Top SaaS Companies in Chicago
List of the largest SaaS companies in Chicago, United States (Click to apply)
These are the top SaaS companies in Chicago, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Chicago by featuring these 35 companies with combined revenues of $1.5B.
Together, Chicago SaaS companies employ over 8K employees, have raised $249.4M capital, and serve over 121K customers around the world.
- Fippex $1.0M
- Exchangery $1.0M
- Nimbulis $1.0M
- ADSHIFT $1.0M
- BenchPrep $1.0M
- Getoccasion $3.6M
- Fanfoodapp $1.6M
- Shotfarm $1.4M
- Visible $1.1M
- Enodo $1.1M
- Revenew $9.4M
- Ycharts $8.4M
- Shesoftware $5.0M
- Flexport $861.0M
- Centro $142.8M
- Uptake $100.0M
- Relativity $100.0M
- ActiveCampaign $100.0M
- 01
Flexport
Supply Chain & Logistics Software
Flexport is a licensed customs brokerage and freight forwarder built around a modern web application. Its freight service includes an online dashboard for businesses to easily understand, purchase, manage, and track the services required for global trade.
$861M
$1B
10K
2K
2013
Chicago
- 02
Centro
Digital Advertising Platforms
Created the most comprehensive, automated and intelligent software platform for the digital media industry.
$143M
$53M
2K
921
2001
Chicago
- 03
Relativity
Legal Software
Relativity provides eDiscovery software solutions that give corporations, governments, & law firms tools to manage litigation, investigations & FOIA requests. Learn about Relativity's eDiscovery solutions to aid legal review, litigation support, docume...
$100M
$125M
—
1K
2001
Chicago
- 04
Uptake
Digital Analytics Software
Uptake is the industrial analytics platform that delivers products to major industries to increase productivity, security, safety and reliability.
$100M
$218M
—
251
2014
Chicago
- 05
ActiveCampaign
Marketing Automation Software
Integrated email marketing, marketing automation, and small business CRM. Save time while growing your business with sales automation.
$100M
$120M
90K
712
2003
Chicago
- 06
Dialogtech
CRM and Related Software
DialogTech’s AI call tracking and conversation analytics helps digital marketers and agencies track ROI, drive sales, and personalize experiences.
$40M
$76M
3K
206
2007
Chicago
- 08
ShowingTime
Real Estate Software
ShowingTime is the real estate industry’s leading showing management and market stats technology provider, serving more than 950,000 agents and more than 250 MLSs.
$25M
$2M
—
278
1999
Chicago
- 09
project44
Supply Chain & Logistics Software
project44 is the world’s leading advanced visibility platform for shippers and third-party logistics firms. project44 connects, automates and provides visibility into key transportation processes to accelerate insights and shorten the time it takes to tu
$23M
$91M
—
254
2014
Chicago
- 10
iManage
Enterprise Software
Get more from your firm's data with iManage's leading edge document management, data security, and AI solutions. Let us transform how your team works.
$23M
—
—
800
2015
Chicago
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NextWhat 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.