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 41 companies with combined revenues of $90.4M.

Together, Tel Aviv SaaS companies employ over 2K employees, have raised $0.0 capital, and serve over 3M customers around the world.

$0 - $1M ARR
  1. Webydo $990.0K
  2. Ubeya $939.2K
  3. Bonobo AI $891.4K
  4. CallVU $809.0K
  5. Ment.io $771.9K
$1M - $5M ARR
  1. ElMindA $3.8M
  2. Autofleet $1.7M
$5M - $10M ARR
  1. BioCatch $7.8M
  2. Bidalgo $7.2M
$10M+ ARR
  1. Bringg $16.4M
  1. 01
    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

    0

    210

    2013

    Tel Aviv

  2. 02
    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

  3. 03
    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

    0

    259

    2013

    Tel Aviv

  4. 04
    Dealhub.io

    Dealhub.io

    Sales Software

    DealHub's award-winning Revenue Amplification Platform enables Sales teams to build and maintain engaging and personalized dialogue with their buyers throughout the sales processes. Utilizing AI-based buyer engagement analytics derived from actual customer

    $8M

    $25M

    600

    81

    2014

    Tel Aviv

  5. 05
    BioCatch

    BioCatch

    Security Software

    Developer of a biometric technology created to recognize a wide range of human and non-human cybersecurity threats. The company's biometric technology focuses on online and mobile fraud mitigation and develops biometric identification method that identifie

    $8M

    $214M

    0

    193

    2011

    Tel Aviv

  6. 06
    Bidalgo

    Bidalgo

    Digital Advertising Platforms

    Developer of a Saas based platform intended to help app marketers achieve growth. The company's Saas based platform provides end-to-end suite of automated media buying services, from uploading ads to real-time bid management, budget allocation and more, en

    $7M

    0

    114

    2010

    Tel Aviv

  7. 07
    ElMindA

    ElMindA

    Healthcare Software

    Developer of a technology platform designed to revolutionize the diagnosis, monitoring and treatment of brain-related disorders. The company's technology platform combines big data analytics, artificial intelligence, and brain network activation mapping to

    $4M

    $49M

    0

    49

    2006

    Tel Aviv

  8. 08
    Illusive Networks

    Illusive Networks

    Security Software

    Developer of cyber security software designed to prevent cyber attacks against enterprise systems. The company's cyber security software uses deception technology that creates an alternate reality, transparently woven into the existing network that identif

    $3M

    0

    125

    2014

    Tel Aviv

  9. 09
    Cartica AI

    Cartica AI

    Automotive Services Software

    Developer of a visual intelligence platform intended to provide safer and more effective autonomous driving service. The company's autonomous AI platform utilizes signature-based representation structures coupled with unsupervised learning methodologies th

    $2M

    0

    35

    2019

    Tel Aviv

  10. 10
    SURE Universal Ltd.

    SURE Universal Ltd.

    Cloud Computing Software

    Developer of cloud based software designed to control smart appliances. The company's software used in smartphone-based universal remote for communications data, micro-controller for smart appliances and gateway software for set-top boxes, enabling users t

    $2M

    $10M

    0

    22

    2009

    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.