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List of the largest SaaS companies in Madison, United States

Top SaaS Companies in Madison

These are the top SaaS companies in Madison, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Madison by featuring these 13 companies with combined revenues of $142.5M.

Together, Madison SaaS companies employ over 485 employees, have raised $205.3M capital, and serve over 45M customers around the world.

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Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


01
$119M
$147M
200
142
2014
United States
02
MH
Moxe Health

Healthcare Software

Developer of a clinical data integration platform designed to streamline the exchange of clinical data between health plans and provider systems. The company's platform provides interactive network that seamlessly deliver the right information at the right time as well as offers services for risk adjustment, claims denial management, clinical summaries, administrative notifications and care gap management, enabling health systems and health plans to share medical records and key patient insights, automatically and instantly.

$5M
$6M
40M
56
2011
United States
03
AB
AkitaBox

Construction Software

Developer of a facility management software intended to automate the manual maintenance processes. The company's facility management software develops an application for storing, retrieving and integrating facility information and data, enabling clients to integrate building plans, work orders and maintain information.

$4M
$1M
-
66
2015
United States
04
I
Ionic

Development Software

Developer of an open source mobile software development kit (SDK) designed to create web-based applications. The company's mobile software development kit (SDK) compiles and redeploys applications onto any platform, enabling web developers to access a single code base.

$4M
$26M
5M
58
2012
United States
05
FF
FactoryFix

Information Technology Software

Developer of a data-driven platform designed to connect manufacturing businesses with skilled workers. The company's platform helps manufacturing companies to hire vetted, industrial skilled labor professionals by the hour, whenever they need help, enabling clients to load jobs into the system and screen candidates easily.

$3M
$2M
-
39
2014
United States
06
DC
DataChat

Analytics Software

Developer of an enterprise search chat bot designed to synthesize data from multiple sources on demand. The company's platform simplifies the enterprise search process by removing the need for coding skills, enabling business professionals to access multiple data sources via a customizable chatbot.

$3M
$4M
-
31
2017
United States
07
SUQ
SmartUQ

Analytics Software

Developer of uncertainty quantification and analytics software designed to offer real-world variability and probabilistic behavior analysis. The company's software runs complex tests with multiple variables needed for designing products, making business decisions, fluid dynamics, multi-physics and other types of complex simulation and accelerates analysis cycles, improves designs and increases confidence in decisions, enabling businesses to reduce the number of simulations and tests required to gain deep insights.

$1M
$8M
-
16
2014
United States
08
W
Wellbe

Healthcare Software

Developer of a cloud-based platform designed to transform care delivery by improving patients' experiences. The company's platform facilitates connected care between patients and healthcare providers across an episode such as a joint replacement surgery, empowering patients to participate as active partners in their treatment and giving providers the ability to monitor large numbers of patients more effectively.

$1M
$9M
-
38
2009
United States
09
D
Digsite

Business Intelligence Software

Digsite’s agile qualitative research platform helps you build online communities to answer “why” questions and optimize products, experiences or marketing programs in as little as 24 hours.

$916K
$2M
-
11
2014
United States
10
MI
MobileIgniter

Marketing Software

Identifying opportunity, embedding connectivity, and creating the key web and mobile interfaces to complete the circuit.

$869K
-
-
13
2011
United States
1 - 10 of 12Next

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.