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List of the largest SaaS companies in Bilbao, Spain

Top SaaS Companies in Bilbao

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 $13.8M capital, and serve over 30M customers around the world.

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Highlights

Top SaaS Companies with $1 - $5M ARR


Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


02
A
Appsamblea

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 encryption, provides unalterable results using blockchain in its maximum security layer, provides a tool to segment and manage the census and an intuitive editor to customize any voting process, enabling organizations, companies or groups of any size and origin to organize voting in a digital manner and in a very easy and cost effective way.

$741K
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-
10
2017
Spain
03
SP
SealPath

Security Software

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 or are my competitors seeing information I don't want them to? SealPath specializes in protecting your critical documents wherever they travel: In your computer, corporate network, mobile, cloud or in the network of other companies. Even once the document has already been sent or shared and is beyond the control of the IT Department. Our solution integrates with other solutions such Microsoft, Autodesk, SolidWorks, Menemo and it is integrated with SIEMs, DLPs, Active Directory/LDAP and SDKs. Sealpath is unique in the market and it is used in more than 20 countries worlwide.

$620K
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-
22
2012
Spain
04
S
Stoor

E-Commerce Software

Stoor is a marketplace where architects can buy and sell high-quality BIM projects from the greatest designers from all over the world.

$533K
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-
10
2019
Spain
05
W
We are testers

Analytics Software

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 community, enabling businesses and brands to measure customer satisfaction at an economical price.

$336K
-
-
12
2015
Spain
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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.