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List of the largest SaaS companies in Duluth, United States

Top SaaS Companies in Duluth

These are the top SaaS companies in Duluth, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Duluth by featuring these 8 companies with combined revenues of $5.5M.

Together, Duluth SaaS companies employ over 99 employees, have raised $0 capital, and serve over 90M customers around the world.

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Highlights

Top SaaS Companies with $1 - $5M ARR


Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


01
$2M
-
90M
44
1992
United States
02
MM
MyMediabox

Financial Services Software

MyMediabox is THE Industry Leader in IP Licensing Software 120+ leading Licensors worldwide trust the MyMediabox software solutions for contract and rights management, digital asset management, product approvals workflows and royalty tracking. Reque...

$2M
-
55K
24
2001
United States
03
PC
Physio-Control

Healthcare Software

Stryker Corporation is a Fortune 500 medical technologies firm based in Kalamazoo, Michigan.

$990K
-
-
11
1955
United States
04
TNTSI
TrueNorth Technology Solutions, Inc.

Information Technology Software

Provider of a platform for managing enterprise Web and mobile applications. The company provides platform, tools and services for powering the delivery of custom business technology services using a common foundation for data, content, process and rules, and clean and modern multi-device user interfaces.

$321K
-
-
14
2009
United States
05
S
Salesnet

Marketing Automation Software

Developer of an online CRM software designed to provide sales force automation. The company's Saas based CRM software delivers customer management, marketing automation, sales management and project management services, enabling business to drive its sales and marketing effectiveness while insuring the highest level of support and CRM Security.

$249K
-
-
3
1997
United States
06
D
Dydra

Provider of a cloud-based database-as-a-service designed to help in semantic data management. The company's graph database focuses on data integrity and availability, offering cloud services for remote access and in-house installations, enabling businesses to store, analyze and leverage big data.

$64K
-
-
1
2010
United States
07
GP
GoProcure

Information Technology Software

Developer of a B2B SaaS-Based Procurement platform designed to buy any product or service on any mobile device or desktop. The company's analytics engine provides users with the ability to search a digital marketplace of over 1 billion SKUs, while its managed services program increases compliance, control, and competition for the enterprise while providing opportunities to suppliers in its network, enabling enterprises to extract maximum value from procurement.

$30K
-
-
1
2016
United States
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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.