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List of the largest SaaS companies in Turkey

Top SaaS Companies in Turkey

These are the top SaaS companies in Turkey. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Turkey by featuring these 101 companies with combined revenues of $210.1M.

Together, Turkey SaaS companies employ over 3K employees, have raised $250.4M capital, and serve over 22M customers around the world.

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Highlights

11
$3M
$1M
-
45
2015
Turkey
12
KB
KolayBi

Accounting and Finance Software

Developer of an enterprise resource planning system designed to offer new and economic system for small and middle-sized enterprises. The company's system easily manage the entire accounting processes, register data and generate reports by recording caries and keep track of collection and payment information instantly and it also create invoices and waybills for existing orders, save them on system and make shipment process easier, enabling enterprises to optimize their office work and to increase their productivity and sustainability.

$3M
-
15K
30
2017
Turkey
13
SPTI
SmartPulse Technology Inc.

nformation Technology & Services

smartPulse aims to change the traditional energy planning methods through algorithmic trading with machine learning support. It develops advanced energy trading software solutions technologies with its original software strength and Internet of Things infrastructure. smartPulse Technology provides smart energy management platform software solutions and infrastructures that provide effective management of production and consumption points.

$2M
-
-
27
2018
Turkey
14
LOKI
LOKI

Information Technology Software

Developer of a network security device designed to detect and eliminate cyber attacks. The company's cloud-based network management device integrates with a unified threat management system which when connected to routers or modems performs multiple functions including antivirus, anti-spam and content filtering services, enabling users to access and use Internet safely and securely.

$2M
$168K
-
26
2016
Turkey
15
s
smpl.

Marketing Automation Software

smpl. is a marketing automation tool that transforms online visitors into customers

$2M
$250K
-
21
2012
Turkey
16
VL
Volt Lines

Automotive Services Software

Provider of a subscription-based transportation service. The company gives its user access to unlimited rides on buses during commute hours from Monday to Friday.

$2M
$8M
-
35
2017
Turkey
17
BM
B2Metric

Artificial Intelligence Software

AutoML based predictive analytics platform with adaptive learning from raw customer data to actionable insights, optimized marketing.

$2M
$435K
-
20
2018
Turkey
18
P
Proven

Talent Management Software

More than just another job board. Post to 100+ job boards, screen candidates, and take your hiring on the go. https://www.proven.com Instead of posting manually to each job board yourself... ...a Proven job post is automatically posted to 1...

$2M
$4M
2K
15
2009
Turkey
19
P
Peoplise

Talent Management Software

Peoplise is a Talent Experience System which turns ATSs (applicant tracking systems) into a mobile compatible platform with social media hiring, digital assessments & branding tools.

$2M
-
-
18
2013
Turkey
20
T
Temizlikyolda

Monitoring Software

Temizlikyolda is a SAAS technology which provides ; A well-improved improved dashboard for monitoring and managing your cleaning business. The dashboard which ensures you to supervise your personnel and online / offline orders. You can also follow up your KPI numbers in detailed statistic module. Applications with GPS tracking technology (IOS & ANDROID) for your drivers and service providers . Applications (IOS & ANDROID) for your customer's reservations. To sum up Temizlikyolda is all in one technology for managing a Cleaning Business. Temizlikyolda has already been available in Turkey, Cyprus, Azerbaijan, Ukraine, Saudi Arabia, Qatar, Dubai, Kuwait, Oman and we continue to expand our service area.

$2M
-
-
21
2013
Turkey
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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.