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 4M customers around the world.

$0 - $1M ARR
  1. Idilia $872.3K
  2. Opslock $866.8K
  3. Delpha $762.8K
  4. Nexalogy $614.8K
$1M - $5M ARR
  1. Plusgrade $3.9M
  2. Mediaclip $3.9M
  3. Planbox $3.7M
  4. mnubo $3.5M
$5M - $10M ARR
  1. SodaPDF $7.8M
  2. Big Bang $7.8M
$10M+ ARR
  1. Kounta $69.9M
  2. AlayaCare $28.4M
  3. Nakisa $24.0M
  4. Rideau $22.4M
  1. 01


    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...





  2. 02
    Big Bang

    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






  3. 03


    Enterprise Software

    EXplorance is a privately held corporation based in Montreal, Canada.





  4. 04


    E-Learning Software

    MULTILEARNING LMS & Apps are used for: Virtual Events, On-Demand Video SaaS Solution & e-Learning for Professional Development





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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.