These are the top SaaS companies in Rehovot, Israel. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Rehovot by featuring these 5 companies with combined revenues of $5.8M.
Together, Rehovot SaaS companies employ over 121 employees, have raised $37.5M capital, and serve over 85K customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Financial Services Software
Developer of a financial technology designed to control, scale and analyze businesses across technology and operations. The company's risk and exception management tool delivers control, transparency and collaboration into the operating models of financial institutions, enabling them quickly and easily adopt the service without significant resource allocation and helps to control their risk management practices while increasing the number of services consumed.
Software Testing Tools
End-to-end Test Management tool for test case management. PractiTest provides full visibility, clear results, flexibility and integrations with many tools
Software As A Service Platform(Saas)
smoove is an innovative SAAS Marketing automation platform that empowers businesses to grow with its 4 core solutions: email marketing, marketing automation, sms marketing and landing page solutions. Our platform allows you to strengthen the connection with your customers with more relevant and personal marketing than ever before. smoove is simplifying marketing automation once and for all.
Go LIVE on Social Media Using Pre Recorded Videos Schedule & Live Stream Your Pre Recorded Videos to Facebook Live, YouTube Live and Periscope. https://onestream.live
Developer of a duplicate image proofing platform intended to automate quality assurance for research articles. The company's platform leverages digital image analysis and algorithms to classify images into their common scientific types and identify their features, enabling researchers, institutes and publishing houses to detect any possible image or partial image duplication.
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.