These are the top SaaS companies in Ankara, United Kingdom. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Ankara by featuring these 5 companies with combined revenues of $7.2M.
Together, Ankara SaaS companies employ over 140 employees, have raised $19.7M capital, and serve over 1K customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
It Infrastructure Software
Provider of an online platform intended to address all the needs of setting an omnichannel business for supermarkets and grocery chains. The company's online platform offers service related to database, catalogue infrastructure, CRM and report infrastructure, enabling its clients to receive mobile Web sites and applications especially designed for groceries.
Collaboration & Productivity Software
Servislet is a full solution SAAS and marketplace provider in the automotive industry.
Authoring And Publishing Software
Provider of tech-media services designed to cater services in Turkey. The company's services and platform offers elastic private cloud, big-data analytics, CMS and advertising, as well as multiple consumer video sites with topics ranging from recipes to nostalgia, enabling users to get operational efficiency and ability to scale.
Business Intelligence Software
1.000.000â€™dan Fazla Ä°hale, 200.000â€™den Fazla Firma, 35.000â€™den Fazla Kamu Kurumu Verisiyle TÃ¼rkiyeâ€™nin Ä°lk ve Tek Kamu Ä°haleleri Ä°stihbarat Ã‡Ã¶zÃ¼mÃ¼. E-Ä°hale, E-SatÄ±nAlma ve E-SipariÅŸ AltyapÄ±larÄ± Ä°le Åžirketiniz Ä°Ã§in AkÄ±llÄ± SatÄ±n Alma ve Pazarlama Ã‡Ã¶zÃ¼mleri. Ä°ÅŸinizi BÃ¼yÃ¼tmeniz Ä°Ã§in Ä°htiyaÃ§ DuyduÄŸunuz Bilgiyi SaÄŸlÄ±yoruz.
Developer of a security operations center management platform designed to simplify and streamline security operations for a safe and secure future. The company's SOAR (Security Orchestration and Automated Response) platform introduces Automated Threat Analysis and Response technology which helps organizations, collecting alerts and threat feeds in a central place to response and remediate incidents efficiently. It shrinks the investigation times from hours to minutes.
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.