These are the top SaaS companies in Cambridge, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Cambridge by featuring these 104 companies with combined revenues of $1.2B.
Together, Cambridge SaaS companies employ over 22K employees, have raised $1.7B capital, and serve over 26M customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Publisher of K-12 research-based literacy. The company also provides online programs which includes academy of reading, academy of maths, path driver for reading, path driver for math and more.
Operator of a low-code application development platform. The company's cloud-based platform enabling non-technical developers to build, customize and connect scalable, secure cloud applications mapped to unique business challenges without compromising IT governance and control thus addresses a broad set of business use cases through its customizable application platform that includes workflow and process automation, forms, and personalized charts and reports driven by customizable business logic.
Self Learning Cyber AI for Your Dynamic Workforce
Authoring and Publishing Software
Market your videos and shows
Collaboration & Productivity Software
Collaborate with colleagues, share & markup design assets, & build interactive presentations with Modelo, a centralized communication hub for architects & designers.
Financial Services Software
Khatabook is the fintech startup that provides a digital ledger app targeted primarily at small businesses
Provider of big data analytics platform designed to provide a complete and unified view of business operations. The company's big data analytics platform allows for the integration, management and visualization of data for business to consult, correlate and analyze, in real-time, years of data retention and petabytes of information, enabling businesses to make informed business decisions.
Collaboration & Productivity Software
StarLeaf delivers HD video calling and conferencing solutions.
Process Automation Software
MineralTree‚Äôs cloud-based software automates the invoice-to-payment process for growing businesses. It automatically extracts data from paper or electronic invoices, routes them to the proper people and departments for approval, and allows busy executives to review, authorize, or schedule payments anywhere, from any device. It then sends payments directly and securely, with guaranteed fraud protection. MineralTree provides solutions for growing businesses, CPA‚Äôs, and Banks. MineralTree integrates directly with banks and with the most popular accounting/ERP software to synchronize every data point, every transaction, every approval, and every payment ‚Äì automatically and bi-directionally. It supports integration with Intacct, Microsoft Dynamics GP, NetSuite and QuickBooks. MineralTree‚Äôs invoice payment processing solution streamlines processes for AP managers, CFOs and other payment approvers, providing significant cost savings and unparalleled control of cash flow in an affordable, integrated platform. Businesses benefit from the innovative software and the solution allows banks, accounting firms, and CPAs to provide significant value to their customers.
Developer of an artificial intelligence powered life sciences software platform designed to synthesize the exponentially growing biomedical knowledge. The company's platform uses neural networks (shallow and deep learning models) for real-time, automated extraction of knowledge from the scientific, regulatory and commercial body of literature, enabling healthcare enterprises to make biomedical knowledge computable.
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.