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List of the largest SaaS companies in France

Top SaaS Companies in France

These are the top SaaS companies in France. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for France by featuring these 1,052 companies with combined revenues of $11.9B.

Together, France SaaS companies employ over 69K employees, have raised $9.4B capital, and serve over 1B customers around the world.

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Highlights

11
$52M
$238M
55K
712
2007
France
12
SAI
Spectral Augmented Industries

Software as a Service Platform(SaaS)

Spectral Augmented Industries offers an internal SaaS platform for augmented maintenance.

$51M
$2M
-
26
2018
France
13
PRIMASOLUTIONS
PRIMA SOLUTIONS

Insurance Software

Prima Solutions is a global InsureTech group in Europe, North America and Asia Pacific that designs software.

$45M
$4M
300
329
2000
France
14
M
Metsys

Digital Marketing Solutions

A computer engineering services company, METSYS is positioned on the market as an integrator of high added value infrastructure solutions.

$42M
$357K
40K
220
2011
France
15
P
Papernest

Information Technology Software

Developer of a Saas based platform designed to facilitate the transfer of contracts. The company's platform offers subscribers free of charge all administrative procedures related to the transfer of insurance, electricity, gas, telephone and internet, enabling users to subscribe their box, insurance and energy subscriptions in one go, free of charge and without paper.

$42M
$12M
600K
514
2015
France
16
P
Platform.sh

DevOps Software

SNCF Development is a subsidiary of economic development and supporting entrepreneurship of SNCF.

$40M
-
-
215
2009
France
17
A
Arkena

Broadcasting Software

Arkena is a media service company that offers video hosting, content delivery, media asset management, linear, and professional services.

$40M
-
930M
480
2014
France
18
KDS
KDS

Travel Software

Provider of a SaaS platform intended to offer online business travel booking and expense management services. The company's SaaS platform provides an end-to-end travel booking and expense tool that gives pre-populated expense reports, enabling users account for total cost of trip, even before booking.

$39M
$13M
1M
487
1994
France
19
N
Neoxam

Database Software

NeoXam is a provider of financial-service software products. It provides asset management and capital markets firms with cost-efficient, proven and mission-critical solutions. The company offers NX GP3, an investment accounting solution for banks, fund administrators, institutional asset managers, institutional investor services providers, social security funds or pension funds, NX Compliance, a solution that provides asset management firms with real-time centralized compliance monitoring from order creation to NAV calculation, NX Manager, a multi-asset investment solution that helps buy-side management firms to manage the investment process and NX Density, an integrated front to back-office solution primarily for medium sized asset managers. The company was founded in 2014 and is headquartered in Paris, France. The company seeks to acquire businesses through mergers, acquisitions and investments which would help the firm expand and consolidate its presence in the financial services se

$38M
-
10K
453
1989
France
20
LA
LumApps

Collaboration & Productivity Software

LumApps is a social, mobile, and smart intranet to connect and engage all employees in a central hub. It opens enterprise communications with a social and corporate intranet that employees love and use, to create a great digital workplace. Fully integrated with major collaborative suites like Google G Suite and Microsoft Office 365, LumApps gives access to all enterprise resources in one place: corporate news, personalized news feed, work applications and social communities. and trust. LumApps works with organizations of all sizes and sectors to ensure business success through innovative digital cloud-based solutions. LumApps solutions support companies in their digital transformation and help build value through healthy work relationships. LumApps providing a single access point for personalized content, work applications and social communities and helps employees to work more efficiently, collaborate smarter and connect with coworkers. LumApps was founded in 2012 and is based in Tassin, France with offices in San Francisco, New York, London, Paris, Tokyo and historical headquarters in Lyon.

$36M
$102M
30M
252
2012
France
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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.