These are the top SaaS companies in ON, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for ON by featuring these 33 companies with combined revenues of $763.8M.
Together, ON SaaS companies employ over 7K employees, have raised $0.0 capital, and serve over 4M customers around the world.
Talent Management Software
An applicant tracking system hosted, developed and supported in Canada. Njoyn is a leading ATS that automates and simplifies your recruitment processes.
PointClickCare helps LTPAC providers gain the confidence they need to navigate the new realities of value-based healthcare.
Better software means better projects. Deltek delivers software and information solutions that enable superior levels of project intelligence, management and collaboration.
Intelex cloud-based software manages environment, health & safety, quality and suppliers for regulatory compliance, and streamline ISO initiatives
Cloud Platform as a Service (PaaS) Software
Acquia provides the leading cloud platform for building, delivering, and optimizing digital experiences.
Join the thousands of leading companies across the world that have relied on Validity data integrity solutions for over a decade to help manage the complexities of CRM data administration.
Meltwater is a software as a service company that develops and markets media monitoring and business intelligence software.
Project|Portfolio & Program Management Software
Doxim helps financial service providers to create, deliver and manage business critical documents and content more efficiently and cost effectively, enhancing their customers’ experience.
Talent Management Software
Axonify is the world’s first Employee Knowledge Platform. Pushing beyond the boundaries of eLearning, it combines an award-winning approach to microlearning, with innovative knowledge-on-demand capabilities to ensure employees do the right things right...
Colocar as Tecnologias de InformaÃ§Ã£o, GestÃ£o e Qualidade ao serviÃ§o e no reforÃ§o da competitividade e flexibilidade das OrganizaÃ§Ãµes dos paÃses de expressÃ£o portuguesa e espanhola. Num mundo onde Ã© essencial que as organizaÃ§Ãµes tirem o melhor
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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.