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.
Smarter Playbooks For Sales
Provider of cyber security monitoring-as-a-service intended to safeguard smaller organizations. The company's offering includes a combination of cloud and data at scale to address the complexity of the threat, providing clients with company security soluti
Field Service Management Software
Developer of an application development platform designed to help organizations build robust mobile applications. The company' s platform permits IT professionals and developers to create sophisticated workflow with a point-and-click interface, without any
Cloud Computing Software
Procurify streamlines purchases, gives optimized spending, and increases visibility throughout the entire procure-to-pay process.
Information Technology Software
DSG Global Inc is a technology company that provides design, manufacture and marketing of fleet management solutions for the golf industry, commercial, government and military applications. The principal activities are sale and rental of GPS tracking devic
Event Management Software
Developer of web-based event calendar software designed to create an event once and have it published and promoted on multiple calendars and social media. The company's software offers a platform where community hubs such as tourism, music, sport, and othe
Customer Service Software
Chatnels provides a new way for customers to connect with business front desks using direct access chat lines.
Map-based collaboration platform for field services visualization, management, and collaboration
Health Care Software
Claris Healthcare is a Vancouver based medical technology company that provides SaaS Remote Patient Monitoring, Rehabilitation and Social Isolation solutions.
Information Technology Software
Saas & Mobile App. Business Management Software
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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.