These are the top SaaS companies in Sydney, United Kingdom. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Sydney by featuring these 137 companies with combined revenues of $2.4B.
Together, Sydney SaaS companies employ over 12K employees, have raised $1.2B capital, and serve over 152M customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Collaboration & Productivity Software
Atlassian provides collaboration, development, and issue tracking software for teams.
Operator of an online fashion platform created to sell clothing and accessories for men, women and children. The company's online fashion platform stocks fashion clothing and luxury goods, enabling shoppers to find apparel and fashion items.
Ascender Group is a provider of payroll service intended to deliver human capital management services. The company offers consolidated reporting in the currency and language. It provides tailored services that are fully managed enabling clients to tackle very large, complex issues that require processor-engineering, process standardization, automation and extended payroll-services. Ascender was founded in 2007 and is headquartered in Sydney, Australia. The company seeks to expand its business portfolio through mergers and acquisitions.
Talent Management Software
Employment Hero operates as an online human resource platform for small and medium-sized businesses. Its cloud-based HR platform combines HR software, financial services, scheduling, and payroll tools, as well as employee benefits, providing growing companies with an intuitive, affordable way to manage essential employee information and HR processes. The company aims to become the employment platform of choice for employers and employees in Australia and beyond, by providing free, easy-to-use HR software that employers love to use, and access to far greater benefits for all employees. Employment Hero was founded in 2014 and is headquartered in Sydney New South Wales.
Vertical Industry Software
Global leaders in parts, service and data software for the automotive industry. Used by over 170,000 users in 185 countries and 29 languages.
Real Estate Software
CBRE Group, Inc. is an American commercial real estate services and investment firm.
Digital Advertising Platforms
Developer of a cloud based software. The company engages in the development, implementation and operation of digital advertising and marketing services as well as providing customers with a one-stop shop..Product Release - Full SaaS Digital Signage Creation Studio Freemium Model - Can we found and used on our newly launched Website www.mandoemedia.com
Task provides Saas-based customizable transaction management software solutions for restaurants, casinos and foodservice operations.
Provider of workforce management solutions intended to manage and engage employees. The company offers management solutions for contingent workforces that includes HR, time, attendance, rostering, employee availability and payroll data solutions via its website or application to organizations.
Business Development Software
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What are the fastest growing companies doing?
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.
Which CEO’s are the most efficient capital allocators?
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.