These are the top SaaS companies in Ashburn, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Ashburn by featuring these 6 companies with combined revenues of $31.4M.
Together, Ashburn SaaS companies employ over 764 employees, have raised $67.6M capital, and serve over 5K customers around the world.
Accounting And Finance Software
Provider of independent workforce services. The company's business operating system platform features re-envisioning and streamlining of the entire contract talent acquisition and engagement lifecycle and offers secure, compliant and efficient engagement and payment process enabling global enterprises to remove costs and risks from the services supply chain while making it is easy for talented professionals to work on interesting and valuable assignments.
Business Inteligence Software
Anodot’s Business Monitoring platform uses machine learning to constantly analyze and correlate critical business metrics.
ODIN Technologies is a leading provider of packaged RFID solutions and automation software. The company has more than 500 successful RFID projects under its belt and over $50 million of R&D invested in a patented RFID-specific software. ODIN's EasyTAP and Intelligent Asset Management "I AM" solutions are used to improve efficiency, scalability, and up-time.
Developer and provider of business intelligence software. The company, based in Sterling, develops data reporting suite for managing the businesses of various businesses.
Video Solution Software
Provider of a cloud based automated video creation platform intended to help users create promotional videos. The company's cloud based automated video creation platform converts images, text and videos clips into high performing promotional videos using API, which can be integrated onto any platform to automate the video creation process, enabling businesses to create content quickly and easily.
Financial Services Software
Abundance for your mind, body, and wallet.
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.