These are the top SaaS companies in Florida, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Florida by featuring these 269 companies with combined revenues of $11.2B.
Together, Florida SaaS companies employ over 20K employees, have raised $63.4M capital, and serve over 12M customers around the world.
Financial Services Software
Provider of an integrated payments platform to businesses across the United States. The company's card-present and card-not-present technology is housed under a single application programming interface (API) that allows business owners to understand the he
Developer of an application that retrives online news, blogs and social streams and turns it into a video. The company provides an application that offers consumers with some anchors who will read articles and present the accompanying photos, pull-out info
Accounting and Finance Software
Developer of a community association management software designed to offer scalable and easy-to-use applications for the condo and homeowners association management industry. The company's community association management software is integrated with an acc
Cloud Computing Software
CareCloud Health, a division of CareCloud, Inc., provides cloud-based health information technology software and services.
Information Technology Software
The company primarily operates in the Software industry. Qligent was founded in 2014 and is headquartered in Melbourne, FL.
Provider of financial aid and student information systems and services for the higher education market. The company's solutions assure and maintain compliance which includes automated triggers, checks and balances, and advanced reporting ensuring students
Developer of a mobile device management software designed to streamline Apple device management. The company's cloud-based software features comprehensive monitoring, streamlined license management, system reports and alert notifications to manage iPad, iP
Talent Management Software
HRSoft is a provider of talent management and talent acquisition services. The company provides software and services for human capital management (HCM). It specializes in cloud-based SaaS solutions. The company continues to grow by making periodic small a
Developer of a scalable data platform designed to empower organizations to provide the appropriate outcomes. The company's platform is designed for healthcare and permits real-time insights into clinical, operational, and financial metrics, enabling health
Financial Services Software
Provider of software as a service designed for residential lending. The company provides mortgage brokers and lenders with a variety of services, including electronic loan applications, credit data and mortgage insurance approval certificates.
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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.