These are the top SaaS companies in Newton, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Newton by featuring these 10 companies with combined revenues of $116.9M.
Together, Newton SaaS companies employ over 518 employees, have raised $416.2M capital, and serve over 2K customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Top SaaS Companies with $5 - $10M ARR
Top SaaS Companies with $10M+ ARR
Information Technology Software
Silk is the leader in enterprise all-flash storage, redefining IT standards for storage agility, scalability, performance and cost efficiency.
Developer customer experience management systems. The company provides software-as-a-service customer engagement platforms that manage loyalty, reward, gifts, handles mobile applications and delivers data insights, through its innovative software design and integrations with widely used point of sale systems, enabling estaurants and convenience store brands to gain flexibility to build unique, brand-enhancing programs that motivate their guests to increase spend and drive revenue.
Developer of a healthcare operations planning and management analytics platform designed to help customers have a clear, holistic view across their environment to recognize and understand the operational opportunities within the system. The company's platform empowers performance improvement teams to improve margins and reduce uncertainty by systematically aligning hospital resources like staff, operating rooms and inpatient beds enabling healthcare organizations to improve patient access, clinical outcomes, quality metrics and financial performance.
Financial Services Software
Provider of a cloud based predictive analytics platform for fundraising. The company develops an online platform that helps non-profits retain donors and raise money by leveraging predictive analytics, data visualizations and data analytics.
Developer of cloud-based reservations and integration software designed for the hospitality industry. The company/s software tool offers a comprehensive platform technology for delivering connectivity for hotel property management systems to multiple distribution channels for hotels, enabling hospitality industry players to increase business productivity, maximize sales and optimize business efficiency.
Provider of data management platform intended to deliver cloud multi-tenant technology. The company's platform offers a cloud data management tool that manages and tracks a bill of materials that simultaneous bills of materials editing across organizational and geographic boundaries, tracking part usage across multiple bills of materials, enabling users to track and manage changes across engineering, manufacturing, supply chain and contractors.
Madgigss focus is on benchmarking IT professionals on specific traits and skills; hard skills like Oracle or Java are combined with soft skills like communication and leadership to generate a well-rounded candidate profile. A contractor can send rating requests to former employers, clients and customers through the Madgigs platform. These ratings instantly displayed on the Madgigs leaderboard, where IT consultants can see how they stack up against the rest of the technology talent pool. In addition to being a great performance index, a Madgigs rating also acts as an employer reference.
Provider of vendor supplied information technology content. The company collects catalogs and distributes corporate literature to other websites.
Provider of advanced analytics and data services intended to provide proper growth to companies. The company's services provide industry expertise with cutting-edge technology and analytics engine, enabling clients to quickly identify actionable growth opportunities and transforms leverage data and technology to grow their business.
Business Development Software
Developer of mobile applications used in doing surveys. The company helps users in marketing efforts through developing survey application. It has a product called as Survey On The Spot which helps users get feedback from their clients.
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.