These are the top SaaS companies in Israel. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Israel by featuring these 466 companies with combined revenues of $1.3B.
Together, Israel SaaS companies employ over 16K employees, have raised $5B capital, and serve over 201M customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Project Management Software
monday.com is a tool that simplifies the way teams work together - Manage workload, track projects, move work forward, communicate with people - Adopt a management tool that people actually love to use, one that's fast, beautiful, easy to use and makes...
Information Technology Software
Medidata Solutions is a global provider of a platform of cloud-based services for life sciences. The company provides cloud-based services for clinical research in life sciences, offering platform technology that focuses on the clinical development. It was founded in 1999 and is headquartered in New York, United States. The company's strategy is to enable its customers to bring their new and enhanced medical treatments to the public quickly, efficiently and safely by providing a platform that uses innovative technology to automate, streamline, support and enhance clinical development activities through organic growth and strategic acquisitions.
Checkmarx is a provider of static application security testing modules. The company provides an application which is used to check internal and external compliance requirements, developing and hosting platform guidelines and other criteria during the software development process. It was founded in 2006 and is headquartered in Paramus, New Jersey. The company seeks to expand its core operations through mergers and acquisitions.
Artificial Intelligence Software
Provider of a cloud-based platform intended to offer complex and large-scale transportation operations. The company's platform creates an operational plan and schedule that orchestrates the movements of every vehicle and driver in a city-wide transportation ecosystem, choosing the best options available to transit operators and agencies, enabling passengers to avail better services and transportation operators to operate at lower operating costs.
Aqua Security is the largest pure-play cloud native security company, providing customers the freedom to innovate and run their businesses with minimal friction. The Aqua Cloud Native Security Platform provides prevention, detection, and response automation across the entire application lifecycle to secure the build, secure cloud infrastructure and secure running workloads wherever they are deployed.
Hibob offers a mission critical, cloud-based human resources platform that allows companies to streamline HR processes and engage top talent
Perimeter 81 is a Network-as-a-Service designed to secure network for the modern and distributed workforce.
Provider of a community-powered virtual private network designed to offer a secure internet. The company's services help to browse the web without censorship and to watch videos with less buffering and faster start time, enabling consumers to make the web accessible for all, by sharing idle resources.
Financial Services Software
global venture investing platform
Delivery Service Software
Bringg is a delivery logistics solution, providing enterprises with an efficient way to manage their complex delivery operations. Different brands use the company's SaaS-based platform which offers the real-time capabilities they need in order to achieve logistical excellence across their delivery ecosystem. Companies from the retail, grocery, restaurant, consumer goods, services, logistics, and healthcare industries use Bringg‚Äôs technology to help them streamline their logistical operations for peak efficiency and create perfect delivery experiences for their customers. By using the platform, they can establish successful cost-effective operations that balance the needs of all the participants in their delivery ecosystem - from management at headquarters, through the teams in the field, and all the way to the end-customers who are at the heart of the entire process. Bringg was founded by Raanan Cohen and Lior Sion in 2013 and is based in Chicago, Illinois.
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.