These are the top SaaS companies in Los Angeles, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Los Angeles by featuring these 36 companies with combined revenues of $246.7M.
Together, Los Angeles SaaS companies employ over 3K employees, have raised $113.4M capital, and serve over 120K customers around the world.
Development Software
semYOU is a new kind of web experience and represents a new cloud computing framework for desktop apps. Software as a Service is the keyword. Over the semYOU riAPP-Store up to 25 cloud apps are published. These new APPs are special cloud apps and useable
Edlio powers websites for K-12 schools and districts with an easy-to-use content management system (CMS) packed with features developed specifically for teachers and school administrators.
Aderant legal software offers a suite of legal time, billing, ebilling and mobile time entry solutions that enable agility within your firm, and is the #1 choice for law practice and case management software among the AmLaw 200.
National scale with a local approach, Nexstar Digital businesses provide digital media solutions to local and national brands, advertisers, and publishers.
Super affordable Live webcasting software and Online meeting software by Business Hangouts, helps you to make a global presence of your business.
Erp Software
FloQast close management software, created by accountants, simplifies your monthly close with a centralized checklist and automated tie-outs. Learn more.
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Next83 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.
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.