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 14 companies with combined revenues of $23.9M.

Together, Greece SaaS companies employ over 182 employees, have raised $580.0K capital, and serve over 1K customers around the world.

$0 - $1M ARR
  1. Helvia $696.9K
  2. Elorus $492.7K
  3. Alumni Reach $389.4K
$1M - $5M ARR
  1. Opencomm $1.2M
  2. Eberus $1.1M
$5M - $10M ARR
    $10M+ ARR
    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
      Convert Group

      Convert Group

      Analytics Software

      Data & Analytics | Market Intelligence & Consulting

      $2M

      $10M

      54

      2014

      Greece

    3. 03
      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

    4. 04
      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

    5. 05
      Eberus

      Eberus

      E Commerce Software

      $1M

      17

      2017

      Greece

    6. 06
      e-satisfaction

      e-satisfaction

      Customer Service Software

      $1M

      13

      2014

      Greece

    7. 07
      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

    8. 08
      CloudAccess

      CloudAccess

      Security Software

      CloudAccess provides comprehensive, cloud based security-as-a-service. We integrate multiple security assets to identity predictive anomalous behavior

      $1M

      1

      2008

      Greece

    9. 09
      Helvia

      Helvia

      HR Software

      Helvia is a tech startup that offers custom chatbot automations for a variety of use cases ranging from digital retail, job search and candidate assessment, to helpdesk support, and HR automation. Helvia brings intuitive robotic process Automation (RPA) i

      $697K

      8

      2018

      Greece

    10. 10
      Elorus

      Elorus

      Accounting and Finance Software

      Provider of an online invoicing, cash flow and billing platform intended to provide financial management for freelancers and small businesses. The company's SaaS-based online invoicing, cash flow and billing platform helps to monitor cash flow and overview

      $493K

      6

      2014

      Greece

    1-10 of 14

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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.