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List of the largest SaaS companies in Slovakia

Top SaaS Companies in Slovakia

These are the top SaaS companies in Slovakia. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Slovakia by featuring these 22 companies with combined revenues of $23.3M.

Together, Slovakia SaaS companies employ over 396 employees, have raised $22.8M capital, and serve over 2M customers around the world.

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Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


02
L
Liveagent

CRM and Related Software

Help companies improve customer service..Multi-channel help desk software

$4M
-
2K
10
2009
Slovakia
03
M
Mangools

SEO Software

A bundle of juicy SEO tools

$3M
-
1M
5
2014
Slovakia
04
K
Kontentino

Social Media Marketing Software

Social media management tool for marketing teams.Social media tool tailored for ad agencies and brands.Social media tool for marketing teams

$2M
-
950
17
2016
Slovakia
05
M
Minit

It Infrastructure Software

Provider of process mining software intended to automate analysis of business processes. The company's software offers process discovery and process mapping, process improvement opportunities, detect process bottlenecks, compare processes, perform financial and business hours-aware analysis among others, enabling businesses to improve their performance and eliminate inefficiency and risk from operations. Minit turns company data into value by creating interactive process maps of how people, machines, and software interact. Minit can discover, monitor and recommend how to improve real processes by extracting knowledge from event logs created by ERPs, CRMs, Service Management Systems, BPM, LOB and other IT systems. Minit detects problems, highlights bottlenecks and process steps that are taking up time and driving up costs, helps identify most productive team members and much more. Much more than a simple analysis of data, Minit provides data-based insights and highlight opportunities f

$2M
$13M
-
40
2014
Slovakia
06
PAP
Post Affiliate Pro

Marketing Software

Affiliate Program & Network Software

$2M
-
30K
150
2001
Slovakia
07
K
Kickresume

Talent Management Software

Kickresume helps create outstanding resume, cover letter and personal website in minutes. Impress your future employer and land your dream job faster.

$1M
-
8K
19
2013
Slovakia
08
TK
TranslateKarate

Software as a Service Platform(SaaS)

TranslateKarate is an online translation toolkit to manage localization workflow.TranslateKarate toolkit makes project translation into a smooth and delightful experience for project owners, translators and developers.

$901K
-
-
14
2011
Slovakia
09
JC
JClarity

Analytics Software

Provider of software performance analytics and tuning driven by machine learning based in London, United Kingdom. The company offers to solve Java performance problems in cloud and desktop environments, enabling remote helpdesk support to advise and solve the most difficult problems.

$767K
-
-
21
2012
Slovakia
10
XHR
XperienceHR

Analytics Software

Developer of human resources software that enables to interact and solve business problems. The company operates complex yet flexible enterprise software as a service (SaaS) solutions that provide clients with time tracking proficiency, multi-country performance, compliance, and security requirements, enabling them to cope with frequent business and organizational changes.

$756K
-
-
9
2010
Slovakia
1 - 10 of 22Next

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.