Top SaaS Companies in Israel

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

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 392 companies with combined revenues of $1.2B.

Together, Israel SaaS companies employ over 14K employees, have raised $388.4M capital, and serve over 160M customers around the world.

$0 - $1M ARR
  1. Webydo $990.0K
  2. Crazylister $960.0K
  3. Medorion $959.7K
  4. Proov $950.0K
$1M - $5M ARR
  1. GivingWay $5.0M
  2. Tabit $4.9M
  3. Buzzilla $4.8M
$5M - $10M ARR
  1. BriefCam $9.1M
  2. BioCatch $7.8M
$10M+ ARR
  1. Monday $236.0M
  2. Checkmarx $58.2M
  3. shopUpz $40.4M
  1. 01
    Monday

    Monday

    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...

    $236M

    $233M

    128K

    891

    2012

    Israel

  2. 02
    Medidata Solutions

    Medidata Solutions

    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

    $180M

    $20M

    2K

    2K

    1999

    Israel

  3. 03
    Checkmarx

    Checkmarx

    Security Software

    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 softw

    $58M

    $92M

    10K

    693

    2006

    Israel

  4. 04
    shopUpz

    shopUpz

    B2B Marketplace Platforms

    Developer of a purchase recommendation platform designed to assist in developing product review videos. The company's platform analyzes each video review, provides review sentiments and then displays the right video review on the right eCommerce product pa

    $40M

    481

    2016

    Israel

  5. 05
    Aqua Security

    Aqua Security

    Security Software

    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 automatio

    $36M

    $265M

    345

    2015

    Israel

  6. 06
    Hola

    Hola

    Iot Software

    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

    $23M

    $24M

    160M

    335

    2008

    Israel

  7. 07
    Bringg

    Bringg

    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 l

    $16M

    $85M

    210

    2013

    Israel

  8. 08
    Priority Software

    Priority Software

    Enterprise Software

    Provider of enterprise resource planning (ERP) management software. The company's comprehensive offering covers all the core elements of traditional enterprise resource planning (ERP), with modules such as finance, manufacturing, logistics, human resources

    $14M

    $125M

    10K

    184

    1986

    Israel

  9. 09
    Galooli Ltd.

    Galooli Ltd.

    Analytics Software

    Galooli provides a cloud-based M2M platform driving an innovative effect on the way businesses optimize their mobile assets, fixed assets, energy consuming assets and data.

    $14M

    164

    2005

    Israel

  10. 10
    Syte

    Syte

    Retail Software

    With Camera Search, Recommendation Engines, Deep Tagging, and In-Store Smart Solutions, Syte changes the way retailers connect products with shoppers.

    $12M

    $62M

    129

    2015

    Israel

1-10 of 392

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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.