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List of the largest SaaS companies in Jersey City, United States

Top SaaS Companies in Jersey City

These are the top SaaS companies in Jersey City, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Jersey City by featuring these 10 companies with combined revenues of $164.1M.

Together, Jersey City SaaS companies employ over 1K employees, have raised $237.8M capital, and serve over 7M 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


02
S
Scivantage

Financial Services Software

Provider of web based front and middle-office technology solutions to the financial services industry.

$4M
$34M
180K
78
2000
United States
03
ES
Evolven-Software

Analytics Software

Evolven is a technology company that provides IT Operations Analytics solutions for enterprise businesses.

$3M
-
-
30
2007
United States
04
DF
DigiFi

Financial Services Software

Operator of an underwriting automation platform intended to make better decisions. The company platform digitizes the existing underwriting process with powerful machine learning risk models and affiliate lead generation solution that integrates with existing LOS, enabling institutions to identify more creditworthy borrowers and reduce loan defaults. Previously, the company operated as Promise Financial, a provider of loans that allow couples and parents to pay for weddings, engagement rings and honeymoons over time, with low rates and a convenient online process.

$1M
$4M
-
21
2017
United States
05
D
Digify

Security Software

Provider of a cloud-based document storage platform designed to offer document security services. The company's platform uses built-in encryption, copy protection, watermarking and DRM technology to provide secure access, sharing and distribution of documents on iOS, android and windows platforms, enabling users to securely send documents while maintaining control over intellectual property.

$948K
-
250K
24
2011
United States
06
A
Acreto

Security Software

Provider of a security platform intended to improve the security of IoT technologies. The company's platform is a simple, agile and effective security that works transparently with existing or new IoT platforms, enabling security professionals to design and develop large scale security and firewall platforms for online businesses in a hassle free manner.

$854K
-
-
12
2017
United States
07
NIPYATA
NIPYATA!

Information Technology & Services

Kickass Booze Piñatas Delivered

$636K
-
-
5
2014
United States
08
C
Cyboticx

Web Management Software

Cyboticx is a full service digital agency that specializes in creative campaigns, website design, mobile app development, and online marketing. Our clients range from fortune 1000 companies to innovative startups. Although a new company Cyboticx has ma...

$630K
-
-
7
2013
United States
09
ODT
OpenDoor Trading

Provider of a trading platform created for United States Treasuries. The company offers a session-based, all-to-all, anonymous trading platform for Treasuries, specifically designed to enable the buy-side to both source and create liquidity, while enhancing the sell-side's role as a value-adding intermediary.

$505K
-
-
8
2015
United States
10
CT
ConveyThis

Web Management Software

Website translation software to globalize your website

$64K
-
30K
5
2008
United States
1 - 10 of 10

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.