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List of the largest SaaS companies in Hanover, Germany

Top SaaS Companies in Hanover

These are the top SaaS companies in Hanover, Germany. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Hanover by featuring these 8 companies with combined revenues of $17.3M.

Together, Hanover SaaS companies employ over 276 employees, have raised $3.3M capital, and serve over 2M customers around the world.

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Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


02
sO
smapOne

Information Technology Software

Provider of a software designed to help users to capture all data, paperless and secure. The company's software makes it easy for companies to get started in digital transformation and people turn their ideas into applications quickly and easily to make their everyday lives more efficient and enjoyable, enabling businesses to work efficiently.

$4M
-
-
53
2015
Germany
03
H
Hrizons

Professional Services Providers

Provider of cloud-based human resources management services intended to automate HR operations in an organization. The company's services help clients automate, optimize and reform their existing HR systems enabling businesses to make their organization more competitive and successful by optimizing processes for attracting, deploying, engaging and developing talent with cloud systems.

$3M
-
-
33
2006
United States
04
VC
VisCircle

3D Technology Software

A SaaS solution to create realtime 3D content and connect it to e-commerce plattforms in an easy and intuitive way.

$2M
-
-
36
2013
Germany
05
LAGH
Legal Analytics GmbH

Artificial Intelligence Software

SaaS Contract Review

$2M
$166K
-
47
2020
Germany
06
APPVISORY
APPVISORY

Software as a Service Platform(SaaS)

mediaTest digital offers enterprises with SaaS solutions that focus on mobile application risk management and productivity. mediaTest digital offers APPVISORY, a cloud-based mobile application management service. The company offers TRUSTED APP, a seal that guarantees data security and privacy of mobile applications. It also offers Application Security Center, an application management and development platform. mediaTest digital was founded by Kai Haller, Tobias Berlin, and Sebastian Wolters in July 2012. It is based in Hanover, Germany.

$2M
$3M
2M
12
2012
Germany
07
1
12booked.com

Information Technology Software

Make an appointment with a single message (SaaS for B2B2C)

$572K
-
-
10
2017
Germany
08
c
cruisewatch.com

Travel Software

Provider of an online cruise information portal intended to help people to find the right cruise. The company's portal offers relevant cruise deal by utilizing next-generation price monitoring system with the help of big data algorithms and highlights the cruises ratio of quality and price, enabling users to monitor prices and book suitable cruises as per their requirement.

$519K
-
100K
10
2016
Germany
1 - 8 of 8

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.