These are the top SaaS companies in Sheffield, United Kingdom. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Sheffield by featuring these 10 companies with combined revenues of $9.3M.
Together, Sheffield SaaS companies employ over 195 employees, have raised $4.4M capital, and serve over 50K customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Developer of a cloud-based business software designed to empower clients to get the best from their technology. The company's cloud-based business software provides SMEs and large not for profit enterprises with services to enhance growth by implementing smart business applications in the form of Microsoft Dynamics, enabling businesses to improve efficiency and productivity in a wide range of industries including manufacturing, distribution, process, service and professional services.
Information Technology Software
Developer of a compliance and invoice platform designed to save time, money and achieve industry best practice through collaboration and data sharing. The company's platform offers a fleet maintenance and compliance application, enabling vehicle manufacturers, dealers and repairers with workshops to connect with each other for fleet management and leasing services.
Cloud Computing Software
Developer and provider of SaaS and cloud-based workforce management software intended to deliver unprecedented quality and return on investment. The company's innovative human resource, payroll and workforce management software are configurable and perfectly adaptable, catering diversified business segments including hospitality, retail, commercial, education, public sector, manufacturing and care, enabling the clients to avail a first-class customer experience and address specific organizational needs.
Developer of compliance management software designed to offers governance, risk and compliance services. The company's compliance management software offers a quality management module that delivers the right information to the right people at the right time via a cloud based platform, enabling organizations to manage their business information by maintaining compliance with regulations, standards or contractual obligations.
Developer of a SaaS based human resource management software designed to streamline the process of HR functions. The company's platform specializes in providing document management, absence management, task management, staff management, reporting and holiday planning, enabling HR managers to work efficiently and best engage their employees.
Developer of a cyber security cloud platform designed to connect IoT devices with end-to-end authenticated, encrypted security. The company's platform offers secure collection, encryption and authentication of data from the sensor to the end user as well as provides a reliable, responsive, secure and scalable cloud environment, enabling manufacturers to receive a powerful and scalable server infrastructure for communications and data storage.
Application Development Software
Developer of a cloud-based platform designed to offer clean and affordable energy. The company's cloud-based platform uses a pay-per-charge rental model to supply smart battery packs at a price affordable to low-income households, enabling users to access clean, renewable energy and mobile electricity via smart batteries that can be recharged using cashless payment rental systems.
OrderHarmony is a SaaS product for wholesalers and distributors to manage their back-offices.
Authoring And Publishing Software
Developer of an online marketplace for drone pilots designed to connect customers with operators around the world. The company's platform is an online application where users can hire drone pilots for filming or capturing videos and photos and also search aerial stock footage captured by the professional drone operators, enabling customers to book bespoke work, from initial quote to confirmation, for any industry and in any location across the globe.
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.