These are the top SaaS companies in Belfast, United Kingdom. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Belfast by featuring these 22 companies with combined revenues of $281.4M.
Together, Belfast SaaS companies employ over 1K employees, have raised $8M capital, and serve over 0 customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Top SaaS Companies with $5 - $10M ARR
Kainos provide digital technology solutions that enable companies to work smarter, faster, better.
Information Technology Software
Provider of managed cloud-based services. The company offers cloud services, such as BaaS, DRaaS, hosted Skype for business, single-tenant cloud, managed WAN, and IaaS, including cloud strategy assessment, public cloud consultancy, cloud migration and inpatient care flow; managed services, which include managed support, certifications, and approaches to SLA and risk and insights and serves construction, education, financial services, health trust, manufacturing and transport, public sector, retail and distribution, and third sector state sponsored industries.
Developer of data quality software intended to tackle common issues in banks largely arising due legacy IT systems. The company's software offers to deliver continuous data quality and regulatory compliance to comply with financial regulations and improve data quality, enabling clients to have their data in order and quickly respond to new standards.
Provider of safety management documentation systems designed to power generation facilities and oil refineries. The company's safety management documentation systems improve plant safety, productivity and compliance through creating and managing work permits electronically, enabling clients to configure and develop safety rules and standards.
Data Integration Software
Developer of enterprise software designed to solve complex technical problems. The company's multi-cloud cloud integrator platform specializes in the development, integration, and testing of hybrid cloud products and solutions, enabling cloud providers with cloud development and test services.
Digital Analytics Software
Provider of software and consultancy services designed to offer strategic resource management and planning. The company's services help organizations to optimize every facet of their event planning, space planning, resource management, timetabling and scheduling activities, enabling businesses to work efficiently.
SaaS Risk Management - discover and manage the SaaS in your organisation
Hurree is a mobile marketing and engagement platform.
Cloud Platform as a Service (PaaS) Software
Developer of a survey management platform designed to streamline real-world reporting. The company's platform uses web-based software to capture data and prepare a report automatically using a four-stage process, enabling businesses to maximize their success by cutting down survey time and access branded reports created in a fraction of the usual time taken.
Developer of cloud-based business software designed to transform industry processes. The company's cloud-based software offers job cards and MRP inventory requirements, full customer history, serial numbering, real-time reporting and alerts and modular and scalable as the business needs develop, enabling SME plants, equipment manufacturers and suppliers to achieve efficiency savings over manual processes and make their business more scalable.
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.