These are the top SaaS companies in Phoenix, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Phoenix by featuring these 57 companies with combined revenues of $505.9M.
Together, Phoenix SaaS companies employ over 4K employees, have raised $5.0M capital, and serve over 15K customers around the world.
Financial Services Software
SwitchThink Solutions is an IT services & consulting, and credit union professionals firm.
CRM and Related Software
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Financial Services Software
Developer of a payment processing software designed to help healthcare providers collect more patient payments. The company's software offers real-time payment solutions with flexible payment options allowing them to capture more revenue at multiple points
Provider of compliance software and other related payment settlement services. The company offers a cloud-based application, enabling contracting companies to pay independent contractors as well as track, document and facilitate compliance with the complex
Software As A Service Platform(Saas)
Developer of a self-service or staff-assisted ordering and POS system designed to revolutionize businesses. The company's system offers customer self-service ordering kiosks and a mobile application that let customers order and pay right from their own sma
Transform lives by building confidence
Chassi provides visibility into work performance for manufacturing, distribution and supply chain teams that work with ERPs
Upswing Interactive builds momentum for customers.
Customer Support Software
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SaaS based business workflow automation apps-store for small, medium and enterprises.
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.
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.