Top SaaS Companies in Croatia

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

These are the top SaaS companies in Croatia. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Croatia by featuring these 14 companies with combined revenues of $237.2M.

Together, Croatia SaaS companies employ over 1K employees, have raised $26.0M capital, and serve over 2K customers around the world.

$0 - $1M ARR
  1. MyRent $632.7K
  2. Zipato $507.4K
  3. StoryPad $386.1K
  4. Vollo $260.6K
  5. Actionmint $208.1K
$1M - $5M ARR
  1. AMODO $3.8M
  2. Worcon $1.1M
$5M - $10M ARR
  1. Serengeti $7.7M
  2. Oradian $7.2M
$10M+ ARR
  1. Gong $180.0M
  2. IN2 Group $28.5M
  1. 01
    Gong

    Gong

    Call Tracking Software

    Generate more revenue by having better sales conversations with the #1 conversation intelligence platform for sales|Generate more revenue by having better sales conversations with the #1 conversation intelligence platform for sales.

    $180M

    $583M

    2K

    649

    2016

    Croatia

  2. 02
    IN2 Group

    IN2 Group

    Development Software

    Provider of software as a service. The company provides computer software, supplies and services.

    $29M

    327

    1992

    Croatia

  3. 03
    Serengeti

    Serengeti

    Office Software

    It was founded in 2007 and has been continuously growing in terms of revenue, employee count, and level of expertise. Because of our distinctive engagement model, we have become a valued partner for companies in financial, logistics, energy, healthcare, an

    $8M

    121

    2007

    Croatia

  4. 04
    Oradian

    Oradian

    Retail Software

    Developer of a cloud-based microfinance software created to empower the delivery of financial services to the underserved and unbanked. The company's microfinance software provides micro finance Institutions (MFIs) in countries with underdeveloped banking

    $7M

    86

    2012

    Croatia

  5. 05
    Microblink

    Microblink

    Development Software

    Microblink is a research and development company focused on machine vision technology for mobile devices.

    $7M

    61

    2013

    Croatia

  6. 06
    AMODO

    AMODO

    nformation Technology & Services

    Developer of an insurance telematic platform designed to build direct digital channels and create new products. The company's online car insurance telematic platform leverages driving analytics and generates advanced driving behavior and driving pattern re

    $4M

    45

    2013

    Croatia

  7. 07
    Worcon

    Worcon

    Manufacturing

    B2B marketplace & industry magazine connecting industry buyers with suppliers in manufacturing & CNC machining industry.

    $1M

    13

    2017

    Croatia

  8. 08
    MyRent

    MyRent

    Enterprise Software

    $633K

    8

    2015

    Croatia

  9. 09
    Zipato

    Zipato

    Security Software

    Developer of a cloud based home automation system designed to provide home security services. The company's system provides extensive monitoring and alerting services in case of fire, burglary, flood or gas leakage and facilitates complete control over hom

    $507K

    17

    2010

    Croatia

  10. 10
    StoryPad

    StoryPad

    Software as a Service Platform(SaaS)

    StoryPad is the new cloud start-up which dramatically changes the storytelling process to customers through tablets (iPad and Android). Up until now everyone presented their company and ideas through static presentations, brochures and other promotional ma

    $386K

    6

    2015

    Croatia

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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.