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Top SaaS Companies in Canada
List of the largest SaaS companies in Canada (Click to apply)
These are the top SaaS companies in Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Canada by featuring these 75 companies with combined revenues of $725.4M.
Together, Canada SaaS companies employ over 5K employees, have raised $793.1M capital, and serve over 16M customers around the world.
- Dooly Research $1.0M
- Keatext $996.0K
- Autoklose $972.0K
- Spark $840.0K
- Nudge $720.0K
- Thebettersoftwarecompany $4.8M
- Janeapp $4.7M
- Proposify $4.5M
- Risevision $4.2M
- Activedemand $3.6M
- Vanillasoft $10.0M
- Roadmunk $8.0M
- Parkbench $7.5M
- Stantive $7.5M
- Simplycast $7.2M
- Hootsuite $150.0M
- Coveo $90.0M
- Freshbooks $55.0M
- Benevity $45.0M
- Maropost $36.5M
- 01
$150.0M
$50.0M
16M
1K
2008
Canada
- 02
$90.0M
$150.0M
1K
350
2008
Canada
- 03
$55.0M
$75.0M
305K
300
2004
Canada
- 04
$45.0M
$38.0M
450
500
2008
Canada
- 05
$36.5M
—
380
158
2011
Canada
- 08
$25.0M
$35.0M
500
220
2011
Canada
- 09
$24.0M
$8.0M
1K
250
2008
Canada
1-10 of 74
NextThe Latka Grid
Bootstrapped, Funded SaaS
55 bootstrapped companies made the 2019 list compared to 102 funded companies that have raised $2.8 billion in total.
These bootstrapped founders should be very proud. They found creative ways to drive growth without having to sell big chunks of their company for equity.
53 of these bootstrapped CEO’s are not located in San Francisco or New York.
All except 6 of the 55 are profitable as of December 2019.
Is Churn Important for Growth?
90 of these companies have net revenue retention greater than 100%. This means their upsell and expansion revenue from historical customers more than makes up for any lost revenue from those same customers.
34 of these companies have net revenue retention between 80-99%.
The companies with net revenue retention under 80% annually share a common theme in that only 2 out of the 29 companies have any expansion revenue at all.
Many of these companies simply haven’t added a second product to upsell, or don’t rely on utility based upselling. Expect their growth to expand in 2020 as many of them have expansion revenue in their strategic plans.