These are the top SaaS companies in New York, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for New York by featuring these 1,292 companies with combined revenues of $36.1B.
Together, New York SaaS companies employ over 245K employees, have raised $64.3B capital, and serve over 1B customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Information Technology Software
Meta is a social technology company that enables people to connect, find communities, and grow businesses.
Information Technology Software
CSRA is a provider of information technology and consulting services. The company is engaged in providing information technology and professional consulting services to government clients, homeland security and health sectors so as to modernize legacy systems, protect networks and assets and improve effectiveness of mission-critical functions. The company was founded in 2015 and is headquartered in Falls Church, Virginia. It seeks to expand its portfolio and existing clients through strategic acquisitions.
It Management Software
Broadcom Inc. is an American designer, developer, manufacturer and global supplier of a wide range of semiconductor and infrastructure software products.
Infor is a multi-national enterprise software company, headquartered in New York City, United States.
Justworks provides small and medium-sized businesses with simple software and expert support for payroll, benefits, HR, and compliance.
LexisNexis is a corporation providing computer-assisted legal research as well as business research and risk management services.
Datadog is a monitoring service for cloud-scale applications, providing monitoring of servers, databases, tools, and services, through a SaaS-based data analytics platform.
Artificial Intelligence Software
UiPath Studio – a tool that enables you to design automation processes in a visual manner, through diagrams. UiPath Robot - executes the processes built in Studio, as a human would. UiPath Orchestrator - a web application that enables you to deploy, schedule, monitor and manage Robots and processes.
We are a data and analytics company that embeds intelligence into everything.
LivePerson's Conversational AI-powered chatbots & messaging tools help businesses of all sizes understand customer intent, increase conversions, & reduce costs.
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.