Top SaaS Companies in Canada

List of the largest SaaS companies in Canada (Click to apply)

These are the top SaaS companies in Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Canada by featuring these 75 companies with combined revenues of $725.4M.

Together, Canada SaaS companies employ over 5K employees, have raised $793.1M capital, and serve over 16M customers around the world.

$0 - $1M ARR
  1. Keatext $996.0K
  2. Autoklose $972.0K
  3. Spark $840.0K
  4. Nudge $720.0K
$1M - $5M ARR
  1. Janeapp $4.7M
  2. Proposify $4.5M
$5M - $10M ARR
  1. Roadmunk $8.0M
  2. Parkbench $7.5M
  3. Stantive $7.5M
$10M+ ARR
  1. Hootsuite $150.0M
  2. Coveo $90.0M
  3. Freshbooks $55.0M
  4. Benevity $45.0M
  5. Maropost $36.5M
  1. 01
    Thebettersoftwarecompany

    Thebettersoftwarecompany

    Vertical Industry Software

    We live and breathe franchising

    $4.8M

    $1.2M

    4K

    2014

    Canada

  2. 02
    Janeapp

    Janeapp

    Web-based and affordable, Jane lets you book, ch

    $4.7M

    18K

    36

    2011

    Canada

  3. 03
    Proposify

    Proposify

    Sales Software

    Create beautiful proposals, close more deals.

    $4.5M

    $3.3M

    8K

    75

    2013

    Canada

  4. 04
    Risevision

    Risevision

    CRM and Related Software

    $4.2M

    6K

    35

    1992

    Canada

  5. 05
    Activedemand

    Activedemand

    Marketing Software

    Marketing Automation

    $3.6M

    500

    25

    2012

    Canada

  6. 06
    Sortable

    Sortable

    CRM and Related Software

    Sortable’s ad monetization platform and amazin

    $3.0M

    $1.4M

    300

    60

    2014

    Canada

  7. 07
    Tradablebits

    Tradablebits

    CRM and Related Software

    Tradable Bits is a digital marketing platform th

    $3.0M

    250

    17

    2011

    Canada

  8. 08
    Venngage

    Venngage

    Office Software

    Join over 1 million people creating their own pr

    $2.9M

    $500.0K

    11K

    20

    2012

    Canada

  9. 09
    Vfairs

    Vfairs

    Virtual Event Platfform

    $2.4M

    170

    45

    2016

    Canada

  10. 10
    Needls

    Needls

    Social media advertising

    $2.4M

    $3.0M

    1K

    13

    2014

    Canada

1-10 of 28

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The Latka Grid

$RevenueEmployees

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Bootstrapped, Funded SaaS

55 bootstrapped companies made the 2019 list compared to 102 funded companies that have raised $2.8 billion in total.

These bootstrapped founders should be very proud. They found creative ways to drive growth without having to sell big chunks of their company for equity.

53 of these bootstrapped CEO’s are not located in San Francisco or New York.

All except 6 of the 55 are profitable as of December 2019.

Is Churn Important for Growth?

90 of these companies have net revenue retention greater than 100%. This means their upsell and expansion revenue from historical customers more than makes up for any lost revenue from those same customers.

34 of these companies have net revenue retention between 80-99%.

The companies with net revenue retention under 80% annually share a common theme in that only 2 out of the 29 companies have any expansion revenue at all.

Many of these companies simply haven’t added a second product to upsell, or don’t rely on utility based upselling. Expect their growth to expand in 2020 as many of them have expansion revenue in their strategic plans.

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