These are the top SaaS companies in American Fork, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for American Fork by featuring these 9 companies with combined revenues of $111.8M.
Together, American Fork SaaS companies employ over 1K employees, have raised $779.9M capital, and serve over 15K customers around the world.
Domo, Inc. is a cloud software company based in American Fork, Utah, United States.
Marketing Automation Software
Software for Interactive automated demos
Business Management Software
Empowering state and local agencies to make more data-driven resource investments and prevent roadway deaths.
Digital Advertising Platforms
Developer of cloud based marketing platform designed to cater service to the retailers. The company's platform develops tools for micro-segmented sales and customer engagement campaigns, to see 360-view of a single customer, enabling retailers to get 10-fold sales conversions compared to traditional marketing.
Developer of a communication platform designed to connect business with clients. The company's communication platform, Skipio allows to send text, voicemail, attach video links or send links for online payment of any service provided, along with a platform to advertise campaign targeting the customers, enabling business to stay connected with customers one on one and increase sales.
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DropShip Commerce is a SaaS solution that standardizes how enterprise retailers & suppliers connect & exchange data for drop shippin
Talent Management Software
Developer of a job recruitment platform designed to match people with their dream jobs and companies with skilled employees. The company's platform uses predictive analytics, machine learning and psychometric assessments to take the guesswork out of hiring so that people do not end up with wrong jobs and negatively impact their career and growth of companies, enabling job seekers to land up with appropriate jobs and companies to improve employee performance, remove hiring bias and increase their hiring speed.
Provider of a cloud based dental practice management software designed to efficiently manage dental practices. The company's software specializes in tracking insurance plans, streamline patient check in, manage patients ledger account, create customized management reports, schedule appointment, facilitate online booking, digitally submit insurance claims and create patient treatment plans, enabling doctors to easily access to patients information from anywhere anytime.
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.