These are the top SaaS companies in Hamilton, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Hamilton by featuring these 5 companies with combined revenues of $13.0M.
Together, Hamilton SaaS companies employ over 234 employees, have raised $0.0 capital, and serve over 0 customers around the world.
Video Solution Software
Developer of an on demand video technology created to make on-demand better for everyone. The company's VoD technology has a complete enterprise level VOD platform deployable in days, not months, fully integrated with studio-grade digital rights management
Information Technology Software
Developer of a cloud-based customer engagement and payment platform in Auckland, New Zealand. The company engages in offering cloud-based automated contact and resolution services, through proprietary mobile and online network technologies, enabling firms
Energy Management Software
SaaS Development in Health Care and Energy IoT markets
The cannabis industries most advanced retail sales platform, leveraging data to deliver personalized retail engagements.
Provider of a clinic management software platform created for business process services. The company's cloud based, software as a service products makes clinics paperless, with complete inter-operability to other technologies in the healthcare and insuranc
Information Technology Software
Provider of a data streaming platform designed to offer data collection services. The company's data streaming platform specializes in the use artificial intelligence powered image processing to extract data from CCTV, enabling companies to help in infrast
Home Health Care Software
SaaS, Mobile App, Medical Device
Software Development, SaaS, E-Commerce, Payment, APIs
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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.