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Top SaaS Companies in Greece

List of the largest SaaS companies in Greece (Click to apply)

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 35 companies with combined revenues of $43.2M.

Together, Greece SaaS companies employ over 626 employees, have raised $580.0K capital, and serve over 1K customers around the world.

$0 - $1M ARR
  1. Agroknow $853.5K
  2. hubfolio $728.3K
  3. Sensorflare PC $705.2K
  4. Helvia $696.9K
  5. Clio Muse Tours $681.4K
$1M - $5M ARR
  1. Intale $2.0M
  2. ContactPigeon $1.8M
  3. Convert Group $1.6M
  4. 4 Property $1.5M
  5. Retail Link $1.4M
$5M - $10M ARR
  1. Enter soft $9.3M
$10M+ ARR
  1. Majar - Matzaridis Bros $12.0M
All companies$0 - $1M ARR$1M - $5M ARR$5M - $10M ARR$10M+ ARR
Click to add your company (apply)
  1. 01
    Majar - Matzaridis Bros

    Majar - Matzaridis Bros

    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.

    $12M

    —

    —

    15

    1994

    Greece

  2. 02
    Enter soft

    Enter soft

    E-Commerce Software

    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.

    $9M

    —

    —

    220

    2002

    Greece

  3. 03
    Intale

    Intale

    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

    $2M

    $3M

    —

    26

    2013

    Greece

  4. 04
    ContactPigeon

    ContactPigeon

    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, ena

    $2M

    —

    —

    22

    2014

    Greece

  5. 05
    Convert Group

    Convert Group

    Analytics Software

    Data & Analytics | Market Intelligence & Consulting|Data provider in Consumer Healthcare and FMCG eCommerce

    $2M

    $1M

    78

    55

    2014

    Greece

  6. 06
    4 Property

    4 Property

    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

    $1M

    —

    —

    17

    2004

    Greece

  7. 07
    Retail Link

    Retail Link

    Retail Software

    [email protected] (Entersoft Group of Companies) is an independant Software as a Service Provider, offering value-adding services which focus in the following three directions: •e-Invoicing and e-archiving •Electronic Data Interchange (EDI) •Collaborative

    $1M

    —

    —

    31

    2003

    Greece

  8. 08
    Opencomm

    Opencomm

    Customer Service Software

    Opencomm is a next generation provider of business communication applications, systems and services focused entirely on serving the needs

    $1M

    —

    —

    14

    2006

    Greece

  9. 09
    Eberus

    Eberus

    E Commerce Software

    $1M

    —

    —

    17

    2017

    Greece

  10. 10
    Metavallon

    Metavallon

    Development 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. Towa

    $1M

    —

    —

    13

    2011

    Greece

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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.