Top SaaS Companies in Provo
List of the largest SaaS companies in Provo, United States (Click to apply)
These are the top SaaS companies in Provo, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Provo by featuring these 21 companies with combined revenues of $863.1M.
Together, Provo SaaS companies employ over 4K employees, have raised $679.2M capital, and serve over 18K customers around the world.
- MetaPipe $645.3K
- Start Studio $628.5K
- Fusionware $515.3K
- Parakeet $484.0K
- VisualCue Technology $433.9K
- Linktrust $3.5M
- Midigator $3.1M
- Chatbooks $2.7M
- ChatFunnels $1.5M
- Gumroad $9.2M
- Qualtrics $763.0M
- XANT.ai|XANT $60.0M
- Observepoint $16.0M
- 01
Qualtrics
CRM and Related Software
Qualtrics is a privately held experience management company, with co-headquarters in Provo, Utah and Seattle, Washington, in the United States.|Qualtrics is a single system of record for all experience data, managing customer, product, employee, and brand
$763M
$2B
12K
4K
2002
Provo
- 02
XANT.ai|XANT
Sales Software
XANT delivers the industry-leading sales engagement AI platform powered by Real DataTM. XANT provides solutions that accelerate revenue by enabling (sales) teams to build a better pipeline and close more deals. Our core differentiation stems from RealData
$60M
$251M
2K
300
2004
Provo
- 03
Observepoint
CRM and Related Software
Monitor, test and validate the accuracy of your web tags, critical user paths and more with ObservePoint's automated Data Quality Assurance solution.
$16M
$31M
250
105
2010
Provo
- 04
$9M
$14M
4K
33
2011
Provo
- 05
Linktrust
CRM and Related Software
Want to improve your performance marketing? Utilize our software and analytics here at TrustLink in Provo, Utah. Contact us to request a demo today.
$4M
—
110
19
2002
Provo
- 06
Midigator
Financial Services Software
Developer of a chargeback reporting and management platform designed to keep business protected. The company provides real-time merchant account monitoring and fights chargeback via comprehensive and user-friendly analytics, thereby enabling clients to tak
$3M
$30M
—
64
2013
Provo
- 07
Chatbooks
Social Media Marketing Software
Developer of a mobile application which creates photo books. The company allows users to pick pictures from the phone's photo library and prints photos in a book.
$3M
—
—
107
2014
Provo
- 08
ChatFunnels
Artificial Intelligence Software
Chat Funnels is a Conversation AI Platform and Consulting Solutions provider. We help companies maximize the effectiveness of their conversational marketing efforts in order to achieve better engagement results. We specialize in the use of chatbots for B2B
$1M
—
—
18
2018
Provo
- 09
MetaPipe
Information Technology Software
Developer of a cloud based animation platform designed to deploy fully virtualized VFX and animation studios infrastructure. The company's cloud based animation platform provides an easy-to-use dashboard that deploys an entire high-end studio in literally
$645K
—
—
9
2016
Provo
- 10
Start Studio
Software As A Service Platform(Saas)
Start Studio specializes in custom design, development, and deployment of web, mobile, telephony, and desktop applications. We’re passionate about building the right solution the right way, and we take pride in producing clean, well-documented code that
$629K
—
—
15
2008
Provo
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NextWhat 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.