These are the top SaaS companies in Vancouver, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Vancouver by featuring these 147 companies with combined revenues of $778.4M.
Together, Vancouver SaaS companies employ over 21K employees, have raised $319.5M capital, and serve over 16M customers around the world.
Information Technology Software
Ritech Group of Companies is a creative, hardworking, and value conscious software design and development partner for your web and mobile digital transformation technology solutions. From ideation through development and on-going support, our team of 120+
Developer APIs Software
Elastic Path Software is the pioneer of headless commerce with the first API oriented e-commerce platform for the enterprise space.
Customer Success Software
The world's most powerful customer onboarding automation for financial services. More than a digital experience. We have an intelligent decision engine.
Event Management Software
Provider of an enterprise event app platform that scales from global conferences to small events. The company's event management application offers customizable branding and design, and attendee-focused engagement tools that make it easy for event organize
CRM and Related Software
Wishpond makes it easy for marketers to create landing pages and contests, track leads, send emails and more.
Bench is the online bookkeeping service that pairs you with a dedicated bookkeeping team and simple, elegant software to balance your books.
Provider of incident management platform intended to empowers security operations. The company's platform are turnkey integrations that streamline event escalation and intelligence gathering and offers pre-configured and custom settings that empower users
Customer Service Software
Developer of Saas-based online gift card platform and related marketing services. The company offers online gift card infrastructure applications for medium and large-sized businesses, seamless applications for gift cards to be purchased from a merchant's
Financial Services Software
Provider of a cloud-based platform designed to modernize the equity research function on both the buy-side and sell-side. The company's platform features unlocked Excel models with verified historical financials along with complete operating and segment da
Clariti is a 100% SaaS company offering leading a permitting, licensing and inspections solutions for state and local government.
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.