Top SaaS Companies in Italy

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

These are the top SaaS companies in Italy. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Italy by featuring these 216 companies with combined revenues of $41.5B.

Together, Italy SaaS companies employ over 11K employees, have raised $3.1M capital, and serve over 28M customers around the world.

$0 - $1M ARR
  1. Interlem $979.4K
  2. SweetHive $907.8K
  3. Eggup $889.8K
  4. Zakeke $865.9K
  5. Golee $865.0K
$1M - $5M ARR
  1. Mondora $4.7M
  2. Newired $4.6M
  3. Neptuny $4.5M
$5M - $10M ARR
  1. Namirial $8.5M
  2. Microgame $7.0M
  3. Visirun $6.2M
  4. Bizmatica $6.2M
$10M+ ARR
  1. Intesa $40.4B
  2. Olivetti $276.6M
  3. Mailup $65.2M
  1. 01
    Intesa

    Intesa

    SaaS Software

    Intesa offers services in corporate digitalization and provides SaaS services and solutions to its clients.

    $40B

    11M

    355

    1987

    Italy

  2. 02
    Olivetti

    Olivetti

    Cloud Data Services Software

    Olivetti provides information technology products and services.

    $277M

    271

    1908

    Italy

  3. 03
    Mailup

    Mailup

    Email Marketing Software

    Software as a service provider focused on email and SMS. Products include the MailUp platform, Acumbamail, and the BEE editor (beefree.io)

    $65M

    $5M

    4M

    237

    2002

    Italy

  4. 04
    Bending Spoons

    Bending Spoons

    Venture Studio

    Bending Spoons thinks, creates, and markets its own tech products, currently with a focus on mobile apps.

    $63M

    13M

    213

    2015

    Italy

  5. 05
    Mailupgroup

    Mailupgroup

    Digital Advertising Platforms

    Marketing software: Email, SMS, Predictive, CDP

    $59M

    $6M

    22K

    240

    2002

    Italy

  6. 06
    Sirti

    Sirti

    Automotive

    Provider of service development services in telecommunications, transport, energy and technological infrastructure markets. The company provides design and implementation services in telecommunications, including turnkey mobile networks, broadcast networks

    $59M

    2K

    1921

    Italy

  7. 07
    Sixth Sense

    Sixth Sense

    Analytics Software

    At Sixth Sense, we make data speak by themselves by building analytics platforms and digital products.

    $49M

    79

    2015

    Italy

  8. 08
    Mashfrog Group

    Mashfrog Group

    Digital Marketing Solutions

    Business consulting partner to support customers in every area of digital transformation.

    $31M

    349

    1999

    Italy

  9. 09
    ObjectWay

    ObjectWay

    Financial Services Software

    Objectway Financial Software is a provider of software and services to the financial services industry. The company offers a software platform for banks, asset management companies, brokerage houses, bank outsourcing service providers and insurance compani

    $27M

    $12M

    531

    1990

    Italy

  10. 10
    INAZ

    INAZ

    Information Technology Software

    Developer of workflow automation and payroll management tools. The company develops cloud-based payroll, workflow and business process automation tools for enterprises and industries.

    $25M

    334

    1948

    Italy

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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.