These are the top SaaS companies in Boca Raton, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Boca Raton by featuring these 23 companies with combined revenues of $125.5M.
Together, Boca Raton SaaS companies employ over 1K employees, have raised $10.0M capital, and serve over 33M customers around the world.
Workforce Management Software
Developer of SaaS solutions designed for managing the contingent workforce. The company offers a cloud-based application which facilitates the sourcing, procurement, and management of contingent workforce spend, enabling businesses to mitigate risks and ma
Provider of consulting services. The company is engaged in providing consulting services in business analysis, implementation, customer relationship management systems, support business, private cloud areas. It serves the telecommunication, commerce, produ
Developer of a SaaS based website monitoring tool designed to monitor website. The company's tool provides 168 location monitoring, multi browser monitoring, exploring and sharing of data, alert escalation and error snapshots , enabling clients to maximize
Information Technology Software
Developer of Synthetic Aperture Radar (SAR) intended to create 2-D images or 3-D reconstructions of objects. The company's services mainly focus on using satellite imaging technology to capture earth imagery and create 2-D and 3-D reconstructions of land a
Information Technology Software
Provider of management and enterprise content management software. The company offers a digital content management application for image & document retrieval and reduced reliance on paper-based forms, documents and processes.
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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.