Top SaaS Companies in Vancouver

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

These are the top SaaS companies in Vancouver, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Vancouver by featuring these 150 companies with combined revenues of $778.3M.

Together, Vancouver SaaS companies employ over 21K employees, have raised $319.5M capital, and serve over 22M customers around the world.

$0 - $1M ARR
  1. Kobalt $971.2K
  2. Flowfinity $964.9K
  3. Procurify $958.4K
  4. Chatnels $925.8K
$1M - $5M ARR
  1. Canalyst $3.5M
  2. Clariti $3.4M
  3. Vivonet $3.3M
  4. Tasktop $3.2M
$10M+ ARR
  1. Avature $170.0M
  2. Hootsuite $150.0M
  3. Visier $50.0M
  1. 01
    Avature

    Avature

    Information Technology Software

    Provider of an SaaS-based global talent acquisition and management platform intended to meet the recruiting challenges of clients. The company's SaaS-based global talent acquisition and management platform automates HR initiatives and offers talent engagem

    $170M

    650

    14K

    2009

    Vancouver

  2. 02
    Hootsuite

    Hootsuite

    Digital Advertising Platforms

    Hootsuite is a social media management platform, created by Ryan Holmes in 2008.|Hootsuite is a social media management platform, created by Ryan Holmes in 2008.

    $150M

    $300M

    16M

    1K

    2008

    Vancouver

  3. 03
    Vision-Critical

    Vision-Critical

    Analytics Software

    Vision Critical provides a cloud-based customer intelligence platform that allows companies to build engaged, secure communities of customers.

    $100M

    $39M

    100K

    519

    2000

    Vancouver

  4. 04
    Visier

    Visier

    HR Software

    People analytics for business people. Achieve better people and business results with the leading people analytics platform.

    $50M

    $92M

    5K

    456

    2010

    Vancouver

  5. 05
    ACL Services

    ACL Services

    Big Data Software

    ACL Services is an enterprise governance software powered by data automation for audit, compliance, and risk management.

    $37M

    $50M

    14K

    446

    1987

    Vancouver

  6. 06
    Unbounce

    Unbounce

    CRM and Related Software

    Ditch your other landing page software. Try the best landing page builder for reducing turnaround time & converting more traffic — no coding needed.

    $26M

    $40M

    14K

    203

    2009

    Vancouver

  7. 07
    Conexiom

    Conexiom

    Information Technology Software

    Developer of a cloud-based automation software designed to help organiztions maintain a competitive edge. The company's automation software automates data entry with accuracy, enabling businesses to grow revenue, improve productivity, increase customer sat

    $18M

    $40M

    225

    2001

    Vancouver

  8. 08
    Fully Managed

    Fully Managed

    Information Technology Software

    Careworx is a provider of managed information technology support services. The company offers enterprise managed services, server deployments and migrations, network security, data backup, project management and cloud services. It was founded in 2006 and i

    $17M

    $15M

    232

    2002

    Vancouver

  9. 09
    Trulioo

    Trulioo

    Financial Services Software

    Provider of an instant electronic identity and address verification platform designed to offer secure access to traditional and alternative data sources worldwide to instantly verify consumers and businesses online. The company's platform combines the trad

    $14M

    $88M

    224

    2011

    Vancouver

  10. 10
    Allocadia

    Allocadia

    Enterprise Software

    Allocadia provides Marketing Performance Management software, helping marketing teams confidently plan, manage investments, and measure results & ROI.

    $11M

    $24M

    100

    119

    2010

    Vancouver

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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.