These are the top SaaS companies in Venezuela. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Venezuela by featuring these 5 companies with combined revenues of $8.4M.
Together, Venezuela SaaS companies employ over 106 employees, have raised $1M 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.
Para la fecha, nuestra oferta de valor agregado se ha ampliado a distintas áreas de las tecnologías de la información. Especialmente aplicamos nuestro ingenio en brindar soluciones efectivas a los principales problemas que afectan a empresas y ciudades...
SaaS, Mobile App, Game Design, Game Development
Provider of a qualitative and quantitative text analysis tool. The company provides a loading platform which helps in environmental analysis, visualization of text databases and graphical reports generation.
Provider of a web-based platform for buying, selling and exchange of used baby items. The company provides an online web-based platform where parents can buy, sell, select and exchange items and accessories related to babies.
Provider of a gaming platform. The company offers recreational activities that are recorded and uploaded, virtual communities that connect through social gaming, and live events that become part of a TV franchise format.
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.