These are the top SaaS companies in Heverlee, Belgium. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Heverlee by featuring these 2 companies with combined revenues of $2.6M.
Together, Heverlee SaaS companies employ over 52 employees, have raised $0 capital, and serve over 2M customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Digital Marketing Solutions
Twipe is a Belgian technology company based in Leuven. We offer a state-of-the-art digital publishing and analytics SaaS platform, used by leading newspapers across Europe. We are innovation and technology leaders in the area of digital edition based publishing. We help newspapers including The Times, Le Monde and Ouest-France grow their subscription and reader revenues. Every month 8 million digital editions are downloaded from our platform. Our innovation capability has been recognised by Google, which has granted Twipe funding from its Digital News Initiative fund three times already. We are actively investing in machine learning and artificial intelligence to understand and predict reader preferences and optimize their reading experiences. To fuel our international growth, we look for talented people in business development and software engineering who share our passion for mobile technologies, innovation, and the future of news. We offer an entrepreneurial environment in which y
Information Technology Software
Developer of a safety assessment tool and software designed to reduce traffic victims. The company's cloud-based tool assesses the safety of driven or simulated scenarios, reports on risk and safety key performance indicator and violations as well as its safety co-pilot software evaluates the autopilot's planning and decisions and provides protection guarantees on the behavior of vehicles, enabling clients to be safe and secured while driving.
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.