Top SaaS Companies in Brussels

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

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.

$0 - $1M ARR
  1. TagTagCity $730.1K
  2. Yuman $538.8K
  3. itinari $399.7K
  4. Data.be $216.5K
  5. Marker.io $158.9K
$1M - $5M ARR
  1. Voxbone $4.8M
  2. Skipr $4.1M
  3. ANYTIME $3.7M
  4. Kiala $2.6M
  5. 15gifts $2.1M
$5M - $10M ARR
$10M+ ARR
    1. 01
      MobileXpense

      MobileXpense

      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

      $9M

      $24M

      124

      2000

      Brussels

    2. 02
      Voxbone

      Voxbone

      Enterprise Software

      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

      $5M

      $1M

      157

      2005

      Brussels

    3. 03
      Skipr

      Skipr

      Business Management Software

      Skipr is a mobility SaaS solution for professionals

      $4M

      $8M

      42

      2019

      Brussels

    4. 04
      ANYTIME

      ANYTIME

      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

      $4M

      $11M

      64

      2012

      Brussels

    5. 05
      Kiala

      Kiala

      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.

      $3M

      $52M

      52

      2001

      Brussels

    6. 06
      15gifts

      15gifts

      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

      $2M

      52

      2009

      Brussels

    7. 07
      SatADSL

      SatADSL

      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-

      $2M

      21

      2010

      Brussels

    8. 08
      TagTagCity

      TagTagCity

      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

      $730K

      12

      2011

      Brussels

    9. 09
      Yuman

      Yuman

      Software As A Service Platform(Saas)

      $539K

      7

      2018

      Brussels

    10. 10
      itinari

      itinari

      Travel Software

      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

      $400K

      18

      2016

      Brussels

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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.