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. 11
    ITMAGINATION

    ITMAGINATION

    ITMAGINATION is helping its clients to innovate by providing software development, data analytics and outsourcing solutions

    $23M

    250

    2008

    Spain

  2. 12
    AnyTech365

    AnyTech365

    AnyTech365 is offering cloud backup,internet security,software installation and PC maintenance services for businesses located in Marbella.

    $20M

    $6M

    290

    2014

    Spain

  3. 13
    BASSETTI GROUP

    BASSETTI GROUP

    BASSETTI addressing client’s needs to improve the way internal knowledge is structured and diffused within an organization.

    $19M

    $8M

    214

    1992

    Spain

  4. 14
    ITESOFT

    ITESOFT

    ITESOFT is a software vendor with an ambition to help private and public organisations interact with their business partners, such as customers, suppliers and administrations, in a simpler, faster and more cost-effective manner by streamlining and automati

    $19M

    213

    1984

    Spain

  5. 15
    Forcemanager

    Forcemanager

    CRM and Related Software

    Gain sales management insight thanks to a more transparent team performance. Try ForceManager the leading mobile CRM for field sales teams worldwide.

    $17M

    $16M

    700

    153

    2011

    Spain

  6. 16
    HiQ Finland

    HiQ Finland

    HiQ yksinkertaistaa ihmisten arkea teknologian avulla.

    $17M

    $910K

    184

    1987

    Spain

  7. 17
    EDICOM

    EDICOM

    Business Development Software

    EDICOM is one of the largest international benchmarks in development of platforms for data transmission between companies.

    $16M

    15K

    402

    1995

    Spain

  8. 18
    Aytos Soluciones Informáticas

    Aytos Soluciones Informáticas

    Information Technology Software

    Provider of information technology services for city councils. The company focuses on development and implementation of administration resource planning software services and electronic administration for Spanish public entities.

    $15M

    2K

    247

    1993

    Spain

  9. 19
    Reviewpro

    Reviewpro

    Software - Upgrade the guest experience

    $15M

    $7M

    45K

    110

    2008

    Spain

  10. 20
    MedicalDirector

    MedicalDirector

    Medical Director is a medical software that processes the medical information of patients.

    $14M

    $15M

    152

    2016

    Spain

11-20 of 471

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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.