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List of the largest SaaS companies in Victoria, Australia

Top SaaS Companies in Victoria

These are the top SaaS companies in Victoria, Australia. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Victoria by featuring these 22 companies with combined revenues of $42.2M.

Together, Victoria SaaS companies employ over 687 employees, have raised $82.8M capital, and serve over 315K customers around the world.

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Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


02
C
Checkfront

Travel Software

More than booking software. Checkfront is a booking management platform that helps you sell experiences, manage your resources, and grow your business.

$7M
$8M
5K
73
2009
Canada
03
C
Certn

Information Technology Software

Developer of credibility screening platform intended to enhance how credibility is evaluated in order to help promote financial inclusion for the public. The company's platform uses data points from thousands of sources to not only look at the past, but also to predict the future and creates comprehensive and predictive applicant profiles, enabling customers to effectively validate identity and make better risk decisions while satisfying KYC and AML requirements.

$5M
$37M
-
109
2016
Canada
04
E
Ento

HR Software

Developer of rostering software. The company's software enables enterprise clients to coordinate the rosters for hundreds of employees.

$4M
$6M
10K
43
2009
Australia
05
INFLOR
INFLOR

Information Technology Software

Bio-asset Management, Forestry Software, SaaS, Sociall

$3M
-
-
124
2001
Brazil
06
HD
HelpDen

Messaging Software

Live Customer Support

$3M
-
-
43
0
Canada
07
T
Terapeak

Analytics Software

Terapeak provides market research solutions that enable eBay and Amazon.com sellers to create successful listings.

$2M
$4M
-
32
2002
Canada
08
LZOO
LlamaZOO

Implementation Services Providers

We develop world-leading 3D data visualization solutions to help companies in mining, oil and gas, forestry, and beyond, eliminate communication barriers, work safer, and move faster. AR / VR | Digital Twinning | Spatial Business Intelligence

$2M
$773K
-
26
2014
Canada
09
HYAS
HYAS

Security Software

Provider of cloud-based cyber-threat intelligence and protection services intended to protect institutions from breaches that are highly disruptive and costly for the business. The company's security intelligence platform, Comox, leverages a proprietary historical database containing billions of Internet domains, addresses and malware samples, enabling security operation centers to increase the accuracy of their findings and quickly respond to potential threats.

$2M
$23M
-
38
2014
Canada
10
JEMRS
Juno EMR Services

Health Care Software

Juno EMR Services offers Oscar McMaster, a web-based electronic medical records (EMR) software for the Canadian healthcare sector.

$2M
-
-
23
2012
Canada
1 - 10 of 22Next

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.