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List of the largest SaaS companies in Edmonton, Canada

Top SaaS Companies in Edmonton

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.

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Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


02
DZ
Dingus and Zazzy

Marketing Software

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.

$3M
$1M
108
93
2020
Canada
03
O
Oktopost

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

$3M
$21M
1K
48
2013
Canada
04
I
Idyaflow

E-Commerce Software

A Saas based online marketplace platform providing peer to peer marketplace solutions.

$2M
-
-
27
2017
Canada
05
YS
Yardstick Software

Education Software

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.

$2M
-
-
22
2005
Canada
06
A
Aliud

Advertising Platforms Software

Aliud is a SaaS service connecting independent sellers and buyers for personal commerce trough social-ecommerce services.

$2M
$50K
-
21
2018
Canada
07
RCRMI
Riva CRM Integration

Information Technology Software

Riva is the leader in CRM and email integration.

$2M
-
850
27
2008
Canada
08
iM
imMail

Artificial Intelligence Software

AI Enabled Collaboration and Communication Platform

$1M
$624K
-
34
2019
Canada
09
M
Mover

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.

$1M
$1M
-
41
2011
Canada
10
AVR
AlignVR

Education Software

AlignVR is a SaaS model technology company that sells a library of VR content that is used in the job interview process.

$1M
-
-
33
2018
Canada
1 - 10 of 32Next

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.