These are the top SaaS companies in Scotland, United Kingdom. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Scotland by featuring these 23 companies with combined revenues of $528.7M.
Together, Scotland SaaS companies employ over 957 employees, have raised $28.6M capital, and serve over 502K customers around the world.
Provider of an online photo sharing platform. The company offers a online photo journal which allows people around the world to keep record of their daily life, by taking and sharing one photo to represent their day.
Developer of security software designed to support the controlled sharing and use of data inside and outside the boundaries of an organization. The company's software maintins compliance with internal policies and external regulations, enabling clients to
Developer of a Saas based unique eye test designed to offer early detection of glaucoma. The company's Ring of Sight, eye test covers visual field testing using a cursor and LED screen, configured for use within a Windows environment and has two developed
Developer of integrated learning software intended to assist educational organizations to go on a digital transformation journey. The company's software helps to build integrated infrastructures for education and training strategies, as well as offers to m
Operator of cloud-computing platform intended to connect sponsors, sites and patients throughout the process of clinical trials. The company's cloud-computing platform offers patient recruitment, engagement, retention and data acquisition in clinical studi
Developer of a performance testing software designed to provide load and performance test tools. The company's platform is a test and performance platform to test virtual and remote desktops by identifying if there are bottlenecks and other capacities, tun
Developer of software testing tools intended to address concurrency issues and ensure accuracy of information and transactions. The company's tools are based on cutting-edge academic research which help to identify and avoid software failures in concurrent
Provider of an on-device application designed to revolutionize mobile customer's experience. The company's on-device application measures users' true quality of experience from end-device to service by correlating in real-time with network, device and serv
Developer of uncertainty management software created to redress the gap between vendor-designed software and the investment decision requirements of oil companies. The company's software helps to manage uncertainty and support the next business decision, e
Developer of collaboration platform intended to build, rehearse, deploy and review technology cut-over plans. The company's software transforms the standard cutover process from a once chaotic, spreadsheet-centric event, to a now controlled and collaborati
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.