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List of the largest SaaS companies in Saskatoon, Canada

Top SaaS Companies in Saskatoon

These are the top SaaS companies in Saskatoon, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Saskatoon by featuring these 6 companies with combined revenues of $54.8M.

Together, Saskatoon SaaS companies employ over 616 employees, have raised $175.7M capital, and serve over 252K customers around the world.

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Highlights

Top SaaS Companies with $1 - $5M ARR


Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


01
$50M
$175M
1K
525
2008
Canada
02
BDMITS
BDM IT Solutions

Healthcare Software

Provider of computer software. The company is a pharmacy software provider to facilities across North America, ranging from general care hospitals to leading acute-care sites specializing in oncology or pediatric medicine. It also act as a provider of computer software for healthcare with a specialty in pharmacy information systems and all related system implementation, integration and support services.

$2M
-
-
26
1968
Canada
03
BP
BetterPaws

Health Care Software

BetterPaws connects owners with certified veterinarians to give their pets the love and attention they deserve.

$1M
$500K
-
28
2019
Canada
04
TL
TeamLinkt

SaaS Software

TeamLinkt is a Sports Team App and League Management Software that helps teams, leagues and associations stay organized & connected.

$1M
-
250K
16
2015
Canada
05
SERP
Sherpa ERP

Cloud Computing Software

Developer of a business management software designed for small and medium-sized business owners. The company's software automates sales orders and remove bottlenecks, makes data-driven decisions and offers features such as inventory management, product configurators, dealer management, payment processing, quickbooks integration, reporting, CRM and other related features, enabling small and medium-sized business owners to streamline their business and save time and money.

$428K
-
-
11
2001
Canada
06
SSAE
SkillShark Athlete Evaluations

Information Technology Software

Developer of an customizable device app intended to allow coaches to make their evaluation easily. The company's application includes templates for games such as hockey, baseball, softball and it highlights the strengths and improvement areas for each athlete, allowing coaches to enter weighted info and rank athletes in a cost-effective manner.

$203K
-
1K
10
2014
Canada
1 - 6 of 6

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.