These are the top SaaS companies in Victoria, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Victoria by featuring these 15 companies with combined revenues of $41.6M.
Together, Victoria SaaS companies employ over 684 employees, have raised $3.0M capital, and serve over 10K customers around the world.
SureSwift Capital is a SaaS-focused venture capital firm.
More than booking software. Checkfront is a booking management platform that helps you sell experiences, manage your resources, and grow your business.
Information Technology Software
Developer of credibility screening platform intended to enhance how credibility is evaluated in order to help promote financial inclusion for the public. The company's platform uses data points from thousands of sources to not only look at the past, but al
Developer of rostering software. The company's software enables enterprise clients to coordinate the rosters for hundreds of employees.
Information Technology Software
Bio-asset Management, Forestry Software, SaaS, Sociall
Live Customer Support
Terapeak provides market research solutions that enable eBay and Amazon.com sellers to create successful listings.
Implementation Services Providers
We develop world-leading 3D data visualization solutions to help companies in mining, oil and gas, forestry, and beyond, eliminate communication barriers, work safer, and move faster. AR / VR | Digital Twinning | Spatial Business Intelligence
Provider of cloud-based cyber-threat intelligence and protection services intended to protect institutions from breaches that are highly disruptive and costly for the business. The company's security intelligence platform, Comox, leverages a proprietary hi
Health Care Software
Juno EMR Services offers Oscar McMaster, a web-based electronic medical records (EMR) software for the Canadian healthcare sector.
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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.