These are the top SaaS companies in Kyiv, Ukraine. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Kyiv by featuring these 13 companies with combined revenues of $229.1M.
Together, Kyiv SaaS companies employ over 3K employees, have raised $2.6M capital, and serve over 7M customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Ukrtelecom PJSC operates a telecommunications network that offers telephone services, which include international, long-distance, and local telephony; data transmission and construction of private virtual telephone networks; Internet services, including switched and broadband Internet access, permanent IP-connection through a dedicated line; hardware and virtual hosting. It operates through two segments are Fixed-line telecommunications and Mobile telecommunications. Geographically it operates through Ukraine.
Social Media Marketing Software
Operator of an online social media monitoring platform. The company provides social media monitoring and analytical tools which help companies to understand consumer opinions and complaints posted in social media.
Email Deliverability Platform
Software As A Service Platform(Saas)
Artificial Intelligence Software
Recoshelf serves FMCG suppliers and retailers to automate trading floor operations, particularly we monitor product availability, planogram and prices. We use our AI-based cloud service to recognize thousands of shelf pictures every day collected in the supermarkets. We free employees from the routine tasks and help retailers to fix issues like empty shelf, a wrong/not optimal price. As result, retail cuts operational costs, get clean and fresh shelf information that increases sales by 5-6%.
Digital Advertising Platforms
BRISE is a private investment company, specialized on scouting and project development in two major domains — MarTech and Marketplaces
Software As A Service Platform(Saas)
Lead Generation Services
We help IT founders to get new 50K +contracts via LinkedIn
Cad & Plm Software
Physical Verification of microchips in a cloud, SaaS pay-per-use
Project Management Software
CubEgg is an excellent solution to manage your business!
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.