These are the top SaaS companies in Bnei Brak, Israel. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Bnei Brak by featuring these 2 companies with combined revenues of $4.9M.
Together, Bnei Brak SaaS companies employ over 28 employees, have raised $1M capital, and serve over 300 customers around the world.
CRM and Related Software
Topic based, business match and meet, video networking app.
Marketing Automation Software
Our Mission Citrin-Tech is specialized in creating ad-tech solutions for companies operating in the online space. We aspire to be a One-Stop-Shop that covers all the essential needs for your marketing departments and call-centers. Our Users Our users are the heart of our business and we work tirelessly to provide the perfect marketing solution for any need in the online space. By listening to our users, we obtain the perfect blend of usability and functionality. Our Story Citrin-Tech realized that there has been a gap between customer requests and the tools for marketing departments. We aim to bridge that gap by providing a marketing product that is ideally specialized towards marketing departments and call-centers.
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.