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 15 companies with combined revenues of $177.4M.
Together, Croatia SaaS companies employ over 1K employees, have raised $26.0M capital, and serve over 57K customers around the world.
Call Tracking Software
Revenue Intelligence Platform
Provider of software as a service. The company provides computer software, supplies and services.
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
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
Microblink is a research and development company focused on machine vision technology for mobile devices.
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
B2B marketplace & industry magazine connecting industry buyers with suppliers in manufacturing & CNC machining industry.
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
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
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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.
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.