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List of the largest SaaS companies in Miami, United States

Top SaaS Companies in Miami

These are the top SaaS companies in Miami, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Miami by featuring these 100 companies with combined revenues of $416.1M.

Together, Miami SaaS companies employ over 6K employees, have raised $264.8M capital, and serve over 42M customers around the world.

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Highlights

02
gTRG
goTRG

Retail Software

The leading returns management solution for the world's largest retailers and manufacturers.

$100M
-
-
3
2008
United States
03
MS
Medusind Solutions

Healthcare Software

Medusind Solutions, one of the leading outsourcing companies, provides integrated healthcare business solutions, both on and offshore.We take pride in utilizing global resources to cover physician practices, hospitals, dental groups, and third party billing companies. With our expert teams comprising of CPC-certified physician coders, we ensure high quality, end-to-end revenue cycle management (...RCM) services including medical coding, healthcare billing, medical transcription, coding documentation and coding analytics that lead into high value RCM activity, resulting in maximized reimbursements for our clients.Our adept Knowledge Process Outsourcing (KPO) services present superior, cost-effective solutions for complex processes in the healthcare industry, backed by rich domain expertise and robust compliance norms, which enables large health care provider facilities and Group Purchase Organizations to better manage sourcing costs by providing value added services such as spend manage

$67M
-
10K
1K
2002
United States
04
F
Farelogix

Information Technology Software

Provider of distribution technology and services intended to modernize the airline commerce and distribution landscape. The company's services help to dynamically create, control, optimize and deliver personalized and differentiated airline offers to any and all sales channels, enabling clients to generate revenue.

$13M
$10M
25
272
1998
United States
05
G
Gravity4

Advertising Software

Gravity4 is the world’s first high-frequency machine-learning marketing OS, built to enhance the advertising and SaaS industries.

$11M
-
-
356
2014
United States
06
i
itopia

Cloud Computing Software

Itopia is a desktop-as-a-service solution for Google Cloud Platform, providing an end-to-end automated and orchestrated software.

$8M
$21M
-
76
2013
United States
07
PIXID
PIXID

Information Technology Software

Pixid is an operator of an online management system for temporary work. The company specializes in SaaS and flexible employment. It was founded in 2004 and is headquartered in Courbevoie, France. The company seeks to strengthen and expand the company's core business through acquisitions.

$7M
-
160K
88
2004
United States
08
SR
Strands Retail

E-Commerce Software

Easy, affordable product recommendations for retailers.

$6M
-
-
81
2004
United States
09
ASP
Agency Software Partners

Advertising Software

Moulin efficiently measures reaction to TV and Radio commercials.

$6M
-
-
68
2004
United States
10
KS
Komet-Sales

Sales Software

Komet is a web-based solution designed for the floral industry that gives you the necessary tools to automate procurement, sales, and logistic processes while connecting with your key business partners.

$5M
-
5K
54
2005
United States
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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.