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List of the largest SaaS companies in Philadelphia, United States

Top SaaS Companies in Philadelphia

These are the top SaaS companies in Philadelphia, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Philadelphia by featuring these 61 companies with combined revenues of $151.6M.

Together, Philadelphia SaaS companies employ over 2K employees, have raised $562.3M capital, and serve over 23M customers around the world.

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Highlights

Top SaaS Companies with $5 - $10M ARR


01
$24M
$2M
-
354
2005
United States
02
G
Guru

Knowledge Management Software

Guru is a dynamic, fast-growing start-up based in Philadelphia and San Francisco. Guru is the world’s first Revenue Empowerment Network, utilizing AI to make sales, support, and customer success teams better at their jobs. We believe that knowledge should find you, when and where you need it most. Our mission is to reinvent the way teams share and operationalize knowledge, and to use AI to make humans better at their jobs — not replace them.

$16M
$71M
-
212
2013
United States
03
IM
InstaMed

Healthcare Software

Provider of a payments network designed to connect providers, payers and consumers on one platform. The company's payments network reduces the risks, costs and complexities of working with multiple payment vendors by delivering one platform for all forms of payment in healthcare, designed and developed on one code base and supported by one onshore team of experts in healthcare payments, enabling providers to collect more money from patients and payers while reducing the cost and time to collect.

$15M
$131M
60K
318
2004
United States
04
HC
Happy Cog®

Web Design Platform

We design, build, and market websites, apps, and products.

$13M
-
-
76
1999
United States
05
C
Crossbeam

Sales Software

Our free account mapping features, industry-leading network, and powerful Partner Cloud integrations make Crossbeam the most powerful Partner Ecosystem Platform ever created.data escrow for partnerships

$10M
$117M
1K
76
2018
United States
06
MN
Model-N

Accounting and Finance Software

Model N, Inc. is a public American software company founded in 1999 and headquartered in San Mateo, California.

$10M
-
-
108
1999
United States
07
TNC
The Neat Company

Document Management

Developer of scanning and software solutions. The Company uses imaging technologies to convert paper-based information into digital data, including converting receipts into expense reports and business cards into contacts. It offers connect scanner and software solutions to scan documents and export text, images, and data to their customized and third-party applications.

$6M
$17M
100K
106
2002
United States
08
C
Chain.io

Supply Chain & Logistics Software

The company primarily operates in the Social/Platform Software industry. Chain.io is headquartered in Philadelphia, PA.

$5M
$18M
10
42
2017
United States
09
STRATISIT
STRATIS IoT

Real Estate Software

Provider of an IoT SaaS platform designed to facilitate wireless access, energy, and automation management and control for the complexities of multifamily and student housing. The company's platform integrates with door lock hardware to create secure and convenient access and integrates with smart thermostats, lighting, and sensor technology to control energy usage across communities, enabling property managers and residents to monitor and optimize energy usage, reducing energy bills and mitigating damage in the event of an incident.

$5M
-
380K
74
2013
United States
10
P
Profeatable

Information Technology Software

Developer of screen sharing platform. The company allows its users to share computer screens with their customers without having to download or install any software onto their hard drive.

$5M
-
-
145
2012
United States
1 - 10 of 60Next

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.