These are the top SaaS companies in Saint Paul, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Saint Paul by featuring these 8 companies with combined revenues of $5.8M.
Together, Saint Paul SaaS companies employ over 134 employees, have raised $325K capital, and serve over 1M customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Provider of revenue cycle management software to the healthcare industry. The company provides a complete suite of billing cycle services to enable customers to improve efficiency, reduce costs an increase in cash flow. Its primary services include electronic and paper statement processing, software-as-a-service-based support tools that allow customers to manage the entire patient-pay collection process and an online payment offering.
Collaboration & Productivity Software
Developer of an employee success management platform designed to inspire and enable all organizations to unleash the full potential of their people and teams. The company's platform extracts basic demographic data from company's HRIS, payroll and performance management systems, creating a centralized view of the company's employees, enabling organizations to find the right people for new projects, maximize employee engagement investments with personality and profile data as well as drive meaningful connections and greater communication.
Nagios - The Industry Standard In IT Infrastructure Monitoring. Complete enterprise grade network, server and log monitoring software.
E Commerce Software
Blackbell is a SaaS platform that integrates all processes to sell services. Blackbell does not only tackle the online booking aspect of the sale of a service but all that is required to run a service business, from A to Z: Visual content builder, Services management, Calendars, Online payment, Coupons, Sell via local marketplaces, Website and App, Translation editor, Reviews, Quotes, Customer database, Email campaign manager, Live chat, Orders manager, Workflows, Reporting. With Blackbell Connect , we offer the ability to create marketplaces of services online. We facilitate all transactions (including commissions) between the marketplace owner and the services providers via their respective Blackbell accounts.
Developer of a cybersecurity platform designed to offer protection against cyber threats. The company's platform utilizes multi-layered approach across various cyber risk points to provide physical and cyber security testing, computer vulnerability assessments, network protection, intruder detection, threat identification and mitigation, enabling organizations to protect themselves from cyber attacks and get real-time vulnerability alerts.
Provider of an electronic real estate recording system. The company provides a system which enables users to record mortgage documents, transfer documents, lien releases assignments for residential and commercial lenders in United States.
InfluenceKit is automated reporting for sponsored content
Provider of a mobile platform designed to support cancer patients. The company's platform offers virtual coaching and virtual care for cancer survivors including exercise, nutrition, mindfulness and community engagement in real-time with research-based tools by providing wrap-around behavioural health program, enabling physicians to empower cancer patients to live longer, healthier lives and determine special meals and workout plans.
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.