These are the top SaaS companies in Plano, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Plano by featuring these 38 companies with combined revenues of $166M.
Together, Plano SaaS companies employ over 3K employees, have raised $437M capital, and serve over 50M customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Financial Services Software
Alkami Technology develops and delivers digital banking solutions for credit unions and banks. Its product includes ORB Platform which is a Software-as-a-Service (SaaS) solution that offers retail banking features, such as P2P, card controls, alerts, account aggregation, rewards, shared access, PFM, and analytics; business banking, which includes managing payroll and wires and payments, and administering sub-users and their permissions; integrated mobile banking; and intelligent content delivery. Further, Alkami Technology features retail, business, mobile, bill pay, personal finance management, person-to-person payments, and marketing; and features an integrated content management system that delivers one-to-one product marketing and cross-sells opportunities. Gary Nelson, Sean McElroy, and Stephen Bohanon founded iThryv on August 21, 2009, that became Alkami Technology in March 2010, with its headquarters in Plano, Texas..Alkami Technology provides cloud-based digital banking solutions for credit unions and banks
Information Technology Software
Improving Holdings is a provider of technology and custom software development training services. The company offers advanced technology consulting, recruiting, project and training services, enabling clients to realize their tactical and strategic business objectives. The company was founded in 2007 and is headquartered at Plano, Texas.
mroads is a niche tech start-up powering PaÃ±Ã±a - an intuitive video interview platform built to find the right talent in the shortest time.
American Football Software
With nearly 50 million users in 35 countries, Stack Sports is a global technology leader in SaaS platform offerings for the sports industry.
Developer of a digital health platform designed to offer virtual interaction between patients and doctors. The company's platform offers automatic remote biometric data collection, delivering prescriptive care plans and patient interaction, enabling patients to have access to remote care in support of lowering acute care and costs.
Information Technology Software
Developer of a wireless broadband technology designed to serve wireless internet connections. The company focuses on research and development of small cell and wireless broadband technologies to provide network infrastructure service and open application programming interface 5G solution, enabling clients to access to efficient network service and improve wireless communication coverage.
Operator of a patient acquisition platform intended to offer digital marketing to get a better way to acquire more patients with website. The company's platform provides internet advertising through web, search, video, social and reputation management, enabling doctors, dentists and healthcare providers to succeed in medical practices online.
Provider of private cloud-based document management services. The company's services help organizations to store, manage and distribute content, documents and business information.
Cloud Computing Software
Provider of a cloud-based field service management software designed to provide cues for up-sell and cross-sell opportunities, optimizing operations and service calls. The company's software operates as an all-in-one platform that includes scheduling and reporting through automated, bidirectional, live communication between the field and the back office, enabling business to optimize operation and service calls, improve productivity and ultimately improve both customer and employee satisfaction.
Kvantum is a marketing performance and intelligence company, building technology that changes the way brands measure the marketing.
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.