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List of the largest SaaS companies in London, United Kingdom

Top SaaS Companies in London

These are the top SaaS companies in London, United Kingdom. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for London by featuring these 942 companies with combined revenues of $8B.

Together, London SaaS companies employ over 53K employees, have raised $8B capital, and serve over 432M customers around the world.

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Highlights

02
RW
Robert Walters

Advertising Software

Robert Walters is a global, specialist professional recruitment consultancy.

$1B
-
-
4K
1985
United Kingdom
03
TAG
The Access Group

Financial Services Software

Developer of business management software for businesses and non-profit organizations in the United Kingdom. The company engages in developing a single, unified platform that connects suites of industry-specific products with financial and HR systems and offers enterprise resource planning, customer relationship management and document services enabling clients in mid-market businesses to receive accurate and updated data.

$508M
-
32K
2K
1989
United Kingdom
04
IMI
IMImobile

Advertising Platforms Software

IMImobile is a cloud communication software that helps users manage customer interactions at scale.

$242M
$13M
-
835
1999
United Kingdom
05
O
Outfit7

3D Technology

Outfit7 develops mobile apps and games for the iOS and Android platforms. The company's most successful game to date is the Talking Tom Cat app which has been downloaded 40 million times. The company was formed just one year earlier by a group of creative minds and entrepreneurs. With a mission to bring fun and entertainment to all, these experts in the field of online search realized that direct engagement with users was key and that a new interactive and animated animal app would provide the fun and entertainment they were looking to create. Their first creation was Talking Tom. Talking Tom first launched on iPhone and android in 2010. The charismatic cat is now instantly recognized the world over and Outfit7 was the first company to reach 300 million downloads within 19 months. There are now six characters (Talking Tom, Talking Angela, Talking Ginger, Talking Ben, Talking Pierre, and Talking Gina) and a total of 14 apps within the Talking Tom and Friends umbrella brand. Now a suc

$184M
-
350M
366
2009
United Kingdom
06
MUBI
MUBI

Digital Marketing Solutions

Provider of online movie streaming services intended to offer audiences to watch cinemas. The company's online movie streaming services help audiences to watch movies anytime, anywhere, enabling audiences to discover and discuss films.

$134M
$10M
8M
3K
2007
United Kingdom
07
A
Acturis

Insurance Software

Acturis is accelerating digital transformation in insurance with the latest cloud-based software solutions for insurance brokers, insurers and MGAs.

$127M
-
80K
383
2000
United Kingdom
08
WR
WorldRemit

Financial Services Software

Provider of an online digital money transfer platform intended to help people to send money to friends and family living abroad. The company's platform provides international transfers to mobile money account where a customer's phone numbers acts like a bank account to hold funds and transfer money using debit cards, credit cards and local payment methods, enabling users to send money easily and securely with guaranteed exchange rates and low processing fees.

$121M
$363M
2M
816
2010
United Kingdom
09
TOB
Thomsons-Online Benefits

Innovation Intelligence Software

Thomsons Online Benefits is a global benefits management and employee engagement software company that also provides consultancy services related to reward, workplace pensions and employee benefit programmes.

$100M
-
-
251
2000
United Kingdom
10
G
Gett

B2B Software

Gett is a technology platform focused on corporate Ground Transportation Management (GTM), for spend estimated to exceed $100b globally

$99M
$917M
-
1K
2010
United Kingdom
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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.