Top SaaS Companies in Boston

List of the largest SaaS companies in Boston, United States (Click to apply)

These are the top SaaS companies in Boston, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Boston by featuring these 244 companies with combined revenues of $3.2B.

Together, Boston SaaS companies employ over 27K employees, have raised $1.1B capital, and serve over 12M customers around the world.

$0 - $1M ARR
  1. PureStake $998.4K
  2. KAGOAL $996.6K
  3. Qanairy $994.9K
  4. RoboHead $989.4K
$1M - $5M ARR
  1. Solvoyo $4.7M
  2. Omgeo $4.7M
  3. Celtra $4.6M
  4. AppNeta $4.6M
$5M - $10M ARR
  1. Yesware $10.0M
  2. Buildium $9.9M
  3. Apptopia $9.1M
  4. Snapapp $9.0M
  5. BitSight $9.0M
$10M+ ARR
  1. Axeda $632.4M
  2. Toast $260.6M
  3. Bullhorn $219.9M
  4. DataRobot $210.0M
  5. ARCHIBUS $200.0M
  1. 01
    Yesware

    Yesware

    CRM and Related Software

    Yesware makes it easy to sell more and work less with useful tools that live inside your email inbox. Try it for free today! http://www.yesware.com/

    $10M

    $43M

    2K

    91

    2010

    Boston

  2. 02
    Buildium

    Buildium

    Cloud-Based Software

    Buildium provides easy-to-use, affordable cloud property management software solutions to property managers and community associations. Founded in 2004, today more than 10,000 customers use Buildiums online property management software to manage nearly a m

    $10M

    $65M

    292

    2004

    Boston

  3. 03
    Apptopia

    Apptopia

    Mobile Apps Software

    Apptopia is the leader in real-time competitive intelligence. Brands and financial firms use our platform to generate insights across mobile apps and connected devices. Powered by machine learning technology, we collect and analyze billions of complex data

    $9M

    $35M

    300

    66

    2011

    Boston

  4. 04
    Snapapp

    Snapapp

    CRM and Related Software

    SnapApp’s interactive content creation platform enables marketers to ask prospects questions organically within existing marketing content and programs to help qualify or disqualify leads faster. Learn More.

    $9M

    $22M

    300

    70

    2011

    Boston

  5. 05
    BitSight

    BitSight

    Risk & Compliance Software

    Developer of cyber security software application. The company provides a security rating platform, which analyzes external data on security behaviors in order to allow organizations to manage third party risk, benchmark performance, and assess and negotiat

    $9M

    $151M

    434

    2011

    Boston

  6. 06
    EverTrue

    EverTrue

    nformation Technology & Services

    EverTrue is a leading advancement software that supports fundraising efforts at educational institutions. By connecting institutional data with dynamic insights from LinkedIn, Facebook, Zillow, the U.S. Census, and more, EverTrue provides advancement offic

    $9M

    $24M

    500

    97

    2010

    Boston

  7. 07
    Threat Stack

    Threat Stack

    Security Software

    Threat Stack enables DevOps and SecOps teams to innovate and scale securely, meeting complex cloud security needs by identifying and verifying insider threats, external attacks, and compliance gaps in real-time. Purpose-built for today’s infrastructure,

    $9M

    $72M

    100

    2012

    Boston

  8. 08
    Cygilant

    Cygilant

    Security Software

    Cygilant, Inc,, is a Boston-based security software-as-a-service company focused on information security and compliance objectives.

    $8M

    $29M

    300

    170

    2001

    Boston

  9. 09
    Priceintelligently

    Priceintelligently

    E-Commerce Software

    Price Intelligently is a value based pricing strategy platform that helps subscription and SaaS companies get their pricing strategy right with data.

    $8M

    600

    38

    2012

    Boston

  10. 10
    Alyce

    Alyce

    Marketing Software

    Sales reps use Alyce for strategic B2B gifting. An ABM solution, Alyce works as a door-opener or to continue to develop real sales relationships.

    $8M

    $47M

    460

    163

    2015

    Boston

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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.