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.
Collaboration & Productivity Software
As the social university, IVY provides a lifetime of inspiration, sparking world-changing collaborations and unprecedented unity, progress and fulfillment.
CRM and Related Software
SocialFlow is a social media optimization platform for leading brands and publishers.
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.
Application Development Software
Bubble introduces a new way to build a web application. It’s a point-and-click programming tool, for web and mobile. No prior coding experience needed. Bubble is a visual programming language for web and mobile applications. Bubble lets you build applications without typing code; it’s an alternative to Ruby-on-Rails or Django. Bubble hosts allapplications on its cloud platform. Technology is taking over everything, and they think it is a travesty that programming is still a niche skill. They want to live in a world where the average person can create technology, not just consume it. They don’t believe the path to that world is teaching everyone how to code. Why should humans learn to talk like computers? Let’s build computers that can talk like humans. Their mission is to destroy the distinction between building technology and using technology, by making programming as user-friendly as your favorite app. They build tools that empower people to be first class citizens of the digital world.
CRM and Related Software
Conversocial is a provider of social customer service software headquartered in New York City and founded in London.
Truveris brings transparency to the prescription drug ecosystem through data-driven innovations. Truveris‚Äô platform offers customers ‚Äì from the individual patient to employers, retailers, pharmacy benefits stakeholders, and manufacturers ‚Äì the data and insights they need to effectively and efficiently manage rising costs and market access challenges. Based in Manhattan, Truveris is backed by Canaan Partners, New Leaf Venture Partners, Tribeca Venture Partners, New Atlantic Ventures and First Round Capital.
Helps Google users share address books
Content Management Systems
Smartling is a cloud-based translation technology and services company headquartered in New York City.
Online appointment scheduling software. Clients schedule appointments, pay, and complete intake forms online 24/7. Free signup!
Real Estate Software
Developer of a cloud-based real estate appraisal platform designed to redefine the commercial appraisal space. The company's platform uses powerful back-end databases and natural language generators to take appraising out of dated excel sheets and offer increased efficiency, quality and consistency across the firm, enabling appraisers to produce more consistent reports at a faster and lower cost.
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.