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List of the largest SaaS companies in Chile

Top SaaS Companies in Chile

These are the top SaaS companies in Chile. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Chile by featuring these 111 companies with combined revenues of $205.6M.

Together, Chile SaaS companies employ over 3K employees, have raised $565M capital, and serve over 404M customers around the world.

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Highlights

Top SaaS Companies with $10M+ ARR


02
B
Buk

Document Management Software

Buk manages the payroll more effectively, provides powerful performance reports and offers the best talent management tools.

$13M
$50M
4K
229
2016
Chile
03
L
Lemontech

Vertical Industry Software

Developer of SaaS platform designed to help lawyers and law firms manage their time and cases. The company's product allows law firms and lawyers to accurately track their time allocation per engagement, providing flexible billing methods (retainer, by the hour, etc) and to gain valuable insights and reporting on firm productivity, enabling them to better manage their resources.

$10M
-
1K
115
2003
Chile
04
N
Nubox

Information Technology Software

Developer of SaaS-based software services designed to digitize the accounting information of companies. The company's software simplifies and automates key business tasks such as accounting, payroll, and e-Invoicing services both to accountants and companies seeking automation capabilities for their administrative functions.

$8M
-
15K
206
2001
Chile
05
FRACTTAL
FRACTTAL

Monitoring Software

Provider of a cloud-based enterprise asset management software intended to manage the maintenance of business assets. The company's asset management software monitors the conditions of business assets in real-time by connecting all the business assets to the internet and converting the information gathered into relevant actions, enabling enterprises to be more productive, avoiding failures and reducing the costs.

$7M
-
-
82
2014
Chile
06
OI
Odd Industries

Artificial Intelligence Software

Odd builds Odd Vision, a computer vision platform that transforms offline processes into online data without friction.

$6M
$6M
-
71
2018
Chile
07
T
Tuten

Information Technology & Services

Developer of a personal assistant application designed to help accomplish domestic tasks by being connected to service providers. The company's application connects its users with local expert professionals capable of rendering on-demand household tasks such as plumbing, electric fittings, gardening, washing and dusting, enabling users to schedule independent contractors for domestic services and pay for them online.

$5M
-
-
62
2015
Chile
08
L
Lirmi

EdTech Software

Lirmi transform your School with the best educational platform.

$5M
-
-
67
2014
Chile
09
WL
Webdox Legal

Information Technology & Services

Webdox ha desarrollado la solución definitiva para la gestión de documentos legales para todo tipo de instituciones. Es la única empresa en el mercado enfocada 100% en la gestión integral de documentos legales y contratos, para lo cual desarrolló una innovadora solución, fácil de usar y con tecnología de punta. Somos una empresa multidisciplinaria compuesta por profesionales y técnicos, tanto del área legal como del área informática, enfocada en ofrecer la solución definitiva para la gestión de documentos legales para todo tipo de instituciones. Asimismo, Webdox está respaldado por el compromiso de inversionistas de primer nivel, claves para el desarrollo y crecimiento a largo plazo de esta empresa.

$5M
-
180
61
2012
Chile
10
T
Tutenlabs

Digital Analytics Software

Tuten effortlessly connects busy consumers with high-quality service providers in Latin America. Our on-demand platform helps millions get their chores done, while providing free training and creating thousands of better paid, more flexible, local jobs. Try Tuten today and experience an easier way to live!

$5M
-
-
60
2015
Chile
1 - 10 of 110Next

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.