logo
logo
Curve
List of the largest SaaS companies in Lenoir City, United States

Top SaaS Companies in Lenoir City

These are the top SaaS companies in Lenoir City, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Lenoir City by featuring these 1 companies with combined revenues of $5.5M.

Together, Lenoir City SaaS companies employ over 244 employees, have raised $0 capital, and serve over 90K customers around the world.

Divider

Highlights

Top SaaS Companies with $0 - $1M ARR


Top SaaS Companies with $1 - $5M ARR


Top SaaS Companies with $10M+ ARR


01
MB
Ministry Brands

Web Management Software

Ministry Brands is a provider of cloud-based software services. The company provides its services to churches, ministries and faith-based organizations in North America. It offers church management, online giving, mass communication, background screening, church leadership development, church financial accounting, website services software and mobile applications. It was founded in 2012 and is headquartered in Lenoir City, Tennessee. The company seeks to strengthen and expand the company's core business through acquisitions.

$6M
-
90K
244
2012
United States
1 - 1 of 1

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.