These are the top SaaS companies in Fishers, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Fishers by featuring these 4 companies with combined revenues of $20M.
Together, Fishers SaaS companies employ over 225 employees, have raised $34M capital, and serve over 15K customers around the world.
Hubstaff is a US company that provides staff monitoring through time tracking software..Time Tracking Software
Talent Management Software
Measure & improve employee engagement. Take action on feedback with employee survey data + human consultants. Unlock your team's potential. Book a demo.
Information Technology Software
Developer of unified access control and video security solution intended for the physical security industry. The company's tool applies cloud IoT technology to video surveillance and access control needs in the commercial segment, enabling customers to reduce setup and maintenance complexity.
Data Science And Machine Learning Platforms
Developer of camera technology and cloud based retail analytic software designed to improve business operations. The company's retail analytic software provides a cutting-edge machine learning tool to measure in-store shopper behavior and helps in data streaming actionable metrics, enabling users to measure return on investment and analyzes metric to deliver a set of actionable recommendation.
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.