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List of the largest SaaS companies in Bahrain

Top SaaS Companies in Bahrain

These are the top SaaS companies in Bahrain. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Bahrain by featuring these 7 companies with combined revenues of $7.4M.

Together, Bahrain SaaS companies employ over 126 employees, have raised $1.2M capital, and serve over 20K customers around the world.

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Highlights

Top SaaS Companies with $1 - $5M ARR


Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


01
CTM
CTM360

Information Technology Software

Provider of a cloud based cyber threat management platform intended to provide cyber risk detection, analysis and mitigation services. The company's cyber threat management platform identifies cyber threats, conducts analysis on impact and connects the dots across multiple incidents, enabling enterprises to tackle evolving cyber threats on a real-time basis..Hi. Providing accurate updates for CTM360. Please update the category to "Security Software." You may reach out to arsalan@ctm360.com for additional verification. Thanks

$4M
$1M
220
65
2014
Bahrain
02
S
Skiplino

Enterprise Software

Provider of cloud-based queue management services. The comapny designs and develops a queue management application that allows companies with a reputation for bad queues to manage client wait times.

$1M
-
-
31
2015
Bahrain
03
S
Springring

Education Software

Developer of a cloud-based platform intended to tackle communication management for schools. The company's platform links education platforms used within schools, thereby providing educational institutions with a central hub for all its communication needs.

$933K
$232K
-
11
2018
Bahrain
04
T
Tamarran

Sports

Our passion for sports & wellbeing is big. Our aim to share this passion with the world is even bigge

$762K
-
20K
9
2017
Bahrain
05
TCT
Time Control Technologies

Human Resources

Provider of workforce management automation services intended for construction projects. The company's services include elaboration of automated monthly, daily and quarterly timesheets, payroll processing, productivity monitoring and control, enabling clients to enhance their operational efficiency.

$316K
-
-
7
2018
Bahrain
06
H
Hayatech

Health

Provider of a software as a service platform designed to incentivize active lifestyles. The company's platform is a connected hardware platform that builds an ecosystem around wellness through wearable, gamification and rewards, enabling corporates to convert into healthy communities and empowering wellness brands to build true loyalty.

$102K
-
-
2
2019
Bahrain
07
E
Exa.io

Developer of a cloud-based data processing acceleration service designed for animation studios and freelancers. The company's services offer 3D rendering for animation studios and architectural houses by turning basic 3D models from wireframes into elaborate scenes complete with textures and lighting effects, enabling animators to enjoy a 100x speedup in the rendering process without incurring the fixed costs of building an expensive in-house rendering farm.

$59K
-
-
1
2012
Bahrain
1 - 7 of 7

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.