Top SaaS Companies in Calgary

List of the largest SaaS companies in Calgary, Canada (Click to apply)

These are the top SaaS companies in Calgary, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Calgary by featuring these 55 companies with combined revenues of $109.1M.

Together, Calgary SaaS companies employ over 1K employees, have raised $100.0K capital, and serve over 2M customers around the world.

$0 - $1M ARR
  1. GOmentr Inc. $981.7K
  2. Evoco $866.6K
  3. Tressl $820.8K
$1M - $5M ARR
  1. Kidoodle $4.0M
  2. CIPHR $3.2M
$5M - $10M ARR
  1. Solium $9.6M
$10M+ ARR
  1. Replicon $50.0M
  1. 01
    Replicon

    Replicon

    Marketing Automation Software

    Replicon, Inc. is a software company providing cloud time tracking applications including timesheet and expense management software, using SaaS, for automating employee time tracking, project time tracking, expense tracking and resource scheduling.

    $50M

    $20M

    2M

    251

    1996

    Calgary

  2. 02
    Solium

    Solium

    Financial Services Software

    Solium Capital was a financial services company that used to provide cloud-enabled services for global equity administration, financial reporting and compliance. It specialized in stock option administration, restricted stock administration, ESPP administr

    $10M

    162

    1999

    Calgary

  3. 03
    Kidoodle

    Kidoodle

    Education Software

    Provider of an online video streaming platform for children. The company offers unlimited streaming of the very best children's TV shows, movies and educational programming.

    $4M

    $15M

    52

    2012

    Calgary

  4. 04
    Activedemand

    Activedemand

    Marketing Software

    Marketing Automation

    $4M

    500

    50

    2012

    Calgary

  5. 05
    CIPHR

    CIPHR

    Payroll Software

    Developer and provider of human capital management software. The company develops human capital management software under the brand name CIPHR which is used for personnel management , employee training administration, absence recognition and management and

    $3M

    153

    1982

    Calgary

  6. 06
    Spira-Data

    Spira-Data

    Construction Software

    Spira ORP is a cloud-based operation software that eliminates delays, drives efficiencyand makes businesses more profitable by allowing them to connect the field to the office. With offline capabilities, Spira ORP allows for data sharing for oilfield s...

    $3M

    30

    2004

    Calgary

  7. 07
    Just Business Results

    Just Business Results

    Analytics Software

    Just Business Results provides SAAS solutions for vendor management along with analytics, process control and marketplace.

    $3M

    35

    2008

    Calgary

  8. 08
    Keyworks

    Keyworks

    Cyber Security Software

    Keyworks is a fast-growing GRC/Cyber Security and Engineering firm developing custom and SaaS-based risk management solutions.

    $2M

    $1M

    42

    2014

    Calgary

  9. 09
    Activeconversion

    Activeconversion

    Sales Software

    Make advertising for b2b companies

    $2M

    200

    25

    2007

    Calgary

  10. 10
    Showpass

    Showpass

    E-Commerce Software

    Provider of an event and ticketing platform intended to help companies sell more tickets. The company's software is integrated with a platform for users to search for venues while listing events and also helps in selling event tickets whereas providing too

    $2M

    34

    2012

    Calgary

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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.