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List of the largest SaaS companies in Troy, United States

Top SaaS Companies in Troy

These are the top SaaS companies in Troy, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Troy by featuring these 11 companies with combined revenues of $634.5M.

Together, Troy SaaS companies employ over 7K employees, have raised $57.5M capital, and serve over 1M customers around the world.

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Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


02
CG
Ciber Global

Information Technology Software

$148M
-
-
4K
1974
United States
03
NEADIGARC
New Ed (Acquired by DIGARC)

Education Software

Provider of e-catalog and curriculum management services. The company created Acalog which records-based approach saves production time, increases accuracy, and ensures content is consistent, regardless of the medium in which it is presented and Curriculog which is a centralized workflow platform that allows faculty and administrators to collaborate on the curriculum design, change, and approval process.

$8M
-
1M
92
2001
United States
04
A
Apprenda

DevOps Software

Apprenda is a developer of a cloud-based enterprise platform used to power the next generation of enterprise software development. The company creates and supports modern, enterprise-ready application platforms for both cloud-native and traditional application workloads. With more than a decade of deep, enterprise customer insights, it provides compatible solution offerings for both individuals and IT departments, removing friction from the software delivery process and transforming IT into an engine of growth. Apprenda was established in 2007 and is headquartered in Troy, New York.

$4M
$56M
-
50
2007
United States
05
iL
iLinc

Collaboration & Productivity Software

Developer of an online learning software. The company provides self-paced, interactive and multimedia learning tools.

$2M
-
-
48
1993
United States
06
CGVSS
Cinram Group (Vision Software Solutions)

Information Technology Software

Provider of vendor managed inventory services. The company specializes in cloud-based supply chain inventory management and business intelligence services for clients in home entertainment, electronics and publishing.

$1M
-
-
14
1995
United States
07
R
Rollio

Analytics Software

Tired of updating your CRM? Our Salesforce Automation Software can help. What used to take 30 minutes now takes 5 with our voice to text technology!

$749K
-
-
10
2014
United States
08
CH
CloakHire

HR Software

CloakHire specializes in the fields of networking, split fee contracts, social networking, and executive search.

$490K
$2M
-
5
2016
United States
09
VBS
Vanguard Behavioral Solutions

Healthcare Software

Developer of cloud-based healthcare patient management software. The company's software helps in seamless documentation of patient assessment, treatment plan and treatment review bringing the best practices and improve care management across providers.

$473K
-
-
15
2016
United States
10
IPDS
IPD Solutions

Healthcare Software

Provider of enterprise content management services. The company offers business software applications and services that drive increased operating efficiency, agility and visibility into critical work processes and serves the healthcare, insurance and financial companies, under its brand.

$385K
-
-
14
1991
United States
1 - 10 of 11Next

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.