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List of the largest SaaS companies in Barcelona, Spain

Top SaaS Companies in Barcelona

These are the top SaaS companies in Barcelona, Spain. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Barcelona by featuring these 120 companies with combined revenues of $298M.

Together, Barcelona SaaS companies employ over 4K employees, have raised $681.2M capital, and serve over 22M customers around the world.

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Highlights

02
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
03
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
04
D
Doist

Project

Create productivity and communication tools

$14M
$40K
300K
90
2007
Spain
05
GW
GlobalWonks

B2B Marketplace Platforms

GlobalWonks is a technology-enabled marketplace that connects private and public enterprises, from Fortune 100 companies to leading universities, with experts who understand the world. We do this through three core products: one hour call, a deep-dive report, and our real-time expert sourced Q&A tool, Network Pulseâ„¢. Our vision is to fundamentally change the way investors and decision-makers gain global knowledge by providing a responsive and seamless platform without the usual overheads and lag times. For our experts, we make freelance consulting more accessible by enabling freedom in the way they work without compromising quality while increasing compensation. Come and be part of the global #FutureOfWork with us.

$8M
$3M
-
195
2017
Spain
06
A
Adsmurai

Advertising Software

Adsmurai provides a end to end technological solution for advertising management on social media.

$8M
$2M
-
129
2014
Spain
07
L
Lodgify

Real Estate Software

Easily create a website with a “Book Now” function and manage all your reservations from one place with our all-in-one vacation rental software solution.

$7M
$7M
-
64
2012
Spain
08
I
Immfly

Content Management Systems

Provider of an entertainment platform for the in-flight experience. The company offers entertainment and communication services for flight passengers during their journey. It also allows airlines to strengthen their customer loyalty by increasing their Net Promoter Scores amongst passengers and encouraging the creation of new ancillary revenues through the sponsorship and e-commerce available on the platform.

$6M
$3M
-
75
2013
Spain
09
D
Derecho.com

Legal Software

Provider of a platform designed to offer legal services. The company's platform offers legal services such as procedures, documents and legal information, enabling users to get the required services they want related to legal matters.

$6M
-
550K
90
2000
Spain
10
CC
CogniCor

Financial Services Software

Provider of a cognitive digital assistant platform created to understand customer queries. The company offers a cloud-based platform that understands customer queries from natural languages and responds with personalized product and process related information, recommendations and resolves claims and issues, enabling companies to engage customers and resolve their queries effectively.

$5M
$854K
-
58
2011
United States
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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.