Top SaaS Companies in Belgium

List of the largest SaaS companies in Belgium (Click to apply)

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 31 companies with combined revenues of $219.3M.

Together, Belgium SaaS companies employ over 3K employees, have raised $192.4M capital, and serve over 21K customers around the world.

$0 - $1M ARR
  1. Virteo $1.0M
  2. Akti $1.0M
  3. StoryChief $480.0K
$1M - $5M ARR
  1. Limecraft $3.7M
  2. Prezly $3.2M
  3. Geniebelt $1.2M
  4. Tilroy $1.1M
$5M - $10M ARR
    $10M+ ARR
    1. Showpad $78.0M
    2. Collibra $39.6M
    3. Odoo Sa $31.2M
    4. Actito $21.0M
    1. 01
      Showpad

      Showpad

      CRM and Related Software

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

      $78.0M

      $90.0M

      1K

      478

      2011

      Belgium

    2. 02
      Collibra

      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.

      $39.6M

      $75.0M

      200

      710

      2008

      Belgium

    3. 03
      Selligent-Marketing Cloud

      Selligent-Marketing Cloud

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

      $34.7M

      413

      1990

      Belgium

    4. 04
      Odoo Sa

      Odoo Sa

      Open Source Business Apps

      $31.2M

      $12.0M

      11K

      800

      2005

      Belgium

    5. 05
      Actito

      Actito

      CRM and Related Software

      We do Agile Marketing Automation

      $21.0M

      $1.0M

      700

      180

      2002

      Belgium

    6. 06
      Limecraft

      Limecraft

      Content Management Systems

      Cloud-based video asset management for television and film producers

      $3.7M

      $1.1M

      62

      14

      2010

      Belgium

    7. 07
      Prezly

      Prezly

      CRM and Related Software

      Prezly transforms the way brands do corporate communications. Get beautiful newsrooms and email contacts in seconds with the only all-in-one PR Software.

      $3.2M

      300

      18

      2014

      Belgium

    8. 08
      Geniebelt

      Geniebelt

      Vertical Industry Software

      Simple and affordable construction project management software & mobile phone app. Streamline your construction projects by starting your free trial today.

      $1.2M

      $4.0M

      200

      139

      2013

      Belgium

    9. 09
      Tilroy

      Tilroy

      CRM and Related Software

      Tilroy is a Retail omnichannel SaaS

      $1.1M

      350

      15

      2015

      Belgium

    10. 10
      Virteo

      Virteo

      VIRTEO is een onafhankelijk online platform dat credit managers toelaat om rechtstreeks met verschillende advocaten, gerechtsdeurwaarders en incassokantoren te werken, in een efficiënt, transparant en GDPR compliant proces, zonder complexe IT implicati...

      $1.0M

      $4.0M

      15

      2013

      Belgium

    1-10 of 31

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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.