Top SaaS Companies in Tel Aviv

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

These are the top SaaS companies in Tel Aviv, Israel. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Tel Aviv by featuring these 78 companies with combined revenues of $438.9M.

Together, Tel Aviv SaaS companies employ over 6K employees, have raised $0.0 capital, and serve over 25K customers around the world.

$0 - $1M ARR
  1. Webydo $990.0K
  2. Medorion $959.7K
  3. Ubeya $939.2K
  4. Somoto $901.6K
$1M - $5M ARR
  1. JobRouter $4.6M
  2. Medigate $3.4M
  3. Cybellum $3.0M
  4. Coronet $2.6M
$5M - $10M ARR
  1. LawGeex $8.8M
  2. Atera $7.2M
  3. Zencity $5.1M
$10M+ ARR
  1. Sisense $100.0M
  2. Hibob $29.2M
  3. Bringg $16.4M
  4. Syte $12.1M
  1. 01
    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

    Tel Aviv

  2. 02
    Sisense

    Sisense

    Artificial Intelligence Software

    Sisense is a business analytics software company with offices in New York City, San Francisco, Tel Aviv, London, Melbourne, Tokyo, and Scottsdale, Arizona.

    $100M

    $274M

    2K

    805

    2004

    Tel Aviv

  3. 03
    Hibob

    Hibob

    HR Software

    Hibob offers a mission critical, cloud-based human resources platform that allows companies to streamline HR processes and engage top talent

    $29M

    $274M

    2K

    298

    2015

    Tel Aviv

  4. 04
    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

    Tel Aviv

  5. 05
    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

    Tel Aviv

  6. 06
    LawGeex

    LawGeex

    LawGeex is transforming legal. For companies who want to spend less time on contracts and focus on high-impact work, LawGeex automates the review and approval of everyday contracts with unparalleled accuracy, consistency, and scalability through our advan

    $9M

    $42M

    2K

    93

    2014

    Tel Aviv

  7. 07
    Guardicore

    Guardicore

    Security Software

    Provider of internal data center security tool designed to detect and stop advanced threats through real-time breach detection and response. The company's internal data center security tool tracks and eliminates intruders inside data center networks and au

    $8M

    $106M

    259

    2013

    Tel Aviv

  8. 08
    Atera

    Atera

    Process Automation Software

    Atera is an IT automation software that provides remote access, billing, reporting, and automation services.

    $7M

    $77M

    7K

    104

    2011

    Tel Aviv

  9. 09
    Spearline Labs

    Spearline Labs

    Communication Software

    Provider of a software designed to offer toll and toll-free number testing services. The company's software offers a testing platform for revealing unknown issues, outages, quality drops and failed calls, as well as providing automatic IVR pathways testing

    $6M

    90

    2003

    Tel Aviv

  10. 10
    Zencity

    Zencity

    Analytics Software

    Zencity is a Saas startup in the govtech space that enables local governments to make more data-driven decisions using AI.

    $5M

    $30M

    121

    2015

    Tel Aviv

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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.