These are the top SaaS companies in New York, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for New York by featuring these 1145 companies with combined revenues of $19.4B.
Together, New York SaaS companies employ over 115K employees, have raised $2.5B capital, and serve over 1B customers around the world.
Information Technology Software
CSRA is a provider of information technology and consulting services. The company is engaged in providing information technology and professional consulting services to government clients, homeland security and health sectors so as to modernize legacy syst
It Management Software
Broadcom Inc. is an American designer, developer, manufacturer and global supplier of a wide range of semiconductor and infrastructure software products.
LexisNexis is a corporation providing computer-assisted legal research as well as business research and risk management services.
Datadog is a monitoring service for cloud-scale applications, providing monitoring of servers, databases, tools, and services, through a SaaS-based data analytics platform.
We are a data and analytics company that embeds intelligence into everything.
LivePerson's Conversational AI-powered chatbots & messaging tools help businesses of all sizes understand customer intent, increase conversions, & reduce costs.
Application Development Software
DigitalOcean is a cloud computing platform that provides a cloud platform to deploy, manage, and scale applications of any size. Its infrastructure and platform-as-a-service solutions provide a no DevOps required experience, allowing developers to focus th
Diligent Corporation, known as Diligent, is a software as a service company that enables board members of corporations, government organisations and not-for-profit groups to share and collaborate information for board meetings.
CRM and Related Software
Sprinklr is a unified customer experience management platform for enterprises.
Artificial Intelligence Software
Yext is a knowledge engine platform that helps brands deliver official answers.
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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.