These are the top SaaS companies in Valencia, Spain. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Valencia by featuring these 18 companies with combined revenues of $127.4M.
Together, Valencia SaaS companies employ over 2K employees, have raised $28M capital, and serve over 1M customers around the world.
Information Technology Software
Provider of ATM networking systems and sub-systems. The company develops ATM switch technology focused on the desktop and workgroup.
Business Development Software
EDICOM is one of the largest international benchmarks in development of platforms for data transmission between companies.
Developer of a health technology platform created to reinvent health engagement. The company's platform Revel Connect provides strong integration for greater efficiency while creating personalized experiences to support more meaningful connections and delivers powerful health engagement, yielding a strong foundation of actionable data, improving experiences with members and patients, enabling the healthcare system to support the individual, deliver better health outcomes and reduce unnecessary costs.
Customer Service Software
Developer of comprehensive management software. The company develops a global management software specialized in appointments and reservations through a mobile app, focusing on wellness and fitness related businesses, helping them to turn into an online service that is available 24/7 while saving time and increasing efficiency.
Professional Services Providers
Provider of an online platform to obtain or perform services or labor among young people. The company helps in fetching a task for a user on their platform and other users can send him their budgets.
Provider of an online education platform to provide educational services in the fields of art and creative technology. The company offers an online education platform which brings together educators, artists and engineers from leading universities across the globe to provide mentor-ship in the fields of visual art, music and technology, enabling students to study at an affordable price.
Provider of web-application development services intended to continuously maintain and upgrade the website. The company's web-application development services offer a cloud-based platform to develop Spanish-language based web applications for enterprises, which include the development of self-managing websites, corporate logos and agenda-management applications, enabling clients to concentrate on their core business.
Artificial Intelligence Software
Provider of a cloud based online emotion analytics platform designed to help businesses measure the emotions of customers. The company's cloud based online emotion analytics platform analyzes the experience of the consumers second by second and detect the levels of satisfaction through 6 universal emotions such as happiness, surprise, anger, disgust, fear, sadness, enables businesses to track and analyze the customer behavior and understand their emotions towards products and services.
SaaS Enabled Marketplace (SEM)
Artificial Intelligence Software
Developer of multilingualism technology. The company wants to empower every e-commerce small and medium sized enterprises with multilingualism technology currently only available to large corporations.
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.