These are the top SaaS companies in Redwood City, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Redwood City by featuring these 73 companies with combined revenues of $684.4M.
Together, Redwood City SaaS companies employ over 6K employees, have raised $614.2M capital, and serve over 516M customers around the world.
Business Intelligence Software
Sumo Logic is a cloud-based machine data analytics company focusing on security, operations and BI usecases. It provides log management and analytics services that leverage machine-generated big data to deliver real-time IT insights
CRM and Related Software
Branch is a mobile deep linking platform for app developers and marketers that enables link-based user experiences, ranging from smart app banners to native content sharing.
Collaboration & Productivity Software
Evernote is an app designed for note taking, organizing, task management, and archiving.
Host Analytics provides a scalable, cloud-based platform for finance teams to automate planning, consolidation, and reporting processes.
Workboard, Inc. provides SaaS solutions for Active Strategy Management software and is based in Redwood City, California.
Time Tracking Software
Xtime delivers retention solutions for the retail automotive industry. Xtime Spectrum is the industry's first fully integrated, cloud-based system designed to drive owner loyalty through one service experience platform. From the first touchpoint to che...
Artificial Intelligence Software
Legion's AI-powered workforce management platform helps companies maximize labor efficiency while increasing employee engagement.
GoFundMe is a provider of a social fundraising platform. The company enables users to create a profile for online donations in less than a minute and to share through built-in connections to Facebook, Twitter and e-mail. It seeks to acquire companies that
Data Integration Software
Reltio offers an enterprise cloud master data management platform, centered around the heart of the connected customer experience. Explore this solution!
CRM and Related Software
Agile business software: Agiloft is the world's most adaptable and rapidly deployed enterprise software for Contract Management, Service Desk and Custom Workflows
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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.
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.