These are the top SaaS companies in Wroclaw, Poland. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Wroclaw by featuring these 4 companies with combined revenues of $47.1M.
Together, Wroclaw SaaS companies employ over 222 employees, have raised $0 capital, and serve over 33K customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Customer Service Software
The company has offices in Wrocław, Poland and Boston, Massachusetts, United States..Details: https://twitter.com/rditrych/status/1365218369876725760 Also, it's no longer livechatinc.com but livechat.com for over a year ;)
Business Management Software
Cloud Platform As A Service (Paas) Software
TNX Logistics is a procure-to-pay platform for road transport. It is lowering transport spend by >7% for customers on three continents while achieving no-touch processing on 99.5% of invoices. We are known for software so simple that it looks like Fischer Price built it, but with powerful, practical AI in the middle. The company was started in 2016, went live in 2017, and has customers in the USA, Europe, and New Zealand.
Developer of a video capture application designed to take and upload screenshots. The company's application helps to take and edit screenshots to create unique URLs, enabling users to share their gameplay with others.
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.