These are the top SaaS companies in Honolulu, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Honolulu by featuring these 6 companies with combined revenues of $3.8M.
Together, Honolulu SaaS companies employ over 61 employees, have raised $124K capital, and serve over 0 customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Information Technology Software
Provider of a messaging platform for hotels. The company provides a platform through which hotels can interact with guests through text messaging service.
Financial Services Software
POH provides effective imaging and data solutions allowing companies to realize the dramatic savings in time, energy, and cost offered by our services and software. POH serves a variety of industries and clients of all sizes, from small business to Fo...
#SocialMedia Simplified; Tweets by @Rob & @AnnBoots, part of the @BlueStartups accelerator program, a @SaaSVentures company.
Collaboration & Productivity Software
Increasing revenue and driving efficiency across the event planning industry.
Data Storage Software
MeetingSift is a meeting collaboration platform that lets participants' use their smart devices to enhance collaboration and engagement in meetings
Developer of a mobile technology platform designed to help athletes and their doctors monitor and manage sports concussions. The company's platform facilitates the management with tracking of symptoms and triggers using machine learning, enabling clients to improve patient engagement, adjust protocols for huge cost savings and reduce expensive reinjuries.
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.