These are the top SaaS companies in Foster City, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Foster City by featuring these 11 companies with combined revenues of $423.5M.
Together, Foster City SaaS companies employ over 2K employees, have raised $360.5M capital, and serve over 19K customers around the world.
Top SaaS Companies with $5 - $10M ARR
Qualys, Inc. provides cloud security, compliance and related services and is based in Foster City, California..Qualys is the pioneer and leading provider of information security and compliance cloud solutions
Process Automation Software
Conversica is the leader in Intelligent Virtual Assistants for Customer Engagement. By automating routine business conversations, and personalizing interactions at scale, Conversica augments your workforce allowing business professionals and AI Assistants to work together harmoniously. The flagship Conversica Sales AI Assistant helps companies find and secure customers more quickly and efficiently by automatically contacting, engaging, qualifying, and following-up with leads via natural, multi-channel, two-way conversations. With our large library of purpose-built and ready-to-use conversational skills backed by our patented conversational AI platform, Conversica‚Äôs AI Assistants can be deployed quickly, are human-like and personal, and provide superior conversational accuracy and autonomy. Reaching out to over 100 million people on behalf of thousands of companies, and with over 375 million engagements, Conversica is a portfolio company of Providence Strategic Growth, Kennet Partners and Toba Capital and is headquartered in Foster City, California, with international offices in Santiago, Chile, and London, UK.
Implementation Services Providers
Agari is transforming the legacy Secure Email Gateway with its next-generation Secure Email Cloud‚Ñ¢ powered by predictive AI. Leveraging data science and real-time intelligence from trillions of emails, the Agari Identity Graph‚Ñ¢ detects, defends, and deters costly advanced email attacks including business email compromise, spear phishing and account takeover.
Digital Analytics Software
Achieve AI-powered business results
Cad & Plm Software
Arena is a discrete event simulation and automation software developed by Systems Modeling and acquired by Rockwell Automation in 2000.
Provider of white label personal cloud system for mobile operators, device manufacturers and other mobile providers. The company provides mobile cloud sync and device management software for phones and connected devices.
B2B Marketplace Platforms
LIMITLESS DEVELOPMENT PLATFORM
Promotional Product Management Software
BuildingIQ is a provider of an energy management software. The company helps building owners and operators worldwide lower energy use, increase building operations efficiency and tenant comfort. The company was founded in 2012 and is headquartered in San Mateo, California.
Developer of a cloud based IT mapping software designed to mitigate risks of making changes in IT through automation of key analytical processes. The company's IT mapping software helps in eradicating risks of costly disruptions to business systems by revealing the full potential impact of proposed IT changes before new code is even planned, enabling the clients to accomplish most complex initiatives with savings upwards of 50% in both time and cost.
Provider of a cloud based loyalty and engagement platform created to bring delight and value to consumer experience. The company's platform provides mobile-best cloud software for acquiring and engaging customers, enabling brands to instantly recognize and reward their loyal customers across the network of digital, physical and human interactions.
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.