Top SaaS Companies in Portugal

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

These are the top SaaS companies in Portugal. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Portugal by featuring these 14 companies with combined revenues of $53.8M.

Together, Portugal SaaS companies employ over 596 employees, have raised $950.0K capital, and serve over 2K customers around the world.

$0 - $1M ARR
  1. Unmaze $1.0M
  2. GitScrum.com $600.0K
  3. Castos $480.0K
$1M - $5M ARR
    $5M - $10M ARR
      $10M+ ARR
      1. Unbabel $49.0M
      1. 01
        Unbabel

        Unbabel

        Artificial Intelligence Software

        AI Powered Translation as a Service

        $49M

        500

        2014

        Portugal

      2. 02
        Unmaze

        Unmaze

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        $1M

        1

        2015

        Portugal

      3. 03
        Eventfuel.io

        Eventfuel.io

        Event Management Software

        Eventfuel helps you create great event experiences for attendees, staff, speakers and organisers. Share updates instantly & get the results you need.

        $1M

        1

        2013

        Portugal

      4. 04
        GitScrum.com

        GitScrum.com

        Project Management Software

        Project Management Tool for Agile Teams

        $600K

        5

        2017

        Portugal

      5. 05
        Invisiblecollector

        Invisiblecollector

        Process Automation Software

        AI based debt collection SaaS

        $540K

        15

        6

        2016

        Portugal

      6. 06
        Castos

        Castos

        Podcast Hosting and Analytics|Podcast hosting, analytics, and production

        $480K

        $120K

        2K

        7

        2017

        Portugal

      7. 07
        Veedeeo

        Veedeeo

        Collaboration & Productivity Software

        Cloud video conferencing platform

        $300K

        100

        6

        2013

        Portugal

      8. 08
        Statful

        Statful

        Monitoring Software

        Customizable monitoring platform to track any type of metric

        $264K

        5

        2016

        Portugal

      9. 09
        Agroop

        Agroop

        Vertical Industry Software

        Technological solution for crop monitoring.

        $240K

        $2M

        60

        10

        2014

        Portugal

      10. 10
        AirCourts

        AirCourts

        B2B Marketplace Platforms

        A SaaS enabled marketplace for Sports

        $180K

        $100K

        5

        2015

        Portugal

      1-10 of 14

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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.