These are the top SaaS companies in Brussels, Belgium. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Brussels by featuring these 17 companies with combined revenues of $30.5M.
Together, Brussels SaaS companies employ over 572 employees, have raised $0.0 capital, and serve over 0 customers around the world.
Accounting And Finance Software
Developer of a SaaS-based travel and expense management software. The company's software provides an easy calculation of daily expenses in a flexible manner and simplifies the process of managing expenses, enabling clients to control their expenses on a da
Provider of cloud-based international voice over internet protocol (VoIP) services. The company offers worldwide toll-free and geographically independent telephone numbers, enabling internet communications services providers, global carriers, national oper
Business Management Software
Skipr is a mobility SaaS solution for professionals
Financial Services Software
Provider of an online banking platform intended to serve the people of Europe. The company's offers to manage bank accounts, make online payments using credit and debit cards, apply for visas and track monthly expenses without having to visit banks, enabli
Supply Chain & Logistics Software
Provider of collection points network in Europe. The company offers technological platform, which automates all transportation and delivery activities and helps provide collection points network for the delivery of parcels to end-consumers.
Conversational Intelligence Software
Developer of a decision engine platform created to help people make confident choices. The company's platform utilizes machine learning to integrate into the fabric of website and monitor customer's behaviour up to the point of engagement, enabling custome
Information Technology Software
Provider of secured satellite connectivity services intended for enterprise networks over West, Central and Southern Africa. The company's services offer professional VSAT and secure private networks via satellite with flexible subscriptions, state-of-the-
Developer of a local search engine intended to provide geolocalises cultural, touristic and interactive content. The company's search engine provides information based on a users geolocation, enabling tourism businesses to make themselves visible on map an
Software As A Service Platform(Saas)
Developer of a reference platform intended to provide guides for key travel spots across Europe. The company's platform offers a variety of itineraries, events and stories of places to visit across the continent with suggestions and guides from local peopl
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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.
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.