These are the top SaaS companies in Bilbao, Spain. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Bilbao by featuring these 5 companies with combined revenues of $75.4M.
Together, Bilbao SaaS companies employ over 512 employees, have raised $0.0 capital, and serve over 30M customers around the world.
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.
Information Technology Software
Developer of an online voting system designed to encourage safe, easy and fast voting procedures across a digital interface. The company's system verifies voter's KYC documents and digital id cards, guarantees the secrecy of theIR votes with advanced enc
Most of us use sensitive or confidential documents but we have no way of controlling what happens with our documents and the information contained within, once they're shared with others. Where do they go, who else are they shared with, how are they used o
Stoor is a marketplace where architects can buy and sell high-quality BIM projects from the greatest designers from all over the world.
Provider of an online solution specializing in market research and customer knowledge, intended to provide real-time business inputs and solutions. The company's solution performs product tests, positioning studies, consumer analysis through its online com
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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.
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.