These are the top SaaS companies in Oulu, Finland. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Oulu by featuring these 7 companies with combined revenues of $4.9M.
Together, Oulu SaaS companies employ over 120 employees, have raised $2.6M capital, and serve over 15K customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Customer Success Software
PMsphere is a Product Management and Customer Success company. We assist hundreds of companies in Leading successful products and business. Our innovative approach includes courses, workshops, consulting, services, recruitment, and a growing community of more than 10,000 Product Managers, Entrepreneurs, Executives and Customer Success Managers. Industries: B2B, B2C, SaaS, Cyber, Healthcare, Fintech, Gaming, IoT, AdTech and more We are always excited to meet new people, experience new products and hear about new challenges. Â Contact us firstname.lastname@example.org and let us help you with your product adventures.
Data Science And Machine Learning Platforms
Provider of solutions designed for building cloud, on-premise and live cognitive video systems. The company's technology platform provides analytics and content profiling tools intended for bringing forward new ways of monetizing video and also provides structured metadata for video summarization and content management, enabling clients to create audiovisual content with visual recognition systems.
Developer of engineering software. The company designs and develops prefabrication and production control software for engineering firms. Its products include Nestix MES, Nestix Cutting, Nestix SSC, Nestix ME and Nestix SHIP.
Provider of real-time locating system designed to monitor patients. The company's real-time locating system is based on Bluetooth low energy and cloud technologies covering a wide range of application requirements in one system, enabling healthcare professionals to focus on patient care by automating routine tasks.
Provider of software services for businesses. The company provides heavy-duty off-the-shelf-appointment system, which is used in many sectors, such as health care, regulatory actions, as well as the financial sector.
Digital Advertising Platforms
Provider of mobile marketing services intended to provide personal mobile targeting. The company's mobile marketing services provides exclusive offers, store locations, and advertisement pop ups, enabling business to target potential customers.
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.