Top SaaS Companies in Romania

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

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 67 companies with combined revenues of $124.8M.

Together, Romania SaaS companies employ over 2K employees, have raised $1.1M capital, and serve over 7K customers around the world.

$0 - $1M ARR
  1. CASSA $990.0K
  2. Custify SRL $904.3K
  3. CustomSoft $814.5K
  4. Innoship $774.6K
$1M - $5M ARR
  1. Accesa $4.4M
$5M - $10M ARR
  1. SMSLink $5.6M
$10M+ ARR
  1. Valoris $11.8M
  1. 01
    Trencadis Corp

    Trencadis Corp

    IT infrastructure software

    Trencadis offers IT solutions, software development, mobile apps development, and system integration for the government sector.

    $29M

    65

    2007

    Romania

  2. 02
    Softelligence

    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

  3. 03
    Valoris

    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 schedu

    $12M

    141

    2006

    Romania

  4. 04
    CyberGhost

    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

    78

    2007

    Romania

  5. 05
    123FormBuilder

    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 serv

    $6M

    76

    2008

    Romania

  6. 06
    SMSLink

    SMSLink

    Application Development Software

    $6M

    2K

    19

    1997

    Romania

  7. 07
    Advanced Web Ranking

    Advanced Web Ranking

    SEO Software

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

    $5M

    16

    2002

    Romania

  8. 08
    Accesa

    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 applicat

    $4M

    649

    2004

    Romania

  9. 09
    Smart Bill

    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

    $3M

    $1M

    35

    2006

    Romania

  10. 10
    Soft Dreams

    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

    $3M

    36

    2004

    Romania

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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.