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There are 101 SaaS companies in Miami. They have $651.9M combined revenue and employ 10.4K people. See the full list here including CEO email.

Top SaaS Companies in Miami

These are the top 101 SaaS companies in Miami. In today's day and age it's possible to launch a company from anywhere. We wanted to show some love for Miami by featuring these 101 companies with combined revenues of $651.9M.

Together, Miami SaaS companies employ over 10.4K employees, have raised $942.4M capital, and serve over 41.4M customers around the world.

Data: This data was collected through the Latka podcast where each CEO was interviewed for company details.

Divider

SaaS Companies in Miami Ranked by Revenue

1
$158.5M
600
2000
$546.8M
4.8K
2
$113M
0
2008
-
425
3
$64M
0
2009
$180M
315
4
$38.6M
0
2011
$11M
363
5
$32M
0
2020
-
119
6
$25M
6K
2019
$9.3M
874
7
$21.4M
47K
2006
$34M
357
8
$17.9M
0
2009
$200K
212
9
$16.9M
0
2016
$150K
159
10
$13.7M
60
2017
$150K
55
11
$12.6M
0
2016
$15.6M
198
12
$8.2M
0
2008
-
81
13
$7.1M
0
2013
$20.7M
60
14
$7M
100
2018
$2M
59
15
$5.9M
0
2003
-
62
16
$5.6M
0
2018
$239K
70
17
$5.4M
5K
2005
-
54
18
$5.3M
0
2016
$6.1M
77
19
$5.1M
0
2016
$1.3M
95
20
$5M
0
2015
$200K
87
1 - 20 of 101

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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.