These are the top SaaS companies in Wexford, Ireland. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Wexford by featuring these 4 companies with combined revenues of $6.7M.
Together, Wexford SaaS companies employ over 120 employees, have raised $7.7M 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.
Enterprise Feedback Management Software
Provider of a ticketing software created to enable professionals sell more tickets and create memorable experiences for their customers. The company's software tool allows venues, promoters and event organizers to manage ticketing operations including online and telephone ticket sales, box-office management, admissions control and event promotion.
Information Technology Software
Operator of a documentary exchange company specializing in dematerialization, including Electronic Document Management and Collaborative processes in SaaS mode. The company's dematerialization platform enables companies to send pay slips online and sign contracts, secure trade and have a better reliability of HR data, reduce costs, optimize processes and reduce the company's ecological footprint.
Event Management Software
Patron Technology is a developer of a cloud-based CRM platform designed to revolutionize the arts and entertainment industry by helping clients build stronger and more profitable relationships with their patrons. The company's platform is built on Salesforce and permits management of ticketing, subscription, fundraising, email marketing and staff collaboration, enabling clients to help their staff become more efficient and provide a better customer service. It seeks to strengthen its core operations through mergers and acquisitions.
Developer of employee performance management software. The company offers an employee performance management software that helps organizations in management, communication and decision-making.
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.