These are the top SaaS companies in Birmingham, United Kingdom. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Birmingham by featuring these 17 companies with combined revenues of $62.9M.
Together, Birmingham SaaS companies employ over 1K employees, have raised $5.0M capital, and serve over 240 customers around the world.
Automotive Services Software
BT Global Services is a provider of information technology services. Serving 8,500 global organizations, the company provides global networked IT services to help organizations run more efficiently and focus on technical innovation and vertical market expe
Information Technology Software
Daxko is a provider of software solutions and services to member-based nonprofits in the United States. The solutions it provides are Daxko Accounting, Daxko Engage, Daxko Mobile, Daxko Operations, Daxko Reciprocity and Daxko Spectrum. Its customers includ
Voxpopme is a smartphone app that pays you to have an opinion. Get paid for sending your video responses directly to brands asking you the questions.
UK Managed Software Product Outsourcing - Microsoft Gold Partner.
Orlo is a unique, new online conversation ecosystem
Field Service Management Software
Developer of virtual interactive presence technology designed to establish customer relationships by changing the speed, quality and responsiveness of the service organization. The company's virtual interactive presence technology offers a patented mobile
Business Development Software
Developer and provider of service management softwares. The company develops web and mobile application for building service and maintenance industry.
Provider of medical cost and benefit management software intended to make better business and provide better care. The company uses proprietary software and certified network of third-party DME service providers to offer medical cost and benefit management
Collaboration & Productivity Software
Developer of a digital platform created to provide smart business spreadsheet solutions. The company's cloud-based platform automates the integration of financial data from multiple entities to create a unified, consolidated set of management or statutory
Developer of an HR management platform intended to simplify and automate human capital processes. The company's platform offerings include a cloud based suite of tools, including an HR database, employee self service, HR reporting, time sheets and performa
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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.
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.