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 26 companies with combined revenues of $515.9M.
Together, ON SaaS companies employ over 6K employees, have raised $0.0 capital, and serve over 0 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.
Intelex cloud-based software manages environment, health & safety, quality and suppliers for regulatory compliance, and streamline ISO initiatives
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...
Software as a Service Platform(SaaS)
Firmex is the most trusted virtual data room for secure document sharing in M&A, due diligence, compliance, litigation, corporate transactions, and more.
Process Automation Software
Blueprint's Enterprise Automation Suite provides collaborative process improvement and management. Optimize your processes with Digital Blueprints to deliver end-to-end business process transformation.
Book4Time is the best spa management software & online scheduling system used by top hotel & resort spas, multi-location day spas, fitness chains and salons
Hubba is a computer software company in the retail technology space.
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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.