These are the top SaaS companies in Krakã³w, Poland. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Krakã³w by featuring these 4 companies with combined revenues of $2.1M.
Together, Krakã³w SaaS companies employ over 57 employees, have raised $6.6M capital, and serve over 2M customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Developer of distributed network of air quality sensors designed to offer accurate air quality analytics at an affordable price. The company's sensors feature custom analytics on a large range of variables to provide cities with the tools to understand air qualityto facilitate real-time monitoring of air quality via an online map, enabling user to avail accurate, real-time data in an intuitive and actionable format to understand air quality and make impactful changes.
Information Technology Software
Provider of an Internet of things development platform designed for automation and robotics. The company offers a cloud-powered device and development platform that develops hardware and software and enables people to make advanced Internet connected robots easily.
DeviceHub`s mission is to empower individuals, developers and companies worldwide to build a better, more functional tomorrow, through a collaborative Internet of Things platform â€“ because we believe that collaboration and knowledge sharing drive growth and innovation. The SOLUTION We provide developers and companies access to the first scalable, universal, open source ecosystem management platform (EMP) for IoT, that enables them to connect and manage devices, equipment and/or sensors remotely. Through the platform, users can build mission-critical, secure and customizable IoT apps that can run in a centralized or decentralized (or hybrid) manner, using block-chain encryption to communicate between the actors of the system, and have a highly fault tolerant backbone that can achieve 99.999% availability. The platform is built to be accessible â€“ it can be used by individuals with little coding or app development experience to create end-to-end IoT solutions. The platform is designed
Developer of an English learning application intended to provide online video sessions to users to improve their English knowledge. The company's English learning application collect words, phrases and quotes from client preferred movies, books and other applications, enabling clients to learn English in a fun way.
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.