These are the top SaaS companies in Austin, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Austin by featuring these 51 companies with combined revenues of $706.8M.
Together, Austin SaaS companies employ over 17K employees, have raised $142.7M capital, and serve over 318K customers around the world.
Forcepoint was founded in 1994 as an information technology reseller called NetPartners.
Enterprise IT Security Software Solutions
Our software is designed to automate operational challenges like recruiting, training, scheduling, business intelligence, shift communication, labor and inventory management. Our world-class products include HotSchedules, HotSchedules Recruit, HotSched...
Spiceworks is a professional network for the information technology industry that is headquartered in Austin, Texas.
BigCommerce is a privately held technology company and provides a SaaS ecommerce platform.
we help Amazon sellers sell
Planview is a global enterprise software company headquartered in Austin, Texas.
help the world create new businesses|Help start, run and grow businesses.
AlertMedia provides a critical communications platform and monitoring services to enterprise customers. As the fastest-growing, enterprise communications and monitoring company, AlertMedia helps organizations securely and effectively monitor threats, strea
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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.