These are the top SaaS companies in BC, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for BC by featuring these 14 companies with combined revenues of $242.7M.
Together, BC SaaS companies employ over 2K employees, have raised $0.0 capital, and serve over 5K customers around the world.
Accounting and Finance Software
Just 28 minutes a year to get financially organize. Kashoo simple cloud accounting is the zero effort accounting software you've been looking for.
Developers of CAD engineering design software for transportation, civil, and architectural professionals worldwide.
Provider of website development services. The company helps educators build their own website and sell courses.
Business Management Software
PowerLancer is an online business management tool designed for freelancers.Self-employed professionals are great at their respected fields: they're awesome designers, code-ninjas, marketers, consultants or copywiretes, just to name a few. But they never le
Real Estate Software
iRealty is the leader of Australian Real Estate digital marketing. It is our goal to provide top quality digital marketing tools, and deliver the advice and support you need to make your campaigns successful. Using our software, our clients send engaging
B2B Marketplace Platforms
The Property Flow platform will be providing a wide range of features improving the workflow for real-estate agents. Old fashioned, and manual processes today prevents agents from working efficiently and with a lot of overhead. Property Flow provides the
Information Technology Software
Whats up? We are a group of young individuals finding our way in life and also creating efficient, dynamic and usable applications for our clients. We strongly believe in the Digital India dream and are working towards achieving that. Conifer Labs aims t
B2B Marketplace Platforms
We are technology M&A experts with a management pedigree; collectively, we have decades of on-the-ground operational experience across a variety of key 'founder'â€‹ roles, including product management, product marketing, software development, and business
It Management Software
Monkey Box helps teams securely manage and share all their client-related data: Passwords, Devices, Notes, Files, Services.
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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.