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List of the largest SaaS companies in Romania

Top SaaS Companies in Romania

These are the top SaaS companies in Romania. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Romania by featuring these 76 companies with combined revenues of $127.2M.

Together, Romania SaaS companies employ over 2K employees, have raised $28.9M capital, and serve over 4M customers around the world.

Divider

Highlights

Top SaaS Companies with $5 - $10M ARR


02
S
Softelligence

Business Intelligence Software

Softelligence stands out as the „data consultancy and software engineering provider of choice” for global players in financial services.

$12M
-
-
168
2006
Romania
03
V
Valoris

Call Tracking Software

With over 10 years experience, Valoris Center is a company with 100% Romanian ownership that operates on the BPO services market. We work with customers from all over the world, offering them the best support according to their needs, specific time schedule and spoken language (English, French, Spanish, Italian, German, Hungarian and Russian). We have proven experience and know-how, gathered from top clients in more than 10 different industries (banking/financial, automotive, IT/telecom, e-commerce, retail, utilities, pharmaceuticals, homecare, airline industry and media). Our portfolio includes customized services such as Contact Center Inbound & Outbound, Back Office Activities, Chat, Document and Content Management, Recruitment & Leasing services and also Training Programs. The Company’s areas of expertise include both human factor solutions such as increasing sales'​ value, customer retention or process optimization and automated solutions such as dedicated CRM software and com

$12M
-
-
141
2006
Romania
04
CG
CyberGhost

Security Software

CyberGhost is the best VPN service in 2020. With more than 6200 servers, it offers top privacy for all devices, Windows, iOS, Mac, Android, or Linux.

$7M
-
67K
78
2007
Romania
05
1FB
123FormBuilder

Web Management Software

Provider of software tools designed to build user-friendly online forms. The company's software tools helps to create web forms and online surveys that make a difference by using free form builder, enabling clients to connect Web forms to other online services.

$6M
-
-
76
2008
Romania
06
SMSL
SMSLink

Application Development Software

$6M
-
2K
10
1997
Romania
07
AWR
Advanced Web Ranking

SEO Software

World's most accurate, longest-standing rank tracking tool.

$5M
-
24K
16
2002
Romania
08
A
Accesa

Enterprise Software

Provider of managed IT and cloud services to businesses. The company's offering includes Application maintenance, Custom software development, SaaS services, Software testing, Customizing of existing software, System software development, Business application development and more.

$4M
-
-
649
2004
Romania
09
SB
Smart Bill

Financial Services Software

Developer of a billing and management software designed to resolve all issues related to the issue, delivery and receipt of online bills, notices, proforms, receipts, inventory management, nir, charts, vouchers and online reports. The company's billing and management software allows to increase the rate and speed of billing, enabling users to ease work so that they can use their time in the most productive way possible.

$3M
$1M
65K
35
2006
Romania
10
SD
Soft Dreams

Web Design Platform

Owner and operator of a web development and online brand experience communication agency intended to automate and customise the entire VPS and dedicated server process. The company's services includes web design, development, hosting and server management facilitating easy management of VPS and dedicated servers permitting to scale to complex server-cluster structures and also have designed a special cluster management system that will do all the work for the clients, enabling designers to spread services across multiple servers increasing speed for those all-important processes.

$3M
-
1K
36
2004
Romania
1 - 10 of 73Next

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.