These are the top SaaS companies in Greece. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Greece by featuring these 37 companies with combined revenues of $42.4M.
Together, Greece SaaS companies employ over 634 employees, have raised $7.3M capital, and serve over 114K customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Top SaaS Companies with $5 - $10M ARR
Top SaaS Companies with $10M+ ARR
Digital Marketing Solutions
MAJAR is a One-Stop Shopping destination all over Greece and wider South East European markets providing integrated solutions with high-quality products from global leading manufacturers, competitive prices and comprehensive support services.
Entersoft is a provider and developer of enterprise applications. The company is engaged in the enterprise applications for medium-sized businesses in Greece. It was founded in 2002 and is headquartered in Athens, Greece.
Software As A Service Platform(Saas)
Provider of SaaS-based business intelligence and retail platform designed to manage and control warehouse, suppliers and customers. The company's platform offers a cloud retail tool which collects data and translates this into reports, thereby bridges the gap among retail industry brands, the point of sale and the end consumer, enabling small bushiness to improve and increase their daily transactions and grow their business.
Information Technology & Services
Provider of a SaaS-based data analytics and marketing automation platform designed to facilitate perfectly timed and personalized messages for each customers. The company's platform automates campaign through on-site re-targeting and live web analysis, enabling eCommerce marketers to understand customers' behavior through marketing campaigns and personalized customer segmentation.
Data & Analytics | Market Intelligence & Consulting.Data provider in Consumer Healthcare and FMCG eCommerce
Crm And Related Software
Provider of web design and property cloud solutions in Ireland. The company's services include application development, data solutions, web hosting, web marketing, web designing, web development, graphic design, real estate software package, search engine optimization, website compliancy audit, among others, providing clients with effective design, development and integration of their website with business to make it a success.
Retail@Link (Entersoft Group of Companies) is an independant Software as a Service Provider, offering value-adding services which focus in the following three directions: â€¢e-Invoicing and e-archiving â€¢Electronic Data Interchange (EDI) â€¢Collaborative Supply Chain Management Retail@Link has significant experience in the retail and FMCG industries, while rapidly expanding to other markets.
Customer Service Software
Opencomm is a next generation provider of business communication applications, systems and services focused entirely on serving the needs
E Commerce Software
Metavallon is a Non-Profit and Research Organization that empowers and accelerates startups at their very early stages. Our mission is to uplift passionate enterprising spirits around the world and generate a powerful venturing movement across Europe. Towards this, we work on the ground with budding entrepreneurs to build capacities and networks, and are active ecosystem enablers via support services to accelerators across Europe, awareness campaigns, and research. Through these activities, since 2012, Metavallon has enabled over 320 founders in their entrepreneurial endeavors. Most recent activities have focused on the European project Future Internet Business, through which Metavallon partners with 5 European organizations: EBAN, bwcon, New Factory, Media Deals and Eurescom, to provide support services to 16 FIWARE accelerators. These cutting-edge services include Investment Forums, Bootcamps, Webinars, ePitches and one-to-one online coaching sessions. We also work passionately
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.