Top SaaS Companies in New York

List of the largest SaaS companies in New York, United States (Click to apply)

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 145 companies with combined revenues of $4.7B.

Together, New York SaaS companies employ over 43K employees, have raised $2.4B capital, and serve over 2M customers around the world.

$0 - $1M ARR
  1. Centrical $1.0M
  2. ShopKeep $1.0M
  3. Truveris $1.0M
$1M - $5M ARR
  1. CloudLex $4.6M
  2. JobDiva $4.6M
  3. Conveyiq $4.0M
$5M - $10M ARR
  1. Socialflow $10.0M
  2. Ivy $10.0M
  3. Optimove $10.0M
  4. Handshake $9.6M
$10M+ ARR
  1. Broadcom $1.0B
  2. DigitalOcean $357.0M
  3. Sprinklr $306.0M
  4. LivePerson $200.0M
  1. 01
    Optimove

    Optimove

    CRM and Related Software

    Optimove is a privately held company that develops and markets a software as a service software product, also called Optimove, for the automation of personalized customer retention marketing.

    $10M

    $20M

    77

    262

    2009

    New York

  2. 02
    Socialflow

    Socialflow

    CRM and Related Software

    SocialFlow is a social media optimization platform for leading brands and publishers.

    $10M

    $32M

    200

    50

    2010

    New York

  3. 03
    Ivy

    Ivy

    Collaboration & Productivity Software

    As the social university, IVY provides a lifetime of inspiration, sparking world-changing collaborations and unprecedented unity, progress and fulfillment.

    $10M

    $9M

    20K

    176

    2012

    New York

  4. 04
    Conversocial

    Conversocial

    CRM and Related Software

    Conversocial is a provider of social customer service software headquartered in New York City and founded in London.

    $10M

    $20M

    200

    100

    2009

    New York

  5. 05
    Handshake

    Handshake

    E-Commerce Software

    The Handshake B2B Commerce Platform provides mobile order entry apps and B2B eCommerce solutions for manufacturers and distributors. Request a demo now.

    $10M

    $24M

    1K

    70

    2011

    New York

  6. 06
    Smartling

    Smartling

    Content Management Systems

    Smartling is a cloud-based translation technology and services company headquartered in New York City.

    $10M

    $63M

    500

    202

    2009

    New York

  7. 07
    Acuityscheduling

    Acuityscheduling

    Office Software

    Online appointment scheduling software. Clients schedule appointments, pay, and complete intake forms online 24/7. Free signup!

    $10M

    16K

    11

    2007

    New York

  8. 08
    MyClean

    MyClean

    Professional Services Providers

    You Click. We Clean. You Relax

    $9M

    $270K

    75

    2009

    New York

  9. 09
    Skyitgroup

    Skyitgroup

    Sales Software

    Reatile sell-through data collection, distribution and Insights

    $9M

    500

    110

    2008

    New York

  10. 10
    Structuredweb

    Structuredweb

    CRM and Related Software

    StructuredWeb enables global enterprises with innovative channel marketing technologies and services so they can drive scalable demand through 1000

    $9M

    $6M

    36

    50

    1999

    New York

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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.