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List of the largest SaaS companies in Amsterdam, Netherlands

Top SaaS Companies in Amsterdam

These are the top SaaS companies in Amsterdam, Netherlands. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Amsterdam by featuring these 98 companies with combined revenues of $1.2B.

Together, Amsterdam SaaS companies employ over 23K employees, have raised $4.5B capital, and serve over 70M customers around the world.

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Highlights

01
$508M
$4B
19M
1K
2000
Netherlands
02
B
Backbase

Financial Services Software

Developer of a banking software designed to empower financial institutions to accelerate their digital transformation and effectively compete in a digital-first world. The company's banking software unifies data and functionality from traditional core systems and new fintech players into a seamless digital customer experience and provides financials the speed and flexibility to create and manage seamless customer experiences across any device and deliver measurable business results, enabling financial institutions to streamline their digital self-service and online sales operations across all digital touchpoints.

$211M
$128M
150
1K
2003
Netherlands
03
LHQ
Lightspeed-HQ

E-Commerce Software

Lightspeed is a point-of-sale and e-commerce software provider based in Montreal, Quebec.

$121M
$2M
34K
251
2005
Canada
04
M
Mirror42

Enterprise Software

Provider of information technology performance management services. The company provides a platform for customers to collect information from multiple IT management applications, analyze key performance indicators and metric trends.

$59M
$84M
440K
15K
2004
United States
05
S
Sherweb

Accounting And Finance Software

Keep it simple with one cloud provider. Today more than 6,000 Sherweb partners grow their business using our value-added services. Our approach is simple: help partners, no matter their size, add value to their customers by providing a tailored approach to their needs. Our expert teams support partners in positioning the best business-critical solutions. Our user-friendly partner portal, streamlined with seamless integrations to power operations, centralizes licensing, billing and migrations. Our strategic advice and consulting allows partners to take their success to the next level. With Sherweb as your trusted cloud partner, you’ll be surprised what you can achieve. Simplifiez-vous la vie avec un seul fournisseur de solutions cloud. Plus de 6 000 partenaires et 60 000 entreprises autour du globe développent leurs activités grâce aux services à valeur ajoutée de Sherweb. Nous vous soutenons à l'aide d'une expertise en matière de stratégies d’affaires, de services cloud, de gestion d’

$54M
-
-
726
1998
Netherlands
06
B
Bynder

Content Management Systems

Award-winning brand management and digital asset management software and has been voted #1 in terms of user-friendliness, support and security.

$48M
$22M
2K
336
2012
Netherlands
07
O
Ohpen

Financial Services Software

Ohpen is an out-of-the-box SaaS platform, that offers financial service providers a solution for the administration of retail mutual funds and savings accounts. The company was founded in 2009 and is headquartered in Amsterdam, Netherlands.

$23M
$49M
-
278
2009
Netherlands
08
TG
ToolsGroup

Information Technology Software

Developer and provider of SaaS supply chain planning software. The company's planning software spans demand forecasting, demand sensing, multi-echelon inventory optimization, and S&OP, aiding manufacturers, distributors, and retailers experiencing demand volatility.

$17M
-
-
211
1993
Tnetherland
09
R
Roamler

Customer Service Software

Developer of flexible workforce platform for performing location-based tasks across large areas. The company's IT architecture is designed to scale in several verticals and geographies, with first implementations in 2 specific industries: 1. field marketing in the Retail sector, and 2. in-home IoT installations and repairs. The company is currently active in most European countries such as the Netherlands, the United Kingdom, Portugal, Poland, Germany, Belgium, France, Spain, Turkey, Italy and also in Chile.

$15M
$32M
-
252
2011
Netherlands
10
WT
WeTransfer

Communication Software

WeTransfer is a provider of cloud-based file transfer services. The company offers an online file-transferring platform that enables users to transmit files that are too large to send as email attachments. It was founded in 2009 and is headquartered in Amsterdam, Netherlands. The company seeks to expand its core operations through mergers and acquisitions.

$15M
$67M
50M
249
2009
Netherlands
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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.