These are the top SaaS companies in Manhattan, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Manhattan by featuring these 5 companies with combined revenues of $32.4M.
Together, Manhattan SaaS companies employ over 409 employees, have raised $314.2M capital, and serve over 44K customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Public Safety Software
CivicPlus is a developer of a cloud-based technology platform designed to provide integrated software for cities and counties across North America. The company's technology platform provides content management system, customized training and consulting cyber-security, website designing, mass notification system, human resource management system and recreation management software, enabling local government to work better by connecting them with people and communities. The company was founded in 1997 and is headquartered in Manhattan, Kansas. The company continues to grow by making periodic small acquisitions.
Developer of a DME supply ordering platform intended to improve patient care through transparent and seamless coordination of medical equipment and supplies. The company's platform streamlines operations by eliminating unnecessary data entry, digitizing signatures, providing real-time order status updates and order history logs, integrated messaging and on-demand data reporting, enabling healthcare providers to reduce errors and improve equipment delivery time for discharged patients.
Pronto makes affordable housing compliance efficient, inclusive, and intuitive through SaaS and Service solutions
Digital Advertising Platforms
Creates human-read Voice experiences for publishers, media companies, and brands that drive engagement and revenue across audio platforms.
Digital Advertising Platforms
Provider and developer of advocacy influencer platform for brands. The company provides social customer relationship management tools to identify and invite specific groups of highly engaged and influential brand fans. It provides influencer engagement platform that creates marketing campaigns. It also provides insights dashboard to get feedback and actionable recommendations from campaigns.
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.