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There are 130 SaaS companies in Chicago. They have $1.5B combined revenue and employ 15.9K people. See the full list here including CEO email.

Top SaaS Companies in Chicago

These are the top 130 SaaS companies in Chicago. In today's day and age it's possible to launch a company from anywhere. We wanted to show some love for Chicago by featuring these 130 companies with combined revenues of $1.5B.

Together, Chicago SaaS companies employ over 15.9K employees, have raised $4.8B capital, and serve over 37.8M customers around the world.

Data: This data was collected through the Latka podcast where each CEO was interviewed for company details.

Total Companies

Total Companies

130

Combined Revenue

Combined Revenues

$1.5B

Combined Employees

Combined Employees

15.9K

Total Raised

Total Raised

$4.8B

Featured Interviews

Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.

Nutrisense

How He Grew Nutrisense From $12m to $45m ARR Last 12 Months for Health SaaS

Nutrisense

Dan Zavorotny

Nutrisense CEO
G2

G2 Will Break $100m ARR This Year, not from reviews. Guess their 2 new lines of business.

G2

Godard Abel

G2 CEO
ThreeKit

How ThreeKit Plans to Grow into their $300m+ Valuation, Break $10m Revenue This Year

ThreeKit

Matt Gorniak

ThreeKit CEO
G2

This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

G2

Godard Abel

G2 CEO
G2

G2 on Track to Break $100m ARR 2022, $60m+ Today at $1.1b Valuation

G2

Godard Abel

G2 CEO
ProductiveRecruit

How He Hit $10k With Side Project

ProductiveRecruit

Colin Mcatee

ProductiveRecruit CEO
GrowSurf

Referral Program Software Growsurf Bootstrapped to $26k/mo in Revenue, Pricing Page Secrets

GrowSurf

Kevin Yun

GrowSurf CEO
Copado

DevOps Tool Copado Breaks $400m Valuation, as New CEO Ushers in 100% YoY Growth with Founders

Copado

Ted Elliott

Copado CEO
KPI Sense

KPISense Raising $1.5m Now on $1.2m Revenues As Tech Enabled CFO For SaaS Founders

KPI Sense

Wil Cordes

KPI Sense CEO
Showpad

Latka interviewed Showpad CEO on Dec 1, 2020

Showpad

Hendrik Isebaert

Showpad CEO
Checkli

Checkli Launches Enterprise Plan To Get Past $5k in MRR

Checkli

Marvin Russell

Checkli CEO
Visible

Latka interviewed Visible CEO on Apr 30, 2020

Visible

Mike Preuss

Visible CEO
G2

Today G2 Is Worth $1b. What happened 24 months ago?

G2

Godard Abel

G2 CEO
MediaFly

Latka interviewed MediaFly CEO on Sep 26, 2019

MediaFly

Carson Conant

MediaFly CEO
Centro

Latka interviewed Centro CEO on Jul 10, 2019

Centro

Shawn Riegsecker

Centro CEO
Hireology

Latka interviewed Hireology CEO on Apr 5, 2019

Hireology

Adam Robinson

Hireology CEO
Yello

Latka interviewed Yello CEO on Feb 13, 2019

Yello

Jason Weingarten

Yello CEO
Ycharts

Latka interviewed Ycharts CEO on Feb 13, 2019

Ycharts

Sean Brown

Ycharts CEO
Shesoftware

Latka interviewed Shesoftware CEO on Dec 5, 2018

Shesoftware

Matthew Elson

Shesoftware CEO
Enodo

Latka interviewed Enodo CEO on Dec 3, 2018

Enodo

Marc Rutzen

Enodo CEO
Divider

SaaS Companies in Chicago Ranked by Revenue

All companies $0 - $1M ARR$1M - $5M ARR$5M - $10M ARR$10M+ ARR
Click to add your company (apply)
1
Relativity
$169.8M
0
2001
$125M
1.5K
United States
2
ActiveCampaign
$165M
145K
2003
$360M
1K
United States
3
Centro
$142.8M
1.7K
2001
$52.8M
885
United States
4
Copado
$100M
1.5K
2013
$278M
534
United States
5
Showpad
$85M
1.2K
2011
$159.5M
409
United States
6
G2
$84M
3.5K
2012
$257.6M
500
United States
7
project44
$83.9M
550
2014
$897.5M
1K
United States
8
Keeper Security
$73.5M
1K
2011
$60.3M
344
United States
9
Jellyvision
$60M
1.4K
2001
$25M
315
United States
10
ePublishing
$52.8M
0
1994
$748.8K
121
United States
11
ShipBob
$44.1M
5K
2014
$330.5M
781
United States
12
Nutrisense
$40.5M
15K
2019
$31.5M
170
United States
13
Yello
$30M
600
2008
$89.4M
159
United States
14
Booksy
$28.4M
13M
2014
$118.7M
569
United States
15
FarEye
$26.8M
150
2013
$150.7M
501
United States
16
Strategic Systems International
$26.5M
200
1991
-
519
United States
17
Enfusion
$22.7M
550
1997
$156M
466
United States
18
Enfusion
$22.7M
550
1997
$156M
466
United States
19
iManage
$22.6M
1M
2015
-
993
United States
20
Civis Analytics
$18.9M
0
2013
$52.7M
193
United States
1 - 20 of 134

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.

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Countries
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