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From $800k to $274M in 4 Years - The Story of Ariba

Tom Tunguz

It sold software to help businesses buy the things they need in order to operate, everything from pens to planes. In particular, Ariba sold software to run RFPs, manage contracts with suppliers, analyze corporate spending and ensure financial compliance. But, the company has been operating at close to breakeven since 2004.

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SaaS “Industry-Centric” Business Models

OPEXEngine

Avalara provides tax compliance solutions for direct and indirect taxes. Online accounting software provider Xero, for example, was founded in 2006 and now trades publicly at a 22x Enterprise Value to TTM Revenue multiple. It’s easy to understand why Vertical SaaS companies developed more slowly than Horizontal SaaS companies.

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Top 20 SaaS Companies in Australia

SmartKarrot

Launched in 2004, Campaign Monitor is an email marketing platform catering to businesses of different sizes. This Australian SaaS company aims at cutting down the time and effort of software developers with its dot net deployment automation tool. Headquarter: Melbourne, Australia. Campaign Monitor. Founder/ CEO: Ben Rubin.