These are the top SaaS companies in Braga, Portugal. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Braga by featuring these 3 companies with combined revenues of $2.5M.
Together, Braga SaaS companies employ over 32 employees, have raised $1.2M capital, and serve over 0 customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Information Technology Software
Developer of a cloud-based low code artificial intelligence platform designed to simplify and automate process automation. The company's platform provides artificially intelligent virtual employees for customer service that can be by companies to autonomously execute designated tasks and offers a growing portfolio of virtual employees ready to be hired for various business verticals and tasks, enabling companies to cut down customer service costs, increase staff productivity and increase sales.
Information Technology Software
Developer of an online platform intended to manage workplace mental fatigue. The company's platform track and detect mental fatigue in real-time using machine learning algorithms to analyze the user interaction patterns with the computer via the keyboard and mouse and without any external sensors, enabling employees to improve quality of life, mental health as well as individual performance and organizations to have an alert, efficient and engaged workforce.
Developer of a cloud based family safety mobile platform. The company offers consumer applications on smartphones, tablets and wearables to ensure the safety and protection of children, elderly and other family members who require extra care.
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.