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 3 companies with combined revenues of $90.4M.
Together, Tel-aviv SaaS companies employ over 2K employees, have raised $0.0 capital, and serve over 1K customers around the world.
Provider of a live chat and sales associate software designed to offer a fully featured, collaborative, live support platform with chat, audio, and video capabilities. The company's live chat and sales associate software allows 360 degree view on visitor s
Cloud Data Services
Voicefront is a self serve, SaaS platform that automatically creates and distributes e-commerce over Alexa, Siri and Google assistant
Provider of a product data management and sourcing platform. The company helps in replacing manual industrial sourcing with an intelligent algorithm that matches the right supplier for any part.
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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.
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.