Top SaaS Companies in Jersey City

List of the largest SaaS companies in Jersey City, United States (Click to apply)

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 $0.0 capital, and serve over 7M customers around the world.

$0 - $1M ARR
  1. Digify $947.5K
  2. Acreto $854.5K
  3. NIPYATA! $636.0K
  4. Cyboticx $630.0K
$1M - $5M ARR
  1. DigiFi $1.3M
$5M - $10M ARR
    $10M+ ARR
    1. AvePoint $151.5M
    1. 01
      AvePoint

      AvePoint

      Collaboration & Productivity Software

      AvePoint is an independent software vendor and manufacturer, headquartered in Jersey City, New Jersey and founded in 2001.

      $152M

      $200M

      7M

      1K

      2001

      Jersey City

    2. 02
      Scivantage

      Scivantage

      Financial Services Software

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

      $4M

      $34M

      78

      2000

      Jersey City

    3. 03
      Evolven-Software

      Evolven-Software

      Analytics Software

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

      $3M

      35

      2007

      Jersey City

    4. 04
      DigiFi

      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 exist

      $1M

      $4M

      21

      2017

      Jersey City

    5. 05
      Digify

      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 docume

      $948K

      24

      2011

      Jersey City

    6. 06
      Acreto

      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 an

      $854K

      12

      2017

      Jersey City

    7. 07
      NIPYATA!

      NIPYATA!

      Information Technology & Services

      Kickass Booze Piñatas Delivered

      $636K

      5

      2014

      Jersey City

    8. 08
      Cyboticx

      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

      Jersey City

    9. 09
      OpenDoor Trading

      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 enhancin

      $505K

      8

      2015

      Jersey City

    10. 10
      ConveyThis

      ConveyThis

      Web Management Software

      Website translation software to globalize your website

      $64K

      30K

      5

      2008

      Jersey City

    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.