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List of the largest SaaS companies in Burlington, Canada

Top SaaS Companies in Burlington

These are the top SaaS companies in Burlington, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Burlington by featuring these 29 companies with combined revenues of $112.2M.

Together, Burlington SaaS companies employ over 1K employees, have raised $334.4M capital, and serve over 17K customers around the world.

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Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


02
Q
Qstream

Talent Management Software

The enterprise microlearning app proven to boost learner proficiency and performance at scale through engagement, reinforcement and analytics.

$6M
$22M
600
72
2008
United States
03
F
Faraday

CRM and Related Software

AI platform for consumer brands

$6M
$6M
60
63
2012
United States
04
A
Alphasoftware

Development Software

Alpha Anywhere allows anyone to build powerful, enterprise mobile apps while giving IT the control to manage the environment and integration. Winner of Infoworld Technology of the Year.

$5M
-
3K
45
2004
United States
05
CS
ConstructSecure

Governance, Risk & Compliance Software

ConstructSecure is a software firm that offers SaaS for incident tracking tools, inspection, finance & safety assessment usages.

$4M
$96M
-
36
2008
United States
06
eBC
eBridge Connections

Accounting Software

Cloud-based accounting and ERP integration for eCommerce, EDI, CRM and more

$3M
-
-
45
1993
Canada
07
T
Torchlight

Healthcare Software

Provider of a technology platform that reduces the costs and complexities of modern caregiving -- a $38.2 billion challenge -- for families and employers in the US. With easy-to-use digital tools, expert advice, and personalized action plans, caregivers of children and aging loved ones who require extra support can now have the power to handle every challenge with confidence using the torchlight platform.

$2M
$20M
-
34
2011
United States
08
K
Kalido

Development Software

Developer of software products for master data management, data warehouse and business intelligence. The company enables companies to manage data as a shared enterprise asset by supporting the business process of data management.

$2M
$67M
-
51
1997
United States
09
SS
StreetScan

Information Technology Software

Provider of an automated pavement management software intended to assist in data driven decision making. The company's software analyzes the current road condition using multiple sensors that record three modalities of acoustic, optical and electromagnetic waves, enabling governments to financially plan and engineer road improvement work within a user friendly GIS environment.

$2M
$880K
-
37
2015
United States
10
HB
HomeBinder

Real Estate Software

HomeBinder is a comprehensive online home management tool that empowers "carfax-ish" reports at the time of sale.

$2M
$3M
-
19
2012
United States
1 - 10 of 27Next

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.