Top SaaS Companies in Madrid

List of the largest SaaS companies in Madrid, Spain (Click to apply)

These are the top SaaS companies in Madrid, Spain. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Madrid by featuring these 62 companies with combined revenues of $173.1M.

Together, Madrid SaaS companies employ over 3K employees, have raised $0.0 capital, and serve over 3K customers around the world.

$0 - $1M ARR
  1. Graphext $968.8K
  2. Twenix $960.1K
  3. Lurtis Rules $931.2K
  4. FLUZO $857.5K
$1M - $5M ARR
  1. TechRules $4.6M
  2. WePlan $4.2M
  3. GT Motive $3.8M
  4. Smartick $3.7M
$5M - $10M ARR
  1. GIGAS $8.6M
$10M+ ARR
  1. Meta4 $88.0M
  2. Gamelearn $11.2M
  1. 01
    Meta4

    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

    941

    1991

    Madrid

  2. 02
    Gamelearn

    Gamelearn

    Corporate Training Software

    Gamelearn is a game-based learning platform for corporate training

    $11M

    $7M

    2K

    186

    2008

    Madrid

  3. 03
    GIGAS

    GIGAS

    Hosting Providers

    Gigas Hosting is a provider of a cloud hosting platform. The company is a cloud services provider that focuses on delivering next-generation technology infrastructure needed by small and medium enterprise (SMEs). It also provides customers with a pool of r

    $9M

    $13M

    0

    103

    2011

    Madrid

  4. 04
    TechRules

    TechRules

    Financial Services Software

    Developer of digital wealth management software designed to provide multi-channel wealth management solutions to financial entities. The company engages in developing fully-functional, turn-key, financial cloud-based applications offer automated, algorithm

    $5M

    0

    87

    1999

    Madrid

  5. 05
    WePlan

    WePlan

    Analytics Software

    Weplan is a free app that offers users the ability to contract out of all optimal market supply rate, analyzing, and comparing.

    $4M

    0

    49

    2012

    Madrid

  6. 06
    GT Motive

    GT Motive

    Information Technology Software

    Operator of an auto claims software intended to provide effective information to its customers. The company's auto simplifies and improve the exchange of information by using cloud computing collaborative platforms to connect the people involved in the pro

    $4M

    0

    170

    1971

    Madrid

  7. 07
    Smartick

    Smartick

    Education Software

    Developer of an online mathematics teaching platform. The company develops an online learning platform that enables kids to learn mathematics through custom examinations and exercises.

    $4M

    $1M

    0

    64

    2009

    Madrid

  8. 08
    Nalanda Global

    Nalanda Global

    Document Management Software

    Nalanda Global provides document management for business coordination, validation, time & access control and electronic invoicing.

    $3M

    0

    63

    2000

    Madrid

  9. 09
    Touch of Classic

    Touch of Classic

    Angel Investment

    Developer of an application for kids to learn classics of art, literature and music. The company has developed an application with the help of which children can learn and enjoy various classics related to art, literature and music.

    $2M

    0

    52

    2012

    Madrid

  10. 10
    Global Incubator

    Global Incubator

    Enterprise Software Software

    Global Incubator is technology services company offering design, delivery and maintenance of Saas web platform for businesses.

    $2M

    0

    38

    2013

    Madrid

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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.