These are the top SaaS companies in Plymouth, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Plymouth by featuring these 6 companies with combined revenues of $8.7M.
Together, Plymouth SaaS companies employ over 59 employees, have raised $1.6M capital, and serve over 30K customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
The PrismHR platform lets you manage payroll, benefits, compliance, and HR for your clients to help you operate efficiently and accelerate growth.
Developer of a cloud-based, blockchain-as-a-service (BaaS) platform designed to deploy blockchain apps for iOS, Android, and the web. The company's platform offers a secure, direct connection between users and providers, eliminating third parties, enabling users across a variety of skill sets to implement decentralized applications.
Financial Services Software
FMeX offers the worlds largest content library built exclusively for the financial services industry with a single goal of helping financial professionals provide personalized communications in order to enhance client relationships and increase sales.
Developer of stock market analysis tool designed to provide valuable insights and current status of various public companies. The company's stock market analysis tool does research about various companies and provides valuable data which assists in investment decision making, enabling users to take investment decision on the basis of real-time data research.
Web Management Software
Unique WordPress & WooCommerce Plugins
Provider of cloud-based printing toolset intended to automatically transform the engineering expertise of design engineers into printable parts. The company's toolset reduces the black art of designing parts for 3D printing to software, enabling clients to generate parametric designs of functional structures for metal alloy feedstocks for 3D printing.
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.