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. 11
    ERA Environmental Consulting

    ERA Environmental Consulting

    Risk & Compliance Software

    Provider of environmental software designed to facilitate environmental compliance, safety and implementation. The company's web-based software incorporates an database with regulatory tracking and reporting capabilities, offers built-in and customizable r

    $2M

    81

    1995

    Montreal

  2. 12
    Trustifi

    Trustifi

    Security Software

    Trustifi is a software-as-a-service (SaaS) company offering a patented postmarked email system that encrypts, tracks, and is the first federally-accepted method of sending legal documents online. The solution provides any company dealing with highly se...

    $2M

    $4M

    28

    2005

    Montreal

  3. 13
    Greencopper

    Greencopper

    Apps Software

    Greencopper offers innovative technologies for music festivals and venues. Greencopper powers apps + web embeds for over 300 festivals.

    $2M

    300

    46

    2010

    Montreal

  4. 14
    Minuba

    Minuba

    Information Technology Software

    Developer of project-management software for the building sector. The company develops software for optimizing and streamlining of operations for both small and large companies, with a focus on the installation, building and construction industry. It offer

    $2M

    26

    2010

    Montreal

  5. 15
    PO Smart Solutions

    PO Smart Solutions

    Cloud Computing Software

    Canadian tech export boutique agency

    $2M

    45

    2013

    Montreal

  6. 16
    Archie

    Archie

    Building Material Software

    A seamless platform for flexible workspaces.

    $2M

    $1M

    49

    2016

    Montreal

  7. 17
    Metrio Software, Inc.

    Metrio Software, Inc.

    Business Information Systems Software

    SaaS, ESG Reporting

    $2M

    5K

    38

    2009

    Montreal

  8. 18
    My Intelligent Machines

    My Intelligent Machines

    Artificial Intelligence Software

    Developer of an analytics platform designed to capture key insights, trends and patterns. The company's platform leverages bioinformatic programs and machine learning techniques to manage massive amounts of knowledge in life sciences aggregated from public

    $2M

    $8M

    37

    2016

    Montreal

  9. 19
    OneDesk

    OneDesk

    Project|Portfolio & Program Management Software

    Software for product management, project management and customer service.

    $2M

    26

    2009

    Montreal

  10. 20
    Vantrix

    Vantrix

    Information Technology Software

    Provider of media processing software intended to combine ultra-high-density performance with a virtualized architecture. The company's software delivers multimedia content to various mobile devices, focusing on multimedia messaging service, user generated

    $2M

    $35M

    24

    2004

    Montreal

11-20 of 36

PreviousNext

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.