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
    Ride On

    Ride On

    Software as a Service Platform(SaaS)

    $5M

    59

    2014

    Spain

  2. 02
    Basemark

    Basemark

    Rocksolid(R) by Basemark is the brain of the autonomous driving vehicle

    $5M

    $111M

    54

    2015

    Spain

  3. 03
    doctorSIM

    doctorSIM

    Cell Phone Topup, Unlocks & Checks

    $5M

    15

    2006

    Spain

  4. 04
    DEXMA

    DEXMA

    Information Technology & Services

    Developer a SaaS based based energy analysis software and hardware tool designed to monitor consumption and measurement of energy savings. The company's DEXCell Energy Manager enables building and industrial plant managers to implement energy efficiency me

    $5M

    57

    2007

    Spain

  5. 05
    Blueliv

    Blueliv

    Computer & Network Security

    Provider of a cloud-based enterprise cyberthreat intelligence platform designed to discover, detect, deny and disrupt the growing number and types of cyber threats in the world. The company's enterprise cyberthreat intelligence platform turns global threat

    $5M

    57

    2009

    Spain

  6. 06
    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

    87

    1999

    Spain

  7. 07
    Woffu

    Woffu

    Information Technology & Services

    Developer of software solution focused on the digitization of efficient time management. The company's platform has API integration, support team, integrated with bio metric devices which manages shifts, presence control, internal communication and reports

    $4M

    53

    2015

    Spain

  8. 08
    Thehotelsnetwork

    Thehotelsnetwork

    Hospitality Software

    Improve your hotel’s profitability with tools that increase direct bookings and bring in new clients. Including price comparison widget, reviews, notifications and retargeting.

    $4M

    $16M

    3K

    100

    2015

    Spain

  9. 09
    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

    49

    2012

    Spain

  10. 10
    Vavatech

    Vavatech

    Vavatech focuses on creating web-based systems and provides specialized information technology training.

    $4M

    $5M

    46

    2005

    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.