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.
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Corporate Training Software
Gamelearn is a game-based learning platform for corporate training
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
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
Weplan is a free app that offers users the ability to contract out of all optimal market supply rate, analyzing, and comparing.
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
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.
Document Management Software
Nalanda Global provides document management for business coordination, validation, time & access control and electronic invoicing.
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.
Enterprise Software Software
Global Incubator is technology services company offering design, delivery and maintenance of Saas web platform for businesses.
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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.