These are the top SaaS companies in Quebec, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Quebec by featuring these 125 companies with combined revenues of $594.6M.
Together, Quebec SaaS companies employ over 9K employees, have raised $157.7M capital, and serve over 67K customers around the world.
Syntax Systems is a provider of technology services for businesses in North America. The company offers enterprise resources planning software, infrastructure and cloud-based services to its customers. It was founded in 1972 and is headquartered in Montrea
com, Sitecore, Google Apps for Work, Atlassian, JIRA, Office 365, YouTube, Lithium, Jive, Dropbox, and more.
Developer of point-of-sale software, based in Sydney, Australia. The company engages in providing cloud-based point-of-sale solutions to the small and medium-sized businesses operating within the hospitality industry.
mdf commerce enables the flow of commerce by providing a broad set of SaaS solutions.
Health Care Software
AlayaCare is a start-up that delivers an end-to-end home health care software platform and hardware ecosystem.
Human Resources Software
Rideau builds meaningful relationships with personalized and creative recognition solutions.
Web Management Software
Fresche Solutions is a developer of business productivity software. The company offers enterprise development technology, web application development, business intelligence and information technology services. Its product portfolio includes X-Analysis Suit
Solutions Interactives de Validation 88 is a Developer of a cloud based software
Information Technology Software
PetalMD is an information technology and services company that develops online management, communication and planning tools for physicians. Its cloud-based application solutions allow healthcare professionals to schedule management, synchronize data and ma
Information Technology Software
Provided of supplier qualification management and contractor management. The company's services enable us contractor qualification and management system (SaaS) encompasses all the functions necessary in industries such as aerospace, metallurgy, mining and
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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.