Top SaaS Companies in Phoenix

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

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.

$0 - $1M ARR
  1. HiringSolved $931.6K
  2. SimpleWan $888.4K
  3. eBacon $822.5K
  4. The RSVP App $702.4K
$5M - $10M ARR
  1. Tallwave $6.0M
$10M+ ARR
  1. Axway $361.0M
  2. Webpt $42.0M
  3. Integrate $25.8M
  1. 01
    Solera Health

    Solera Health

    Healthcare Software

    Provider of an integrated benefit network intended to connect patients, payers and physicians with community organizations and digital therapeutics providers. The company helps consolidate highly fragmented programs and services into a single marketplace,

    $5M

    $72M

    115

    2015

    Phoenix

  2. 02
    RIESTER

    RIESTER

    Digital Advertising Platforms

    RIESTER is a full-service digital marketing and advertising company with a staff of over 140 marketing professionals providing services including; research and brand planning, advertising, digital marketing (websites responsive to mobile, smart phone apps,

    $4M

    132

    1989

    Phoenix

  3. 03
    Fullbay

    Fullbay

    Automotive Services Software

    Provider of cloud-based shop management software. The company provides a web-based platform for the heavy-duty truck repair industry allows heavy-duty truckrepair shops to run their companies more efficiently and effectively, optimizing workflows for techn

    $4M

    $23M

    53

    2015

    Phoenix

  4. 04
    Hub Media Marketing

    Hub Media Marketing

    SaaS Software

    SaaS texting service used for collections in the self storage indusrty

    $3M

    49

    2010

    Phoenix

  5. 05
    SwitchThink Solutions

    SwitchThink Solutions

    Financial Services Software

    SwitchThink Solutions is an IT services & consulting, and credit union professionals firm.

    $3M

    55

    2017

    Phoenix

  6. 06
    Clearvoice

    Clearvoice

    CRM and Related Software

    Create great content again and again with our easy-to-use content marketing platform and integrated talent network. ClearVoice is like a playground for content people, where brands and agencies can connect with high-quality freelancers to make engaging...

    $3M

    $5M

    150

    143

    2013

    Phoenix

  7. 07
    Salucro Healthcare Solutions

    Salucro Healthcare Solutions

    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

    $3M

    $11M

    93

    2004

    Phoenix

  8. 08
    OpenForce

    OpenForce

    Enterprise Software

    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

    $3M

    50

    2001

    Phoenix

  9. 09
    TRAY

    TRAY

    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

    $3M

    $5M

    38

    2013

    Phoenix

  10. 10
    Smilevirtual

    Smilevirtual

    Healthcare Software

    Transform lives by building confidence

    $3M

    75

    2

    2016

    Phoenix

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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.