These are the top SaaS companies in Bath, United Kingdom. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Bath by featuring these 6 companies with combined revenues of $23.3M.
Together, Bath SaaS companies employ over 464 employees, have raised $110.9M capital, and serve over 6M customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Data Analysis, Data Management, Performance Analytics, SaaS
Developer of a ready-to-use fraudulence detecting software designed to detect risk, eliminate fraud and secure compliance. The company's fraudulence detecting software uses proprietary analytics and indexes to mitigate risk for any application, policy or claim and delivers the FRISS Score, a risk indication, enabling businesses to detect and eliminate fraudulence and insurance risks, thereby improving decisions on quotations, policies and claims across all private and commercial lines.
The Filter uses data to personalise TV content discovery for some of the world's largest broadcasters and TV companies.
B2B Marketplace Platforms
Provider of people analytics software. The company uses neuroscience, game mechanics and data insight to transform an organization's understanding and performance of its people. Its products use game-based assessments, personalized scorecards, targeted coaching tools, dashboard analytics among other things, to asses candidate attributes and allocate them to the role best suited to them.
Our Digital Sales Assistant helps you convert your chat into sales, turning every customer question into a sales opportunity.
Operator of self-service online survey platform designed to deliver cost effective, real time results. The company's market research platform, Usurv, provides immediate access to respondents from a network of third party partner web sites and sample providers, via online or mobile recruitment and automatically fields short form surveys enabling small businesses, major brands and marketers to run rapid turn-around online surveys at a fraction of the price of traditional online market research offerings.
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.