These are the top SaaS companies in San Luis Obispo, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for San Luis Obispo by featuring these 10 companies with combined revenues of $374M.
Together, San Luis Obispo SaaS companies employ over 2K employees, have raised $184.9M capital, and serve over 71K customers around the world.
10
$374M
2K
$184.9M
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Top SaaS Companies with $0 - $1M ARR
Business Management Software
Mindbody is a technology platform for the fitness, wellness and beauty services industries. The company provides cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. It was founded in 2001 and is headquartered in San Luis Obispo, California.
Agriculture Software
Developer of irrigation management technology designed to reduce water use, energy consumption and nutrient loss. The company's irrigation management technology integrates a wireless field-based unit, soil monitoring sensors and a cloud-based application to provide critical crop information like soil tension, weather and other data from the field in real-time, enabling crop growers to detect crop stress while improving yield and productivity in the process.
E-Commerce Software
Provider of an omnichannel ecommerce platform intended to control the brand beyond the domain, resolve channel conflict with retailers and deliver the products through a better customer experience. The company's platform offers order flow controller and quivers syndicated product information management service, enabling brands to leverage their existing retailer network to offer a more personalized omnichannel experience.
Fitness Software
Save time, coach more. An all-in-one coaching platform focusing on communication, collaboration and performance analysis. This all-in-one app eliminates the need for multiple and complicated tools that can deter athletes and clients from reaching their...
Information Technology Software
Provider of software development and technology consultancy services. The company's service helps break down data silos by integrating a client's disparate applications, including their project and business management tools into an easy-to-use data ecosystem and creates intuitive interfaces, timelines and other project management tools by pulling data from the programs companies already use, enabling businesses to easily manage their data.
Customer Support Software
The Bottlefly created a patent-pending method for tracking consumer preferences in sensory-based products.
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.