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
    Synerquia

    Synerquia

    Consulting Software

    Synerquia is a web service for selection process, multiplying the publication offers, the candidates are choosing the right professional.

    $997K

    $400K

    21

    2007

    Spain

  2. 02
    Graphext

    Graphext

    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

    $969K

    21

    2015

    Spain

  3. 03
    Twenix

    Twenix

    E-Learning Software

    Twenix is an e-learning SaaS that helps teams in business with their English knowledge acquisition.

    $960K

    $2M

    23

    2018

    Spain

  4. 04
    Mobile-Media Content

    Mobile-Media Content

    3D Technology

    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.

    $944K

    $400K

    11

    2012

    Spain

  5. 05
    Lurtis Rules

    Lurtis Rules

    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.

    $931K

    19

    2014

    Spain

  6. 06
    Nektria

    Nektria

    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

    $925K

    11

    2012

    Spain

  7. 07
    Nubesis

    Nubesis

    DevOps Software

    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,

    $924K

    13

    2008

    Spain

  8. 08
    Clever PPC

    Clever PPC

    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

    $916K

    11

    2012

    Spain

  9. 09
    Blueknow

    Blueknow

    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

    $914K

    12

    2009

    Spain

  10. 10
    StockCrowd-IN

    StockCrowd-IN

    Financial Services Software

    $912K

    11

    2015

    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.