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.
Synerquia is a web service for selection process, multiplying the publication offers, the candidates are choosing the right professional.
Data Science And Machine Learning Platforms
Developer of a dimensional reduction and clustering technology designed to auto-segment data to identify patterns, outliers and correlations visually at once. The company's technology helps companies to discover insights from their data with different stru
Twenix is an e-learning SaaS that helps teams in business with their English knowledge acquisition.
MMC is a global technology company founded in 2012 and headquartered in Barcelona, Spain, focusing on building 3D Digital Venue Management Solutions for the Sports and Entertainment Venues.
Artificial Intelligence Software
Provider of digital content development software. The company provides content generation technology and artificial intelligence for digital content creation to the entertainment industries.
Supply Chain & Logistics Software
Developer of a cloud-based logistics software designed to solve last mile delivery management for eCommerce industry. The company's cloud-based logistics software uses artificial intelligence that bridges the gap between shopper, merchant, carrier and citi
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,
Digital Advertising Platforms
Provider of search engine marketing and automation tools designed to offer unique competitive advantages to the customers. The company's marketing and automation tools offer an online advertising management platform, enabling advertising agencies to manage
Cloud Computing Software
Provider of an e-commerce personalization suite intended to enhance buying experience and increase ecommerce site sales. The company's e-commerce personalization suite analyzes online users behavior to offer the relevant products for the users of digital c
Financial Services Software
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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.