These are the top SaaS companies in Holon, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Holon by featuring these 4 companies with combined revenues of $385.3M.
Together, Holon SaaS companies employ over 3K employees, have raised $10.6M capital, and serve over 600 customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Sapiens International Corporation is a publicly traded company, headquartered in Israel, that develops computer software for the insurance industry, with a growing presence in the financial services sector.
Artificial Intelligence Software
Toqio Fintech is a provider of a SaaS global financial platform.
Developer of a SaaS based machine-to-machine applications platform designed to manage and monitor fleet vehicles and their drivers. The company's machine-to-machine application platform offers DOT Hours of service applications and asset tracking managed services to GPS fleet tracking companies in the United States and Canada for electronic logging of driver hours of services, vehicle inspections, electronic work orders, and other services which enables them to benefit from certification, compliance and increased efficiency in an extremely easy-to-use driver application and back-office portal.
Artificial Intelligence Software
Keylabs merges advanced annotation tools, training of Machine Learning models, operation and project management in a one-stop shop platform.
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.