Top SaaS Companies in Brazil

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

These are the top SaaS companies in Brazil. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Brazil by featuring these 215 companies with combined revenues of $2.0B.

Together, Brazil SaaS companies employ over 25K employees, have raised $17.0M capital, and serve over 83K customers around the world.

$1M - $5M ARR
  1. Anota AI $5.0M
  2. Send4 $4.9M
  3. Vindi $4.8M
  4. NectarCRM $4.6M
  5. Siteware $4.6M
$5M - $10M ARR
  1. Convenia $10.0M
  2. Leads2b $9.8M
  3. D1 $9.6M
  4. Kenoby $9.5M
$10M+ ARR
  1. TOTVS $951.0M
  2. 99 $202.3M
  3. Take $62.0M
  1. 01
    TOTVS

    TOTVS

    Computer Software

    Totvs S.A., a software, services and technology company. It develops and markets software solutions which include enterprise resource planning software, customer relationship management software, and supply chain management software. The Company develops e

    $951M

    11K

    1983

    Brazil

  2. 02
    99

    99

    Software as a Service Platform(SaaS)

    A 99 é uma empresa brasileira de tecnologia fundada em 2012, que hoje faz parte da Companhia global Didi Chuxing, a maior plataforma de conveniência e transporte por aplicativo do mundo! Por aqui, a nossa missão é construir a melhor jornada para os usu

    $202M

    2K

    2012

    Brazil

  3. 03
    Take

    Take

    Information Technology & Services

    Take was founded in 1999 with the purpose to take mobile internet to people's lives. We grew with mobile technologies, and have been in the Latin American messaging market for more than 19 years! In 2016 we launched BLiP, a professional platform to build,

    $62M

    738

    1999

    Brazil

  4. 04
    Contabilizei

    Contabilizei

    Accounting and Finance Software

    Developer of an online accounting platform intended to offer tax reporting and accounting automation services. The company's SaaS-based platform replaces manual accounting practices with a proprietary web and mobile-enabled service, enabling small and medi

    $51M

    607

    2010

    Brazil

  5. 05
    Plataforma de Educação na Internet

    Plataforma de Educação na Internet

    Education Software

    SAS é uma Plataforma de Educação presente em mais de 860 escolas em todo o Brasil. Iniciamos nossa história em 2004 e hoje atendemos milhares de alunos. Este crescimento só tem sido possível graças à nossa Gente. Um time que tem propósito e acredi

    $51M

    605

    2003

    Brazil

  6. 06
    Beedoo Edtech

    Beedoo Edtech

    Software as a Service Platform(SaaS)

    Deixe a comunicação fluir e o engajamento acontecer. Torne a comunicação e capacitação de suas equipes mais ágil, produtiva e eficiente. BeeDoo é uma plataforma customizável para comunicação e capacitação on-line dos colaboradores do setor de

    $37M

    440

    2016

    Brazil

  7. 07
    Vitta

    Vitta

    Innovation Intelligence Software

    Para empresas e startups. Finalmente um plano de saúde sem asteriscos, com telemedicina e atendimento 24/7. Conheça a Vitta!

    $33M

    368

    2014

    Brazil

  8. 08
    Superlógica Tecnologias Ltda.

    Superlógica Tecnologias Ltda.

    Software as a Service Platform(SaaS)

    Superlógica é um sistema de gestão financeira completo para empresas e instituições que cobram assinaturas e mensalidades, como imobiliárias, administradoras de condomínios, SaaS (Software as a Service), instituições de ensino, escolas e cursos li

    $30M

    356

    2001

    Brazil

  9. 09
    Olist

    Olist

    E-Commerce Software

    Olist has developed the fastest-growing retailer empowerment tool in Brazil that generates solutions to help sellers find buyers, positively impacting thousands of companies from micro and small businesses to major brands in the market.

    $27M

    $137M

    25K

    593

    2015

    Brazil

  10. 10
    ProJuris

    ProJuris

    Artificial Intelligence Software

    $22M

    261

    2010

    Brazil

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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.