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List of the largest SaaS companies in Reston, United States

Top SaaS Companies in Reston

These are the top SaaS companies in Reston, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Reston by featuring these 35 companies with combined revenues of $2B.

Together, Reston SaaS companies employ over 9K employees, have raised $800.4M capital, and serve over 3M customers around the world.

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Highlights

Top SaaS Companies with $5 - $10M ARR


01
$1B
-
-
2K
2009
United States
02
A
Appian

Application Development Software

Discover the power of low-code automation. Appian is the only leader recognized by industry analysts -- in automation, low-code, and case management.

$305M
$48M
40K
1K
1999
United States
03
E
Ellucian

Education Software

Provider of software services to universities and colleges. The company provides training, education, enterprise resource planning, strategic planning and project management, website design, professional executive services and cloud based software services.

$244M
-
3K
3K
1968
United States
04
CS
Collaborative Solutions

Enterprise Software

Provider of cloud-based business consultancy services intended to help deliver successful outcomes for its customers. The company's cloud consulting services offer objective, proven, and results-oriented guidance that gives global Fortune 500 companies, medium-sized businesses, and education and government institutions the knowledge and tools to succeed, enabling them to maximize the strategic benefits and address the specific needs.

$45M
-
800
1K
2003
United States
05
C
Clarabridge

Analytics Software

Provider of customer experience management software. The company provides software which specializes in analyzing contact center messages, comments, reviews, and other customer feedback in the context of transactions. It also offers Clarabridge Enterprise software for the deployment of text mining for customer feedback applications.

$32M
$119M
1K
392
2006
United States
06
SG
Spring Global

Analytics Software

Provider of enterprise mobility applications and services. The company's cloud-based platform enables companies to seamlessly connect their mobile workforces across various operating systems and devices.

$14M
$90M
100
227
2001
United States
07
METRON
METRON

Artificial Intelligence Software

Developer of a data management platform intended to provide power intelligence for obtaining true energy efficiency. The company's AI-based platform provides tools to monitor, analyze and optimize the energy consumption in real time using data science algorithms and autonomous agents, enabling energy service companies and industrial partners to optimize their processes and utilities while maximizing resources' value.

$11M
$27M
100
172
2013
United States
08
GC
GoCanvas

Software As A Service Platform(Saas)

Provider of a cloud-computing SaaS platform designed to help companies in all industry groups to quickly address the challenges to run and grow their business. The company's platform offers an application that works on smartphones and tablets and replaces outdated process by automating workflow, enabling companies to collect information across their organization, share it instantly with others and gain real-time insight on their business operations.

$7M
$21M
5K
195
2008
United States
09
B
Blackboard

Education Software

Blackboard is an educational technology company. The company offers platform consulting, managed hosting, student services, training services, online program management and enterprise consulting services. It serves higher education, K-12, career colleges, corporations, associations, government and military markets. Founded in 1997, the company is headquartered in Washington, District of Columbia. The company's acquisition strategy focuses on bringing smaller companies with the goal of scaling and integrating new technology in-house.

$6M
$12M
-
145
2009
United States
10
SSP
StreetShares Platform

Financial Services Software

StreetShares Platform is a saas technology that powers banks, credit unions, and non-financial organizations.

$5M
$111M
-
54
2014
United States
1 - 10 of 35Next

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.