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List of the largest SaaS companies in Draper, United States

Top SaaS Companies in Draper

These are the top SaaS companies in Draper, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Draper by featuring these 13 companies with combined revenues of $167.2M.

Together, Draper SaaS companies employ over 1K employees, have raised $778.1M capital, and serve over 1M customers around the world.

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Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


01
D
Divvy

Financial Services Software

Divvy software gives you complete control and real-time visibility into company spending while eliminating the hassle of expense reports. Divvy is a secure financial platform for businesses to manage payments and subscriptions, build strategic budgets, and eliminate expense reports. By integrating real-time tracking for every business transaction, Divvy provides organizations with instant insight into their spend. With Divvy, you can make informed cash flow decisions, curb losses before they happen, and never have to save a receipt again. The company was founded in 2016 and is based in Lehi, Utah..Divvy is a platform that helps businesses manage payments and subscriptions, build strategic budgets, and eliminate expense reports

$100M
$418M
10K
250
2016
United States
02
M
Metasource

Enterprise Software

MetaSource is a provider of business process outsourcing and management services. It offers back office and content management services that support customer services, transactions and line of business applications. The company serves different industries with its services that are integrated with enterprise content management, workflow services and customer experience. MetaSource was founded in 2007 and is headquartered in Draper, Utah. The company seeks to expand its core operations through mergers and acquisitions.

$34M
-
-
411
2007
United States
03
C
Convirza

CRM and Related Software

Call tracking and call analysis to enhance your traditional and digital marketing. Quickly grow ROI with call tracking and advanced call analytics software, machine learning, automated call actions, and dozens of call success indicators.

$10M
$29M
1K
34
2001
United States
04
N
Nav

Financial Services Software

Provider of a platform for business owners to manage their business credit. The company's mobile application enables users to access personal and business credit reports, along with actionable advice and monitoring. It also provides tools to build business credit and a marketplace that matches users to lending options via a needs-based filter.

$7M
$99M
1M
112
2012
United States
05
B
Browz

Supply Chain & Logistics Software

Developer of a SaaS based supply chain risk management software. The company's supplier qualification and management software collects, analyzes and scores supplier data, providing clients with transparency into their supply chain, to mitigate risk and make informed decisions about their supply chain vendor selection, enabling enterprises realize improved internal communication, lower costs, reduced risk and improved safety.

$5M
$10M
450
66
2001
United States
06
D
Dwelo

Information Technology Software

Developer of an open smart home platform intended to simplify home automation for apartments. The company's cloud-based platform connects with unit devices like lights, locks, thermostats, appliances and digital assistants through the internet in order to streamline remote control and operations through digital credentials, enabling apartment owners and dwellers to control smart devices and increase the safety and convenience of their apartment.

$3M
$117M
-
67
2014
United States
07
SPOTBS
SPOT Business Systems

Cloud Computing Software

Provider of software and web-based business tools. The company offers technologies to provide real-time data centralization across any number of stores and locations to help customers in the dry-cleaning industry.

$2M
-
10K
39
1991
United States
08
WW
WildWorks

Application Development Software

Developer of an interactive gaming platform designed to enable games for kids to incorporate social features safely, ethically, and economically. The company's interactive platform is the world's largest online virtual playground for kids where they can become their favorite animals while learning about science and the natural world. The companies' game properties span multiple genres and platforms.

$2M
-
-
116
2003
United States
09
TB
TaxBit

Cryptocurrency Management Software

Developer of a SaaS platform that automates the tax calculations and reporting on cryptocurrency transactions. The company's platform serves everyday retail investors through a self-service sales model by integrating with most exchanges and wallets, automatically pulling in a user's transaction data, running it through the tax code as applied to cryptocurrency, and then auto-generating the corresponding tax forms. It also serves enterprise customers. mainly exchanges, wallets, and businesses dealing with cryptocurrency by generating the required 1099 and other required tax forms that enterprises are required to issue for tax compliance purposes.

$2M
$106M
-
38
2018
United States
10
S
Soloseo

SEO Software

SoloSEO provides affordable DIY SEO Tools and SEO Reports for small businesses and entrepreneurs to save thousands each month with Do-It-Yourself SEO Software.

$1M
-
5K
12
2005
Spain
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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.