Top SaaS Companies in Newark

List of the largest SaaS companies in Newark, United States (Click to apply)

These are the top SaaS companies in Newark, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Newark by featuring these 23 companies with combined revenues of $107.2M.

Together, Newark SaaS companies employ over 1K employees, have raised $12.5M capital, and serve over 30K customers around the world.

$0 - $1M ARR
  1. MintM $972.1K
  2. Syncari $712.8K
  3. CorVant $563.1K
  4. Galactic Fog $528.9K
$5M - $10M ARR
$10M+ ARR
  1. 01
    Intelliswift Software

    Intelliswift Software

    Business Intelligence

    Provider of information technology outsourcing services. The company is engaged in providing onsite and offshore information technology services based on oracle database and application and web services. It also provides other services such as enterprise a

    $81M

    897

    2001

    Newark

  2. 02
    Lyceum Technologies, Inc.

    Lyceum Technologies, Inc.

    Customer Success Software

    A video personalization and distribution platform that helps enterprise businesses achieve their marketing and sales goals through seamless video workflows.

    $7M

    $6M

    30K

    74

    2016

    Newark

  3. 03
    The Sales Huddle

    The Sales Huddle

    HR Software

    Fast. Fun. Effective. Gamify your training with 1HUDDLE. https://t.co/OjBGAgRZxu

    $4M

    $8M

    111

    90

    2015

    Newark

  4. 04
    eSputnik.com: Marketing Automation Platform

    eSputnik.com: Marketing Automation Platform

    Digital Advertising Platforms

    eSputnik is a Marketing Automation Service made to embody the toughest ideas of enterprise level solutions in very clear and efficient way for everyone. We do not declare being the best, we are mostly spoken about this way. We understand common marketers

    $3M

    35

    2013

    Newark

  5. 05
    Adriel

    Adriel

    Marketing Automation Software

    Your dedicated online marketing team backed by AI.

    $2M

    $7M

    60

    2017

    Newark

  6. 06
    AAyuja

    AAyuja

    Lead Generation Services

    Provider of inside sales and marketing outsourcing services. The company specializes in providing inside sales, tech marketing services and customizable engagement models to suit both immediate and long-term business needs.

    $2M

    38

    2006

    Newark

  7. 07
    Ready2Teach

    Ready2Teach

    Education Software

    Creating the Ideal Experience for Subs and Schools, so they can focus on what really matter — the kids.

    $1M

    17

    2018

    Newark

  8. 08
    Workativ | Automate Employee Support

    Workativ | Automate Employee Support

    Artificial Intelligence Software

    Modern IT & HR teams use Workativ to transform the way they provide support to employees. To improve employee experience and reduce support costs, Workativ helps companies purpose-build an intelligent & integrated Chatbot with out-of-the-box workflow aut

    $1M

    16

    2019

    Newark

  9. 09
    MintM

    MintM

    Digital Advertising Platforms

    Provider of store retail advertisement services intended to help businesses engage their customers. The company's services is integrated with a cloud based digital signage platform that offers intelligent signage, kiosk software and brand exposure to the m

    $972K

    13

    2012

    Newark

  10. 10
    All Time Design

    All Time Design

    Graphic Design Software

    Unlimited designs, request, revision at a monthly flat fee

    $780K

    60

    Newark

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What are the fastest growing companies doing?

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.

Which CEO’s are the most efficient capital allocators?

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.