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List of the largest SaaS companies in Malta

Top SaaS Companies in Malta

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 9 companies with combined revenues of $27.1M.

Together, Malta SaaS companies employ over 167 employees, have raised $0 capital, and serve over 21K customers around the world.

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Highlights

Top SaaS Companies with $1 - $5M ARR


Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


02
CL
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 generic web development platform that combines incredible power and simplicity. Its ease of use and a syntax-free visual language are especially appealing to business users and citizen developers. Its enterprise-grade features, high development speed, expressive capacity and ability to mix visual code with Java or JavaScript enable professional developers to create better applications with higher quality. App Builder is available both as a stand-alone web development platform and as a part of Codejig ERP. Codejig ERP is focused on simplicity, functionality and flexibility - and it is completely made with the Builder. The functionality covers all typical business processes such as Financials, Sales, Purchases, Banking, Inventory handli

$913K
-
-
11
2013
Malta
03
X
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 solution easily outperforms our rivals in multiple areas and we take pride in delivering value for our customers. It is our intent to ease SAM workloads by adding unprecedented out-of-the-box automation and cutting-edge features, whilst ensuring ease of use and industry-leading security - whether your software is On-premise, or in the Cloud. Next Generation Software Asset Management. For Software Asset Managers by Software Asset Managers.

$438K
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-
18
2016
Malta
04
RB
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
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-
3
2010
Malta
05
W
Wyldata

Information Technology & Services

$152K
-
-
2
2018
Malta
06
SL
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 software solutions to your daily business struggles. Payroll | HR Management | Time & Attendance | Ordering & Stock Taking

$139K
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-
3
2014
Malta
07
QF
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 course, your clientsresulting in better products in less time. Heres how it works:1.Your team creates physical mockups using cut-out elements downloadable from SnapUp2.Snap a picture and upload it to your project online3.Test and optimize the user interface in SnapUp4.Automatically generate requirements documentation with the push of a buttonSnapUp can benefit every aspect of your design project:Involve and empower your users with the SnapUp hands-on approachEasily mockup designs with your team in a fun and collaborative way, wherever they are on the planet Share and edits projects using real-time collaboration functionsSee the bigger picture to deliver a better productSave money by avoiding endless design iterationsPlus, SnapUp is avai

$90K
-
-
1
2012
Malta
08
DP
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
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-
2
2010
Malta
09
CBC
Cyberspace Building Crew

E-Commerce Software

Cool embroidered patches and stickers for internet workers

$24K
-
-
12
2010
Malta
1 - 9 of 9

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.