These are the top SaaS companies in Chicago, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Chicago by featuring these 165 companies with combined revenues of $7.6B.
Together, Chicago SaaS companies employ over 29K employees, have raised $253.4M capital, and serve over 1M customers around the world.
Digital Advertising Platforms
Operator of sports and entertainment network on the internet. The company has unique sports and entertainment sites dedicated to team-specific, sport-specific, genre-specific and fanbase-specific coverage.
CRM and Related Software
G2 offers enterprise software ratings and reviews services. The company provides an online service that provides recommendations, reviews, and best practice information for technology product and services.
Sphera Solutions is a provider of software and information services intended to help customers advance operational excellence to create sustainable value. The company's SaaS-based platform offers software information services in the operational risk, envir
Providing Amazon level logistics to e-commerce businesses.
Provider of sales performance software. The company provides a framework for sales leaders to understand their performance gaps and prioritize initiatives. It provides sales performance improvement services that enable its clients to fundamentally improve
Copado is an end-to-end native DevOps platform built for Salesforce.
CRM and Related Software
DialogTech‚Äôs AI call tracking and conversation analytics helps digital marketers and agencies track ROI, drive sales, and personalize experiences.
talent acquisition software
Real Estate Software
ShowingTime is the real estate industry’s leading showing management and market stats technology provider, serving more than 950,000 agents and more than 250 MLSs.
Developer of a cloud based patient safety software. The company's software, enables the healthcare organizations to generate and implement strategies to enhance the delivery of efficient, targeted and effective healthcare.
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.
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.