Top SaaS Companies in Victoria

List of the largest SaaS companies in Victoria, Australia (Click to apply)

These are the top SaaS companies in Victoria, Australia. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Victoria by featuring these 100 companies with combined revenues of $222.2M.

Together, Victoria SaaS companies employ over 4K employees, have raised $23.8M capital, and serve over 82K customers around the world.

$0 - $1M ARR
  1. Everproof $929.5K
  2. Machship $860.6K
  3. DocBlaster $850.2K
  4. CareMonkey $840.8K
  5. EdSmart $787.4K
$1M - $5M ARR
  1. BuildKite $4.9M
  2. Sable37 $3.6M
$5M - $10M ARR
  1. assetic $7.8M
  2. Urbanise $6.9M
  3. HotDoc $6.4M
$10M+ ARR
  1. Treiner $14.2M
  2. Hitwise $12.5M
  1. 01
    Culture Amp

    Culture Amp

    Talent Management Software

    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

    $40M

    $270M

    4K

    562

    2011

    Victoria

  2. 02
    Treiner

    Treiner

    E-Commerce Software

    SaaS enabled marketplace connecting football players & parents with service providers

    $14M

    0

    287

    2017

    Victoria

  3. 03
    Hitwise

    Hitwise

    Data Integration Software

    Provider of online intelligence service. The company provides marketers with timely and actionable marketing insights on how their online presence compares to competitive websites.

    $13M

    $15M

    2K

    203

    1997

    Victoria

  4. 04
    Bill Identity

    Bill Identity

    Process Automation Software

    BidEnergy Ltd is a technology company. It is engaged in providing cloud-based software for energy management, and procurement. The company provides various services such as Bill validation and payment, Portfolio management and analytics, Energy and financi

    $9M

    0

    104

    2012

    Victoria

  5. 05
    assetic

    assetic

    Database Software

    Assetic delivers cloud-based strategic asset management solutions to organisations managing large-scale infrastructure asset portfolios.

    $8M

    0

    98

    2006

    Victoria

  6. 06
    Urbanise

    Urbanise

    Real Estate Software

    Provider of cloud based service technology. The company develop integrated facility management verticals for property service providers to manage and deliver internet access to the users within the building premises.

    $7M

    $8M

    0

    90

    2014

    Victoria

  7. 07
    HotDoc

    HotDoc

    Health Care Software

    HotDoc is an online appointment booking and eHealth software platform.

    $6M

    $5M

    0

    83

    2012

    Victoria

  8. 08
    IntelligenceBank

    IntelligenceBank

    Enterprise Software

    Provider of a business process management platform designed to manage, share and broadcast documents, charts and live data. The company's platform offer services that include brand hubs and digital asset management, online board portals, risk and governanc

    $6M

    $2M

    0

    77

    2009

    Victoria

  9. 09
    Nextgen Group

    Nextgen Group

    Cloud Platform As A Service (Paas) Software

    Provider of network connectivity and data centre facilities. The company provides telecommunication, data centers wholesale, managed router and collocation data center services to Australian businesses, government agencies, carriers and system integrators.

    $5M

    0

    92

    2000

    Victoria

  10. 10
    BuildKite

    BuildKite

    Development Software

    Buildkite is a platform for running fast, secure, and scalable continuous integration pipelines on your own infrastructure.

    $5M

    $21M

    0

    28

    2013

    Victoria

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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.