These are the top SaaS companies in Edmonton, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Edmonton by featuring these 33 companies with combined revenues of $84.2M.
Together, Edmonton SaaS companies employ over 816 employees, have raised $109.8M capital, and serve over 4M customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Top SaaS Companies with $5 - $10M ARR
Top SaaS Companies with $10M+ ARR
Field Service Management Software
Management software to help sole-traders and small home services businesses make appointments and organize their schedules, set up billing and manage their accounts, and market their services online.
Dingus and Zazzy is an unlimited marketing department that businesses from all sectors hire on a month-to-month basis to perform high-quality work without any contracts. When you choose Dingus and Zazzy, the whole team does unlimited work – for less than the cost of one employee. To learn more about Dingus and Zazzy, visit www.dingusandzazzy.com.
B2B Marketplace Platforms
Oktopost is the only social media management platform architected for B2B enterprises. Using Oktopost, B2B marketers can easily publish content, engage with audiences at scale, and measure ROI-positive metrics. With a built-in employee advocacy platform, enterprise companies can empower their employees to amplify their social reach while positioning employees as thought leaders. Integrating natively with all the major marketing automation platforms, including Act-On, Eloqua, Marketo, Pardot, and Salesfusion, Oktopost also allows B2B marketers to leverage social engagement data for improved lead scoring, nurturing, and attribution programs. #SocialMediaManagement #EmployeeAdvocacy #B2BMarketing #LeadGeneration #SocialAnalytics
A Saas based online marketplace platform providing peer to peer marketplace solutions.
Provider of an online testing and training software intended to provide e-learning instructional design and developmental services to governments, associations, licensing and certification bodies and corporations. The company's online testing and training software for exam administration, psychometrics and e-learning instructional design and developmental services, enabling clients to create several questions at a time.
Advertising Platforms Software
Aliud is a SaaS service connecting independent sellers and buyers for personal commerce trough social-ecommerce services.
Information Technology Software
Riva is the leader in CRM and email integration.
Artificial Intelligence Software
AI Enabled Collaboration and Communication Platform
Cloud Computing Software
Developer and provider of cloud migration services intended to move files from one cloud service to another. The company's platform has many connectors that offer to schedule and automate migration, powerful migration manager and detailed logs, enabling businesses to change cloud-storage providers, back up websites or files, and automate and schedule these processes to make life that much easier.
AlignVR is a SaaS model technology company that sells a library of VR content that is used in the job interview process.
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.