These are the top SaaS companies in Surrey, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Surrey by featuring these 5 companies with combined revenues of $10.8M.
Together, Surrey SaaS companies employ over 197 employees, have raised $0.0 capital, and serve over 0 customers around the world.
Financial Services Software
Developer of financial risk analytics software intended to help firms make better investment and risk decisions. The company's software platform provides derivative analytics technology, modeling and analytics, risk management, derivatives software, hedge
Information Technology Software
DSG Global Inc is a technology company that provides design, manufacture and marketing of fleet management solutions for the golf industry, commercial, government and military applications. The principal activities are sale and rental of GPS tracking devic
Provider of software to analyze large transport datasets. The company's software enables clients to alter and aggregate mapping data in numerous ways, enabling them to save time, money and have more accurate data.
Information Technology Software
Providers of the most flexible live video conferencing and streaming software development tools, media servers and Cloud SaaS platform today
Spred is a SaaS platform that allows resellers to upload, manage, analyze and sell their items to all peer to peer marketplaces.
UrbanLogiq provides a data analytics platform that makes city planning faster, cheaper, and more accurate.
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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.
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.