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.
ITMAGINATION is helping its clients to innovate by providing software development, data analytics and outsourcing solutions
AnyTech365 is offering cloud backup,internet security,software installation and PC maintenance services for businesses located in Marbella.
BASSETTI addressing client’s needs to improve the way internal knowledge is structured and diffused within an organization.
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
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Business Development Software
EDICOM is one of the largest international benchmarks in development of platforms for data transmission between companies.
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.
Software - Upgrade the guest experience
Medical Director is a medical software that processes the medical information of patients.
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.