Top SaaS Companies in Mexico

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

These are the top SaaS companies in Mexico. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Mexico by featuring these 96 companies with combined revenues of $208.7M.

Together, Mexico SaaS companies employ over 3K employees, have raised $1.7M capital, and serve over 8K customers around the world.

$0 - $1M ARR
  1. BeepQuest $981.1K
  2. Mifiel $971.5K
  3. Inovaz $939.0K
$1M - $5M ARR
  1. Bind ERP $3.1M
  2. Boletia $3.1M
  3. Descifra $2.9M
$5M - $10M ARR
  1. Sintec $8.9M
  2. Yaydoo $6.0M
  3. Clara $5.8M
$10M+ ARR
  1. 99minutos $69.6M
  2. Nowports $11.8M
  3. Runa HR $11.2M
  4. SkydropX $10.3M
  1. 01
    99minutos

    99minutos

    Customer Service Software

    The fastest shipping for online shopping

    $70M

    $7M

    1K

    710

    2020

    Mexico

  2. 02
    Kubo.financiero

    Kubo.financiero

    Financial Services Software

    Provider of a digitally regulated finance platform, offering digital savings accounts, personal loans, term deposits, and lending opportunities. The company's lean mode allows for lower interest rates for its borrowers and higher return rates for depositor

    $13M

    $11M

    1K

    153

    2012

    Mexico

  3. 03
    Nowports

    Nowports

    Supply Chain & Logistics Software

    Nowports is a digital Freight Forwarder shipping ocean containers to and from Latin America.

    $12M

    $9M

    120

    2019

    Mexico

  4. 04
    Runa HR

    Runa HR

    HR Software

    Automating payroll for Latin America. Our software platform includes: payroll, employee management, ...

    $11M

    $4M

    114

    2018

    Mexico

  5. 05
    SkydropX

    SkydropX

    Supply Chain & Logistics Software

    Logistic Management System for E-commerce & Retail in Mexico.

    $10M

    $7M

    105

    2018

    Mexico

  6. 06
    Sintec

    Sintec

    Financial Services Software

    Sintec is a consulting firm. It specializes in customer strategies, operations strategy, organizational transformation and information technology, supply chain management and distribution strategy solutions. It was founded in 1987 and is headquartered in C

    $9M

    $20M

    308

    1987

    Mexico

  7. 07
    Yaydoo

    Yaydoo

    Artificial Intelligence Software

    Provider of an office management platform designed to connect online retailers with customers. The company's digital concierge marketplace application uses chat bots and personalized interaction tools to manage expenses and accounting, simplify purchase de

    $6M

    $20M

    102

    2016

    Mexico

  8. 08
    Clara

    Clara

    Financial Services Software

    End-to-end spend management for companies in Latin America.

    $6M

    $89M

    68

    2020

    Mexico

  9. 09
    Hexagon Data

    Hexagon Data

    Analytics Software

    Audience Intelligence & Marketing Data Strategy Drive real insights from your data and put them into action. Get in touch with the right audience, in the right way. Hexagon Data specializes in Advertising and Marketing Technologies, Programmatic Adverti

    $4M

    46

    2017

    Mexico

  10. 10
    Localadventures

    Localadventures

    Travel Software

    Experiences that changes your life with local experts

    $4M

    18

    Mexico

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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.