These are the top SaaS companies in Tampa, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Tampa by featuring these 35 companies with combined revenues of $374.1M.
Together, Tampa SaaS companies employ over 3K employees, have raised $575.2M capital, and serve over 2M customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Business Management Software
ConnectWise empowers technology solution providers to reach their goals faster with an award-winning business management software suite & much more.
ReliaQuest provides a SaaS security platform designed to minimize data loss and business disruptions.
Provider of SaaS based financial technology and integrated services intended to manage healthcare plans, flexible spending accounts and healthcare reimbursement accounts. The company's CDH-centered business strategy, integrated technology and services deliver consumer driven healthcare, retiree, and reimbursement products and services to health plan providers, financial institutions and human resources administrators, enabling them realize faster growth, greater agility and higher member satisfaction.
Information Technology Software
Provider of co-location services for cloud-based network enabled businesses. The company offers co-location and infrastructure, carrier connectivity and peering, and data center remote access services, as well as data center power, space and energy management services.
Financial Services Software
Provider of electronic payment processing products and services. The company provides merchants with value added integration services including encryption, out of scope and mobile payment applications, and cloud based Point Of Sale (POS) reporting platforms. It also offers electronic payment services, including credit, debit, fleet, gift card, proprietary rewards and loyalty programs, electronic benefits transfer (EBT), and check authorization and conversion.
Application Development Software
Developer of a deployment software designed to create fit-for-purpose web applications. The company's software allows to easily deploy Excel spreadsheets to web-based applications and also allows information to be shared securely, preserving the security of proprietary formulas and figures, thereby allowing enterprise-level companies to accelerate their business processes and increase profitability
CRM and Related Software
SiteWit provides a do-it-yourself automated big data driven approach for website and paid search optimization for the major web and marketing platforms like Google AdWords, Bing, Facebook, WordPress, and many more using engagement marketing and predict...
Collaboration & Productivity Software
Say goodbye to overwhelming webinar platforms. Demio saves you time, providing you with all the tools necessary for a convenient and reliable webinar experience. We make running webinars something you'll be excited about.
Financial Services Software
National Payment Corporation is the nationâ€™s largest independent provider of payroll distribution solutions for all sizes of businesses. In business since 1991, National Payment satisfies the payroll distribution needs of thousands of customers in most industries, and in every state. National Paymentâ€™s unique payroll distribution process has many checks and balances to insure that your funds are safe and secure; so that your employees are paid accurately and on-time, every time. Security is our number one priority! Trusting your Direct Deposit payroll, and your electronic pay stub delivery to National Payment is a safe decision. Bonded through two nationally known insurance carriers, National Payment has never lost a penny of our customerâ€™s money. And we transmit over 5 billion dollars a year on behalf of our customers.
Process Automation Software
Developer of a workflow automation software designed to automate and streamline school processes. The company's software organizes and automates complicated administrative tasks like field trip planning and aftercare billing, enabling parents to update emergency information, sign forms and pay fees from home and teachers to manage field trips and student collection and administrators to get a real-time view of parent purchases and activities.
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.