logo
logo
Curve
List of the largest SaaS companies in Belgium

Top SaaS Companies in Belgium

These are the top SaaS companies in Belgium. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Belgium by featuring these 176 companies with combined revenues of $851.5M.

Together, Belgium SaaS companies employ over 9K employees, have raised $1.5B capital, and serve over 48M customers around the world.

Divider

Highlights

02
C
Collibra

It Infrastructure Software

Learn how Collibra, the leader in data governance, makes it easy for all data citizens to find, understand, and trust their data. Request a demo now.

$147M
$596M
200
667
2008
Belgium
03
S
Showpad

Sales Software

Showpad delivers the most intuitive sales enablement platform to make content incredibly easy to find, present, share, and measure.

$85M
$160M
1K
409
2011
Belgium
04
E
Ethias

Application Development Software

$74M
-
1M
1K
2009
Belgium
05
SMC
Selligent-Marketing Cloud

Marketing Automation Software

Selligent Marketing Cloud is a sophisticated B2C marketing platform that empowers ambitious relationship marketers to maximize every moment they engage with consumers.

$35M
-
60K
385
1990
Belgium
06
TOP
TOPdesk

Service Industry

Developer of Saas based service management software intended to improve customer communication, manage workflows and keep track of assets. The company's service management software streamlines IT support and manages all facilities services with clear overviews, personal to do lists and planners, enabling businesses to manage and raise their service levels and reduce workload.

$24M
-
10M
858
1993
Belgium
07
A
Actito

Marketing Automation Software

We do Agile Marketing Automation

$24M
$900K
700
282
2002
Belgium
08
SD
Software Developments

Information Technology Software

Developer of ERP software intended to improve business productivity. The company's software helps in the end-to-end integration of business information in managing accounts, cash flow, bank reconciliation and various other financial processes, enabling medium-sized companies, and IT and infrastructure organizations to improve their work efficiency at a lower cost.

$23M
-
-
393
2000
Belgium
09
D
Deliverect

Computer Software

Developer of an online ordering management platform designed to connect the food delivery service providers. The company's platform acts as a central hub between food delivery service providers and restaurants around the globe, enabling businesses to manage seamless connections to all the leading delivery services companies.

$14M
$239M
10K
324
2018
Belgium
10
T
Teamleader

CRM and Related Software

Teamleader, headquartered in Belgium, is a software company helping companies manage their data in the cloud. With currently over 7000 paying customers, the company has grown exponentially last year and is gearing up for significant expansion. An easy to use, clean interface combined with reasonable pricing and lots of integrations makes Teamleader the perfect solution. To see how Teamleader works, visit us at teamleader.eu.

$13M
$38M
12K
169
2012
Belgium
1 - 10 of 168Next

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.