These are the top SaaS companies in Portland, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Portland by featuring these 102 companies with combined revenues of $425M.
Together, Portland SaaS companies employ over 5K employees, have raised $1.2B capital, and serve over 24M customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Rubicon Technologies, LLC, commonly known as Rubicon, is a software company focused on waste and recycling.
Real Estate Software
Online Syndication of commercial real estate
Developer of an electronic discovery and information governance software. The company's software enables users to automate legal hold process, manage custodians data sources, streamline collection workflow, facilitate vendor relations and track review and production processes.
It Management Software
Cloudability lets you visualize, manage, optimize and govern cloud costs and spend across your business or enterprise with True Cost accuracy.
Send automated email, push, SMS, letters, and webhooks based on your customer's activities in your app or product.
Professional Services Providers
Provider of virtual executive assistant services intended to help in administrative purposes. The company's services manage time-consuming recurring processes and offer assistance to repeatable processes like scheduling, enabling clients to increase business's impact overtime.
Information Technology Software
Puppet Labs is a provider of enterprise information technology automation services. It products include open source projects and pricing and its software helps system administrators automate configuration and management of machines. The company was founded in 2005 and is headquartered in Portland, Oregon and it seeks to expand its portfolio and existing clients through strategic acquisitions.
Leading cloud-based travel and expense management solution for organizations of all sizes. Customer support: firstname.lastname@example.org or 888-925-0510
Digital Marketing Solutions
Provider of online selling platform. The company provides a platform for users to sell their products online via their blogs or social networks using the platforms widgets and integrated sharing functions.
Provider of permanent retail displays and store fixtures. The company's marketing, retail and technology insight enables to create digital brand experiences across every channel.
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.