to quota. Meaning if a rep can earn $200k in base and commissions, quota target for that year is set at 5x, or $1m in new ARR closed.
If you’re going to build a high growth SaaS company, you need to figure out how to scale with quota carrying sales reps.
We can measure this a variety of ways. Which company has the most revenue per employee? What about dollars in revenue compared to dollars raised? What about time, which founder went from $0 to $10m the fastest?
Looking deeper at dollars in revenue compared to dollars raised, bootstrappers take the cake because they self fund (denominator zero). When we look at companies that have raised at least $1m, Actito is the clear winner generating $21m in revenue, growing 100% yoy, on just 1m raised ($.05 dollars raised for every $1 of revenue).
Omnisend comes in a close second with $.08 dollars raised for every dollar of revenue. Doing $19m as of December 2020. Proposify gets honorable mention with $0.46 dollars raised (3.25m) for every dollar of revenue ($7m).
The worst performers here are companies like YayPay with $3.68 dollars raised ($14m) per dollar of revenue ($3.8m). Many of the worst performers just did a round of funding and haven’t had a chance to deploy to drive growth yet. That makes this data less valuable but still illustrative.