Top SaaS Companies in Spain

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

These are the top SaaS companies in Spain. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Spain by featuring these 471 companies with combined revenues of $3.2B.

Together, Spain SaaS companies employ over 19K employees, have raised $87.8M capital, and serve over 68M customers around the world.

$0 - $1M ARR
  1. Synerquia $996.9K
  2. Graphext $968.8K
  3. Twenix $960.1K
  4. Lurtis Rules $931.2K
$1M - $5M ARR
  1. Ride On $5.0M
  2. Basemark $4.9M
  3. doctorSIM $4.8M
  4. DEXMA $4.8M
  5. Blueliv $4.8M
$5M - $10M ARR
  1. Whisbi $9.4M
  2. Endalia $8.7M
  3. GIGAS $8.6M
$10M+ ARR
  1. jobandtalent $323.1M
  2. Meta4 $88.0M
  3. Izertis $55.2M
  1. 01
    Whisbi

    Whisbi

    Internet

    Provider of a conversational sales and marketing platform intended to offer on-line consultancy and technology services. The company's platform combines live video, chat, voice and chatbot functionalities by reducing the complexity of omnichannel marketing

    $9M

    112

    2008

    Spain

  2. 02
    Boyum IT Group

    Boyum IT Group

    Boyum IT provides SAP business software development and consultancy services for small and medium businesses

    $9M

    103

    1997

    Spain

  3. 03
    Endalia

    Endalia

    Computer Software

    Endalia is a human capital management (“HCM”) and payroll SaaS software provider to mid-market businesses.

    $9M

    141

    2007

    Spain

  4. 04
    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

    103

    2011

    Spain

  5. 05
    Rentals United

    Rentals United

    B2B Marketplace Platforms

    Developer of channel management platform designed for short-term rental professionals to manage and expand connectivity effectively across many listing sites. The company's platform is a channel manager with a simple and straightforward user-interface offe

    $8M

    100

    2014

    Spain

  6. 06
    GlobalWonks

    GlobalWonks

    B2B Marketplace Platforms

    GlobalWonks is a technology-enabled marketplace that connects private and public enterprises, from Fortune 100 companies to leading universities, with experts who understand the world. We do this through three core products: one hour call, a deep-dive repo

    $8M

    $3M

    195

    2017

    Spain

  7. 07
    Soluciones Cuatroochenta

    Soluciones Cuatroochenta

    Cuatroochenta is a company specialized in the development and implementation of digital cloud solutions.

    $8M

    $6M

    91

    2011

    Spain

  8. 08
    DDDD Produções

    DDDD Produções

    A DDDD - Desenvolvimento, Divulgação & Design Digital, Lda, (4Dproduções) é uma empresa jovem, que aposta na criatividade e inovação como marca da diferença. Usamos os nossos conhecimentos tecnológicos, a nossa experiência comercial e de marketing e os nos

    $8M

    90

    2005

    Spain

  9. 09
    Adsmurai

    Adsmurai

    Advertising Software

    Adsmurai provides a end to end technological solution for advertising management on social media.

    $8M

    $5M

    129

    2014

    Spain

  10. 10
    Clinic to Cloud

    Clinic to Cloud

    Clinic to Cloud is a secure, scalable Medical Practice Management Platform that optimises practice operations, improves financial performance, and delivers better patient experiences.

    $8M

    $20M

    86

    2014

    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.