Top SaaS Companies in Malta

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

These are the top SaaS companies in Malta. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Malta by featuring these 8 companies with combined revenues of $27.1M.

Together, Malta SaaS companies employ over 155 employees, have raised $0.0 capital, and serve over 21K customers around the world.

$0 - $1M ARR
  1. Xensam $438.4K
  2. Raw Biscuits $244.4K
  3. Wyldata $152.3K
  4. Sixteen Ltd $139.3K
$1M - $5M ARR
    $5M - $10M ARR
      $10M+ ARR
      1. Hotjar $25.0M
      1. 01
        Hotjar

        Hotjar

        CRM and Related Software

        See how visitors are really using your website, collect user feedback and turn more visitors into customers.

        $25M

        21K

        115

        2014

        Malta

      2. 02
        Codejig Limited

        Codejig Limited

        Cloud Computing Software

        Codejig Limited is a software maker with two main products: App Builder - a cloud-based low-code development platform; ERP - a fully customizable, modern and easy-to-use accounting \ business management software made with the Builder. App Builder is a g

        $913K

        11

        2013

        Malta

      3. 03
        Xensam

        Xensam

        B2B Marketplace Platforms

        From humble development that started in 2015, Xensam Software Asset Management software has been deliberately designed with the sole purpose of empowering SAM Managers & IT Leaders by providing greater access to useful SAM data. Our feature-rich SAM soluti

        $438K

        18

        2016

        Malta

      4. 04
        Raw Biscuits

        Raw Biscuits

        Provider of marketing and IT provision for the world of football. The company blends marketing and IT skills to provide ideas and online provision for the youth and sports market.

        $244K

        3

        2010

        Malta

      5. 05
        Wyldata

        Wyldata

        Information Technology & Services

        $152K

        2

        2018

        Malta

      6. 06
        Sixteen Ltd

        Sixteen Ltd

        Information Technology & Services

        Sixteen provides Information Systems Consultancy to a broad range of industries including but not limited to restaurants and hospitality industry. With over 5 years of experience in handling and correlating large volumes of data, Sixteen offers you simple

        $139K

        3

        2014

        Malta

      7. 07
        QuickFocus

        QuickFocus

        Software as a Service Platform(SaaS)

        SnapUp by QuickFocus is a new mockup and wireframe tool that allows you to seamlessly move your design process from offline to online. With SnapUp you can get your entire team involved: designers, product managers, developers and UX/UI specialistsand of co

        $90K

        1

        2012

        Malta

      8. 08
        Dazzle Panel

        Dazzle Panel

        Iot Software

        Dazzle Panel is a web software platform provider for GPS tracking and online database with web-based user interface and mobile apps. Based in Malta, and offers services in Bespoke web development, web design and sofwtare development.

        $87K

        2

        2010

        Malta

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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.