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List of the largest SaaS companies in Spain

Top SaaS Companies in Spain

These are the top SaaS companies in Spain. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Spain by featuring these 509 companies with combined revenues of $3.4B.

Together, Spain SaaS companies employ over 20K employees, have raised $2B capital, and serve over 1B customers around the world.

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Highlights

01
$2B
-
18M
2K
1997
Spain
02
j
jobandtalent

Digital Marketing Solutions

Jobandtalent is an online platform for finding and filling gig-type jobs.

$316M
$385M
-
766
2009
Spain
03
M
Meta4

HR Software

Drive talent at your organization Meta4 offers you a state-of-the-art solution for HR management in your organization to identify, attract and retain talent among your employees. Boost your company’s productivity with one of the top world-class H...

$88M
-
1K
752
1991
Spain
04
T
Typeform

Content Management Systems

Typeform is a Barcelona-based online software as a service company that specializes in online form building and online surveys..Data collection for humans .Video driven interaction

$75M
$187M
130K
490
2011
Spain
05
PS
Panda Security

Devsecops Software

Developer of integrated network security software. The company provides a security platform designed to protect against viruses, hackers, trojans, spyware, phishing, spam and other IT and Internet threats.

$73M
$14M
30M
458
1990
Spain
06
I
Izertis

Information Technology Software

Izertis is a technology consulting firm that provides information technology and communications solutions for its clients.

$55M
$5M
-
668
1996
Spain
07
TP
TravelPerk

Travel Software

TravelPerk is a next-generation business travel booking and management platform for companies of any size. It is an all-in-one platform for booking business travel that is 100% free. TravelPerk has an inventory, technology, consumer-grade design, and a very disruptive business model. TravelPerk is backed by investors such as Spark Capital, investors in Slack, Trello, and Twitter. The company is co-founded and funded by a team of entrepreneurial executives with deep market expertise, including leadership-level experience, at one of the most successful players in the online travel industry. One of the co-founders most recently started and sold a travel technology company to one of the players in the market.

$50M
$412M
2K
576
2015
Spain
08
B
Bodas.net

Digital Advertising Platforms

Operator and provider of website for wedding planning. The company's website suggests the users with everything that the brides and grooms may need for their wedding. The company also offers wedding organizer and free personalized website for the wedding.

$31M
-
20M
466
2008
Spain
09
Z
Zenseact

Artificial Intelligence Software

Zenseact’s purpose is to make safe and intelligent mobility real for everyone, everywhere. We live in an ever-changing environment at the center of which autonomous artificial intelligence is about to become reality. Sweden and China based Zenseact is a technology company that is committed to preserving all life on the road through its scalable ADAS/AD software platform.

$31M
-
-
345
2020
Spain
10
MS
Marfeel Solutions

Marketing Software

Marfeel is an ad tech platform that revolutionizes the way publishers create, optimize and monetize mobile websites.

$28M
$52M
800
167
2011
Spain
1 - 10 of 502Next

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.