logo
logo
Curve
List of the largest SaaS companies in Oakville, Canada

Top SaaS Companies in Oakville

These are the top SaaS companies in Oakville, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Oakville by featuring these 9 companies with combined revenues of $21.2M.

Together, Oakville SaaS companies employ over 157 employees, have raised $350K capital, and serve over 15 customers around the world.

Divider

Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


02
MS
Megamation-Systems

Business Management Software

Founded in 1984, Megamation Systems has been providing maintenance management solutions for over 25 years. Our clients include Manufacturers, Facility Mana

$3M
-
-
38
1984
Canada
03
CS
Cte Solutions

B2B Software

marketing and making B2B software application for several years for a vast array of items and business consisting of SaaS, company.

$2M
-
-
35
2012
Canada
04
I
Industrios

Marketing Software

Developer of an enterprise resource planning software. The company provides a technology to help small and medium sized manufacturing firms in optimizing their investment in inventory.

$2M
-
-
23
1988
Canada
05
VLOMNI
VL OMNI

Cloud Data Services Software

Transforming Data, Connecting Business

$698K
-
-
21
1994
Canada
06
FSA
Fieldpoint Service Applications

Information Technology Software

Field Service Software for Service Management Enterprises

$445K
-
-
14
1999
Canada
07
TCG
Trust Chain Global

Blockchain Software

The first end-to-end transaction platform for commodities

$360K
$350K
5
3
2021
Canada
08
XS
Xpress.ooo Solutions

It Management Software

$319K
-
10
4
2015
United States
09
C
Codesypher inc

Software As A Service Platform(Saas)

$302K
-
-
4
2012
Canada
1 - 9 of 9

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.