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List of the largest SaaS companies in Provo, United States

Top SaaS Companies in Provo

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 20 companies with combined revenues of $46.4M.

Together, Provo SaaS companies employ over 459 employees, have raised $87.5M capital, and serve over 8K customers around the world.

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Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


02
G
Gumroad

E-Commerce Software

Super-simple e-commerce for creators..Super simple ecommerce for creators

$9M
$25M
4K
33
2011
United States
03
HEROIC
HEROIC.com

Software As A Service Platform(Saas)

$5M
-
3K
30
2015
United States
04
L
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
17
2002
United States
05
M
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 take preemptive action against chargebacks and keep their merchant accounts healthy and profitable.

$3M
$30M
-
64
2013
United States
06
C
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
United States
07
CF
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 (Business to Business) sales and marketing, emphasizing work with Drift & Intercom software. We advise, manage, and train companies on how to best use these to collect and qualify leads, book meetings for sales reps, and other creative uses of chatbots in sales and marketing.

$1M
-
-
18
2018
United States
08
SS
SoloSuit

Financial Services Software

Help people fight debt collectors

$960K
$1M
400
6
2018
United States
09
MP
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 minutes with no large upfront costs, pays only for the compute time and storage, which users actually used and simplifies project budgeting, enables small teams of animators and VFX artists to manage everything from a Web browser.

$645K
-
-
9
2016
United States
10
SS
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 meets or exceeds business expectations.

$629K
-
-
15
2008
United States
1 - 10 of 20Next

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.