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 153 companies with combined revenues of $563.5M.

Together, Belgium SaaS companies employ over 9K employees, have raised $192.4M capital, and serve over 1M customers around the world.

$0 - $1M ARR
  1. StriveCloud $936.2K
  2. Codific $935.2K
  3. Growzer $840.0K
$1M - $5M ARR
  1. Unifly $4.9M
  2. Spencer $4.8M
  3. Voxbone $4.8M
  4. Wooclap $4.5M
  5. iFacto $4.2M
$5M - $10M ARR
  1. Soulco $6.0M
$10M+ ARR
  1. Showpad $78.0M
  2. Ethias $73.8M
  3. Collibra $39.6M
  4. Odoo Sa $31.2M
  1. 01
    Showpad

    Showpad

    Sales Software

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

    $78M

    $160M

    1K

    478

    2011

    Belgium

  2. 02
    Ethias

    Ethias

    Application Development Software

    $74M

    1M

    1K

    2009

    Belgium

  3. 03
    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.

    $40M

    $346M

    200

    710

    2008

    Belgium

  4. 04
    Selligent-Marketing Cloud

    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

    413

    1990

    Belgium

  5. 05
    Odoo Sa

    Odoo Sa

    CRM and Related Software

    Open Source Business Apps

    $31M

    $104M

    11K

    800

    2005

    Belgium

  6. 06
    TOPdesk

    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 overv

    $24M

    858

    1993

    Belgium

  7. 07
    Software Developments

    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 med

    $23M

    393

    2000

    Belgium

  8. 08
    Actito

    Actito

    CRM and Related Software

    We do Agile Marketing Automation

    $21M

    $1M

    700

    180

    2002

    Belgium

  9. 09
    Deliverect

    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 manag

    $14M

    $89M

    167

    2018

    Belgium

  10. 10
    Teamleader

    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 u

    $13M

    $37M

    177

    2012

    Belgium

1-10 of 153

Next

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.