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 267 companies with combined revenues of $3.4B.
Together, Austin SaaS companies employ over 36K employees, have raised $139.2M capital, and serve over 6M customers around the world.
Cloud Computing Software
Provider and developer of drone related technology. The company develops a technology that help businesses to collect and analyze data from drone flights. It offers applications for commercial and residential real estate or construction companies.
Forcepoint was founded in 1994 as an information technology reseller called NetPartners.
Financial Services Software
Q2 Holdings Inc. is a provider of cloud-based virtual banking solutions for regional financial institutions to deliver mobile banking services to retail and commercial end-users who wish to bank anywhere and anytime. Its solutions operate on an integrated
BigCommerce is a privately held technology company and provides a SaaS ecommerce platform.
Content Management Systems
Developer of document management software products. The company provides enterprise content management, document management, automated accounts payable and electronic forms technology as a cloud hosted service in the Software As a Service (SaaS) model. It
Financial Services Software
Provider of a cloud-based, end-to-end lending platform designed to offer global cloud infrastructure to transform the next generation of lenders. The company's platform efficiently manages loan portfolios, increases transaction volume and rapidly brings ne
Identity Management Software
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...
Customer Service Software
Spiceworks is a professional network for the information technology industry that is headquartered in Austin, Texas.
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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.