These are the top SaaS companies in West Palm Beach, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for West Palm Beach by featuring these 7 companies with combined revenues of $6.2M.
Together, West Palm Beach SaaS companies employ over 97 employees, have raised $6M capital, and serve over 0 customers around the world.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Financial Services Software
Provider of software as a service designed for residential lending. The company provides mortgage brokers and lenders with a variety of services, including electronic loan applications, credit data and mortgage insurance approval certificates.
Financial Services Software
Developer of a cloud-based Web investment portal and database platform intended to provide hedge fund and portfolio investment information. The company's platform seamlessly integrates with hedge fund advisory firms, making it easy to customize and allocate assets and options strategies for clients, enabling hedge fund managers and clients to access customized investment portfolios, comprehensive reports and other similar due intelligence reports.
Developer of SaaS based healthcare IT platform designed to revolutionize the rebate negotiation process. The company's healthcare IT platform solicits, tracks, captures and evaluates rebate contract negotiations between payers and pharmaceutical manufacturers, and helps organizations to improve efficiencies, mitigate risk and reduce errors utilizing system generated business intelligence, enabling life sciences and healthcare companies to increase revenue and profitability through improved decision making.
Online Appointment Scheduling Software
Channel-EZ is a Salesforce AppExchange Partner focused on creating a suite of products built on the Salesforce.com platform for Channel and Partner Relationship Management. Our first product, "Partner Locator"â€‹, is available on Salesforce AppExchange. For more information or to request a free demo, call us at (855) 622-2777 or email us at firstname.lastname@example.org.
Artificial Intelligence Software
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.