Top SaaS Companies in Ukraine

List of the largest SaaS companies in Ukraine (Click to apply)

These are the top SaaS companies in Ukraine. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Ukraine by featuring these 12 companies with combined revenues of $7.7M.

Together, Ukraine SaaS companies employ over 441 employees, have raised $2.4M capital, and serve over 10K customers around the world.

$0 - $1M ARR
  1. CubEgg $1.0M
  2. Serpstat $840.0K
  3. Saasfounders $180.0K
$1M - $5M ARR
  1. Ringostat $1.0M
$5M - $10M ARR
    $10M+ ARR
      1. 01
        Joinposter

        Joinposter

        Erp Software

        Point of sale for cafes and restaurants

        $4.3M

        $50.0K

        8K

        140

        2013

        Ukraine

      2. 02
        Ringostat

        Ringostat

        CRM and Related Software

        Ringostat — make right business decisions using call analytics ★ Calltracking, virtual pbx, callback widget, 14 days free trial.

        $1.0M

        $400.0K

        600

        86

        2013

        Ukraine

      3. 03
        CubEgg

        CubEgg

        CubEgg is an excellent solution to manage your business!

        $1.0M

        $500.0K

        1

        2014

        Ukraine

      4. 04
        Serpstat

        Serpstat

        CRM and Related Software

        Serpstat is a Ukrainian website which offers search engine optimization services, such as keyword research and backlink analysis.

        $840.0K

        $250.0K

        1K

        101

        2015

        Ukraine

      5. 05
        Saasfounders

        Saasfounders

        We help IT founders to get new 50K +contracts via LinkedIn

        $180.0K

        36

        10

        2017

        Ukraine

      6. 06
        Polyteda-Cloud

        Polyteda-Cloud

        CAD and PLM

        Physical Verification of microchips in a cloud, SaaS pay-per-use

        $132.0K

        $1.5M

        100

        20

        2015

        Ukraine

      7. 07
        Eighth Studio

        Eighth Studio

        Your personal video marketing studio

        $96.0K

        30

        2008

        Ukraine

      8. 08
        Korzh.com

        Korzh.com

        NET library for adhoc-reporting and data filtering

        $60.0K

        5

        1998

        Ukraine

      9. 09
        Flawless App

        Flawless App

        Community Building 101: research project

        $26.4K

        5

        2015

        Ukraine

      10. 10
        Talk to Ri

        Talk to Ri

        App for techies to develop soft skills

        $24.0K

        5

        2018

        Ukraine

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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.