Top SaaS Companies in Lehi

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

These are the top SaaS companies in Lehi, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Lehi by featuring these 28 companies with combined revenues of $711.3M.

Together, Lehi SaaS companies employ over 5K employees, have raised $105.9M capital, and serve over 115K customers around the world.

$0 - $1M ARR
  1. Innography $954.5K
  2. Qzzr $741.6K
  3. Ampogee $600.0K
  4. Zeff $360.0K
  5. Futurepay $356.4K
$1M - $5M ARR
  1. FreshLime $4.3M
  2. Moki $2.8M
  3. Kuali $2.7M
  4. Lingotek $2.6M
$5M - $10M ARR
  1. Canopy $6.7M
$10M+ ARR
  1. Entrata $210.0M
  2. WorkFront $200.0M
  3. Divvy $100.0M
  4. Podium $100.0M
  5. Lendio $43.2M
  1. 01
    Entrata

    Entrata

    Real Estate Software

    Entrata's property management software connects all of your data & processes, allowing you to create better experiences for prospects, residents, & employees.

    $210M

    $507M

    20K

    869

    2003

    Lehi

  2. 02
    WorkFront

    WorkFront

    Collaboration & Productivity Software

    Workfront is a Lehi, Utah-based software company that develops web-based work management and project management software that features enterprise work management, issue tracking, document management time tracking and portfolio management.|Workfront provide

    $200M

    $375M

    3K

    1K

    1999

    Lehi

  3. 03
    Divvy

    Divvy

    Financial Services Software

    Divvy software gives you complete control and real-time visibility into company spending while eliminating the hassle of expense reports. Divvy is a secure financial platform for businesses to manage payments and subscriptions, build strategic budgets, and

    $100M

    $418M

    10K

    375

    2016

    Lehi

  4. 04
    Podium

    Podium

    Customer Service Software

    Podium is a privately held technology company headquartered in Lehi, Utah that develops cloud-based software to help businesses modernize customer interactions, such as messaging and customer feedback, and improve their online reputations.

    $100M

    $240M

    7K

    947

    2014

    Lehi

  5. 05
    Lendio

    Lendio

    Financial Services Software

    Provider of an online loan service for small scale enterprises. The company offers a platform for connecting small business owners with active banks, credit unions and other lending sources.

    $43M

    $83M

    75K

    520

    2011

    Lehi

  6. 06
    RainFocus

    RainFocus

    Cloud-based software

    SaaS event marketing platform that simplifies management, personalizes experiences and consolidates data for significantly better events.

    $23M

    $44M

    234

    2013

    Lehi

  7. 07
    Canopy

    Canopy

    Accounting And Finance Software

    Canopy creates tax and accounting software that simplifies your practice so you can help more clients. Canopy’s Practice Management lets you connect every element of your practice with features ranging from CRM to project management. Our Tax Resoluti

    $7M

    $97M

    114

    2014

    Lehi

  8. 08
    FreshLime

    FreshLime

    Analytics Software

    Real-time Marketing Automation and Customer Engagement Solutions

    $4M

    $13M

    64

    2015

    Lehi

  9. 09
    Clientbook

    Clientbook

    Retail Software

    SaaS platform built for retail sales associates

    $3M

    $6M

    32

    2017

    Lehi

  10. 10
    Moki

    Moki

    Software as a Service Platform(SaaS)

    Moki makes device management simple. Easily deploy, manage, and maintain Android & iOS devices. Request a Demo today.

    $3M

    $18M

    39

    2012

    Lehi

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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.