These are the top SaaS companies in Columbia, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Columbia by featuring these 15 companies with combined revenues of $790.8M.
Together, Columbia SaaS companies employ over 2K employees, have raised $24.8M capital, and serve over 700K customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Guidewire Software, Inc., commonly Guidewire, is a software publisher based in San Mateo, California.
Cad & Plm Software
Design software that delivers a flexible and collaborative design process to architecture, landscaping and entertainment professionals. For Mac or Windows.
Information Technology Software
Provider of managed information technology hosting and support services. The company a full suite of cloud and managed IT services with a focus on higher value services including application management, infrastructure hosting, custom software and web development. It also provides a wide range of hosted applications in the cloud, including desktops, unified communications and has virtualized and hosted over 300 applications to both commercial and public sector customers.
Financial Services Software
Developer of a cloud-based benefits eligibility management product designed to automate and support an employer's complete benefits cycle with accuracy. The company's robust benefits eligibility management tool audits and transmits eligibility updates to carriers and vendors and is easy to modify, enabling clients to protect and promote their interests while receiving innovative and cost-effective services with definable and measurable results.
Business Management Software
Association Management Software company helping associations and credentialing organizations improve productivity, enhance communication, gain insight.
Developer of a cloud based quality management software designed to provide comprehensive quality reporting services for hospitals and clinicians. The company's software provides inpatient quality reporting, automates daily data extracts, monitors performance, supports 500+ measures including eCQMs, abstracted and claims, facilitates clinical workflow analysis and data validation, identifies specification updates and measure improvement, enabling hospitals to provide patients with the best quality of care and patients to improve their safety.
IndiSoft is a technology development company that develops, licenses and supports Software as a Service model for default servicing in the financial services industry. The companys flagship product, RxOffice Legal is a collaborative platform that helps companies create efficiencies throughout the default life cycle, including loan modifications, short sales, deed-in-lieu, foreclosure, bankruptcy and REO management.
Provider of independent Institutional Review Board (IRB) services to pharmaceutical companies, universities, individual researchers, academic medical centers and hospital systems. The company is AAHRPP-accredited and its electronic, cloud-based IRB management platform, the Center for IRB Intelligence (CIRBI), has set the standard for IRB review turnaround time and document accessibility. Its 21 CFR Part 11 compliant cloud-based software platform accelerates customer's study startup with unparalleled performance, real-time data and revolutionary content management.
Developer of land brokerage software designed to manage, market and share maps. The company's software is a fully off-line capable satellite image-based G.P.S. mapping, weather, social, data and land-management mobile application and website to evaluate the most suitable listings before taking a trip, enabling clients to enhances the safety, success, and historical record of hunters and other outdoor enthusiasts.
Digital Advertising Platforms
Developer of a personalized ad firewall designed to revolutionize the ad industry by establishing user compensation as the industry standard. The company's app runs transparently in the background and enables advertisers to directly bid on the users' ad spaces based on first-party user data, thereby creating a direct channel between advertisers and users and in return, the users get paid a share of the ad revenue for every ad that is shown on their mobile phones.
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.