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.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Top SaaS Companies with $10M+ ARR
Veracode provides cloud-based app intelligence and security verification services to protect critical data across software supply chains.
Talent Management Software
The enterprise microlearning app proven to boost learner proficiency and performance at scale through engagement, reinforcement and analytics.
CRM and Related Software
AI platform for consumer brands
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.
Governance, Risk & Compliance Software
ConstructSecure is a software firm that offers SaaS for incident tracking tools, inspection, finance & safety assessment usages.
Cloud-based accounting and ERP integration for eCommerce, EDI, CRM and more
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.
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.
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.
Real Estate Software
HomeBinder is a comprehensive online home management tool that empowers "carfax-ish" reports at the time of sale.
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.