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 6 companies with combined revenues of $51.5M.
Together, Victoria SaaS companies employ over 597 employees, have raised $3.6M capital, and serve over 897 customers around the world.
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
Authoring and Publishing Software
The complete audio management solution for podcast and radio stations
Content Management Systems
The only all-in-one SaaS digital platform that fully integrates Web Content Management, eCommerce, Intranet & Marketing on one managed platform.
Workforce Management Software
White labelled workforce management technology
Airfare Comparison Website
Information Technology Software
Wisenet offers a student management system that suits all training applications and registered training organisations. Let's help your private education institution.
Leave manual spreadsheets behind, start making calculating sales comp a snap, and get your sales force motivated. Try our Sales Commission Software today.
The biggest community for Brokers in Australia
Learn Web Application Hacking
Collaboration & Productivity Software
All-in-one collaboration, without the bullshit.
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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.