These are the top SaaS companies in Graz, Austria. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Graz by featuring these 6 companies with combined revenues of $8.7M.
Together, Graz SaaS companies employ over 139 employees, have raised $27M capital, and serve over 304K customers around the world.
Knowledge Management Software
Provider of enterprise content management software designed to facilitate the smooth transfer and management of information. The company's software manages all relevant information of an organization including, office documents, e-mail, blogs, wikis, processes, intranet, extranet, file systems, websites, enabling businesses to reach decisions faster, to develop traceable decision-making processes and to communicate more efficiently.
Ranorex Studio is a GUI test automation framework provided by Ranorex GmbH, a software development company.
Collaboration & Productivity Software
Provider of a unified communication platform designed to include unlimited participants in group video calls. The company's platform is a next-generation communication software offering a possibility to connect unlimited participants in a video-meeting so that anyone can switch to an active role at any time, enabling users to communicate with a group of people in a hassle-free manner.
CRM and Related Software
Helping apps and games being found
Developer of a cloud storage software. The company's platform enables businesses to monitor, control and secure the usage of their cloud storages.
The easiest way to fix your website‚Äôs usability problems. Weekly videos of people using your website on desktop and mobile devices while thinking aloud.
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.