These are the top SaaS companies in Alberta, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Alberta by featuring these 80 companies with combined revenues of $82.4M.
Together, Alberta SaaS companies employ over 2K employees, have raised $100.0K capital, and serve over 1K customers around the world.
Provider of an online video streaming platform for children. The company offers unlimited streaming of the very best children's TV shows, movies and educational programming.
Developer and provider of human capital management software. The company develops human capital management software under the brand name CIPHR which is used for personnel management , employee training administration, absence recognition and management and
B2B Marketplace Platforms
Oktopost is the only social media management platform architected for B2B enterprises. Using Oktopost, B2B marketers can easily publish content, engage with audiences at scale, and measure ROI-positive metrics. With a built-in employee advocacy platform,
Just Business Results provides SAAS solutions for vendor management along with analytics, process control and marketplace.
Cyber Security Software
Keyworks is a fast-growing GRC/Cyber Security and Engineering firm developing custom and SaaS-based risk management solutions.
Make advertising for b2b companies
A Saas based online marketplace platform providing peer to peer marketplace solutions.
Provider of an event and ticketing platform intended to help companies sell more tickets. The company's software is integrated with a platform for users to search for venues while listing events and also helps in selling event tickets whereas providing too
Provider of an online testing and training software intended to provide e-learning instructional design and developmental services to governments, associations, licensing and certification bodies and corporations. The company's online testing and training
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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.