These are the top SaaS companies in Shelton, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Shelton by featuring these 2 companies with combined revenues of $8.5M.
Together, Shelton SaaS companies employ over 125 employees, have raised $213.6M capital, and serve over 500 customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Information Technology Software
Provider of energy management optimization products intended to maximize energy savings. The company's tool brings a combination of software, analytics and locally deployed adaptors for unprecedented visibility and control of energy consumption, implement advanced technologies to measure, monitor, and improve energy consumption, enabling users to consolidate bills and get instant savings on energy spend with zero investment.
Information Technology Software
Provider of a cloud-based e-commerce platform designed to automate exchange of inventory, catalog and order information. The company's cloud-based e-commerce platform connects clients' websites, internal systems and trading partners to integrate all steps in their e-commerce supply chain, including electronic catalog management and processing, flexible costing and pricing algorithms, EDI document exchange and order fulfillment, enabling retailers, suppliers and logistics providers to offer more products online without carrying inventory.
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.