These are the top SaaS companies in British Columbia, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for British Columbia by featuring these 181 companies with combined revenues of $725.1M.
Together, British Columbia SaaS companies employ over 21K employees, have raised $321.0M capital, and serve over 16M customers around the world.
Developer of a medical practice management software designed for online booking, charting and scheduling. The company's medical practice management software makes easy for patients to visit, manage and schedule their visits, while also helping medical prac
Developer APIs Software
Elastic Path Software is the pioneer of headless commerce with the first API oriented e-commerce platform for the enterprise space.
Business Management Software
PerfectMind is a membership management software that uses cloud-based technology to help organizations of all sizes connect with their communities.
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
SureSwift Capital is a SaaS-focused venture capital firm.
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 geo-spatial systems and asset tracking services.
Information Technology Software
Developer of credibility screening platform intended to enhance how credibility is evaluated in order to help promote financial inclusion for the public. The company's platform uses data points from thousands of sources to not only look at the past, but al
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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.