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List of the largest SaaS companies in Portugal

Top SaaS Companies in Portugal

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 110 companies with combined revenues of $204.4M.

Together, Portugal SaaS companies employ over 3K employees, have raised $1.9B capital, and serve over 1M customers around the world.

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Highlights

Top SaaS Companies with $10M+ ARR


02
N
Nutrium

Healthcare Software

Bringing nutrition professionals closer to their clients.

$40M
$5M
60K
40
2015
Portugal
03
ISI
I2S Insurance

Information Technology Software

Developer of an insurance software designed to be used for the design, development and implementation of insurance services for the insurance global market. The company's software is developed and designed with all information technology services for the global insurance sector in mind, enabling clients like life and non-life insurance providers, agents and brokers, adjusters and pension fund managers to get an insurance software which is fast in implementation, configuration, creation and placement of new insurance services.

$16M
$60K
-
226
1984
Portugal
04
NHT
Nonius Hospitality Technology

Hospitality Software

Nonius Hospitality Technology is a developer of management technology for wireless communication networks. The company provides technology that enables hospitality operators to provide digital services to their guests. The company was founded in 2005 and is headquartered in Moreira da Maia, Portugal.

$9M
-
-
111
2005
Portugal
05
S
Saphety

Data Science and Machine Learning Platforms

Provider of paper-free and automated business processes services. The company offers purchase-to-pay services, process optimization, data and media synchronization.

$7M
-
190K
84
2000
Portugal
06
S
Stratio

Artificial Intelligence

The world’s #1 predictive fleet maintenance platform.

$7M
$15M
-
68
2017
Portugal
07
WSL
WallStreetdocs Ltd.

Information Technology Software

The company primarily operates in the Software industry. WallStreetdocs Ltd. was founded in 2008 and is headquartered in New York, NY.

$6M
-
-
146
2008
Portugal
08
R
Relive

Real Estate

Relive is empowering the next gen of real estate entrepreneurs, with a mobile app that allows them to work for themselves, from anywhere.

$6M
$1M
-
58
2020
Portugal
09
I
Insia

Education Software

$5M
-
-
82
2004
Portugal
10
U
Uniplaces

Real Estate Software

Provider of an online booking platform designed to create a global brand for student accommodation. The company's booking platform offers marketing for properties that range from privately rented accommodations to professionally managed residences, enabling students to find and rent private accommodation within their budget.

$5M
$68M
-
124
2011
Portugal
1 - 10 of 104Next

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.