Top SaaS Companies in Montreal
List of the largest SaaS companies in Montreal, Canada (Click to apply)
These are the top SaaS companies in Montreal, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Montreal by featuring these 93 companies with combined revenues of $385.0M.
Together, Montreal SaaS companies employ over 7K employees, have raised $0.0 capital, and serve over 23K customers around the world.
- Idilia $872.3K
- Opslock $866.8K
- Delpha $762.8K
- SweetIQ Analytics $670.6K
- Nexalogy $614.8K
- Plusgrade $3.9M
- Mediaclip $3.9M
- Planbox $3.7M
- Element AI $3.5M
- mnubo $3.5M
- SodaPDF $7.8M
- Big Bang $7.8M
- eXplorance $7.6M
- MULTILEARNING $6.3M
- Syntax Systems $108.2M
- Kounta $69.9M
- AlayaCare $28.4M
- Nakisa $24.0M
- Rideau $22.4M
- 01
Syntax Systems
Erp Software
Syntax Systems is a provider of technology services for businesses in North America. The company offers enterprise resources planning software, infrastructure and cloud-based services to its customers. It was founded in 1972 and is headquartered in Montrea
$108M
—
—
1K
1972
Montreal
- 02
Kounta
Cloud-Based Software
Developer of point-of-sale software, based in Sydney, Australia. The company engages in providing cloud-based point-of-sale solutions to the small and medium-sized businesses operating within the hospitality industry.
$70M
—
—
2K
2012
Montreal
- 03
AlayaCare
Health Care Software
AlayaCare is a start-up that delivers an end-to-end home health care software platform and hardware ecosystem.
$28M
$218M
500
395
2014
Montreal
- 04
Nakisa
Real Estate Software
Nakisa is a global leader in organizational design and lease accounting software and services. We develop innovative, robust and forward-thinking software solutions that help businesses achieve their objectives.
$24M
—
—
268
1990
Montreal
- 05
Rideau
Human Resources Software
Rideau builds meaningful relationships with personalized and creative recognition solutions.
$22M
—
—
457
1912
Montreal
- 06
Fresche Solutions
Web Management Software
Fresche Solutions is a developer of business productivity software. The company offers enterprise development technology, web application development, business intelligence and information technology services. Its product portfolio includes X-Analysis Suit
$12M
$18M
22K
366
1976
Montreal
- 07
SodaPDF
Document Management
Meet the very first fully functional desktop AND online PDF solution. With Soda PDF Anywhere, users can access features on any device with a web browser, including laptops, smartphones, and tablets. It’s designed to accommodate busy lifestyles, offerin...
$8M
—
—
90
2010
Montreal
- 08
Big Bang
Business Intelligence Software
Operator of a consulting firm intended to provide an array of cloud based applications to solve real business needs. The company's firm offers a comprehensive suite of industry-leading business management cloud-based tools to solve a multitude of business
$8M
$825K
—
131
2014
Montreal
- 09
$8M
—
—
233
2004
Montreal
- 10
MULTILEARNING
E-Learning Software
MULTILEARNING LMS & Apps are used for: Virtual Events, On-Demand Video SaaS Solution & e-Learning for Professional Development
$6M
—
—
91
2000
Montreal
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NextWhat 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.