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Top 40 SaaS Companies in Waterloo, Canada, May 2026

As of May 2026, there are 40 SaaS companies based in Waterloo. They have combined revenues of $651.7M and employ 3.4K employees. They've raised $500.7M in capital and serve 63.2K customers combined.

Companies
40
Revenue
$651.7M
Funding
$500.7M
Employees
3.4K

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Top SaaS Companies in Waterloo

Showing 10 of 3 companies ranked by annual revenue.

1
eSentire

Waterloo, Canada

eSentire is recognized globally as the Authority in Managed Detection and Response (MDR) because we hunt, investigate and stop cyber threats. It provides cutting-edge 24/7 protection to prevent cyber criminals from disrupting organizations.

Revenue
$243M
Customers
-
Year founded
2001
Funding
$358.5M
Team size
589
Growth
-
2
Descartes Systems Group

Waterloo, Ontario, Canada

Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world.

Revenue
$179.4M
Customers
13K
Year founded
1981
Funding
-
Team size
1.6K
Growth
14.17%
3
TextNow

Waterloo, Ontario, Canada

Developer of a cloud-based phone carrier services designed to connect the world by creating the exceptional and affordable phone service. The company's phone carrier services offer low-cost, international calling to over 230 countries and include unlimited texting, calling, and data services, enabling users to stay connected while travelling the world.

Revenue
$100M
Customers
-
Year founded
2009
Funding
$1M
Team size
249
Growth
890.57%