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 32 companies with combined revenues of $626.8M.
Together, Lehi SaaS companies employ over 4K employees, have raised $2.1B capital, and serve over 463K customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Top SaaS Companies with $5 - $10M ARR
Real Estate Software
Entrata's property management software connects all of your data & processes, allowing you to create better experiences for prospects, residents, & employees.
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 providers cloud-based enterprise work management solutions for enterprise teams
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.
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.
Accounting And Finance Software
Canopy creates tax and accounting software that simplifies your practice so you can help more clients. Canopyâ€™s Practice Management lets you connect every element of your practice with features ranging from CRM to project management. Our Tax Resolution lets you shave hours off every case with smart automation and instant calculations. With our free Transcripts tool you can pull IRS transcripts in as little as 2 minutes. With our Notices tool you can quickly get up to speed on specific IRS notice requirements and follow a detailed path to resolution.
Real-time Marketing Automation and Customer Engagement Solutions
XANTâ„¢ (formerly InsideSales.com) helps enterprise customers accelerate revenue in a way CRM and AI alone cannot. Its Revenue Acceleration Cloudâ„¢ uses AI-powered by Real Dataâ„¢â€”behavioral insights captured in real-time between every buyer and seller on the platformâ€”to guide teams to focus on the right things, optimize engagement and improve visibility. Leading brands like Caesars Entertainment, VMWare, Groupon, John Hancock Investment Management, Pluralsight, Fidelity Investments, Experian, West Corp., and Ten-X rely on XANT for measurable revenue lift and real results.
SaaS platform built for retail sales associates
Software as a Service Platform(SaaS)
Moki makes device management simple. Easily deploy, manage, and maintain Android & iOS devices. Request a Demo today.
Provider of a SaaS based software intended to focus exclusively on serving higher education. The company's SaaS based software delivers cloud based administrative software built specifically for higher education to streamline processes to reduce costs for student services, financials, research and continuity planning, enabling its clients to simplify college and university administration using their tools.
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.